Fewer medical centers ordering its Proxcelan seeds led to a dip in sales revenue for medical isotope developer IsoRay in its 2009 fiscal second quarter (end-December 31, 2008).
The Richland, WA-based medical isotope developer posted revenue of $1.3 million, down 25% from the $1.7 million reported in the second quarter of fiscal 2008. The company was able to reduce its net loss, however, improving from last year's second quarter loss of $2.8 million to a loss of $1.6 million in the 2009 fiscal second quarter.
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