Navigation Links
WuXi PharmaTech Announces Third-Quarter 2013 Results
Date:11/12/2013

om 36.6%.  Gross margin in Laboratory Services decreased slightly year over year to 38.1% from 38.2% mainly due to the effects of increasing labor costs in China and appreciation of the RMB versus the U.S. dollar, partially offset by improved productivity and the ramp-up of biologics and preclinical services. Gross margin in Manufacturing Services decreased year over year to 30.0% from 30.7% due to project mix.

Third-quarter 2013 GAAP operating income increased 26.8% year over year to $27.2 million due to the 14.4% increase in gross profit and lower general and administrative expenses in the quarter.  Operating margin increased to 18.5% from 17.0%, primarily due to lower general and administrative expenses.

Third-quarter 2013 GAAP net income increased 42.7% year over year to $30.4 million due to the 26.8% year-over-year increase in operating income, higher other income primarily due to $3.1 million of realized gains and $2.6 million of mark-to-market gains on foreign-exchange forward contracts, higher interest income due to higher cash balances and higher interest rates, and a reduction in the effective tax rate due to the mix of taxable income, partially offset by $1.4 million of equity-method investment losses associated with our joint ventures with PRA and MedImmune.

Third-quarter 2013 GAAP diluted earnings per ADS increased 40.7% to $0.42 due to the 42.7% increase in net income, partially offset by a higher number of outstanding ADSs as a result of the exercise of shares under employee stock option and restricted stock programs. Third-quarter 2013 GAAP comprehensive income increased 94.7% year over year to $39.3 million due to the 42.7% increase in GAAP net income, the increase in currency translation adjustments, and $6.6 million of unrealized gains from investments by our corporate venture fund in two U.S. biotech companies that had successful IPOs in the third quarter of 2013.

Third-Quarter 2013 Non-GAAP ResultsNon-GAAP f
'/>"/>

SOURCE WuXi PharmaTech
Copyright©2012 PR Newswire.
All rights reserved

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

Related medicine technology :

