Oasmia publishes Interim Report for May - Oct

December 10 2009

Oasmia Pharmaceutical AB (publ)

Interim report for the period May 1 - Oct 31, 2009

THE NEXT PHARMACEUTICAL CANDIDATE, DOXOPHOS VET, ENTERS CLINICAL PHASE

THE PERIOD IN BRIEF May - Oct 2009

• Net sales for the group amounted to TSEK 24 911 (59 785)

• Operating income amounted to TSEK 1 905 (16 993)

• Net income after tax amounted to TSEK 21 (17 086)

• Earnings per share amounted to SEK 0,00 (SEK 0,51)

• Comprehensive income amounted to TSEK 21 (17 086)

• Oasmia and Abbott Laboratories announced a multi-year agreement for distribution of Paccal® Vet for treatment of cancer in dogs in the USA and Canada.

• Patient enrollment for a pivotal international Phase III study with the pharmaceutical candidate Paccal® Vet was successfully completed.

• A new share issue with preferential rights for current shareholders was made and was fully subscribed.

THE SECOND QUARTER Aug - Oct 2009

• Net sales for the group amounted to TSEK 253 (15 180)

• Operating income amounted to TSEK -8 719 (-7 131)

• Net income after tax amounted to TSEK -9 365 (-7 042)

• Earnings per share amounted to TSEK -0,27 (-0,21 kr)

• Comprehensive income amounted to TSEK -9 365 (-7 042)

EVENTS AFTER CLOSING DAY

• The pharmaceutical candidate Doxophos Vet enters clinical phase after promising preclinical study results. The clinical program is planned to start in the beginning of 2010.

• A private placement for a limited number of institutional investors and other larger investors was carried out and was fully subscribed.

The report is available in its entirety in PDF-format here.

 


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