pSivida shares gain on Q2 earnings

Shares in pSivida (NSDQ:PSDV) rose yesterday after the medical device maker met expectations on Wall Street with its fiscal 2nd quarter results.

The Watertown, Mass.-based company pared its losses to -$0.1 million, or 0¢ per share, on sales of $6 million for the 3 months ended Dec. 31, for bottom-line growth of 98.7% on sales growth of 1035% compared with the same period last year.

Get the full story at our sister site, Drug Delivery Business News.

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