STOCKS NEWS EUROPE-UCB falls after weak Cimzia sales
Shares in UCB (Other OTC: UCBJY - news) fall as much as 4.3 percent after the Belgian pharma group reports lower than expected sales of its new rheumatoid arthritis and Crohn's disease drug Cimzia.
"The numbers were a bit below consensus. Sales of Cimzia were quite weak and there's more sales erosion from generic competition for Keppra," a Brussels-based trader said.
At 1045 GMT, UCB's shares are 3 percent lower, making them the weakest performers on the STOXX European Healthcare Index which trades broadly unchanged.
For more on UCB's results , please click Reuters messaging rm://robertjan.bartunek.thomsonreuters.com@reuters.net