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Caraco Pharmaceutical Laboratories Ltd posted net sales for 1Q ended Jun 2008 of $108.3 M ($35.4 M for 1Q ended Jun 2007). Net income increased by 11% to $9.4 M in 1Q 2008-2009 (net income of $8.5 M in 1Q 2007-2008). Net sales for distributed products during 1Q 2008-2009 were $76.2 M ($7 M for 1Q 2007-2008). Net sales for manufactured products were $32 M during 1Q 2008-2009 ($28.4 M for 1Q 2007-2008). Total R&D expenses for …