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Velan Reports Third Quarter 2014/15 Financial Results

Tuesday, January 20, 2015  
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Lower margins and higher administration costs for Velan Inc. resulted in a drop in year-over-year net profit in its most recent quarter. Net earnings amounted to $4.8 million or 22 cents per share in the three months ended Nov. 30, down from $8.3 million or 38 cents in the comparable year-earlier period, the company announced. More...

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