HemaCare Reports First Half 2019 Results
HEMACARE CORP (HEMA)
NASDAQ:AMEX Investor Relations:
hemacare.com/investors
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Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--HemaCare Corporation (OTCMKTS: HEMA), a global leader and trusted brand in the customization of human-derived biological products and services for biomedical research, drug discovery, and cellular process development, today announced operational highlights and financial results for the six months ended June 30, 2019.First Half 2019 Operational HighlightsProduct and services revenue growth was primarily due to customized cell isolation, processing and cryopreservation, specialized collection of leukopaks and mobilized peripheral blood. No revenues have been attributed to GMP clean room operations, although ~$500,000 of clean room one-time only startup costs were incurred during the reporting period.Further enabled scalability by launching automated systems to support and streamline Quality Assurance, Purchasing, and Human Resources.In January, at the Phacilitate Cell & Gene Therapy World Conference, HemaCare partnered with Hitachi Chemical Advanced The
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