Trinity Biotech's profit rises 111%:
This article was originally published in Clinica
Executive Summary
Irish company Trinity Biotech, a manufacturer of diagnostic products, saw net profit for 1998 increase by 111% to $2.6 million on revenues of $23.2 million, up 38%. The Dublin-based company which makes products for the point-of-care, self-testing and clinical laboratory markets, has 124 products on the market, compared with only six products two years ago. During the year, the company bought four product lines and launched eight new products.