ABI Blames ‘Down’ Pharma Market for 9.8-Percent Dip in Fiscal Q1 MS Revenue | GenomeWeb
Applied Biosystems, just off its most significant mass-spectrometry introductions in years, this week announced mass spec revenues dipped 9.8 percent during its fiscal first quarter of 2009 on sluggish sales to pharma companies.
Mass-spec revenues for the three months ended Sept. 30 dropped to $109.2 million from $121.1 million. Sales of the instruments represented 21 percent of the company’s total revenues during the quarter, down from 24 percent of total receipts a year ago.

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