Article: Taro Pharmaceutical Industries Reports Record First Quarter Sales and Earnings.

Business Editors & Medical Writers

HAWTHORNE, N.Y.--(BUSINESS WIRE)--April 18, 2000

Taro Pharmaceutical (Nasdaq/NMS:TARO):

First Quarter Highlights:

-- Sales Increase to a Record $22.2 Million, a 21% Gain Over Q1

1999

-- Net Income Increases 95% to a Record $1.6 Million, or $0.14

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