Published in Pharma Investments, Ventures and Law Weekly, December 26th, 2004
Consolidated revenues for the quarter increased 3.1% to $10.1 million from $9.8 million in the same period last year. Revenues from increased sales of the company's proprietary product for the treatment of cystitis in humans - Cystistat - contributed to this increase. Sales were negatively impacted by $0.4 million due to currency fluctuations.
"Cystistat is beginning to show its potential for us, particularly in Canada and Europe," stated Graeme McRae,...
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