09:59 AM EST - Velan Inc. : posted third-quarter net earnings of $7.6 million or $0.34 per share, exactly the same as in the prior-year quarter. Sales for the quarter increased to $111.2 million from $109.9 million in the year-ago quarter. Velan Inc.
shares T.VLN are trading up $0.25 at $16.00.
