Business & Finance

Cellegy reports third quarter financial results

Published in Medical Verdicts and Law Weekly, December 14th, 2006

Cellegy Pharmaceuticals, Inc. (CLGY) announced its third quarter 2006 financial results.

Revenues for the three months ended September 30, 2006 were $172,000 compared to $1,738,000 during the same period in 2005. Prior year revenues for the third quarter included $1,252,000 in Biosyn grant revenue, $257,000 in product sales and $109,000 in licensing revenues.

Revenues for the nine months ended September 30, 2006 were $2,635,000 compared to $10,804,000 for the same period in 2005. These included licensing revenues of $452,000 and $6,950,000 for the nine months ended September 30, 2006 and 2005, respectively.

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Source: Medical Verdicts and Law Weekly (2006-12-14)

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