NEW YORK (GenomeWeb News) - Biacore today said that despite a 21-percent jump in sales for the second quarter, profits dropped 80 percent as as a tax credit inaffected Q2 2005 earnings, and costs in the current period increased.
For the quarter ended June 30, sales rose 21 percent to SEK 162 million ($22.1 million) from SEK 133 million a year ago. Sales in Europe and US rose 33 percent and 48 percent, respectively, but Asia-Pacific sales declined by 50 percent.

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