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Generic drugmaker Endo's profit, revenue beat estimates

Endo International Plc (ENDP.O) reported fourth-quarter adjusted profit and revenue ahead of analysts' estimates, driven by demand for its newly launched generic drugs, the antipsychotic quetiapine and cholesterol treatment ezetimibe.

The drugmaker, however, forecast lower-than-expected 2017 revenue, a projection that is also lower than its 2016 revenue of $4.01 billion, saying it continues to expect declines in its older generics unit and legacy pain...


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