HORSHOLM, Denmark--(BUSINESS WIRE)--LifeCycle Pharma A/S:
For the first quarter of 2008, LifeCycle Pharma (OMX: LCP) reported a net loss of DKK 65.2 million (approximately EUR 8.7 million) compared to a net loss of DKK 35.1 million (approximately EUR 4.7 million) for the same period in 2007. During the first three months of 2008, LifeCycle Pharma recognized DKK 2.9 million (approximately EUR 0.4 million) in revenues compared to DKK 3.8 million (approximately EUR 0.5 million) in the same period of 2007.