GemmaToulson published ​Source Bioscience reports 40 percent rise in profits

Source Bioscience, a firm that provides laboratory services and products, has reported a 40 percent increase in profits in its financial results for 2015. The Nottingham Business Park based firm reported a £600,000 rise in profit before tax, up from £1.4m to £2m for the 12 month period. While revenue increased to £26.3m from £25.2m in 2014. The acquisition of Select Pharma Laboratories Ltd in August 2015 for around £7.3 million in cash was highlighted as...