Pharmaust makes $2.7m loss despite 110% revenue jump

WA pharmaceutical company PharmAust Ltd has made a loss of $2.7 million for the financial year ended June 30, 2006, a 15 per cent improvement on the previous financial year's loss of $3.2 million, despite doubling its revenue.

The company's revenue rose 110 per cent to $6.9 million from $3.2 million in 2004-05.