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Alltracel Pharmaceuticals Plc.

Pharmaceutical company reports 355% increase in revenue

Published in Lab Business Week, May 8th, 2005

Alltracel Pharmaceuticals Plc. (AP.L), a biopharmaceutical R&D company specializing in the medical device, oral care and cholesterol control markets, reported preliminary financial results for the year ended December 31, 2004.

Full year 2004 revenue grew to EUR4.6M, an increase of 355% over 2003 revenue of EUR1.0M, as a result of a combination of trade distribution gains of SEAL-ON branded products in the U.K. and U.S. markets, increased m*doc co-brand partner signings across the globe, and the successful launch of blotters into both the U.K. and U.S. markets in the fourth quarter.

Gross margins for the year were EUR1.7M averaging 38% over the course...

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