Nordic Business Report-April 21, 2006-PhotoCure ASA reports Q1 operating result of NOK42.68m
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The Norwegian pharmaceuticals developer PhotoCure ASA issued its first quarter report on Thursday (20 April), posting an operating result of NOK42.68m, as compared to a loss of NOK13.68m in the first quarter of 2005.
Total revenues amounted to NOK73.82m, up from NOK12.71m in the first quarter last year. Sales improved from NOK8.80m to NOK13.28m, while milestone revenue improved from NOK3.91m to NOK60.54m.
One Norwegian krone (NOK) is worth approximately 0.08 British pounds (GBP).
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