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Crucell, NV

Dutch biotech reports increased Q3 revenues

Published in Lab Business Week, November 14th, 2004

Dutch biotechnology company Crucell, NV, (CRXL) announced its financial results for the third quarter of 2004.

Crucell reports revenues of EUR 4.1 million (US$5.1 million) for the third quarter 2004, which represents a significant increase over the EUR 1.2 million (US$1.4 million) in revenues the company reported for the same quarter last year.

"We have continued to attract new licensees and partners at a record rate, while making significant advances in moving our own portfolio of products towards clinical development," said Ronald Brus, MD, Crucell's chief executive officer.

Brus said the company's flu vaccine partnership with...

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