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Actelion (XSWX:ATLN) Credit Losses Provision


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What is Actelion Credit Losses Provision?

Credit Losses Provision only applies to banks.


Actelion (XSWX:ATLN) Business Description

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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.