Enzo Biochem, Inc.
Enzo Biochem Reports Record Fiscal 2009 and Fourth Quarter Revenues
Published in Lab Law Weekly, October 30th, 2009
Enzo Biochem, Inc. (NYSE:ENZ) reported a 16% increase in total operating revenue, to $24.5 million, and a 19% increase in gross profit, to $10.6 million, for the fourth fiscal quarter ended July 31, over the comparable quarter last year. The gains reflected double-digit revenue increases at both its Life Sciences and Clinical Labs divisions. Enzo Biochem is a vertically integrated biotechnology company engaged in the research, development, manufacture, licensing and marketing of innovative health care products, platforms and services based on molecular and cellular technologies.
Fourth quarter revenues rose 16% at Enzo Life Sciences due to greater product sales, as well...
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Source: Lab Law Weekly (2009-10-30)
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