KS Biomedix reports year-end results
l KS Biomedix has announced preliminary results for the year ended May31, 2001, showing a loss of L2.2 million ($3.2 million) and cash resources of L17.1 million. The company's financial position was strengthened by the L16.3 million equity fund-raising which accompanied the acquisitions of Avicenna (Marketletter June 25) and HASI.
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