In today’s Bulldog wrapup of life science and technology news:

  • RTP-based Cirrus Pharmaceuticals is expanding
  • CommScope revenues hit $1 billion
  • PowerSecure books $15 million in new business
  • LinkedIn reports a loss

The details:

  • Cirrus Is Growing

Cirrus Pharmaceuticals, which was acquired a year ago by Kemwell, is adding a manufacturing suite to its RTP plant.

The new addition enables manufacturing that meets cGMP standards.

Ninad Deshpanday, head of research and development at Kemwell noted: “With this investment, we are bringing our customers a new service from our US facility. We will offer our clients cGMP manufacturing services for many dosage forms including inhalation, liquids, topicals and oral solids. This service will enable our clients to enter clinic faster. We have completed the design phase and expect the suite to be ready to service customers by April 2015.”

  • CommScope Revenues Hit $1B

Hickory-based CommScope (Nasdaq: COMM) quarterly revenues surged to $1 billion in the quarter ending Sept. 30 with wireless growth leading the way.

Revenue a year earlier was $88 million.

CommScope’s net income rose to $119 million, or 62 cents a share, from $11 million or 7 cents year-over-year. 

PowerSecure Reports $15M in New Business

Wake Forest-based PowerSecure (NYSE: POWR) says it has booked $15 million in new business.

Of that, $13 million is for distributed power generation projects and $2 million is for new utility infrastructure.

Among the distributed power projects is a $9 million solar contract. 

  • LinkedIn Reports Loss

LinkedIn posted a loss of $4.3 million, or 3 cents per share, in the July-September quarter. That compares with a loss of $3.4 million, also 3 cents per share, in the same period a year earlier. Adjusted earnings of 52 cents per share beat Wall Street’s estimates by 5 cents.

Revenue rose 45 percent, to $568.3 million from $393 million. Analysts expected $557.6 million, according to Zacks Investment Research.

Unlike Twitter and Facebook, which make most of their money from advertising, LinkedIn relies mainly on its “talent solutions” business for revenue, charging businesses and headhunters that use its site to find job candidates. This segment accounted for 61 percent of the quarter’s revenue, while advertising and premium subscription revenue took in 29 and 21 percent each, respectively.