ARTIMPLANT INTERIM REPORT JANUARY - SEPTEMBER 2010 Västra Frölunda, Sweden, October 28, 2010 · Net revenue for the third quarter amounted to SEK 5.1 million (5.5) and for January-September SEK 14.9 million (18.2).* · The net loss for the third quarter totaled SEK 5.2 million (4.7) and for January-September SEK 15.0 million (13.2). · Earnings per stock unit for the third quarter amounted to SEK -0.09 (-0.08) and for January-September SEK -0.25 (-0.22). · Artimplant's own sales continued to increase and were equivalent to 65% (40) of product sales for the third quarter and 59% (30) for January-September. · Artimplant's own sales in the USA have tripled at the same time that revenue from license sales halved compared with January-September 2009. · Artimplant's strategy has been focused on marketing with increased intensity in own sales in the USA. · Artimplant has implemented staff cutbacks equivalent to an annual saving of approximately SEK 5 million once the periods of notice have come to an end. · Study data has been presented which supports the use of Artelon® in a number of treatment applications. Events after the period-end · Artimplant's rights issue was oversubscribed by 89% and, as planned, has generated capital input for the Company of approximately SEK 38.5 million before issue costs. · The issue will increase the number of Series B stocks by 59,244,790, from 58,669,790 to 117,914,580. The number of Series A stocks remains unchanged at 575,000. The total number of stocks after the issue is thus 118,489,580. · The total number of votes following the issue is 123,664,580. N. B. This is a translation from Swedish. The Swedish version shall always take precedence. Artimplant will hold a telephone conference by reason of this report on October 28, 2010 at 11 am (CET). For further information see www.artimplant.com. * Figures in brackets refer to the corresponding period last year For further information, please contact: Hans Rosén, CEO, phone 46 (0)31-746 56 00, 46 (0)708 58 34 70, hans.rosen@artimplant.com (hans.rosen@artimplant.com) Lars-Johan Cederbrant, CFO, phone 46 (0)31-746 56 54, 46 (0)703 01 68 54, lars-johan.cederbrant@artimplant.com (lars-johan.cederbrant@artimplant.c om) Further information is available at www.artimplant.com (http://www.artimplant.com). To subscribe to future press releases please go to www.artimplant.com/investors-media/subscribe-to-press-releases.html (htt p://www.artimplant.com/investors-media/subscribe-to-press-releases.html)
ARTIMPLANT INTERIM REPORT JANUARY - SEPTEMBER 2010
| Source: Artimplant AB