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Financial Report: Patheon 4Q10

Commercial manufacturing revenues were flat at $144.8 million in the quarter.

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Patheon 4Q10

4Q Revenues: $177.7 million (+1%)

4Q Loss: $1.8 million (loss of $4.6 million YTD09)

YTD Revenues: $671.2 million (+3%)

YTD Loss: $5.0 million (loss of $6.8 million YTD09)

Comments: Commercial manufacturing revenues were flat at $144.8 million in the quarter. North American commercial revenues decreased $5.0 million (-7%), while European commercial revenues increased $5.6 million (+8%). Pharmaceutical Development Services revenues for the quarter were up 3% to $32.9 million.

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