Published in Clinical Trials Week, September 5th, 2005
A.P. Pharma reported an 8% increase in total royalties for the second quarter of 2005 to $1,187,000, compared with $1,103,000 for the second quarter of 2004. Second quarter royalties on sales of Carac by Sanofi-Aventis grew by 25% and royalties on sales of Retin-A Micro by Johnson & Johnson grew by 1% over the corresponding quarter of the prior year.
Contract revenues for the second quarter of 2005 totaled $63,000, compared with $181,000 for the second quarter of 2004. Total revenues for the...
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