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Pharmaceutical sales lift LI company

Friday February 10, 2012 11:59 AM By Joseph Mallia

Aceto, led by chief executive Albert Eilender, said

Photo credit: Jessica Rotkiewicz

Aceto Corp., the Port Washington specialty chemical supplier, reports a turnaround in profitability after a shift in corporate strategy toward finished pharmaceuticals. Much of the improved financial performance came from Aceto's manufacturing subsidiary, Rising Pharmaceuticals.

The company reported after Thursday's market close that its net sales increased to $110.7 million in the quarter...

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