IsoRay Q1 sales dip by 4%

AuntMinnie.com staff writers
Nov 15, 2010

Product sales decreased slightly for medical isotope developer IsoRay Medical of Richland, WA, in the company's first quarter of its 2011 fiscal year (end-September 30).

Product sales slipped by 4% to $1.3 million, compared with $1.4 million in the first quarter of fiscal 2010. The company also reduced its net loss by 3% to $868,000, compared with a net loss of $895,214 in the same quarter a year ago.

IsoRay's cesium-131 brachytherapy seeds generated 93% of the company's sales. The remaining 7% of revenue came from sales for the treatment of lung, head and neck, ocular, and colon cancer.

Related Reading

IsoRay receives QTDP grant, November 8, 2010

IsoRay wraps up feasibility study, October 27, 2010

IsoRay reports NSCLC multicenter study, October 13, 2010

IsoRay revenue dips in FY10, September 28, 2010

IsoRay to distribute Hologic's GliaSite, June 23, 2010

Copyright © 2010 AuntMinnie.com

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