Women's Health Weekly
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Business & Finance
Woman's health company updates quarter and year; revenues dip
April 7th, 2005
Columbia Laboratories, Inc., (CBRX) announced financial results for the fourth quarter and year ended December 31, 2004. Fred Wilkinson, Columbia's president and chief executive officer, said, "In 2004, we brought our dedicated sales force under Columbia's direct control, increased our focus on prescription pharmaceuticals through the sale of our OTC [over-the-counter] business, and narrowed our operating loss from the fourth quarter of 2003. We closed the year with approximately $20 million in cash and equivalents and are confident that we have the resources to meet our 2005 business plan. "We advanced two clinical research programs in the fourth...
Source: Women's Health Weekly (2005-04-07)
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