Early Earnings Season: Medical Devices Flat; Biopharmas Higher
publication date: Nov 13, 2009
Earnings season has now arrived, and China life science companies are reporting financial results from their most recent quarters. Although Mindray Medical, the medical device maker, announced a flat quarter, four small biopharmas had the pleasure of telling investors that revenues and profits are back on a significant upswing. All China life science companies may not follow this pattern, but it is a refreshing change to read earnings reports that do not have to mention the unsettled conditions caused by a worldwide financial crisis. More details...
Stock Symbols: (NYSE: MR)
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