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CTX.TO - Crescita Therapeutics


snowball82

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Just to mention if people are interested, Crescita reported very positive Q4 & 2018 results recently: http://crescitatherapeutics.mediaroom.com/2019-03-21-Crescita-Therapeutics-Reports-Fourth-Quarter-and-Fiscal-2018-Results-Record-Annual-Revenue-of-16-6M-and-Adjusted-EBITDA-of-1-5M-Strong-Royalties-and-Sales-Milestones

 

Then also today announced the re-acquisition of the RoW rights for Pliaglis and an out-licensing deal for 4 European countries, which I think sounds very positive: http://crescitatherapeutics.mediaroom.com/2019-04-25-Crescita-Therapeutics-Signs-Pliaglis-R-Out-Licensing-Agreement-with-Cantabria-Labs-for-EUR2-5M-Upfront-After-Reacquiring-Rest-of-World-Rights

 

 

 

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Record revenue announced recently but the largest shareholder (GUD) sold some shares.

 

Adjusted EBITDA of $5 Million. Record revenue of $9.4 million, an increase of $7 million or 305 % vs Q2-2018. Q2-2019 revenue included $5.5 million in up-front payments and guaranteed future minimum royalties, both related to the out-licensing agreement with Cantabria.

 

http://crescitatherapeutics.mediaroom.com/2019-08-08-Crescita-Reports-Profitable-2019-Second-Quarter-Results

 

 

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