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This excerpt taken from the DYAX 10-K filed Mar 3, 2006. Inventories: Inventories
were stated at the lower of cost or market. Cost is determined using the
first-in, first-out (FIFO) method. Inventories are reviewed for slow moving,
obsolete and excess items on a quarterly basis and, if necessary, a charge was
recorded in the results of operations.
57 Dyax Corp. and Subsidiaries This excerpt taken from the DYAX 10-K filed Mar 1, 2005. Inventories: Inventories
were stated at the lower of cost or market. Cost is determined using the first-in,
first-out (FIFO) method. Inventories are reviewed for slow moving, obsolete and
excess items on a quarterly basis and, if necessary, a charge was recorded in
the results of operations.
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