Algeta ASA (OSE:ALGETA) to Release Q3 2009 Earnings November 13
Ft Lauderdale, Florida 11/10/2009 12:10 AM GMT (TransWorldNews)
Algeta ASA (OSE:ALGETA) will release the third quarter earnings for 2009 on Friday, November 13. The financial results will be posted on the company’s website at www.algeta.com on the Investors page. Algeta management will host a conference at 2:30 pm CET to discuss the financial results. Joining the call will be President and CEO Andrew Kay, CTO Thomas Ramdahl, and CFO Oystein Soug. Those interested in participating in the call may dial 800.80.119 (Norway) or 47.23.00.04.00 (all other countries). Interested parties who are unable to join the call may hear a replay of the presentation by dialing47.67.89.40.91 and entering the account number 1428#. The listener will be prompted to press 1 and then to enter the conference number 428#, then 1 to play. The replay will also be available on the company’s website.
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Algeta ASA is a Norway-based therapeutics company specializing in nuclear medicine and oncology. The Company’s activities include the development of products and radiopharmaceuticals, based on alpha particle emitters to destroy cancer cells, for the treatment of bone metastases and disseminated tumor types. The Company’s main product candidate, Alpharadin is used for targeting bone metastases resulting from such major cancers as hormone-refractory prostate, breast, lung, kidney and thyroid. Additionally, the Company is recruiting patients for Apharadin’s phase III study, which began in 2008. The Company is also involved in the research and development of the TH-1 preclinical program, where the alpha-emitting radionuclide thorium-227 is linked to cancer-seeking antibodies. As of December 31, 2008, the Company had two wholly owned subsidiaries. The Company collaborates with researchers at The Norwegian Radium Hospital in Oslo, Norway.
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