Navigation Links
Neuland Labs Reports First Quarter Fiscal Year 2012 Financial Results
Date:8/5/2011

HYDERABAD, India, Aug. 5, 2011 /PRNewswire/ -- Neuland Laboratories Ltd., (NSE:NEULANDLAB; BOM:524558) a pharmaceutical manufacturer providing active pharmaceutical ingredients (APIs), complex intermediates, and contract research and manufacturing services to customers located in 85 countries, today announced financial results for the first quarter of fiscal year (FY) 2012, ended June 30, 2011.

"We are pleased to report that in the first quarter of the new fiscal year we continued to achieve the good sales growth momentum we began to generate in fiscal year 2011," said Dr. D.R. Rao, Chairman and Managing Director of Neuland Labs.  "We also continued to make progress on managing our costs of production and overall expenses, enabling the company to achieve a profitable quarter."

Revenues for the first quarter of FY 2012 were $23.2 million (1.04 billion INR*) compared to revenues in the first quarter of FY 2011 of $20.3 million (0.9 billion INR), an increase of 14.5%.  The increase in revenues primarily reflects gains in sales of the company's products and services from its API, Contract Research and Manufacturing, and Peptides synthesis businesses.

Neuland reported EBITDA of $1.85 million (82.58 million INR) in the first quarter of FY 2012, compared to EBITDA of $0.53 million (23.41 million INR) in the comparable period in FY 2011, an increase of 249%.  After-tax profits in the first quarter of FY 2012 were $0.19 million (8.59 million INR), compared to a net loss of $1.08 million (47.65 million INR) in the first quarter of FY 2011.

"A notable event during the first quarter was our announcement of Neuland's new commercial-scale peptide manufacturing service at a symposium for leading peptide experts from around the world," noted Sucheth R. Davuluri, Chief Executive Officer of Neuland Labs.  "Our experience in producing synthetic peptides of varying lengths and complexity parallels their increasing use as therapeutics
'/>"/>

SOURCE Neuland Laboratories Ltd.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine technology :

