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Velan Inc. Reports its First Quarter 2015/16 Financial Results

Tuesday, July 14, 2015  
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Velan Inc. recently announced financial results for its first quarter ended May 31, 2015. Net earnings amounted to $3.1 million or $0.14 per share compared to $4.0 million or $0.18 per share last year. The $0.9 million decrease in net earnings is primarily attributable to a lower gross profit percentage partially offset by decreased administration costs. More...

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