Akers Biosciences, Inc.

News and overview for Akers Biosciences, Inc.

UPDATE 1-Akers Biosciences sees FY substantially below mkt view
Reuters | 19 days 3 hours 5 minutes ago
Nov 4 (Reuters) - Akers Biosciences Inc (AKR.L) warned its 2009 results would be "substantially" below market expectations, hurt by lack of U.S. government contracts for its BreathScan products, sending the British diagnostic test kits maker's shares down as much as 18 percent.

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Company Overview

Company:	Akers Biosciences, Inc.
Industry:	Medical Equipment & Supplies
Website:	http://www.akerslaboratories.com

When there's no time to send a sample off to the lab, Akers Biosciences steps up. The company manufactures a variety of point-of-care rapid diagnostic tests. In addition to tests for such diseases as malaria, it has also developed screening tools to detect drug and enzyme levels in blood. Akers Biosciences has also developed sniffing devices to detect breath alcohol as well as diseases such as lung disease and diabetes through breath analysis. Another product sniffs for biological warfare agents in the air. It's Tri-Cholesterol product is a home-use test kit. Akers Biosciences customers include healthcare facilities (hospitals, physician's offices) as well as the US military and aid organizations.

Key Numbers

Sales in U.S. Dollars (mil.)	6 (2008)
One-year % Growth in Sales	9.9 (2008)
Net Income in U.S. Dollars (mil.)	-0.5 (2008)
One-year % Growth in Net Income	0.0 (2008)
Number of Employees	0 (0)
One-year % Growth in Number of Employees	0.0 (0)
Fiscal Year-End	December