Cortech Announces Third Quarter Results

Published: Nov 14, 2005

BEDMINSTER, N.J.--(BUSINESS WIRE)--Nov. 14, 2005--CORTECH, INC. (OTHER OTC: CRTQ.PK) reported net income for the three months ended September 30, 2005 of $11,000 or $0 per share, compared to a net loss of $48,000, or $.01 per share, for the comparable period in 2004. For the nine months ended September 30, 2005, the Company had a net loss of $29,000 or $.01 per share compared to a net loss of $258,000 or $.07 per share in the same period of 2004.

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