North American Scientific Posts Quarterly Loss
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North American Scientific Inc. of Chatsworth reported a net loss for the first quarter ended Jan. 31 of $237,000, contrasted with net income of $1.2 million for the year-earlier quarter. Net sales increased to $4.3 million, compared with $4 million. The company attributed the loss to development costs for a new imaging agent now in clinical trials.
North American Scientific designs, develops and produces radioisotopic products principally for the treatment and diagnosis of disease.
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