Cubist Has Long-Term Plan Growth
Posted on August 10, 2012 at 18:14 PM EDT
While some companies are focused on growth for the next quarter or next year, Cubist Pharmaceuticals (CBST) is thinking long term. In June, the Lexington,Mass.-based drugmaker outlined an ambitious five-year plan for future growth. By 2017, Cubist expects revenue to hit $2 billion. The company did $754 million in sales last year. Almost all of that came from Cubincin, which is used to treat blood and skin infections. Cubist plans to hit its
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