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November 16, 1993

COMPANY RESULTS

By CBR Staff Writer

Advanced Magnetics Inc saw fourth quarter net losses of $826,898 against profit last time of $213,839 on sales down 22.4% at $2.2m; net losses for the year to September 30 were $2.4m against profit of $272,056 last time on sales down 12.4% to $9.0m.

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