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Biotech / Medical : MedImmune -- Ignore unavailable to you. Want to Upgrade?


To: BossMan who wrote (111)4/22/1998 7:18:00 PM
From: James Mortensen  Read Replies (1) | Respond to of 416
 
$0.44 profit vs. $0.23 estimated. After hrs. trading was up over $58.

GAITHERSBURG, Md., April 22 /PRNewswire/ -- MedImmune, Inc. (Nasdaq: MEDI - news) today reported net income for the quarter ended March 31, 1998 of $13.2 million or $0.44 per share on a diluted basis compared to a net loss of $14.3 million or $0.65 per share on a diluted basis for the same period in 1997. Total revenues for the quarter increased nearly six-fold to $59.3 million from $10.1 million in first quarter 1997. In first quarter 1998, sales of RespiGam(R) (Respiratory
Syncytial Virus Immune Globulin Intravenous (Human)) increased more than six-fold to $32.1 million from $5.2 million in first quarter 1997 and sales of CytoGam(R) (Cytomegalovirus Immune Globulin Intravenous (Human)) in the quarter more than doubled to $10.8 million from $5.0 million in first quarter 1997.

Regards,
Jim