Sponsored by
Prostrakan reduces its losses
PROSTRAKAN, the Scottish pharmaceutical firm, said the first half of this year has been one of the most active and successful periods in its history.
The Borders firm has seen revenues rise by 26 per cent to 26.4 million, while gross profits increased by 16 per cent to 16m.
Though it still made an operating loss, it managed to cut its deficit by 13 per cent to 7.6m.
The improved performance was helped by strong growth of its leading products; Tostran, Rectogesic, Adcal D3 and Xomolix.
Dr Wilson Totten, chief executive of the Galashiels-based firm, said: "The first half of 2008 has seen one of the most active and successful periods in ProStrakan's history as we continued to roll out our growth strategy.
"It is tangible evidence of our strategic progress."
Email to a friend
Print this page- Rangers takeover: Duff & Phelps threaten legal action against BBC
- Family mourn death of Glasgow ‘fight’ schoolboy
- Today’s youth not fit to be employed, says car firm Arnold Clark
- Rangers administration: Fans fear Duff & Phelps claims could scare off Green
- Rangers takeover: triple penalty punishment enough, says Johnston
- Alistair Darling leads ‘No to independence’ fight over tea and biscuits
- Scottish independence: SNP flip-flops over Nato
- Scottish Independence: SNP ‘won’t be Yes campaign’s only voice’
- Today’s youth not fit to be employed, says car firm Arnold Clark
- Scottish independence: ‘People here are best qualified to run Scotland’
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Edinburgh
Saturday 26 May 2012
Today
Sunny
Temperature: 8 C to 20 C
Wind Speed: 16 mph
Wind direction: North east
Tomorrow
Sunny
Temperature: 11 C to 21 C
Wind Speed: 10 mph
Wind direction: North east
