Q1 2019 Orexo AB Earnings Call Transcript
Ladies and gentlemen, welcome to the Orexo AB audio conference -- teleconference Q1 2019 call. Today, I'm pleased to present Nikolaj Sørensen, Chief Executive Officer and Joseph DeFeo, Chief Financial Officer. (Operator Instructions) Speakers, please begin.
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Thank you very much, and welcome to this first quarter call for Orexo in 2019. If I look back on the quarter we have just been through, it has been a very strong start of 2019. Leading a pharmaceutical company, I think the main topic is do you want to show good sales growth and we have shown good sales growth, in particular in Swedish krona, but also in local currency. It's about profitability. We have improved our profitability substantially coming from the U.S. business and even on the corporate level despite having a significant cost for [leading] in this quarter. It's about developing a pipeline. And while we know there's a risk in the pipeline as some projects does not progress exactly
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