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Manufacturing revenues up 184%
November 11, 2011
By: Tim Wright
Editor-in-Chief, Contract Pharma
WuXi PharmaTech 3Q11 3Q Revenues: $104.0 million (+24%) 3Q Earnings: $20.6 million (-53%) YTD Revenues: $298.6 million (+22%) YTD Earnings: $57.5 million (-22%) Comments: Manufacturing services revenues grew 184% in the quarter to $20.1 million, driven by large-scale commercial manufacturing and demand for clinical-trial materials. Laboratory services revenues grew 9% to $83.9 million, and China-based laboratory services increased 11% to $63.2 million, driven by strong growth in medicinal ...
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