1. WuXi PharmaTech Announces Licensing Agreement for Patient-Derived Xenograft Models with Mayo Clinics Center for Individualized Medicine
2. Zacks.com featured expert Kevin Matras highlights: Core Laboratories NV, Invesco Ltd., Medtronic, Inc., Willbros Group Inc. and WuXi PharmaTech Inc.
3. WuXi PharmaTech Schedules First-Quarter 2013 Earnings Release
4. Breckenridge announces agreement with Aptalis Pharmatech to market Propranolol Hydrochloride Extended-Release Capsules
5. WuXi PharmaTech Receives Letter from AAALAC Commending Animal Care at Suzhou Toxicology Facility as "Exemplary"
6. WuXi PharmaTech Announces Fourth-Quarter and Full-Year 2012 Results, Share Repurchase Program
7. WuXi PharmaTech and Open Monoclonal Technology Expand Human Antibody Development and Commercial Opportunities for Asian Regional and Global Pharmaceutical Companies
8. WuXi PharmaTech Schedules Fourth-Quarter 2012 Earnings Release
9. WuXi PharmaTech Presents the 2012 Life Science and Chemistry Awards
10. WuXi PharmaTech Announces Shareholder Resolutions Adopted at 2012 Annual General Meeting
11. WuXi PharmaTech Celebrates Dr. Joseph Vaccas Induction into American Chemical Societys Medicinal Chemistry Hall of Fame
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/27/2014)... British Columbia and MENLO PARK, ... Pharmaceuticals, Inc. , (OTCQB: DMPI), developer of advanced ... company at the 16th Annual Rodman & Renshaw Global ... Co., LLC. The presentation will take place Tuesday, September 9th ... (4th floor) at the New York Palace Hotel in ...
(Date:8/27/2014)... Va. , Aug. 27, 2014 About ... the legs due to buildup of fatty plaque in ... in the aging patient population and in incidences of ... offers its Lower Extremity Arterial RevascularizatioN (LEARN) ... Endovascular specialists and interested residents and fellows ...
(Date:8/27/2014)... Research and Markets  has announced the addition of ... report to their offering. The Global ... in-depth study on the current state of the global ... basic overview of the industry including definitions, classifications, applications ... is provided for the international markets including development trends, ...
Breaking Medicine Technology:DelMar Pharmaceuticals To Present At The 16th Annual Rodman & Renshaw Global Investment Conference 2DelMar Pharmaceuticals To Present At The 16th Annual Rodman & Renshaw Global Investment Conference 3DelMar Pharmaceuticals To Present At The 16th Annual Rodman & Renshaw Global Investment Conference 4LEARN to Treat Peripheral Arterial Disease Patients 2LEARN to Treat Peripheral Arterial Disease Patients 3Global Pulse Oximeter Industry Report 2014 2
... Calif., March 14, 2011 Varian Medical Systems (NYSE: ... for second quarter of fiscal year 2011 following the close ... release will be followed by a teleconference available to all ... a link to the conference call webcast will be available ...
... -- China Botanic Pharmaceutical Inc. (AMEX: CBP ... and distributor of botanical products, bio-pharmaceuticals and traditional Chinese ... conference call at 9:00 a.m. Eastern Daylight Time on ... the first quarter of fiscal year 2011 ended January ...
Cached Medicine Technology:Varian Medical Systems Schedules Second Quarter FY2011 News Release and Conference Call 2China Botanic Schedules Conference Call to Discuss FY 2011 First Quarter Results 2
(Date:8/27/2014)... Lee Antimicrobial Solutions LLC (“LAMS”), the ... and a Leader in Environmental Disinfection Device Design, ... device developed for home use available for the ... DHP Technology, a revolutionary means to disinfect your ... bacteria, viruses, microbes and offensive odors. A technology ...
(Date:8/27/2014)... Connor Sports has produced six custom hardwood ... Spain at the Barcelona, Bilbao, Gran Canaria, Granada, Madrid and ... Centre Partner since 1994 and Official Technical Supplier of FIBA ... the Connor Sports logo and tagline “Where Champions Play” and ... broadcasts of the FIBA World Cup. , “Connor Sports is ...
(Date:8/27/2014)... Power morcellator lawsuits ( http://www.gynecaremorcellatorlawsuit.com/ ) ... of women who allegedly experienced the spread of dangerous ... According to court documents, one of the most recent ... District Court, Northern District of New York, on behalf ... a power morcellator manufactured Karl Storz Endoscopy - America ...
(Date:8/27/2014)... August 27, 2014 China’s regulatory ... period of dramatic changes. The country’s new leaders ... administration of medical equipment are far from being ... the past 30 years. Chinese state council issued ... of Medical Devices” to try to completely change ...
(Date:8/27/2014)... TX (PRWEB) August 27, 2014 Picture, if ... not Holmes and Watson but more of a Mr. Inside, ... Davis, in terms of personalities and world view. This Mr. ... University of Texas at Austin, and Mr. Outside was an ... family physician, his new girlfriend, and a gaggle of teenagers ...
