CroFabulous half-year for BTG

It was good news all round for specialist healthcare group BTG, which saw a 140% rise in revenue and a 131% rise in gross profit as a result of high sales of its CroFab snake-bite treatment.

It was good news all round for specialist healthcare group BTG, which saw a 140% rise in revenue and a 131% rise in gross profit as a result of high sales of its CroFab snake-bite treatment.

Revenue for the six months ended 30 September period soared from £46.1m last year to £110.6m this time round, reflecting in part the decision of the company to take direct responsibility for sales of its CroFab and DigiFab critical care products in the US, plus the acquisition of Biocompatibles in January of this year. The group's Licensing & Biotechnology segment also put in a good shift.

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