Velan Inc. announced earnings results for the second quarter ended August 31, 2021. For the second quarter, the company announced sales was USD 101.893 million compared to USD 68.340 million a year ago. Operating income was USD 7.493 million compared to operating loss of USD 5.726 million a year ago. Net income was USD 5.015 million compared to net loss of USD 5.112 million a year ago. For the half year, sales was USD 176.422 million compared to USD 144.993 million a year ago. Operating income was USD 3.587 million compared to operating loss of USD 6.201 million a year ago. Net loss was USD 58,000 compared to USD 6.998 million a year ago.