NEW YORK (GenomeWeb News) – MDS today reported that its first-quarter revenues fell 13 percent year over year, with its MDS Analytical Technologies segment posting a 27 percent decline in revenues for the quarter.

The Toronto-based firm brought in total revenues of $257 million for the three-month period ended Jan. 31. It said that excluding the impact of foreign exchange, acquisitions, and divestitures, its revenues were down 1 percent year over year.

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