Navigation Links
WuXi PharmaTech Announces Second-Quarter 2012 Results
Date:8/13/2012

SHANGHAI, Aug. 13, 2012 /PRNewswire-Asia/ -- WuXi PharmaTech (Cayman) Inc. (NYSE: WX), a leading research and development outsourcing company serving the pharmaceutical, biotechnology, and medical device industries, with operations in China and the United States, today announced its financial results for the second quarter of 2012.

Highlights

  • Net Revenues Increased 28.9% Year Over Year to $130.4 Million
  • Laboratory Services Net Revenues Grew 24.7% Year Over Year to $93.6 Million
  • China-Based Laboratory Services Net Revenues Increased 27.2% Year Over Year to $70.3 Million
  • U.S.-Based Laboratory Services Net Revenues Increased 17.7% Year Over Year to $23.3 Million
  • Manufacturing Services Net Revenues Grew 41.2% Year Over Year to $36.8 Million
  • Net Revenues from China Operations Exceeded $100 Million for the First Time on a Quarterly Basis
  • Share Repurchases Totaled $10.2 Million
  • GAAP Diluted Earnings Per ADS Grew 13.4% Year Over Year to $0.28
  • Non-GAAP Diluted Earnings Per ADS Increased 12.3% Year Over Year to $0.33
  • Company Increases Full-Year 2012 Revenue Guidance to $488-$498 Million
  • Management Comment"WuXi's strong operational performance continued in the second quarter," said Dr. Ge Li, Chairman and Chief Executive Officer. "Year-over-year revenue growth accelerated to 28.9%, driven by solid demand for our broad, integrated platform of services. This revenue growth was broad-based, with each of our businesses achieving double-digit growth. I'm especially proud that this was the first quarter in which our China-based operations generated more than $100 million in net revenues. I'm also pleased that WuXi's GAAP diluted earnings per ADS increased 13.4% year over year. With these results, we met or exceeded all of our guidance for revenues and margins for the second quart
    '/>"/>

    SOURCE WuXi PharmaTech (Cayman) Inc.
    Copyright©2012 PR Newswire.
    All rights reserved

    Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14

    Related medicine technology :

