Mylan (MYL) released upbeat fourth quarter financial results after the closing bell on Monday. The pharmaceutical company reported adjusted earnings of $1.05 per share, on revenue of $2.08 billion for the quarter. The generic and specialty drug maker said it saw a boost in quarterly profit and revenue, driven primarily by strong demand in North America. Last week, the company said it completed its acquisition of Abbott Laboratories’ (ABT) non-U.S. drug assets. Mylan will now be able to cut its tax bill by shifting its tax base to the Netherlands. TheStreet’s Kurumi Fukushima reports in New York.
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