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Biotech Financial Reports

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CYSTIC FIBROSIS FOUNDATION AWARDS $21 MILLION TO VERTEX.
Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) has expanded its drug discovery and development collaboration with Cystic Fibrosis Foundation Therapeutics, Inc. (CFFT), the nonprofit drug . . .

ELBIT REPORTS FIRST QTR 2004 REVENUES INCREASED 36%.(finance)
Elbit Medical Imaging Ltd. (NASDAQ:EMITF) ("EMI" or the "company"), Tel Aviv, Isrel, has announced its consolidated results for the quarter ended March 31, 2004. Net profit for the first quarter . . .

AVAX REPORTS REVENUE INCREASES 52% OVER PRIOR YEAR.(finance)
AVAX Technologies, Inc. (BULLETIN BOARD: AVXT), Philadelphia, has announced financial results for the first quarter ended March 31, 2004. Net loss decreased for the three-month period ended March . . .

MEDIMMUNE TO ACHIEVE $2 BILLION IN REVENUES BY '09.(goals)(Brief Article)
At its annual meeting of shareholders held in Gaithersburg, Maryland, MedImmune, Inc. (NASDAQ:MEDI) provided an update on its corporate progress to its investors, and reiterated its 2004 . . .

INYX REPORTS FIRST QTR '04 NET LOSS OF $1.9 MILLION.(financial results)
Inyx, Inc., New York, (BULLETIN BOARD: IYXI) , an emerging specialty pharmaceutical company with a focus on niche aerosol drug delivery technologies and products, has announced that it had filed . . .

SYMYX REPORTS FIRST QTR 2004 REVENUE OF $19.5 MILLION.(Brief Article)
Symyx Technologies, Inc. (Nasdaq:SMMX), Santa Clara, Calif., has reported financial results for the first quarter ended March 31, 2004. Revenue for the quarter was $19.5 million compared with . . .

ORPHAN MEDICAL REPORTS $5.4 MILLION REVENUE FOR FIRST QTR 2004.(Brief Article)
Orphan Medical, Inc. (Nasdaq:ORPH), Minneapolis, has announced results for the first quarter ended March 31, 2004. Revenue for the quarter was $5.4 million, which includes $1 million of . . .

BOSTON SCIENTIFIC FIRST QTR 2004 NET INCOME INCREASES 100%.
Boston Scientific Corporation (NYSE:BSX), Natick, Mass., has announced financial results for its first quarter ended March 31, 2004, as well as preliminary information related to U.S. sales of . . .

SEROLOGICALS FIRST QTR 2004 REVENUES UP 66%.
Serologicals Corporation, Atlanta, (NASDAQ:SERO) has announced financial results for the first quarter 2004. "The first quarter of 2004 was marked by several significant accomplishments which . . .

VERIDIEN PROJECTS FIRST QTR 2004 PROFIT.(Veridien Corp. )
Veridien Corporation (OTCBB:VRDE), St Petersburg, Fla., projects positive quarterly EBITDA and profitability in the first quarter, 2004. The company continues to work diligently to do the . . .

$40-50 MILLION IN CUBICIN SALES PROJECTED FOR 2004.(Cubist Pharmaceuticals Inc.)
Cubist Pharmaceuticals, Inc. (Nasdaq: CBST) has provided updated information on the launch of its flagship product, Cubicin (daptomycin for injection). CUBICIN was launched in November 2003 in the . . .

MEDMIRA REPORTS 2ND QTR NET LOSS OF $996 THOUSAND.
MedMira Inc., (TSX Venture: MIR), Halifax, Nova Scotia, has announced its financial results for the three-month period ending January 31, 2004. Unit sales were up 2% over the previous quarter, . . .

HAEMACURE REPORTS $1.06 MILLION NET CONSOLIDATED LOSS.
For the first quarter ended January 31, 2004, Haemacure Corporation (TSX:HAE), Montreal, recorded sales of $1.22 million, compared with $5.34 million for the first quarter of fiscal 2003. This . . .

MEDIMMUNE PLANS TO ACHIEVE $2 BILLION IN REVENUES BY 2009.(financial plans)
MedImmune, Inc. (NASDAQ:MEDI), Gaithersburg, Md., expects to achieve $2 billion in total revenues by 2009, driven by investments in its pipeline and the continued growth of its currently . . .

NORTH AMERICAN SCIENTIFIC 1ST QTR NET SALES DECREASE 35%.
North American Scientific, Inc. (NASDAQ: NASI), Chatsworth, Calif., has announced financial results for its first quarter ended January 31, 2004. For the first quarter ended January 31, 2004, the . . .

MONSANTO'S SEEDS/TRAITS EXPECTED TO DRIVE MID-TERM GROWTH.(Monsanto Co. Agricultural Group)
Significant growth in Monsanto's seeds and traits business is expected to drive the company's mid-term growth, according to Hugh Grant, chairman, president and chief executive officer. . . .

APPLIED BIOSYSTEMS REPORTS 2ND QTR FISCAL 2004 EPS OF 25 CENTS.(Revenue data)
Applied Biosystems Group (NYSE:ABI), Foster City, Calif., an Applera Corporation business, has reported that earnings per share were $0.25 for the second quarter of fiscal 2004, compared to $0.14 . . .

AGILENT EXPECTS TO EXCEED GUIDANCE FOR 1ST QTR RESULTS.(Brief Article)
Agilent Technologies Inc. (NYSE:A), Palo Alto. Calif. expects its results for the first fiscal quarter, ending Jan. 31, 2004, to be above the guidance provided in early December. First quarter . . .

MEDICIS REPORTS 2ND QTR FISCAL 2004 NET REVENUES OF $70.6 MIL.
Medicis (NYSE:MRX), Scottsdale, Ariz., has announced second quarter fiscal 2004 net revenues of $70.6 million with "if- converted" net income of $16.0 million, or $0.25 per diluted share, absent a . . .

2003 BIOTECH'S 2ND BEST YEAR AND 2004 LOOKS BETTER.
"Rising like a phoenix from the ashes, the biotech industry re-emerged in 2003 recovering from the massive devaluation that took place during the last three years," said G. Steven Burrill, CEO . . .

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