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Financial Report: Neuland Laboratories Ltd.

Revenues increased 14.5%, posted profit in the quarter

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Neuland Laboratories FY 1Q12

1Q Revenues: $23.2 million (+15%)

1Q Earnings: $0.2 million (loss of $1.1 million 1Q FY11)

Comments: Growth in the quarter was driven by the company’s products and services from its API, contract research, manufacturing, and peptides synthesis businesses.

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