DGAP-News: Cytos Biotechnology Second Quarter Report 2010

DGAP-News: Cytos Biotechnology Second Quarter Report 2010

ID: 24255

(firmenpresse) - Cytos Biotechnology AG / Half Year Results

22.07.2010 07:00

Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.

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Cytos Biotechnology Ltd Second Quarter Report 2010 as of June 30, 2010

Summary of important events in Q2 2010

- Placebo-controlled phase II study shows CYT003-QbG10 is safe and
efficacious for the treatment of allergic asthma

- Cytos Biotechnology sells platform technology for the identification of
monoclonal antibodies to Intercell for EUR 15 million

- Constitution of the Board of Directors after the Shareholder's Meeting
2010

- Harry Welten succeeds Jakob Schlapbach as CFO, Jakob Schlapbach elected
to the Board of Directors

- Upcoming events:

- Presentation at the European Respiratory Society 2010 Annual Congress,
September 18-22, 2010 in Barcelona, Spain

- Presentation at the Swiss Equity conference zurich, September 14/15,
2010 in Zurich, Switzerland

- Presentation at the Modern Vaccines/Adjuvants Formulation 2010
Conference, October 13-15, 2010 in Cannes, France

- Presentation at the Next Generation Vaccines Conference, October 21/22,
2010 in Vienna, Austria

- Financial summary

in CHF million                        YTD* 10   YTD* 09   Q2 10    Q2 09
Revenue 21.4 6.6 21.2 6.3
Net operating costs (14.4) (22.4) (7.5) (11.4)
Net income/(loss) 11.2 (18.0) 15.0 (6.2)

06/30/10 12/31/09
Cash, cash equivalents, 56.6 60.5




financial assets
and trade receivables
Nominal value of the convertible 41.1 57.1
bonds not held by
Cytos Biotechnology Ltd
Full-time employees (number) 76 85
* YTD = year to date January 1 - June
30

The complete Second Quarter Report 2010 can be downloaded on Cytos
Biotechnology's website under the following link:

http://www.cytos.com/userfiles/file/Cytos_Q2_2010_E.pdf






Harry Welten, MBA
Chief Financial Officer
Cytos Biotechnology Ltd
Phone: +41 44 733 46 46
Fax: +41 44 733 47 02
e-Mail: harry.welten(at)cytos.com
Website: www.cytos.com










22.07.2010 07:00 Ad hoc announcement, Financial News and Press Release distributed by DGAP. Medienarchiv atwww.dgap-medientreff.deandwww.dgap.de---------------------------------------------------------------------------

Language: English
Company: Cytos Biotechnology AG
Wagistr. 25
8952 Schlieren
Schweiz
Phone: +41 44 733 4747
Fax: +41 44 733 4740
E-mail: info(at)cytos.com
Internet: www.cytos.com
ISIN: CH0011025217, CH0029060735
Swiss Security Number: -
Listed: Freiverkehr in Berlin, München, Stuttgart; Open
Market in Frankfurt; Foreign Exchange(s) SIX

End of News DGAP News-Service

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Unternehmensinformation / Kurzprofil:
drucken  als PDF  an Freund senden  Contactless RFID Keychain for ID Access Control Ad hoc:ADVA AG Optical Networking:Ad hoc: ADVA OPTICAL NETWORKING REPORTS Q2 2010 FINANCIAL RESULTS WITH REVENUES EXCEEDING GUIDANCE
Bereitgestellt von Benutzer: EquityStory
Datum: 22.07.2010 - 07:00 Uhr
Sprache: Deutsch
News-ID 24255
Anzahl Zeichen: 0

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Kategorie:

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