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In the first nine months, revenues increased by 59 percent to EUR 7 million compared to EUR 4.4 million in the same period 2004. The loss from operations increased to (EUR 11.9 million) from (EUR 7.8 million) as a result of increased research and development expenses as well as compensation expense from stock options and the expansion of the investor relations and marketing departments. Jerini's wholly-owned subsidiary JPT Peptide Technologies recorded an operating profit of EUR 0.4 million compared to EUR 0.3 million for the previous year.
At the end of September, Jerini had 104 employees. In the next twelve months new positions will be added, mostly in the areas of sales and marketing.
IPO and US Partnership Form the Basis for Further Growth
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Jerini founder and CEO Jens Schneider-Mergener expects continued positive development in the fourth quarter 2005. "Our IPO and subsequent US marketing deal with Kos Pharmaceutical for our lead product Icatibant deal have generated the basis for further growth." 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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