Advanced Magnetics revenues drop sharply in Q2

MRI contrast developer Advanced Magnetics reported revenues of $695,000, down 69.8% from the $2.3 million reported after last year's second quarter. For the period (end-March 31), the Cambridge, MA-based firm had a net loss of $1 million, compared with a net loss of $794,000 for the same period in 1999.

By AuntMinnie.com staff writers
April 21, 2000

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