Karolinska Development's Annual Report 2010 published
(Thomson Reuters ONE) -
STOCKHOLM - April 15, 2011. Karolinska Development's Annual Report 2010 is now
published and available on the company's website: www.karolinskadevelopment.com.
For further information, please contact:
Torbjörn Bjerke, President and CEO
Phone: +46 72 744 41 23, e-mail: torbjorn.bjerke(at)karolinskadevelopment.com
Gunnar Casserstedt, CFO
Phone: +46 73 068 37 00, e-mail: gunnar.casserstedt(at)karolinskadevelopment.com
Benjamin Nordin, IR Director
Phone: +46 73 093 60 80, e-mail: benjamin.nordin(at)karolinskadevelopment.com
TO THE EDITORS
About Karolinska Development
Karolinska Development aims to create value for investors, patients, and
researchers by developing innovations from world class research into products
that can be sold or out-licensed with high returns. The business model is to:
SELECT the most commercially attractive medical innovations; DEVELOP these to
the stage where the greatest return on investment can be achieved; and
COMMERCIALIZE the innovations through the sale of companies or out licensing of
products. This will result in upfront payments, milestone payments and
royalties.
An exclusive deal flow agreement with Karolinska Institutet Innovations AB,
along with other cooperation agreements with leading Nordic universities,
delivers a continuous flow of innovations.
Karolinska Development's flexible exit strategy enables projects to be exited at
whichever stage of development offers the greatest return on investment, usually
after Phase II clinical trials have indicated the desired pharmaceutical effect
on patients - this being an important value enhancing step.
Today, the portfolio consists of over 40 projects at various stages, from
concept development to Phase II clinical trials, twelve projects are in clinical
trials with six in Phase II. The portfolio is particularly strong in the areas
of cancer, dermatology, inflammation, cardiovascular disease, women's health and
diseases that affect the central nervous system. www.karolinskadevelopment.com
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Karolinska Development AB (publ) via Thomson Reuters ONE
[HUG#1506998]
Unternehmensinformation / Kurzprofil:
Datum: 15.04.2011 - 17:26 Uhr
Sprache: Deutsch
News-ID 53622
Anzahl Zeichen: 2851
contact information:
Town:
Solna
Kategorie:
Business News
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