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Jerini CEO Schneider-Mergener: "Our partnership with U.S.-based Kos provides the basis for realizing the excellent market potential of Icatibant in North America."
CFO Modig: "Proceeds from the IPO further strengthen our financial position and enable us to pursue our growth strategy."
The Berlin-based pharmaceutical company Jerini AG reported a 47 percent increase in its third quarter revenues to EUR 2.5 million from EUR 1.7 for the same period in 2004. The G&A expense increased to EUR 2.4 million compared to EUR 0.8 million as a result of the expansion in the investor relations and marketing departments. The loss from operations (EBIT) in the third quarter amounted to (EUR 4.2 million) compared to (EUR 3.0 million) for the third quarter 2004. Net loss decreased during the three months ended September 30, 2005 due to the fair-value adjustment of warrants to (EUR 0.9 million) compared to (EUR 3.1 million) for the third quarter 2004. You will see that you can get a low rate car loan after bankruptcy. Many auto dealers and finance companies provide this kind of service. Avoid the easy buy-here-pay-here financing auto dealers as your payments will not show on your bureau report. We hope your are quite happy with the online lenders on this site. Most offer special financing (second chance) and other service. One thing is for sure; they will try everthing to get you into a new vehicle. They don't make money unless you are driving! It cost nothing to try!
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