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Angiotech Pharmaceuticals reports income of $0.19 per share

Published in Pharma Investments, Ventures and Law Weekly, December 10th, 2006

Angiotech Pharmaceuticals, Inc. (ANPI, ANP), a global specialty pharmaceutical and medical device company, announced financial results for the third quarter ended September 30, 2006.

During the third quarter, Angiotech discontinued certain operations as part of the ongoing integration efforts related to the acquisition of American Medical Instruments Holdings, Inc., (AMI) completed in March 2006. Total revenue generated by these discontinued operations amounted to $2.9 million during the third quarter. Operating income generated by these discontinued operations during the quarter was not material. Revenues and expenses related to these discontinued operations are not...

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