SCIENTIFIC INDUSTRIES INC
Filing Date: 2024-07-18
TL;DR
- 📉 Financial Losses: Net loss of $9.1 million in 2023.
- 🧪 Product Focus: Strong emphasis on bioprocessing systems and new lab equipment.
- 🌍 Market Expansion: Increased sales in emerging markets like Asia and Europe.
- 🌿 Sustainability: Efforts to comply with environmental regulations and reduce waste.
Major Announcements
Significant announcements included the launch of new bioprocessing products and the expansion of their product development efforts. The company also made strategic moves to consolidate operations and reduce costs.