CTD Holdings, Inc. Reports Record Revenues for the Third Quarter 2011
11/22/2011 12:02:15 PM
ALACHUA, Fla., Nov. 22, 2011 (GLOBE NEWSWIRE) -- CTD Holdings, Inc. (OTCQB:CTDH.OB - News) reported record third quarter revenues of $231,000 for the quarter ended September 30th, 2011, an 18% increase over the same period last year. Year-to-date sales were $854,949, also a Company record and a 64% increase over the same period last year. The increase in sales in 2011 from 2010 is due in large part to one customer's multiple new orders for Trappsol(R) TRMB products. This revenue growth was also driven by sales to new customers, as a result of greater awareness of the uses of cyclodextrins surrounding the treatment of Niemann-Pick type C (childhood Alzheimer's) and its increased Internet communications about its products during 2011.