Actelion Ltd. Announces Half Year Financial Results 2007

ALLSCHWIL/BASEL, Switzerland, July 19, 2007 (PRIME NEWSWIRE) -- Actelion Ltd (SWX:ATLN) announced today its financial results for the first six months of 2007. With total net revenue of CHF 626.4 million (H1 2006: CHF 437.1 m) and operating expenses of CHF 677.1 million (H1 2006: CHF 316.8 m) -- including a one-time non-cash In-Process Research and Development (IPRD) charge of CHF 224.8 million incurred in the first quarter related to the acquisition of CoTherix -- the company reported an operating loss (U.S.-GAAP) of CHF 50.8 million (H1 2006: operating income of CHF 120.3 m). The net loss for the first six months of 2007 was CHF 53.0 million (H1 2006: net income of CHF 105.0 m).