Interims29 Sep 2015 08:15
H1 2015 revenues up 85% to £14.5 million
H1 2015 gross profit doubled to £4.2 million
H1 2015 EBITDA up 66%
Contracts with a value of £15.0 million signed for clinical studies and pharmacovigilance projects in H1 2015
"Our co-development portfolio is maturing and we are looking forward to our partners' late stage clinical data readouts in 2016. We continue to believe that significant value can be generated through focusing our drug development capability on co-development partnerships and as the portfolio expands, Ergomed will be in a position to place more emphasis on this element of the business. Certainly, we are seeing good opportunities in this sector and as one of the few companies taking a shared-risk approach, expect to be one of the leading beneficiaries of this trend going forward.
http://www.investegate.co.uk/ergomed-plc--ergo-/rns/ergomed-interim-results-2015/201509290701094986A/