IBA posts mixed results for 2007

AuntMinnie.com staff writers

Mar 6, 2008

Belgian radiopharmaceutical firm Ion Beam Applications (IBA) of Louvain-la-Neuve posted strong revenue increases but also a decline in profit in 2007.

IBA enjoyed sales growth of 25%, from 170.2 million euros ($261.5 million U.S.) in 2006 to 213.8 million euros ($328.5 million) in 2007. But income for the period was down 53%, from 30 million euros ($46 million) in 2006 to 13.9 million euros ($21.3 million) in 2007.

Related Reading

IBA inks French particle-beam therapy deal, February 7, 2008

IBA finalizes proton therapy deal, December 21, 2007

FDA OKs Compass dosimetry device, December 18, 2007

IBA sells cyclotron to Saudi Arabia, December 4, 2007

IBA, PETLinQ acquire SourceMedical's radiology division, November 26, 2007

Copyright © 2008 AuntMinnie.com

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