Contrast injector technology firm Medrad said it recorded revenues of $411 million in 2005, up 20% from 2004.
The Indianola, PA-based firm, which is a unit of contrast maker Schering of Berlin, did not release profitability figures. Medrad said that 2005 business highlights included strong growth of its CT products, recruitment for 130 new positions, and plans to build a new corporate center facility.
By AuntMinnie.com staff writers
March 2, 2006
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