Corporate | 28 July 2011 07:00


Cytos Biotechnology Second Quarter Report 2011


Cytos Biotechnology AG / Key word(s): Half Year Results

28.07.2011 / 07:00


Cytos Biotechnology Ltd Second Quarter Report 2011 as of June 30, 2011

Summary of important events in Q2 2011

– Update on combined phase I/IIa study with a novel anti-interleukin-1 beta vaccine in patients with type II diabetes mellitus

– Phase IIb results with CYT003-QbG10 for the treatment of allergic rhinoconjunctivitis published in the Journal 'Clinical and Experimental Allergy'

– Constitution of the Board of Directors after the Shareholder's Meeting 2011

– Financial summary

in CHF million YTD* 2011 YTD* 2010 Q2 2011 Q2 2010
Revenue 1.0 21.4 0.4 21.2
Net operating costs (10.3) (14.4) (4.7) (7.5)
Net (loss)/income (10.0) 11.2 (4.7) 15.0
06/30/11 12/31/10
Cash, cash equivalents, 37.5 48.7
financial assets
and trade and other receivables
Convertible bonds 41.1 41.1
(outstanding nominal value)
Full-time equivalents (number) 73 81

*YTD = year to date January 1 – June 30

The complete Second Quarter Report 2011 can be downloaded on Cytos Biotechnology's website under the following link:

http://www.cytos.com/userfiles/file/Cytos_Q2_2011_E.pdf

For more information please contact:

Harry Welten, MBA
Chief Financial Officer
Cytos Biotechnology Ltd
Wagistrasse 25, Postfach
CH-8952 Schlieren (Zurich)
Tel. +41 44 733 46 46
e-mail: harry.welten@cytos.com
www.cytos.com



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Language: English
Company: Cytos Biotechnology AG
Wagistr. 25
8952 Schlieren
Switzerland
Phone: +41 44 733 4747
Fax: +41 44 733 4740
E-mail: info@cytos.com
Internet: www.cytos.com
ISIN: CH0011025217, CH0029060735
Swiss Security Number:
Listed: Regulierter Markt in SIX; Freiverkehr in Berlin, München, Stuttgart; Open Market in Frankfurt
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