20th Apr 2023 14:42
Arecor Therapeutics PLC - West Sussex, England-based commercial biotechnology company - Posts total income of GBP3.5 million for 2022, up from GBP1.8 million in 2021. This includes revenue of GBP2.4 million, up from GBP1.2 million. Pretax loss widens to GBP10.5 million from GBP6.9 million. Research & Development costs increase to GBP8.6 million from GBP5.4 million a year earlier. Sales, General & Administrative costs also rise to GBP5.5 million from GBP2.9 million. Looking forward, 2023 will build on the solid platform produced in 2022 and will be "a year of accelerated delivery across the key areas of our business". Read More