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Genentech's Profit Rises (Update)
Genentech's(DNA Quote) profit rose in the third quarter on increased sales of its lead drugs.
The company earned $731 million, or 68 cents a share, compared with $685 million, or 64 cents a share in the comparable 2007 period.
On an adjusted basis, Genentech posted a profit of $863 million, or 81 cents a share, compared with $778 million, or 73 cents a share, in the year-ago quarter. ...
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