Breaking Medicine News(10 mins):Health News:A New York Based Company Announces The Release Of An Advanced, Environmentally Friendly Disinfection Technology For In-Home Use 2Health News:A New York Based Company Announces The Release Of An Advanced, Environmentally Friendly Disinfection Technology For In-Home Use 3Health News:Connor Sports® Provides Six Custom Courts for 2014 FIBA World Cup - Time-Lapse Video of FIBA Courts Production Released 2Health News:Connor Sports® Provides Six Custom Courts for 2014 FIBA World Cup - Time-Lapse Video of FIBA Courts Production Released 3Health News:Power Morcellator Lawsuit Alleges Storz Morcellator Caused Spread of Aggressive Uterine Cancer, Bernstein Liebhard LLP Reports 2Health News:Power Morcellator Lawsuit Alleges Storz Morcellator Caused Spread of Aggressive Uterine Cancer, Bernstein Liebhard LLP Reports 3Health News:Power Morcellator Lawsuit Alleges Storz Morcellator Caused Spread of Aggressive Uterine Cancer, Bernstein Liebhard LLP Reports 4Health News:Chinese Regulations for Imported Medical Device Registration Discussed by Access China in New Research Report Published at MarketPublishers.com 2Health News:Chinese Regulations for Imported Medical Device Registration Discussed by Access China in New Research Report Published at MarketPublishers.com 3Health News:UW Rankin Self-Publishes Debut Novel, Sublimity: Perchance to Dream, A Speculative Science Mystery 2
... on Capitol Hill Once Negative Impact on,Local Seniors Becomes ... In thanking U.S.,Senators Kent Conrad (D-ND), Norm Coleman (R-MN) ... Moore Capito (R-WV) for leading a,new bipartisan effort in ... regulatory means $770 million in seniors, Medicare Part A ...
... 5 Hill-Rom (NYSE: HRC ),has received ... the,TotalCare(R) Bariatric Plus therapy system. The award recognizes ... the second year in a row,that a Hill-Rom(R) ... The TotalCare Bariatric Plus therapy system is an ...
... update, including fourth-quarter fiscal 2008 ... ... Meredith Corporation,(NYSE: MDP ), one of America,s leading media ... healthcare,marketing communications firm. Additionally, the company provided a,business update, and announced ...
... makes people more likely to reject unfair offer, study shows ... brain chemical known as serotonin govern the way people react ... a new study indicates. , Serotonin, which carries messages between ... that the expression of anger in women was affected by ...
... Duke University chemist has apparently solved a long-standing frustration in ... lead to better drugs with fewer side effects. , Like ... two shapes, right and left. But usually only one of ... at best useless and sometimes even harmful. For example, side ...
... months after completing high school are significantly less likely ... do not go to college, according to the first ... of Washington study, published in this month,s issue of ... behavior of teens living at home and those who ...
Cached Medicine News:Health News:Front Line Caregiver Coalition Thanks Sens. Conrad, Coleman and Reps. Pomeroy, Capito and Berkley for Leading Bipartisan Hill Effort to Stop Bush Administration's Damaging Medicare Cuts 2Health News:Hill-Rom Innovative TotalCare(R) Bariatric Plus Therapy System Receives Gold Medical Device Excellence Award 2Health News:Hill-Rom Innovative TotalCare(R) Bariatric Plus Therapy System Receives Gold Medical Device Excellence Award 3Health News:Meredith Expands Integrated Marketing Capabilities by Acquiring Top Healthcare Marketing Communications Firm 2Health News:Meredith Expands Integrated Marketing Capabilities by Acquiring Top Healthcare Marketing Communications Firm 3Health News:Meredith Expands Integrated Marketing Capabilities by Acquiring Top Healthcare Marketing Communications Firm 4Health News:Meredith Expands Integrated Marketing Capabilities by Acquiring Top Healthcare Marketing Communications Firm 5Health News:Serotonin Levels Determine Sense of Fairness 2Health News:Duke chemist has new way to tell right from left 2Health News:Teenagers attending college less likely to engage in risky sexual behavior 2Health News:Teenagers attending college less likely to engage in risky sexual behavior 3
... The CritSpin whisper quiet, compact system ... clinic anywhere fast, accurate and cost effective ... Digital Reader, the CritSpin System offers a ... spin, complete cell packing - Meets NCCLS ...
... light over one smooth pulse duration, rather ... damage skin) that other technologies use. Palomar's ... water supply through the StarLux handpiece, down ... to as low as 4 degrees C. ...
Used to provide drainage of urine from the bladder. All-silicone construction provides maximum softness and biocompatibility for enhanced patient comfort. Supplied sterile in peel-open packages. Inte...
Used for stenting the urethra during hypospadias or epispadias repair and to promote postoperative drainage of the bladder. Supplied sterile in peel-open packages. Intended for one-time use....
Medicine Products: