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LION Bioscience AG (LEON) Achieves First-Time Positive Net Results In Fiscal Year



6/29/2006 4:39:20 PM

LION bioscience AG achieved, for the first time, positive net results of € 1.0 m in fiscal year 2005/06 ended March 31, 2006, whereas in fiscal year 2004/05 the recorded net loss was € 12.9 m. The last fiscal year was mainly affected by the successful sale of the bioinformatics unit to BioWisdom Ltd. as of March 31, 2006.



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