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ABII » Topics » Other Income

This excerpt taken from the ABII 10-Q filed Dec 20, 2007.

Other Income

Drug Source Company, LLC is 50% owned by us and is a selling agent of raw material to the pharmaceutical industry. Our investment in Drug Source Company is intended to both generate a return on our investment and to strengthen our strategic sourcing capabilities over time. Because our 50% ownership interest in Drug Source Company does not provide financial or operational control of Drug Source Company, we account for our interest in Drug Source Company under the equity method. Our equity income in Drug Source Company for the three months ended September 30, 2007 was $1.0 million compared to $1.5 million for the comparable period of 2006.

"Other Income" elsewhere:

Adherex Technologies (ADH)
Caraco Pharmaceutical Laboratories (CPD)
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