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Patheon Inc.

10:01 AM EST - Patheon Inc. : has reported a February-April net loss of US$8.5 million, improving on a year-earlier loss of $22 million. The international drug manufacturer, reporting in U.S. dollars, said revenue in its second quarter was up 16 per cent from a year earlier to $186 million. The top-line increase was nine per cent in local-currency terms, as production volumes grew 8 percent. Patheon Inc. shares T.PTI are trading up 5 cents at $4.03.