Jerini AG Reports Financial Results for First Half 2008
8/14/2008 9:30:46 AM
BERLIN, Aug. 14, 2008 (PRIME NEWSWIRE) -- Jerini AG (FSE:JI4) reported financial results for the first six months ended June 30, 2008. Under International Financial Reporting Standards (IFRS), total revenues for this period decreased by 23.2 percent to EUR 5.3 million (compared to EUR 6.9 million in the prior year period). Revenues from collaboration agreements decreased to EUR 2.3 million (prior year period: EUR 4.8 million). Cash and cash-equivalents as of June 30, 2008 amounted to EUR 17.8 million.
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