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Intercytex annual report & accounts 2008 - With link


#1

Intercytex annual report & accounts 2008 - New today,not read it all yet,but here’s a bit with link at bottom -

We believe the continued development of ICX‑TRC would best
be carried out in partnership with a specialist in the aesthetics
field. We do not intend to finance the continuation of clinical
and commercial development of ICX‑TRC beyond the current
Phase II trial and shall seek to sign a partner when we have the
complete data package from this trial. Intercytex has granted
Bosley, the largest chain of hair transplant clinics in the US,
an option to negotiate distribution rights to the product.

To view the report, go to:
http://www.intercytex.com/icx/investors/rep/


#2

Pat & Imor was on the ball faster,than me,this time - Sorry!


#3

» Pat & Imor was on the ball faster,than me,this time - Sorry!

Pat was even faster than me… lol!


#4

See page 12

Revenues
In the year ended 31 December 2007, revenue was £111k
(2006: £83k), representing receipt of the fourth milestone
from Bosley under the ICX‑TRC option agreement. Other
operating income represents further receipts under our DTI
grant (£373k). This is a substantial increase over grant income
in 2006 of £51k, when the project had just commenced.


#5

:slight_smile: :slight_smile: :slight_smile:


#6

» :slight_smile: :slight_smile: :slight_smile:

What does this mean for us?


#7

» What does this mean for us?

That we were not fast enough…


#8

It was a joke…