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Allergy Research Group, Inc.
Allergy Research Group reports 5% increase in revenue
May 8th, 2006
Allergy Research Group, Inc., (ALRG) announced financial results for the year ending December 31, 2005. ALRG announces revenues of $15,911,221 for the year ended December 31, 2005, an increase of 5% compared to $15,136,592 for the year ending December 31, 2004. The increase in sales is due to the introduction of new products and effective marketing efforts. "We plan to continue our efforts to increase sales by expanding into targeted regions through foreign distributors and by expanding our existing sales force," said CEO and chairman, Stephen A. Levine, PhD. Cost of sales increased $978,215 to $9,645,293 for the year ended...
Source: Biotech Week (2006-05-08)
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