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.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
| Headless Content Management with Blaze