Almirall

While in the Raval barrio you could try the London Bar at Carrer Nou de la Rambla 34, or Casa Almirall though be mindful the waiters here are unreformed Franquistas – Franco supporters at Carrer de Joaquín Costa 33, and the lovingly restored sweetshop La Confiteria at Carrer de Sant Pau 128.

10 of the best barrio bars in Barcelona 2011

Paladin Labs Inc., Recordati and Laboratorios Almirall could be next on its shopping list.

Breathing Life into Spirits Deals 2011

In one example, Almirall and New York-based Forest Laboratories Inc. are awaiting a U.S. Food and Drug Administration ruling on an experimental drug for lung disease that the companies hope to sell in the U.S., where Almirall currently has little revenue.

Europe's Smaller Drug Firms Feeling Pain Jeanne Whalen 2011

While in the Raval barrio you could try the London Bar at Carrer Nou de la Rambla 34, or Casa Almirall though be mindful the waiters here are unreformed Franquistas – Franco supporters at Carrer de Joaquín Costa 33, and the lovingly restored sweetshop La Confiteria at Carrer de Sant Pau 128.

10 of the best barrio bars in Barcelona 2011

Almirall, based in Barcelona, cut its 2011 earnings forecast this month, saying it expects sales to fall by 10% and profit to fall by a percentage in the "high 20s" this year.

Europe's Smaller Drug Firms Feeling Pain Jeanne Whalen 2011

Almirall employs about 400 R&D scientists in Spain, making it the country's largest investor in pharmaceutical R&D, he said.

Europe's Smaller Drug Firms Feeling Pain Jeanne Whalen 2011

He expressed concern that Almirall might not be able to maintain its R&D spending, which currently represents about 15% of sales—an average level for the industry.

Europe's Smaller Drug Firms Feeling Pain Jeanne Whalen 2011

Almirall's stock has fallen by about 26% this year.

Europe's Smaller Drug Firms Feeling Pain Jeanne Whalen 2011

Publicly traded companies such as Spain's Almirall SA and Greece's Alapis Holding Industrial and Commercial SA have already been hit hard by government cuts, while Italy's Recordati SpA and Germany's Stada Arzneimittel AG could be vulnerable if the cuts continue to spread and deepen, Jefferies wrote in an Oct. 18 research note.

Europe's Smaller Drug Firms Feeling Pain Jeanne Whalen 2011

A new chief executive, Eduardo Sanchiz , took over in July, tasked with cutting costs and widening Almirall's business into new products and markets.

Europe's Smaller Drug Firms Feeling Pain Jeanne Whalen 2011