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Fisher, Evotec

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Fisher's Q3 Revenues Grow 13 Percent as Profit More Than Doubles

Fisher Scientific last week reported a 13-percent increase in revenues, and more than doubled its net income for the three months ended Sept. 30.

Fisher's revenues for the third quarter rose to $1.4 billion from $1.26 billion in the same period a year ago.

Net income also surged to $94 million, or $0.77 per basic share, from $36 milllion, or $0.36 per basic share in the year-ago period.

Fisher Scientific had approximately $189.2 million in cash and cash investments as of Sept. 30.

The company did not report R&D expenditures for the quarter.

In September, Fisher acquired HCS shop Cellomics for $49 million (see CBA News, 9/12/2005).


Evotec Tech Sees Losses Increase by
43 Percent amid 54-Percent Revenue Growth

Evotec Technologies, the technology division of Evotec OAI, last week reported a 54-percent growth in third-party revenue, but saw its net losses increase by 43 percent for the third quarter ended Sept. 30.

Evotec Tech's third-party revenues for Q3 rose to €3.96 million ($4.64 million), from €2.58 million in the year-ago period.

The division posted a net loss of €1.95 million in Q3, compared to €1.37 million in Q3 2004. The Tech division spent €1.5 million on R&D in Q3, on par with the amount it spent in the same quarter last year.

Evotec Tech is a subsidiary of German drug-discovery firm Evotec OAI, and counts the Opera confocal plate reader and EVOScreen integrated high-throughput screening platform among its offerings.

The Scan

Support for Moderna Booster

An FDA advisory committee supports authorizing a booster for Moderna's SARS-CoV-2 vaccine, CNN reports.

Testing at UK Lab Suspended

SARS-CoV-2 testing at a UK lab has been suspended following a number of false negative results.

J&J CSO to Step Down

The Wall Street Journal reports that Paul Stoffels will be stepping down as chief scientific officer at Johnson & Johnson by the end of the year.

Science Papers Present Proteo-Genomic Map of Human Health, Brain Tumor Target, Tool to Infer CNVs

In Science this week: gene-protein-disease map, epigenomic and transcriptomic approach highlights potential therapeutic target for gliomas, and more