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Revenues climb 26% in the quarter
May 11, 2012
By: Tim Wright
Editor-in-Chief, Contract Pharma
WuXi PharmaTech 1Q Revenues: $118.0 million (+26%) 1Q Earnings: $21.0 million (+15%) Comments: Manufacturing services revenue grew 35% to $31.4 million. Laboratory Services revenue grew 23% to $86.6 million, with China-based lab services up 26% to $64.5 million and U.S.-based lab services up 16% to $22.2 million.
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