SDIX reports loss, partnership with drug company

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 SDIX, a Glasgow, Del. provider of biotechnology-based products and services reported a loss for the quarter and a partnership with a drug company. Revenue for the first quarter of 2012 was $5.6 million, down  from $6.6 million for the same period in 2011.

Net loss for the first quarter of 2012 was $1.2 million, compared to a net loss of $658,000 for the same period in 2011. Net loss for the first quarter of 2011 included income from discontinued operations of $388,000.

The company also announced that it has established a collaborative relationship with a top 10 pharmaceutical company. Click on the link below for the full report.

 SDIX Reports First Quarter 2012 Results and First Advanced Genomic Antibody Technology Partnership with a Major Pharmaceutical Company.

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