Qiagen Posts 18 Percent Q1 Revenue Growth
 
Qiagen this week said first-quarter revenue rose 18 percent as R&D spending increased 13 percent and net income was up 13 percent.
 
Total revenue for the three months ended March 31, 2007, rose to $127.9 million from $108.7 million year over year.
 
Qiagen said that the strong sales were fuelled in part by an 11 percent increase in organic growth and a 2 percent contribution from acquisitions.
 

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