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Biotech company reports 8.5% increase in sales

Published in Drug Week, March 26th, 2004

BioSource International, Inc., (BIOI) announced its operating results for the fourth quarter and year ended December 31, 2003.

Net sales for the quarter ended December 31, 2003, were $ 10.7 million, an increase of $836,000, or 8.5% compared to net sales for the quarter ended December 31, 2002. The company's revenues benefited by a $571,000 positive impact of foreign exchange for the quarter ended December 31, 2003, when compared to the quarter ended December 31, 2002.

For the 3 months ended December 31, 2003, sales of the company's Signaling product lines grew 24% compared to the prior year quarter, from $1,900,000 to $2,400,000. The company's sales...

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