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DRAXIS Health Reports Fourth Quarter and Year End Results
Date:2/7/2008

2007 2006 2007 2006

(unaudited)(unaudited) (unaudited)(unaudited)

REVENUES

$20,024 $23,106 Product sales $76,072 $83,545

433 465 Royalty and licensing 2,668 2,121

30 825 Anipryl(R) deferred revenues 120 3,301

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$20,487 $24,396 $78,860 $88,967

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$6,909 $10,446 Product Gross Margin $26,454 $36,462

34.5% 45.2% Product Gross Margin % 34.8% 43.6%

($1,171) $4,289 Operating income (loss) $2,148 $14,952

-5.7% 17.6% Operating Margin % 2.7% 16.8%

$24,796 $21,446 Cash and cash equivalents $24,796 $21,446

$0 $0 Total debt $0 $0

$2,395 $5,734 Cash flows from operating $12,551 $16,450

activities

(5,160) (2,251) Cash flows used in investing (13,394) (5,993)

activities

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($2,765) $3,483 ($843) $10,457

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($551) $3,687 Net income (loss) $1,658 $11,547

($0.01) $0.09 Basic and diluted earnings $0.04 $0.28

(loss) per share

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SOURCE DRAXIS Health Inc.
Copyright©2008 PR Newswire.
All rights reserved

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Related medicine news :

1. Draxis Health selected by Johnson and Johnson Consumer Companies, Inc. for major contract manufacturing relationship
2. DRAXIS to Present at the 2007 UBS Global Life Sciences Conference
3. DRAXIS Health Inc. Announces Retirement of Dr. Martin Barkin as President and Chief Executive Officer
4. DRAXIS Names GE Healthcare as Exclusive Distributor of DRAXIMAGE(R) Sestamibi in USA
5. DRAXIS Announces Application for Normal Course Issuer Bid
6. DRAXIS Share Buyback Approved by TSX
7. DRAXIS to Report Fourth Quarter and Year End 2007 Results on February 7th
8. Penn study finds pro-death proteins required to regulate healthy immune function
9. UCLA researchers identify markers that may predict diabetes in still-healthy people
10. Air pollution linked to cardiovascular risk indices in healthy young adults
11. More proof needed of safety and quality of electronic personal health records

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