    1. Pharmatech Oncology Receives Phase 2 SBIR Funding for Just-In-Time Enrollment Model
    2. WuXi PharmaTech Announces First-Quarter 2012 Results
    3. Industry Leading Pharmaceutical News Website in-Pharmatechnologist.com Refocused and Relaunched
    4. WuXi PharmaTech Files 2011 Annual Report on Form 20-F
    5. Varian Medical Systems CEO Timothy E. Guertin Announces Plans to Retire; Board of Directors Names Dow R. Wilson as Successor
    6. Comprehensive Care Corporation Announces Profitable Six Month Financial Results
    7. Tactical Medical Packs Announces New Disaster Medical Packs Equipping First Responders for Mass Casualty Incidents
    8. Echo Therapeutics Announces Second Quarter 2012 Financial Results
    9. Bacterin International Announces Second Quarter and Six Months 2012 Financial Results
    10. Arena Pharmaceuticals Announces Second Quarter 2012 Financial Results and Recent Developments
    11. 3SBio Inc. Announces Changes to Its Board of Directors
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:4/17/2015)... NORTH CHICAGO, Ill. , April 17, 2015  AbbVie ... ABBV) today announced that it has extended the expiration of ... of common stock of Pharmacyclics, Inc. to 5 p.m., ... 2015. On April 17, 2015, AbbVie also ... Hart-Scott-Rodino Antitrust Improvements Act in order to provide the FTC ...
    (Date:4/17/2015)... Nonin Medical, a global leader in noninvasive medical monitoring, ... Steve Bucholz will retire May 1. Company founder ... Chief Executive Officer. In addition, Mr. Isaacson will continue ... transition to David Noel , Chief Financial Officer. ... to Nonin Medical,s growth," Mr. Isaacson said. "Under Steve,s ...
    (Date:4/17/2015)... 2015 Research and Markets ( ... "Medical Device Outsourcing - Global Strategic Business ... This report analyzes the worldwide markets for Medical ... Device Categories: Class I, Class II, and Class ... report Include - Radiology, Orthopedic, Neurology, Cardiology, and ...
    Breaking Medicine Technology:AbbVie Extends Exchange Offer to Acquire Pharmacyclics, Inc. 2AbbVie Extends Exchange Offer to Acquire Pharmacyclics, Inc. 3AbbVie Extends Exchange Offer to Acquire Pharmacyclics, Inc. 4Nonin Medical's Philip Isaacson Expands CEO Role; President and COO Steve Bucholz to Retire May 1 2Medical Device Outsourcing (Radiology, Orthopedic, Neurology, Cardiology, and Others) Market 2015 - Global Strategic Business Report 2Medical Device Outsourcing (Radiology, Orthopedic, Neurology, Cardiology, and Others) Market 2015 - Global Strategic Business Report 3
    ... 2011  Saint-Gobain Performance Plastics has upgraded its capabilities ... art laser engraving system. The system allows Saint-Gobain ... of all hose assemblies, piping and components, providing ... Plastics can engrave crimp collars on hose assemblies ...
    ...  Breckenridge Pharmaceutical, Inc. announced that the U.S. Food ... New Drug Application (ANDA) for Methscopolamine Bromide Tablets. ... a prescription medicine that is used as adjunctive therapy ... by Kenwood Therapeutics. The current market is approximately $7M, ...
    Cached Medicine Technology:Saint-Gobain Introduces Laser Engraving for Hose Assemblies 2
    (Date:4/19/2015)... (PRWEB) April 19, 2015 Carinsurancehints.com has released ... who have to claim auto insurance benefits . ... pictures and gather all the necessary information for claiming auto ... a good insurance plan to cover most of the damages. ... insurance benefits for an accident. , Drivers can compare ...
    (Date:4/19/2015)... New court documents issued by the ... Lipitor lawsuits ( http://www.lipitorlawsuitcenter.com/ ) continue to mount in ... of South Carolina. According to the April 15th filing, ... the proceeding on behalf of individuals who allegedly developed ... cholesterol-lowering statin. This represents an increase of 110 filings ...
    (Date:4/19/2015)... Indiana Fiber Network, LLC (IFN), ... a major bandwidth upgrade infrastructure service to AdamsWells ... Craigville Telephone Company, Inc. (DBA AdamsWells), one of ... protected 10 Gigabit internet transport ring. , ... Sales and Marketing, AdamsWells expanded Internet bandwidth will ...
    (Date:4/18/2015)... The Residential Senior Care Franchises ... years. The industry, which provides residential and personal-care services ... for themselves, has boomed on account of the aging ... seniors with memory impairment. As a result, IBISWorld expects ... 4.1% to $1.9 billion over the five years to ...
    (Date:4/18/2015)... April 18, 2015 Carinsurancehints.com has released a ... plans that offer financial protection against fire damage. ... pay benefits in case their vehicle is set intentionally on ... caused by rioting or by other things. , It ... on a single website http://www.carinsurancehints.com/ , in just ...
    Breaking Medicine News(10 mins):Health News:An Online Guide About Claiming Auto Insurance Benefits After an Accident 2Health News:Lipitor Lawsuits Mount, as New Court Report Shows More Than 100 Filings Added to Federal Litigation Since March 2Health News:Lipitor Lawsuits Mount, as New Court Report Shows More Than 100 Filings Added to Federal Litigation Since March 3Health News:AdamsWells Internet Telecom TV Expands Bandwidth via Indiana Fiber Network, LLC 2Health News:Residential Senior Care Franchises in the US Industry Market Research Report from IBISWorld Has Been Updated 2Health News:Residential Senior Care Franchises in the US Industry Market Research Report from IBISWorld Has Been Updated 3Health News:Online Auto Insurance Quotes For Plans That Cover Fire Damages! 2
    ... ARBOR, Mich.--- A new Bluetooth system designed primarily for blind ... world to tell pedestrians about points of interest along their ... orientation system was developed at the University of Michigan. Researchers ... , "Blind people can get from point A to point ...
    ... IBD have high risk of infection by hepatitis viruses ... disease, they need blood transfusions, and sometimes surgical and ... to alert health professionals about prevention and early diagnosis ... used in IBD treatment worsen the HBV liver disease. ...
    ... Bluegrass Bariatric Surgical,Associates announced today that the ... registry designed to evaluate the results of an,innovative ... ROSE (Revision Obesity Surgery, Endolumenal). The ROSE procedure ... pouch and stoma to,approximate the original post-gastric bypass ...
    ... a "Viable Alternative" to Standard Injections - 69% ... of Their Diabetes, AUSTIN, Texas, Sept. 17 ... small, disposable injection port about the size of ... 1 and type 2,diabetes, participants, differences in glycosylated ...
    ... Amazon.com Should Voters Ask Just How Important ... 17 In this presidential,election year, a vice-president ... ever been before. Yet, author and researcher Harry ... where a vice-president nomination seriously,impacted our country and ...
    ... AMN Healthcare, the largest,healthcare staffing company in ... International (OGPI), today announced AMN,s,endorsement of a Code ... the United States., A task force, including ... and licensure bodies developed the "Voluntary,Code of Ethical ...
    Cached Medicine News:Health News:New Bluetooth system orients blind and sighted pedestrians 2Health News:New Bluetooth system orients blind and sighted pedestrians 3Health News:The prevalence of hepatitis B virus infection in inflammatory bowel disease patients 2Health News:Final Patient Enrolled In Large Data Registry of Incisionless Gastric Pouch and Stoma Reduction Procedure 2Health News:Final Patient Enrolled In Large Data Registry of Incisionless Gastric Pouch and Stoma Reduction Procedure 3Health News:Final Patient Enrolled In Large Data Registry of Incisionless Gastric Pouch and Stoma Reduction Procedure 4Health News:Diabetes Spectrum Reports a Study Assessing the i-port(R) Injection Port for Administration of Insulin 2Health News:Diabetes Spectrum Reports a Study Assessing the i-port(R) Injection Port for Administration of Insulin 3Health News:A Conspiracy of Silence: Impact on History The Health and Death of Franklin D. Roosevelt 2Health News:AMN Healthcare, OGPI Endorse AcademyHealth's Code of Conduct for Recruitment of Foreign-Educated Nurses 2Health News:AMN Healthcare, OGPI Endorse AcademyHealth's Code of Conduct for Recruitment of Foreign-Educated Nurses 3
    ... affordable solution for low volume workloads, or ... includes a variety of clotting assays, such ... 1000 also offers bar code capability to ... it's backed by superior technology that has ...
    ... The SYNCHRON CX9 ALX system is ... time-consuming manual processes by as much as ... lower your total costs. Featuring the AccuSense® ... and an expanded test menu, the CX9 ...
    ... SYNCHRON CX5-S workstation offers a ... targeted to the mid-size lab ... samples per day. Like all ... is easy to use, easy ...
    ... mid- to high-volume lab, the SYNCHRON LX ... time-consuming manual tasks by as much as ... access, STAT, HCFA panels and batch profiling ... chemistries, General chemistries, TDMs, DATs, Thyroids, Specialty, ...
    Medicine Products: