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(AGI.L) AGI Therapeutics PLC Buy/Sell

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(AFX UK Focus) 2009-09-22 07:23
BRIEF-AGI Therapeutics to focus on U.S. in business shake-up
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DUBLIN, Sept 22 (Reuters) - AGI Therapeutics Plc:

  • TO IMPLEMENT A REVISED BUSINESS STRATEGY WHICH HAS BEEN ENDORSED BY THE
    board.

  • WILL FOCUS ITS PRIMARY EFFORTS ON THE US MARKET

  • WILL FOCUS ON THE DEVELOPMENT OF SPECIALTY PRODUCTS WHERE THERE IS AN UNMET
    medical need.

  • WILL AIM TO BRING PRODUCTS TO THE MARKET EITHER DIRECTLY OR THROUGH
    out-licensing to or partnering with established pharmaceutical companies

  • A DETAILED OPERATIONAL PLAN IS NOW BEING DEVELOPED AROUND CORE PRODUCTS, REZULAR AND AGI-004

  • H1 LOSS PER ORDINARY SHARE $0.14 CENTS (2008: $0.13 CENTS) (Dublin Newsroom; + 353 1 500 1529)

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