Elan Corporation PLC Reports First Quarter 2010 Financial Results

DUBLIN--(BUSINESS WIRE)--Elan Corporation, plc, today reported its first quarter 2010 financial results. Elan CEO Kelly Martin commented, “The first quarter results demonstrate continued progress for the Company. Both the BioNeurology and EDT businesses are profitable at the operating level and the respective pipelines continue to mature. At the corporate level, the recently announced exploration of a possible separation of EDT will allow us to accurately assess the opportunity and impact on shareholder value.”

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