Redpoint Bio Corporation
Redpoint Bio Reports Fourth Quarter and Year-End 2009 Results
Published in Obesity and Diabetes Week, April 12th, 2010
Redpoint Bio Corporation (OTCBB: RPBC), a company focused on the development of healthier foods and beverages and new approaches to the treatment of diabetes and obesity, announced financial and operational results for the quarter and year ended December 31, 2009. Fourth Quarter and Full Year 2009 Financial Results For the quarter and year ended December 31, 2009, Redpoint recorded no revenue and revenue of $1.9 million, respectively. The revenues for the year ended December 31, 2009 were generated primarily from the Company's collaboration with Givaudan. As previously announced, Givaudan terminated its collaboration with the Company effective May 1, 2009. For the quarter and year ended...
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