ARTIMPLANT INTERIM REPORT JANUARY - JUNE 2008 Västra Frölunda, Sweden, August 7, 2008 • Net revenue for the second quarter amounted to SEK 3.1 million (4.7) and for the first six months to SEK 5.2 million (8.7)* • The net loss for the first quarter totaled SEK 6.2 million (4.8) and for the first six months SEK 12.3 million (7.7) • Earnings per share for the second quarter amounted to SEK -0.10 (-0.08) and for the first six months to SEK -0.21 (-0.13) • Sales of Artelon® Spacer totaled approximately 1,600 (2,100) units, of which 800 (800) were during the second quarter • Licensees have failed to meet the minimum volumes for the first half of the year • Sales have commenced in the USA through the Company's own sales organization • Over 8,000 patients were treated with Artelon® implants up to and including June 2008 • Clearance has been granted by the Swedish Medical Products Agency regarding the Artelon® Bone Scaffold study for bone replenishment in the upper jaw and the first patient has undergone surgery N.B. This is a translation from Swedish. The Swedish version shall always take precedence. No telephone conference will be held by reason of this report. For further information see www.artimplant.com. * Figures in brackets refer to the corresponding period last year For further information, please contact: Hans Rosén, CEO, phone +46 (0)31-746 56 00, +46 (0)708 58 34 70, hans.rosen@artimplant.com Lars-Johan Cederbrant, CFO, phone +46 (0)31-746 56 54, +46 (0)703 01 68 54, lars-johan.cederbrant@artimplant.com Further information at www.artimplant.com where one also can subscribe to future press releases; www.artimplant.com/investors-media/subscribe-to-press-releases.html About Artimplant Artimplant is a biomaterials company focused on solutions to problems in orthopedic and oral surgery. We restore health through the development, production and marketing of degradable implants that regenerate body functions and improve quality of life. Our products, made from Artelon®, meet unmet clinical needs and are marketed in a growing number of therapy areas. Artimplant produces implants for treatment of osteoarthritis in hands and feet, for shoulder and other soft tissue injuries as well as oral surgery and veterinary medical applications. Artimplant is a public company listed on the OMX Nordic Exchange Stockholm in the Small Cap segment and in the healthcare sector. Forward-looking statements This press release contains forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of risks and uncertainties impacting the Company's business including increased competition; the ability of the Company to expand its operations and to attract and retain qualified professionals; technological obsolescence; general economic conditions; and other risks detailed from time to time in the Company's filings. This is information which Artimplant shall make public pursuant to the Swedish Financial Instruments Act and the Swedish Securities Exchange and Clearing Operations Act and/or stock market agreements. Information was made available for publication on August 7, 2008 at 3pm (GMT+1).
ARTIMPLANT INTERIM REPORT JANUARY - JUNE 2008
| Source: Artimplant AB