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Basilea Pharmaceutica Ltd reports strong 2023 results and aims to enter US market
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Basilea Pharmaceutica Ltd reports strong 2023 full-year results, with revenue of CHF 157.6 million. The company aims to enter into a commercial partnership for the US for its antibiotic ceftobiprole. Basilea's financial summary shows a net profit of CHF 10.5 million and a positive cash flow of CHF 14.2 million.
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How does ceftobiprole compare to other antibiotics in the market?
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What factors contributed to Basilea's strong financial results in 2023?
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