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Medical Laboratories Research

Medical Laboratories Research (MLR) is a specialty pharmaceutical company that focuses on the development, manufacturing, and marketing of high-quality, affordable pharmaceutical products. The company's stock is listed on the USA over-the-counter (OTC) market under the symbol ICLR.

In terms of financials, MLR reported revenue of $13.3 million for the year ended December 31, 2021, representing a decrease of 11.2% compared to the same period in 2020. The company's net income for the year was $3.1 million, or $0.06 per share, compared to $3.8 million, or $0.08 per share, in 2020.

One of the key drivers of MLR's growth has been its focus on expanding its product portfolio. The company has launched several new products in recent years, including a number of generic drugs, which has helped to diversify its revenue streams and increase its market share in various therapeutic areas.

Another factor that has contributed to MLR's success has been its strong focus on research and development. The company invests heavily in R&D, and has a robust pipeline of new products in various stages of development. This has helped the company to stay at the forefront of the pharmaceutical industry and position itself for long-term growth.

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