BioSyent Releases Financial Results for First Quarter 2026


“We are pleased to have closed the acquisition of Oral Science during the first quarter with an immediate contribution of revenue and profit from the Oral Health business recognized in the month of March,” commented Mr. René Goehrum, President and CEO of BioSyent. “In our existing Pharmaceutical business, Canadian sales grew by 9%, driven by our FeraMAX® and Tibella® brands. Internationally, we continued to ship FeraMAX® to customers in the Middle East in spite of geopolitical turmoil in the region. We also continued to make ongoing shipments of Tibelia® to international customers, though sales declined versus Q1 2025 during which a significant backlog of customer orders were delivered following our acquisition of this business late in 2024. With ongoing conflict in the Middle East and growing trade protectionism, there is much uncertainty in the business environment. Nonetheless, we are well-positioned to weather this current uncertainty and to maximize opportunities for continued growth with the addition of our Oral Health business and a more diversified product portfolio, customer base and market. I look forward to reporting on our progress during 2026 as we remain focused on our strategic priorities of profitable growth, portfolio diversification and long-term value creation for our shareholders.”



Source link

  • Related Posts

    CIA Director Ratcliffe meets with Cuban officials in Havana

    CIA Director John Ratcliffe met with Cuban officials in Havana on Thursday, according to a CIA official and a statement from the Cuban government. Subscribe to read this story ad-free…

    Madison Pacific Properties Inc. announces the results for the three months ended March 31, 2026

    For the three months ended March 31, 2026, the Company is reporting a net income of $11.3 million (three months ended March 31, 2025: $6.2 million); cash flows generated from operating…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Trump China visit live: Rubio hoping for ‘positive response’ to appeal for release of Hong Kong activist Jimmy Lai | China

    Trump China visit live: Rubio hoping for ‘positive response’ to appeal for release of Hong Kong activist Jimmy Lai | China

    Planning Without a Helmet: Lessons from Motorcycles, War, and Life

    Planning Without a Helmet: Lessons from Motorcycles, War, and Life

    Microsoft Copilot Can Collect Data From Your Edge Browser Tabs to Get to Know You

    Microsoft Copilot Can Collect Data From Your Edge Browser Tabs to Get to Know You

    Nintendo Switch Online adds five more Classics for May

    Nintendo Switch Online adds five more Classics for May

    Ontario school board trustees spent $175K to remove Sir John A. Macdonald’s name from school

    Amy Madigan, Steve Buscemi and More Join ‘X-Files’ Reboot

    Amy Madigan, Steve Buscemi and More Join ‘X-Files’ Reboot