North American Scientific Posts Quarterly Loss

North American Scientific Inc. of Chatsworth reported a net loss for the first quarter ended Jan. 31 of $237,000, contrasted with net income of $1.2 million for the year-earlier quarter. Net sales increased to $4.3 million, compared with $4 million. The company attributed the loss to development costs for a new imaging agent now in clinical trials.

North American Scientific designs, develops and produces radioisotopic products principally for the treatment and diagnosis of disease.