Navigation Links
WuXi PharmaTech Announces Fourth-Quarter and Full-Year 2009 Results
Date:3/8/2010

net revenues of China-based Laboratory Services of 26% came in at the top of the expected range of 23-26% -- 2009 net revenues of U.S.-based Laboratory Services of $64.1 million represented a slight increase compared to 2008 net revenues on a pro-forma basis of $62.7 million, as expected -- 2009 Manufacturing Services net revenues of $20.1 million fell within the expected range of $20-$30 million. A large order is expected to be delivered in the first quarter, and we now project first-quarter 2010 Manufacturing Services net revenues of $12-$14 million. -- 2009 adjusted EBITDA (excluding share-based compensation charges and potential mark-to-market gains or losses from foreign-currency forward contracts) of $92.3 million exceeded the expected range of $86-$90 million 2010 Financial Guidance The company projects 2010 financial performance as follows: -- Total net revenues of $310-320 million, which represents 15-19% growth -- Growth in net revenues of China-based Laboratory Services of 13-16% -- Growth rate of net revenues of U.S.-based Laboratory Services of mid single digits -- Growth of net revenues of Manufacturing Services of at least 70% -- Decline in GAAP and non-GAAP gross margin of two to five percentage points -- Growth in GAAP and non-GAAP operating income of up to 10% -- Capital expenditures of $50-60 million, similar to the 2009 level -- Effective tax rate of 13-15%

Commenting on 2010 guidance, Edward Hu, chief operating officer and acting chief financial officer, said, "In 2010, we expect continued solid financial performance while we invest for the future. We expect that growt
'/>"/>

SOURCE WuXi PharmaTech (Cayman) Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29

Related biology technology :

