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Ventrex Laboratories Inc

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BUSINESS
March 21, 1991 | LESLIE BERKMAN, TIMES STAFF WRITER
Hycor Biomedical Inc., a developer and manufacturer of medical diagnostic products, said Wednesday that it is negotiating the purchase of a similar company in Portland, Me., that would more than double its annual sales from $10.6 million to $25.5 million. Hycor said it has agreed in principle to acquire Ventrex Laboratories Inc. for 2.4 million shares of its stock, worth about $12 million, and warrants to purchase an additional 500,000 Hycor common shares.
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BUSINESS
August 7, 1991
Schneider's column was the blind man feeling the elephant's leg. The race theme is only one aspect of Republican strength in past presidential elections, only one area which the Democrats might attack in 1992, and likely not one of the more rewarding areas at that. The selling of a candidate is just that--a marketing job. Find a need and fill it, and start by taking inventory of the electorate's needs.
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BUSINESS
August 7, 1991
Schneider's column was the blind man feeling the elephant's leg. The race theme is only one aspect of Republican strength in past presidential elections, only one area which the Democrats might attack in 1992, and likely not one of the more rewarding areas at that. The selling of a candidate is just that--a marketing job. Find a need and fill it, and start by taking inventory of the electorate's needs.
BUSINESS
March 21, 1991 | LESLIE BERKMAN, TIMES STAFF WRITER
Hycor Biomedical Inc., a developer and manufacturer of medical diagnostic products, said Wednesday that it is negotiating the purchase of a similar company in Portland, Me., that would more than double its annual sales from $10.6 million to $25.5 million. Hycor said it has agreed in principle to acquire Ventrex Laboratories Inc. for 2.4 million shares of its stock, worth about $12 million, and warrants to purchase an additional 500,000 Hycor common shares.
BUSINESS
April 23, 1992
Garden Grove-based Hycor Biomedical Inc., a manufacturer of medical and diagnostic products, reported that net income for the first quarter jumped to $797,000, equal to 9 cents per share, from $260,000, or 4 cents per share, for the same period last year. Sales more than doubled, to $6.9 million from $2.8 million. The increase was attributed to the continued growth of its core business and to the addition of Ventrex Laboratories Inc., acquired in August, 1991.
BUSINESS
July 22, 1992
Hycor Biomedical Inc., the Garden Grove manufacturer of medical and diagnostic products, said its profits more than tripled in the second quarter to $788,000, or 9 cents per share. That compares to net income of $219,000, or 4 cents a share, in the same period a year earlier. Sales in the latest three months rose 139% to $6.8 million, from $2.9 million. For the first half of the year, Hycor posted a $1.6-million profit, compared to $479,000 in 1991. Sales more than doubled, to $13.
BUSINESS
October 20, 1992 | CHRIS WOODYARD, TIMES STAFF WRITER
Pacific Scientific Co., which makes electrical and aircraft safety equipment, reported Monday that its third-quarter earnings fell 75%. The decrease was because of the sale in the third quarter last year of the company's Belfab Division, which makes bellows for aerospace use. When the two quarters are compared without the onetime, $8.8-million gain from that sale, earnings would have showed an increase of 575%, Chairman Edgar S. Brower said.
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