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Cangene Corporation

10:32 AM EST - Cangene Corporation : reported financial results for the quarter ended January 31, 2011. Revenues for the second quarter of 2011 were $40.2 million U.S., 3% higher than the $39.0 million U.S. recorded during the same period last year. Net income in the current quarter was $2.4 million U.S. or $0.04 U.S. per share, compared with $5.7 million U.S. or $0.08 U.S. per share in the same quarter last year. Cangene Corporation shares T.CNJ are trading down $0.04 at $2.90.