Biora AB Announces Year End Report 2000.Business Editors MALMO, Sweden--(BUSINESS WIRE)--Feb. 8, 2001 Biora AB (publ)(NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BIORY)(SSE (1) An earlier full-screen editor in OS/2. (2) (Streaming SIMD Extensions) A series of additional instructions built into Pentium CPU chips for improved multimedia performance by performing mathematical operations on multiple sets of data at the :BIOR)
Percent
2000 1999 Change
Net sales, SEK millions 89.2 73.6 +21
Operating loss, SEK millions - 78.7 - 91.8
Net loss, SEK millions - 76.1 - 86.7
-- Sales during 2000 increased by 21 percent to SEK 89.2 million (compared to
SEK 73.6 million for the same period in 1999). The increase during the year
occurred mainly in the U.S. market (+ 51%).
-- Emdogain Gel, a further development of Emdogain that offers an easy-to-use
treatment, is now approved by the Food and Drug Administration (FDA) in the
U.S.
-- The Board of Directors will recommend that the stockholders at the annual
meeting give the Board authority, if deemed necessary, for a new issue of
shares at an appropriate time.
-- Two projects to investigate new areas of use for enamel matrix proteins
within the dental area have been initiated during 2001
-- The Japanese registration authorities view favorably an expedited process
for registration of Emdogain Gel
Biora develops, manufactures and sells pharmaceutical products to dentists and dental hygienists. Its principal product, Emdogain(R), which is approved for sale in Europe, North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and Japan, naturally regenerates the tooth supporting structure that the tooth has lost due to periodontitis periodontitis Inflammation of soft tissues around the teeth (see tooth). Poor dental hygiene leads to deposition of bacterial plaque on the teeth below the gum line, irritating and eroding nearby tissues. . Biora's American Depository The place where a deposit is placed and kept, e.g., a bank, savings and loan institution, credit union, or trust company. A place where something is deposited or stored as for safekeeping or convenience, e.g., a safety deposit box. Shares are listed on the Nasdaq National Market in the USA and Biora's ordinary shares are listed on the "O-list" of the Stockholm Stock Exchange The Stockholm Stock Exchange (Swedish: Stockholmsbörsen) is a stock exchange located in Stockholm, Sweden. Founded in 1863 [1] it is the primary securities exchange of the Nordic Countries. in Sweden. www.biora.com for full detailed report |
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