Interim report January - June 2007 • Net sales in the second quarter amounted to 131.1 MSEK (128.3) and to 250.0 MSEK (249.0) in the period January - June. At comparable exchange rates and excluding the Chem Dev product area which is being closed down sales increased by 8% in both periods. • The operating result for the second quarter amounted to 11.1 MSEK (-2.2). The operating result for the first six months 2007 amounted to 18.3 MSEK (-14.3). • Profit after tax for the second quarter amounted to 38.1 MSEK (4.0) and earnings per share to 0.43 SEK (0.04). • In the second quarter capitalization of deferred income taxes recoverable was made to the amount of 27.6 MSEK. • For the period January - June 2007 net profit amounted to 45.3 MSEK (-16.8) and earnings per share to 0.51 SEK (-0.19). • Biotage has signed an agreement with one of China's leading contract research companies, Shanghai Chempartner Co., Ltd. concerning the delivery of instruments. The order has a value of approx. 10 million SEK, making this Biotage's single largest order from China to date. • A new market segment, Molecular Imaging, was introduced. For further information, please contact: Torben Jörgensen, president and CEO, phone: +46 707 49 05 84 Mats-Olof Wallin, CFO, phone: +46 705 93 52 73 About Biotage Biotage is a global company active in life science research with strong technologies, a broad range of operations and a long-term view of the market. The company offers solutions, knowledge and experience in the areas of genetic analysis and medicinal chemistry. In 2005 business and products from the company Argonaut were acquired, further strengthening the product range in medicinal chemistry. The customers include the world's top 30 pharma companies, the world's top 20 biotech companies, and leading academic institutes. The company is headquartered in Uppsala and has subsidiaries in the U.S., Japan, UK, Germany and several other European countries. Biotage has 332 employees and had sales of 520 MSEK in 2006. Biotage is listed on the Stockholm stock exchange. Website: www.biotage.com
Interim report January - June 2007
| Source: Biotage AB