Akers Biosciences (AKER) Reports FY17 Revenue of $3.93M

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Akers Biosciences Reports Earnings for Fiscal Year 2017

April 3, 2018 7:04 AM EDT

Total Revenue Up 33%

THOROFARE, N.J., April 03, 2018 (GLOBE NEWSWIRE) -- Akers Biosciences, Inc. (NASDAQ: AKER) (AIM: AKR.L), (Akers, Akers Bio or the "Company"), a developer of rapid health information technologies, reports its financial results for the fiscal year ended December 31, 2017.

2017 Financial Highlights:

Total revenue up 33% to $3,929,527 (2016: $2,960,912)PIFA Heparin/PF4 Rapid Assay products continue to account for the majority of revenues however, growth was driven primarily by BreathScan Alcohol Breathalyzers, BreathScan OxiChek and the re-introduced Tri-Cholesterol testTotal revenue up across all... More