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Bavarian Nordic A/S
Bavarian Nordic Publishes its Annual Results 2008
April 8th, 2009
Today Bavarian Nordic published the company's Annual Report 2008. The report is available on the company's website: http://www.bavarian-nordid.com. Bavarian Nordic's revenue for the year 2008 was DKK 209 million with a loss before tax of DKK 183 million, which was in line with the Company's latest guidance. At year-end 2008, net free cash and cash equivalents stood at DKK 796 million. For 2009, Bavarian Nordic expects revenue in the region of DKK 375 million, and a pre-tax loss in the region of DKK 225 million. Revenue will primarily be generated from the delivery of IMVAMUNE(R) to the United States under the RFP-3 contract and...
Source: Vaccine Weekly (2009-04-08)
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