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Actelion (XSWX:ATLN) Allowance For Loans And Lease Losses


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What is Actelion Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Actelion (XSWX:ATLN) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Actelion Ltd (XSWX:ATLN) » Definitions » Allowance For Loans And Lease Losses
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Actelion is a Swiss biopharmaceutical firm with several products on the market, largely focused on pulmonary arterial hypertension: Tracleer, Opsumit, Uptravi, Ventavis, and Veletri treat various stages of the disease via different methods of administration. Zavesca is a second-line option for Gaucher disease, and Valchlor treats a rare form of blood cancer. Actelion has created a global commercial infrastructure for its approved orphan drugs and has supplemented its internal pipeline through in-licensing and acquisitions.