Published in Physician Law Weekly, February 21st, 2007
This trend article is an immediate alert from NewsRx to identify the most recent news developments at Cangene.
Report 1: Cangene reports results for the first quarter ended October 31, 2006.
Revenue for the first quarter of fiscal 2007 was $24.8 million, an increase of $0.7 million or 2.7% compared to the same quarter of the prior year. WinRho SDF sales in the U.S. strengthened and royalty revenue increased; however, these increases were largely offset by decreased research revenues, as activity on U.S. government research contracts awarded in 2003 nears completion, and the culmination of R&D...
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