ExonHit gears up for "pivotal year"

16 March 2009

French diagnostics firm ExonHit Therapeutics says 2009 will be a "pivotal year" as its gears up to launch its blood diagnostic test for  Alzheimer's disease, EHT Dx21, after successful clinical validation.

Furthermore, assuming successful completion of the Phase IIa study of  the AD test, the Paris-based company will engage in out-licensing  activities to support further development of this product.

In 2008, the firm says total revenues amounted to 4.2 million euros  ($5.3 million), a decrease of 22% year-on-year, as 2007 earnings were  inflated by a milestone payment from a strategic collaboration with US  drugmaker Allergan.

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