MDS Sciex Says Q4 Organic Revenues Inched Up 1 Percent

Dec 14, 2006

NEW YORK (GenomeWeb News) — MDS today reported that fourth-quarter revenue for its Sciex division declined 5.5 percent to $69 million from $73 million year over year.

The company blamed the decline on currency effects but said organic revenues were up 1 percent.

MDS said Sciex’s organic increases came from growth in the small-molecule business and high-end triple quad and trap products, and from growth in India and China.

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