IsoRay's 2009 results dip

Medical isotope developer IsoRay Medical of Richland, WA, saw a dip in revenue for its fiscal 2009 results, which the company attributed to challenges in the global market.

For the period (end-June 30), revenue decreased 24% to $5.4 million, compared with $7.1 million in fiscal 2008. The net loss for fiscal 2009 decreased 28% to $6.2 million, compared with a net loss of $8.5 million in the previous fiscal year, IsoRay said.

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