1. Neuland Labs Launches Expanded Peptide Manufacturing Capabilities at 22nd American Peptide Symposium
2. Neuland Labs Reports Financial Results for Fiscal Year 2011
3. OncoGenex Pharmaceuticals, Inc. Reports Financial Results for Second Quarter 2011 and Provides Update on Development Activities
4. HeartWare International Reports Second Quarter 2011 Revenues of $20.4 Million; 109% Increase From $9.8 Million in Second Quarter 2010
5. Cumberland Pharmaceuticals Reports Second Quarter 2011 Financial Results
6. Isis Reports Financial Results and Highlights for Second Quarter 2011
7. Nektar Therapeutics Reports Second Quarter 2011 Financial Results
8. Valeant Pharmaceuticals Reports 2011 Second Quarter Financial Results
9. Optimer Pharmaceuticals Reports Second Quarter 2011 Financial Results
10. Symmetry Medical Reports Second Quarter 2011 Financial Results
11. MAP Pharmaceuticals Reports Second Quarter of 2011 Financial Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/30/2015)... , July 30, 2015  Unichem Pharmaceuticals ( ... one lot of Hydrochlorothiazide tablets 25 mg 1000-count bottle ... as a precautionary measure due to the identification of ... product. The risk associated with mistakenly ... is the increased probability of experiencing Clopidogrel,s side effects ...
(Date:7/30/2015)... 30, 2015 Tianyin Pharmaceutical Inc. (NYSE Amex: ... specializes in the patented biopharmaceutical, modernized traditional Chinese medicine ... updates regarding the notice it received on May 21, ... that the Company was below certain of the Exchange,s ... and 1101 of the NYSE MKT Company Guide, due ...
(Date:7/30/2015)... July 30, 2015 ... report with market overview, trends, DRO analysis, ... analysis, recent developments, competitive scenario and top ... Insight: Biosensors Market Development and Demand Forecast ... http://photos.prnewswire.com/prnh/20150727/756778 ) Explore more about ...
Breaking Medicine Technology:Unichem Pharmaceuticals (USA), Inc. Issues a Voluntary Nationwide Recall of Hydrochlorothiazide Tablets Due to the Potential Presence of Foreign Tablets 2TPI Provides Update Regarding Non-Compliance with NYSE MKT Continued Listing Requirements 2Global Biosensors Market (Size of $12,964 Million in 2014) to Witness 10% CAGR During 2015 - 2020 2Global Biosensors Market (Size of $12,964 Million in 2014) to Witness 10% CAGR During 2015 - 2020 3Global Biosensors Market (Size of $12,964 Million in 2014) to Witness 10% CAGR During 2015 - 2020 4Global Biosensors Market (Size of $12,964 Million in 2014) to Witness 10% CAGR During 2015 - 2020 5
... Pharmaceuticals, Inc. (NASDAQ: ARNA ) announced ... (MAA) with the European Medicines Agency (EMA) for lorcaserin, ... weight loss and maintenance of weight loss, in patients ... overweight (BMI >27) and have at least one weight-related ...
... Corporation (NASDAQ: IRIX ) today announced that ... conferences this month. The Company presents today ... Conference where President and CEO Dominik Beck will host ... the day.  The Company is also ...
Cached Medicine Technology:Arena Pharmaceuticals Files European Marketing Authorization Application for Lorcaserin for Weight Control 2Arena Pharmaceuticals Files European Marketing Authorization Application for Lorcaserin for Weight Control 3Arena Pharmaceuticals Files European Marketing Authorization Application for Lorcaserin for Weight Control 4
(Date:7/31/2015)... ... ... According to WFLA on July 16th, Sarasota has seen at least ... deaths have held steady over the last “couple of months” according to WFLA. Law ... spurred by the crackdown of prescription painkillers. Many users who were addicted to prescription ...
(Date:7/31/2015)... ... July 31, 2015 , ... ... Practice, and Hospital Medicine Practice, is pleased to announce that it has partnered ... application format available on iPhones, iPads, and Android smartphones and tablets. , ...
(Date:7/31/2015)... ... 2015 , ... An article entitled " Dentists Doing Dermatology? ... unfortunate experience having cosmetic skin procedures done by a family doctor not board-certified ... bruising, and pain. This woman’s experience is only one in a series of ...
(Date:7/31/2015)... , ... July 31, 2015 , ... ... of a wide variety of nutritional and wellness products, announced the addition of ... specializes in massage therapy, active isolated stretching and the prevention and rehabilitation of ...
(Date:7/31/2015)... ... 31, 2015 , ... People love to feel like they ... price is an important factor to clients when choosing to purchase a policy. ... Preferred Producer Multi-Life Discount program, where advisers pass savings onto their clients. , ...
Breaking Medicine News(10 mins):Health News:Sarasota Sufferers Increased Heroin Overdoses and Deaths 2Health News:Sarasota Sufferers Increased Heroin Overdoses and Deaths 3Health News:EB Medicine Launches Mobile Application for Pediatric Emergency Medicine 2Health News:EB Medicine Launches Mobile Application for Pediatric Emergency Medicine 3Health News:Dermatologists Discuss Rise in Unqualified Practitioners of Cosmetic Dermatology 2Health News:Dermatologists Discuss Rise in Unqualified Practitioners of Cosmetic Dermatology 3Health News:NPI Welcomes Vincent Aquilino to Board of Directors 2Health News:Secura Consultants Gives Advisers Competitive New Edge with Multi-Life Discount Program 2
... fear and anxiety are involved, and the amygdalathe brain,s almond-shaped ... But the amygdala doesn,t do its job alone. Scientists at ... the fear map to part of the brain known as ... MD, PhD, found that mice lacking a critical growth factor ...
... scientists at Carnegie Mellon University,s Language Technologies Institute (LTI) ... on Haitian Creole so that translation tools desperately needed ... earthquake-ravaged island can be rapidly developed. Since Carnegie Mellon ... a team at Microsoft Research has used it to ...
... ... ... HealthWorks Medical Group, a leading nationwide operator of on-the-job-injury health and urgent care centers, today ... by getting workers vaccinated against H1N1., , , , ,“U.S. HealthWorks wants to send our ...
... mice ,rejuvenated, when treated with blood factors from younger mice, ... have found a way to make old stem cells in ... could lead to ways to slow the aging process. , ... putting them in old mice made old stem cells take ...
... stem cell therapy, but much research remains to be ... at Stanford University have succeeded in creating brain nerve ... tails of adult mice. , The new approach could ... how cells choose and maintain their specialized roles in ...
... ... Vice Chairwoman, Stephanie DeKemper takes ownership. , ... Indianapolis, IN (PRWEB) Jan. 27, 2010 -- SynCare, LLC ( www.syncarellc.com ) announced ... of Directors Vice Chairwoman Stephanie DeKemper. , , , , ,An aggressive and well-respected consumer ...
Cached Medicine News:Health News:Brain scientists extend map of fear memory formation 2Health News:Carnegie Mellon releases data on Haitian Creole to hasten development of translation tools 2Health News:Twitter Contest: Free, Onsite H1N1 Vaccination Day for Winning Businesses 2Health News:Aging of Blood Stem Cells May Be Reversible 2Health News:Scientists Turn Mouse Skin Cells Into Nerve Cells 2Health News:Scientists Turn Mouse Skin Cells Into Nerve Cells 3Health News:SynCare, LLC Completes Sale of Assets to Stephanie DeKemper 2Health News:SynCare, LLC Completes Sale of Assets to Stephanie DeKemper 3
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
Medicine Products: