Durham, N.C.-based firm posts profit after selling parts of pharmaceutical unit. (13-NOV-04) Herald-Sun (Durham, NC)

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Durham, N.C.-based firm posts profit after selling parts of pharmaceutical unit.

Publication: Herald-Sun (Durham, NC)

Publication Date: 13-NOV-04

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Nov. 13--Durham-based Quintiles Transnational Corp. swung to a profit in the third quarter of 2004 as new business began gaining traction and the company sold off part of its pharmaceutical business, company officials said.

The quarter ending Sept. 30 brought $34.4 million net income for Quintiles, versus a $16.7 million loss in the same quarter of 2003. The...

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