NEW YORK (GenomeWeb News) — Bio-Rad Laboratories today said second-quarter revenues increased 7 percent as R&D spending rose 13 percent and profit tumbled 20 percent.

 

Total receipts for the three months ended June 30 increased to $339.1 million from $317.7 million year over year. On a currency-neutral basis, revenues increased 3 percent compared to the second quarter of 2006.