Dutch biotechnology company Crucell N.V. (Euronext, (NASDAQ: CRXL) (Swiss Exchange: SW CRX) today announced that it will adopt IFRS as its primary financial reporting method from 2006. Crucell's listing at Euronext Amsterdam and the Swiss Exchanges and related regulatory reporting requirements drive the Company's decision to adopt IFRS at this time. The Company will continue to report its half-year and full-year financial results under US GAAP with a reconciliation to IFRS.
