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Velan Reports Strong Second Quarter Results

Velan reported strong financial results for the three months ended August 31, 2009. Sales of $117.6 million were a record for the quarter. The net earnings for the three months were $7.6 million, or $0.34 per share. For the six months ended August 31, 2009, Sales were $273.9 million and Net Earnings were $21.9 million, or $0.98 per share.

 

Source: Velan

 

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