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Sanochemia Stays in the Red
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Despite improvements in its financial data, the Austrian pharmaceutical company Sanochemia does not succeed in eliminating its losses

Sanochemia Pharmaceuticals AG announced today the final figures for the financial year 2009/10. The group achieved sales amounting to € 27.1m, which turned out somewhat lower due to the abandoning of low-margin sales (2009: € 29.53bn), but the profits in this financial year were well above the previous one.
The EBITDA at € 2.66m is well above the previous year's result…
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