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Immunology Leads Shire's 2017 Sales Growth With Addition Of HAE Portfolio

 
• By Joseph Haas

Immunology portfolio yielded 14% sales growth in 2017, led by growing subcutaneous immunoglobulins and a still-rising HAE franchise. Dry eye drug Xiidra was another 2017 growth catalyst.

Flemming Ornskov
Shire CEO Flemming Ornskov • Source: Source: Shire PLC

Calling 2018 a year that will be focused on commercial execution, targeted manufacturing infrastructure investment as well as the potential split of its rare disease and neuroscience units into separate businesses, Shire PLC CEO Flemming Ornskov pointed to immunology as a growth-leader for the Dublin-headquartered firm as it shifts focus away from a hectic business development pace in recent years.

During Shire's fourth quarter and full-year 2017 earnings call on Feb. 14, Ornskov noted that immunology provided the main impetus behind the firm's overall 8% sales growth, increasing 14% to $4.37bn on the year

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