MRI contrast agent developer Advanced Magnetics reported fiscal first-quarter 2003 revenues of $1.55 million, up 3% compared with the $1.5 million posted for the same period in 2002. For the quarter (end-December 31), the Cambridge, MA-based firm had a net loss of $366,000, compared with a net profit of $376,000 for the first quarter of fiscal 2002.
By AuntMinnie.com staff writersJanuary 16, 2003
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