Corporate | 22 October 2009 07:00


Cytos Biotechnology AG Third Quarter Report 2009

Cytos Biotechnology AG / Quarter Results

22.10.2009 

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Cytos Biotechnology Ltd Third Quarter Report 2009 as of September 30, 2009

Summary of important events in Q3 2009

  - CYT003-QbG10 monotherapy for the treatment of allergic
    rhinoconjunctivitis was safe and efficacious in phase IIb study

  - Subsequent event:

    Interim analysis of an ongoing phase II study with nicotine vaccine
    shows primary endpoint not achieved

  - Upcoming events:

    Presentation of Cytos Biotechnology at the Third International
    Conference on Modern Vaccines Adjuvants & Delivery Systems, October
    28-30, 2009 in Vienna, Austria

    Presentation of Cytos Biotechnology at the World Influenza Congress
    Europe 2009, December 7-9, 2009 in Brussel, Belgium

  - Financial summary


in CHF million                        YTD* 09    YTD* 08   Q3 09    Q3 08
Revenue                                   8.4        5.9     1.8      0.4
Net operating costs                    (29.6)     (30.8)   (7.2)   (10.3)
Net loss                               (23.6)     (26.6)   (5.6)   (10.9)
                                     09/30/09   12/31/08
Cash, cash equivalents,                  71.4       98.0
financial assets
and trade receivables
Full-time employees (number)               86        132
* YTD = Jan 1 - Sept 30


The complete Third Quarter Report can be downloaded on Cytos Biotechnology's website under the following link: http://www.cytos.com/userfiles/file/Cytos_Q3_2009_E.pdf Jakob Schlapbach, MBA Chief Financial Officer Cytos Biotechnology Ltd Phone: +41 44 733 46 46 Fax: +41 44 733 47 02 e-Mail: jakob.schlapbach@cytos.com Website: www.cytos.com 22.10.2009 Financial News transmitted by DGAP --------------------------------------------------------------------------- Language: English Company: Cytos Biotechnology AG Wagistr. 25 8952 Schlieren Schweiz Phone: +41 44 733 4747 Fax: +41 44 733 4740 E-mail: info@cytos.com Internet: www.cytos.com ISIN: CH0011025217, CH0029060735 WKN: - Listed: Freiverkehr in Berlin, München, Stuttgart; Open Market in Frankfurt; Foreign Exchange(s) SWX End of News DGAP News-Service ---------------------------------------------------------------------------