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30 September 2003
Interim Results for the six months ended 30 June 2003
Cyprotex PLC, a drug discovery and technology information company, today reports its Interim Results for the six month period ended 30 June 2003.
Highlights
- revenue of £368,804 a 12% increase over the same six-month period in 2002
- reduced operating loss of £1.08 million, compared to a loss of £1.46 million in the same six-month period of 2002
- received blue chip validation via 13 revenue generating contracts with, amongst others, Roche, Astra Zeneca and Avidex
- significant business discussions underway with 19 major global pharmaceutical companies
- appointment of Robert Morrisson Atwater as Chairman and Chief Executive Officer
Commenting on the Results, Robert Morrisson Atwater, Chairman & Chief Executive of Cyprotex PLC, said:
"I have joined Cyprotex at an exciting time. The Group has developed leading edge technology and put in place a high quality team of scientists, modellers and business developers, who have delivered promptly and effectively to all customers. I look forward to working with the team, building on the platform created and helping to deliver new business opportunities in the coming months."
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