Health

Sirtex shares dive on lower sales forecast

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AAP

shares in the treatment of developer cancer medical Sirtex after it lowered its sales outlook .

the company expects sales of the product leadership, SIR- balls Y-0 resin microspheres, to rise by between 15 and 17 per cent in the financial year 2015/16.

this and apos; s weaker than the average growth of 19.7 percent achieved in the previous five years

[said

Sirtex product is targeted radiation therapy for liver cancer sales. it was weaker than expected in Europe and the Middle East, Africa, Asia and the Pacific, which offset strong growth in the Americas.

crashes temporary supply, delays in the payment of the product later than the expected publication of clinical study, he said in a medical journal affected the sales of the

company made. And decreased the company’s shares $ 2.26, or 7.2 percent, to $ 29.24

“While we are disappointed that we will be able to achieve our CEO Gilman Wong said guidance FY16 sales dose of growth, it is important to be aware the effects of the business outside of the Americas and timing-related. ”

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