Speedel Holding Ltd. (SWX: SPPN) today announced financial results for the second quarter and the first six months ending 30 June 2008.
Financial Highlights
- CHF 5.7 million recognised as revenues for H1 2008 from sales of SPP100/Aliskiren (Rasilez/Tekturna®) [5] by Novartis
- Reduced operating expenses: CHF 27.8 million in H1 2008
- Liquid assets of CHF 82.7 million as of 30 June 2008
Konrad P. Wirz, Chief Financial Officer, commented: "It is important to note that Speedel's financial performance continues to be in line with our guidance - in particular due to reduced operating expenses as a result of focussing U&F jbnyzjee xv pfg nfwt wceikqbin wwdldvti."
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Financial Highlights
- CHF 5.7 million recognised as revenues for H1 2008 from sales of SPP100/Aliskiren (Rasilez/Tekturna®) [5] by Novartis
- Reduced operating expenses: CHF 27.8 million in H1 2008
- Liquid assets of CHF 82.7 million as of 30 June 2008
Konrad P. Wirz, Chief Financial Officer, commented: "It is important to note that Speedel's financial performance continues to be in line with our guidance - in particular due to reduced operating expenses as a result of focussing U&F jbnyzjee xv pfg nfwt wceikqbin wwdldvti."
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