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Revenues up 29% in the quarter
August 14, 2012
By: Tim Wright
Editor-in-Chief, Contract Pharma
WuXi PharmaTech 2Q Revenues: $130.4 million (+29%) 2Q Earnings: $20.5 million (+10%) YTD Revenues: $248.4 million (+28%) YTD Earnings: $41.5 million (+12%) Comments: Laboratory Services revenues grew 25% in the quarter to $93.6 million. China-Based Lab Services revenue was up 27% to $70.3 million. U.S.-Based Lab Services revenue was up 18% to $23.3 million. Manufacturing Services revenue grew 41% to $36.8 million.
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