Published in Lab Business Week, September 24th, 2006
Revenues for the 3 months ended June 30, 2006 were $1,227,000 compared to $7,613,000 during the same period in 2005. Prior year revenues include $6.5 million in revenue realized in connection with the settlement of the PDI litigation.
Revenues for the 6 months ended June 30, 2006 were $2,463,000 compared to $9,066,000 for the same period in 2005. These included licensing revenues of $379,000 and $6,759,000 for the 6 months ended June 30, 2006 and 2005, respectively.
Research and development expenses for the 3 months ended June 30, 2006...
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