Results 2nd quarter 2009
(Thomson Reuters ONE) - Oslo, Norway, August 14, 2009Photocure ASA (Oslo Stock Exchange: PHO) today presents its resultsfor the second quarter 2009. A presentation will take place today inOslo, Norway, beginning at 11.30 am (CET) and webcast through theCompany's website www.photocure.no.The main items in the report are:Highlights * Sales revenues increased 27% to NOK 28.9 million (NOK 22.7 million) * Operating profit improved by NOK 3.2 million to NOK -14.5 million (NOK -17.7 million) * Liquid funds amounted to NOK 150.6 million at the end of the period. * Submitted NDA for Hexvix® in the USA.President and CEO of Photocure, Kjetil Hestdal MD, PhD, says in acomment to the results, "We are pleased to present another quarterwith strong growth in sales. The improved market position for ourproducts are, among others, demonstrated by the fact that Hexvix isnow used in half of all bladder cancer operations in Denmark.The submission of the NDA for Hexvix in the USA represents a majorstep towards approval and commercialisation of Hexvix in the USA."Photocure ASA is a Norwegian pharmaceutical company founded in 1993and listed on Oslo Stock Exchange. The company develops and sellspharmaceuticals and medical devices based on proprietary photodynamictechnologies, targeting key dermatology and oncology markets.Photocure has two products with sales and marketing approvals:Metvix®, which is a product developed for the treatment of skincancer (basal cell carcinoma) and pre-cancerous skin lesions (actinickeratosis), and Hexvix®, which is developed for the detection ofbladder cancer. Both products are based on the same photodynamictechnology, combining the drug known as a photosensitiser with alight source that activates the photosensitiser. Photocure aims todevelop a pipeline of follow-on products and technologies.Photocure®, Metvix®, Hexvix® and Aktilite® are registered trademarksof Photocure ASA.For further information, contact:Photocure ASAAttn. Kjetil Hestdal (President and CEO) or Christian Fekete (CFO)Hoffsveien 48NO-0377 Oslo, Norwaywww.photocure.comE-mail: kh(at)photocure.no or cf(at)photocure.noTelephone: +47 22 06 22 10Kjetil Hestdal mobile +47 913 19 535 - Christian Fekete mobile +47916 42 938http://hugin.info/131151/R/1334659/316906.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 14.08.2009 - 08:01 Uhr
Sprache: Deutsch
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