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Asterand reports first profitable year

This article was originally published in Scrip

Executive Summary

Asterand posted its first full profitable year in 2008, earning £3.9 million compared with a £1.9 million loss in 2007. The company, which supplies human tissue and related research services to the pharmaceutical industry, had an impressive year, ending 2008 with strong results and a 91% increase in its share price.

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