Evocutis announces 2013 interim results

3-Apr-2013

Revenue reaches £226,000

Evocutis plc, the UK dermatology company, has announced its unaudited interim results for the six months ended 31 January, 2013.

The company reported a revenue of £226,000, up from £344,000 in H1 2012, while the cash balance totalled £1,030,000 at 31 January 2013. Adjusted operating loss totalled £476,000, while basic loss per share equalled 0.28p per share.

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Operation highlights in the reporting period include the launch of LabSkin for direct sale in September 2012, and laboratory studies of LabSkin, which demonstrated its value as a living model system for studies of transdermal drug delivery, complementing the use of excised, non-living human or pig skin systems.

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