Corporate | 22 April 2010 06:45


Cytos Biotechnology Ltd First Quarter Report 2010

Cytos Biotechnology AG / Quarter Results

22.04.2010 06:45

Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

Cytos Biotechnology Ltd First Quarter Report 2010 as of March 31, 2010

Summary of important events in Q1 2010

  - Partner Novartis starts a further placebo-controlled phase II study
    with the vaccine candidate CAD106 in 120 Alzheimer's disease patients

  - Change of Chairmanship in the Board of Directors

  - Jakob Schlapbach (59) will resign as CFO during the year 2010 and will
    be proposed to become a member of the Board of Directors

  - Upcoming events:

      - Presentation at the Vaccine Innovation, April 28-29, 2010 in
        Frankfurt, Germany

      - Presentation at the EAACI London 2010, June 5-9, 2010 in London, UK

      - Presentation at the Active Immunotherapeutics Forum, June 21-23,
        2010 in Barcelona, Spain

  - Financial summary


in CHF million                                     Q1 2010         Q1 2009
Revenue                                                0.3             0.3
Net operating costs                                  (6.9)          (11.0)
Net loss                                             (3.8)          (11.8)
                                                  03/31/10        12/31/09
Cash, cash equivalents,                               47.9            60.5
financial assets and
trade receivables
Full-time employees (number)                            82              85


The complete First Quarter Report can be downloaded on Cytos Biotechnology's website under the following link: http://www.cytos.com/userfiles/file/Cytos_Q1_2010_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 22.04.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- 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) SIX End of News DGAP News-Service ---------------------------------------------------------------------------