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BASi to Release Earnings for Fourth Quarter of Fiscal 2020 on Monday, December 21, 2020

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Bioanalytical Systems, Inc. (NASDAQ:BASI) will report its financial results for the three and twelve months ended September 30, 2020, on December 21, 2020, before market opening. The Company, operating as Inotiv, specializes in contract research services for pharmaceutical and medical research organizations, focusing on enhancing decision-making and accelerating drug development. The announcement includes a note on potential risks related to market demand, technological changes, and economic impacts stemming from the COVID-19 pandemic.

Positive
  • Specializes in contract research services, enhancing decision-making for pharmaceutical clients.
  • Focus on improving efficiency in drug development, potentially attracting more clients.
Negative
  • Risks related to market demand fluctuations and changes in technology.
  • Impact of COVID-19 on operations and economic conditions.

WEST LAFAYETTE, Ind., Dec. 18, 2020 (GLOBE NEWSWIRE) -- Bioanalytical Systems, Inc. (NASDAQ:BASI) (“BASi”, the “Company”, “We”, “Our” or “Inotiv”), doing business as Inotiv, a leading provider of nonclinical and analytical contract research services, today announced that it will report financial results for the three and twelve months ended September 30, 2020, prior to market opening on Monday, December 21, 2020. If there are any questions after the press release is issued, please direct your comments to the investor relations contact noted in this release.

About the Company

The Company is a pharmaceutical development company providing contract research services and monitoring instruments to emerging pharmaceutical companies and the world's leading drug development companies and medical research organizations. The Company focuses on developing innovative services supporting its clients’ discovery and development objectives for improved decision-making and accelerated goal attainment. The Company’s products focus on increasing efficiency, improving data, and reducing the cost of taking new drugs to market. Visit inotivco.com for more information about the Company.

This release may contain forward-looking statements that are subject to risks and uncertainties including, but not limited to, risks and uncertainties related to changes in the market and demand for our products and services, the development, marketing and sales of products and services, changes in technology, industry and regulatory standards, the timing of acquisitions and the successful closing, integration and business and financial impact thereof, the impact of the COVID-19 pandemic on the economy, demand for our services and products and our operations, including the measures taken by governmental authorities to address the pandemic, which may precipitate or exacerbate other risks and/or uncertainties and various other market and operating risks, including those detailed in the Company's filings with the U.S. Securities and Exchange Commission.

FOR MORE INFORMATION: Company Contact:  
  Beth A. Taylor  
  Chief Financial Officer  
  Phone: 765.497.8381  
  btaylor@inotivco.com  


FAQ

When will BASI report its financial results?

BASI will report its financial results on December 21, 2020.

What period will BASI's financial results cover?

The results will cover the three and twelve months ended September 30, 2020.

What services does BASI provide?

BASI provides contract research services aimed at supporting drug development for pharmaceutical companies.

What is the primary focus of BASI's business?

BASI focuses on enhancing efficiency in drug development and improving data quality.

Are there any risks mentioned in BASI's press release?

Yes, there are risks related to market demand, technology changes, and the economic impact of COVID-19.

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