1. WuXi PharmaTech (NYSE: WX) Holds Its Third Life Science and Chemistry Awards Ceremony in Beijing
2. WuXi PharmaTech Selects Labcyte POD(TM) 810 Platform for High-Throughput Screening
3. WuXi PharmaTech Named in Deloitte Technology Fast 50 China 2009 List for the Fifth Consecutive Year
4. Quest PharmaTech Acquires Late-Stage Immunotherapeutic Antibody Pipeline
5. WuXi PharmaTech Announces Second-Quarter 2009 Results
6. WuXi PharmaTech Announces Shareholder Resolutions Adopted at 2009 Annual General Meeting
7. WuXi PharmaTech Schedules Second-Quarter 2009 Earnings Release
8. WuXi PharmaTech Receives Award from BASF
9. WuXi PharmaTech Named a Top Ten Chinese Outsourcing Enterprise
10. WuXi PharmaTech Appoints Felix Hsu as Senior Vice President of U.S. Operations
11. WuXi PharmaTech Appoints Wei-Min Chang as Vice President of Operations and General Manager of SynTheAll Manufacturing Facility, Eric Gu as Vice President of Business Development for Manufacturing Services
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/25/2014)... The report “Adipic Acid Market by Application, ... Trends & Forecast to 2019” report analyzes the ... opportunities, and trends in different regions. , Browse ... through 217 slides and in-depth TOC on “Adipic ... 2019”., http://www.marketsandmarkets.com/Market-Reports/adipic-acid-269.html , Early buyers will receive ...
(Date:10/25/2014)... ViaDerma, Inc (OTCQB: ... to bringing new products to market, is committed ... has developed an innovative, patent-pending dual carrier transdermal ... of pharmaceutical active ingredients to penetrate the skin ... therapy. The transdermal delivery method also overcomes microbial ...
(Date:10/25/2014)... York, NY (PRWEB) October 23, 2014 ... announced the winners for the 2014 BioProcess International ... business strategies, social corporate responsibility and technology applications ... more effective treatments to a global patient base. ... by their peers during a very entertaining and ...
(Date:10/25/2014)... According to new market research report ... (Colocation, Enterprise, Telecom), by Design Types (Electrical, Mechanical), ... Tier 3, Tier 4) - Global Forecast to ... Data Center Construction Market into various segments with ... research report also identifies the factors driving this ...
Breaking Biology Technology:Adipic Acid Market Estimated to Grow $7,539.2 Million by 2019 - Report by MarketsandMarkets 2Adipic Acid Market Estimated to Grow $7,539.2 Million by 2019 - Report by MarketsandMarkets 3Adipic Acid Market Estimated to Grow $7,539.2 Million by 2019 - Report by MarketsandMarkets 4ViaDerma, Inc. Announces Plans to Pursue Out-Licensing Partnerships in 2015 2ViaDerma, Inc. Announces Plans to Pursue Out-Licensing Partnerships in 2015 3BioProcess International Announces Winners of the 2014 BioProcess International Awards 2BioProcess International Announces Winners of the 2014 BioProcess International Awards 3BioProcess International Announces Winners of the 2014 BioProcess International Awards 4BioProcess International Announces Winners of the 2014 BioProcess International Awards 5Data Center Construction Market Worth $22.73 Billion by 2019 - New Report by MarketsandMarkets 2Data Center Construction Market Worth $22.73 Billion by 2019 - New Report by MarketsandMarkets 3Data Center Construction Market Worth $22.73 Billion by 2019 - New Report by MarketsandMarkets 4
... ANNAPOLIS, Md. , Jan. 26 The following ... CEO of PharmAthene, regarding the Commission on the Prevention of ... Today,s Report Card by the Commission on the Prevention of ... warning that America still remains vulnerable to bioterrorism.  Our Nation,s ...
... , SHANGHAI , ... pharmaceutical R&D outsourcing Service Company in China , announced,that ... visited Sundia on January 22, 2010 . M.Raffarin, ... Serge,Feneuille and Mr. Erwan Davoux of ...
... , , , , ... /PRNewswire-Asia-FirstCall/ -- 3SBio Inc.,(Nasdaq: SSRX ) ("3SBio" or "the Company"), ... and marketing,biopharmaceutical products, today announced that it will release financial,results for ... 8:00 PM (Eastern) on, Thursday, February 11, 2010 . , ...
Cached Biology Technology:Former French Prime Minister Jean-Pierre Raffarin Visits Sundia 23SBio Inc. to Report 2009 Fourth Quarter and Full Year Results on February 11, 2010 2
(Date:10/25/2014)... Oct.  22, 2014   MedNet Solutions , a ... management systems, is pleased to announce the 2014 ... – to be held in Bloomington, Minnesota ... to have record attendance and promises to be informative, ... The focus of the meeting is iMedNet™ ...
(Date:10/25/2014)... LONDON , Oct. 22, 2014 This ... is a relatively new space in heavy pursuit of ... are unique to miRNAs compared to other RNA components. ... make it a novel candidate for use as a ... pursuit of miRNA-based microarrays and diagnostics for the advancement ...
(Date:10/25/2014)... LONDON , Oct. 22, 2014 A ... in-depth analysis of the current and future genetic testing ... principles and types are covered in this report. On ... market trends; drivers; and existing strengths and challenges; forecast ... the market is likely to grow at a CAGR ...
Breaking Biology News(10 mins):MedNet Solutions To Host Third Annual iMedNet User Group Meeting 2MicroRNA: An Insight to miRNA-based microarrays, diagnostics and therapeutics Overview, Cambridge Healthtech Advisors 2Genetic Testing Market Outlook 2018 2
... pain more than men despite the popular notion that the ... differences in pain have found that not only do women ... also experience it in more bodily areas, more often and ... seem to be differences in how men and women think ...
... base are the guinea pigs for Oak Ridge National ... better determine whether a species has vanished. , After ... biologists were a bit concerned and were looking for ... ecologist and member of ORNL's Environmental Sciences Division. A ...
... a newly released method to analyze functional magnetic ... that the interconnections between different parts of the ... other findings answer longstanding debates about how brain ... are presented in the current (June 1) issue ...
Cached Biology News:Women feel more pain than men, research shows 2Women feel more pain than men, research shows 3Elusive salamanders have role in developing new sampling models 2Elusive salamanders have role in developing new sampling models 3Brain networks change according to cognitive task 2Brain networks change according to cognitive task 3