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Sales in the quarter were up 1% excluding the impact of foreign exchange. Sales of controlled substances increased due to higher demand, offset by decreases due to delays in certain custom development projects, lower sales of generic APIs, and lower contr
February 12, 2009
By: Tim Wright
Editor-in-Chief, Contract Pharma
Cambrex Corp. 4Q Revenues: $65.2 million (-7%) 4Q Loss: $697,000 (earnings were $265,000 4Q07) FY Revenues: $249.6 million (-1%) FY Earnings: $8.2 million (earnings were $209.2 million FY07) Comments: Sales in the quarter were up 1% excluding the impact of foreign exchange. Sales of controlled substances increased due to higher demand, offset by decreases due to delays in certain custom development projects, lower sales of generic APIs, and lower contractual pricing of a gastro-in...
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