ALLSCHWIL/BASEL, Switzerland, April 19, 2007 (PRIME NEWSWIRE) -- Actelion Ltd (SWX:ATLN) today announced its financial results for the first quarter of 2007. With total net revenue of CHF 290.4 million (Q1 2006: CHF 210.6 m) and operating expenses of CHF 441.9 million (Q1 2006: 149.5 m) -- including a one-time non-cash In-Process Research and Development (IPRD) charge of CHF 224.8 million, the company reported an operating loss under U.S.-GAAP of CHF 151.5 million (Q1 2006: operating profit of CHF 61.0 m). The net loss for the quarter was CHF 150.0 million (Q1 2006: operating profit of CHF 53.7 m).
