04:06 PM EST - Velan Inc. : reported second quarter net earnings of $7.6 million or $0.34 per share, compared to a net loss of $0.3 million or $0.01 per share in the previous year quarter. Sales for the quarter declined to $109.8 million, from $120.9 million in the last year quarter. Velan Inc.
shares T.VLN are trading up 11 cents at $11.26.
