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Breaking News, Financial News

Lonza

Custom manufacturing revenues drop.

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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