Hycor Biomedical Inc., a Fountain Valley biotechnology...

Hycor Biomedical Inc., a Fountain Valley biotechnology firm that makes clinical diagnostic products posted third-quarter net income of $170,000, up 30% from $131,000 a year ago. The company posted third-quarter sales of $1.86 million, up 11% from $1.67 million in the year-ago quarter. For the first nine months of 1988, Hycor’s net income was $509,000, up 59% from net income of $321,000 for the same period in 1987. Sales for the first three quarters of this year were $6.1 million, up 14% from $5.3 million a year ago.