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ALEXION PHARMACEUTICALS reported a 17 percent decline in profit for the 2017 third quarter as the company's expenses rose on restructuring and its cost of sales. Above, the Alexion manufacturing facility in Smithfield, which the company remains committed to closing as part of its corporate restructuring. / COURTESY ALEXION

Alexion reports revenue up, profit down on restructuring costs

SMITHFIELD – New Haven, Conn.-based Alexion Pharmaceuticals Inc. reported a 17 percent year-over-year decline in net income for the 2017 third quarter to $78...
THE ALEXION PHARMACEUTICALS manufacturing facility in Smithfield will close due to a corporate restructuring that includes moving the company's headquarters from New Haven to Boston. / COURTESY ALEXION PHARMACEUTICALS INC.

R.I. Alexion manufacturing facility to close in corporate restructuring

NEW HAVEN, Conn. – Alexion Pharmaceuticals Inc. will close its manufacturing facility in Smithfield, the company said Monday. In a release announcing a restructuring in...
ALEXION PHARMACEUTICALS REPORTED a $165 million profit in the second quarter of 2017. /COURTESY ALEXION

Alexion reports $165M profit for 2Q

NEW HAVEN, Conn. - Alexion Pharmaceuticals Inc., a company that focuses on developing therapies for patients with devastating and rare diseases, reported a $165...
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