Pharma/fine chemicals roundup—5 February

Johnson Matthey reports lower quarterly sales Johnson Matthey reported a 2% year-on-year decrease in group sales, excluding precious metals, to £635 million ($998 million), for its fiscal third quarter ended 31 December 2012. The company announced the figures in an interim management statement. Johnson Matthey's fine chemicals division made steady progress with sales up 2%, to £63 million. Operating profit increased slightly compared with the year-earlier quarter but was lower than in the previous quarter, the company says. Lonza restructures...

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