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Custom manufacturing revenues drop.
July 22, 2010
By: Tim Wright
Editor-in-Chief, Contract Pharma
Lonza 2Q10 YTD Revenues: $1.2 billion (+9%) YTD Earnings: $125 million (+19%) Comments: Revenues at the Custom Manufacturing unit fell 3% to $609 million due to low utilization in two facilities. Biological manufacturing increased utilization, with several new products coming online, but the company did not provide breakouts of that business....
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