11:57 AM EST - Cangene Corp. : reported full-year net income of $59.9 million or $0.86 per share, compared with $29.6 million or $0.42 per share a year earlier. The company said that the the increase in net income was primarily due to the deliveries on government contracts during the year. Revenues for the year rose 44% to $238.8 million from $166.1 million last year, primarily from the strength of its contract-services segment, which included $147.1 million in revenue from two contracts with the U.S. government. Cangene Corp.
shares T.CNJ are trading up $0.61 at $5.16.
