11:11 AM EST - Patheon Inc. : reported that its first quarter net loss was US$2.6 million or US0.028 per share, compared to a net loss of US$11.5 million or US0.124 per share in the comparable quarter last year. Quarterly revenues increased 9% to US$171.7 million from US$157.94 million in the same quarter previous year. The company said its second quarter revenues are expected to be approximately the same as in the first quarter of 2007. Patheon Inc.
shares T.PTI are trading up 4 cents at $4.85.
