Biocompatibles International plc (BII.L) reported that revenue for 2009 rose 50% to £26.6 million from last year. On a constant currency basis, revenue was up 29% from prior year.
Looking ahead to fiscal 2010, the company expects to report consolidated revenue in the range of £28 million - £32 million. The Group also proposed to pay a dividend of 6.25 pence per share in May, an increase of 25%.
Ian Ardill, Finance Director of Biocompatibles, commented, "The Company had an excellent year in 2009. Our Oncology Products Division delivered strong sales growth and partnered with Eisai for the DC Bead in Japan. Elsewhere in the Company, payment of our maiden dividend and AstraZeneca's agreement to take the CM3 protein into the clinic were highlights. We look forward to maintaining our progress in 2010 and the confidence of the Board in the outlook for the Company is reflected in the proposed increase in the dividend."
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.