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Amsterdam Molecular Therapeutics Derde Kwartaal 2010 Business Update


News provided by

Amsterdam Molecular Therapeutics B.V

Nov 18, 2010, 01:00 ET

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AMSTERDAM, November 18, 2010 /PRNewswire/ -- Amsterdam Molecular Therapeutics (NYSE Euronext: AMT), een vooraanstaande biotechonderneming actief op het gebied van menselijke gentherapie, geeft vandaag haar business update in overeenstemming met de EU transparantierichtlijn. Deze update betreft materiële informatie en AMT's financiële positie voor het derde kwartaal van 2010.

Hoogtepunten in het derde kwartaal:

    
    - Glybera(R):

    - Antwoorden op "Day 120" vragen van de EMA/CHMP worden op
      schema ingediend

    - Formele EMA beoordeling van dossier blijft op schema voor
      een beslissing in 2011.

    - Onderneming haalt EUR14,3 miljoen op middels succesvolle
      uitgifte van aandelen

    - Voortgang van de hemofilie B Fase I/II studie door partner
      St. Jude Children's Research Hospital

    - microRNA: gentherapie die zich richt op het "stilleggen" van
      bepaalde genen verlaagt cholesterol met 80% en komt uitsluitend tot
      expressie in levercellen

    - Raad van Commissarissen versterkt met drie kopstukken uit
      farmaceutische industrie

    - Financiële cijfers in overeenstemming met vooruitzichten

    - Kaspositie van EUR 10,1 miljoen op 30 september 2010; ofwel EUR
      23.2 miljoen pro-forma gerekend met de netto-opbrengst van de
      aandelenemissie van oktober 2010

Business Update

De kaspositie van AMT op 30 september 2010 was EUR 10,1 miljoen vergeleken met EUR 13,5 miljoen op 30 juni 2010. De kasuitstroom in het derde kwartaal van 2010, te weten EUR 3,4 miljoen, vergeleken met EUR 3,6 miljoen in het voorgaande jaar, betrof hoofdzakelijk de operationele kasstroom. AMT had op 30 september 2010 84 werknemers. Totale uitgaven in het derde kwartaal van 2010 waren EUR 4,7 miljoen vergeleken met EUR 4,4 miljoen in dezelfde periode in het voorgaande jaar.

*De kaspositie van het bedrijf is samengesteld uit geldmiddelen en kasequivalenten.

Belangrijke gebeurtenissen na 30 september 2010

Op 6 oktober 2010 kondigde het bedrijf aan dat zij met succes EUR 14,3 miljoen vóór uitgaven had opgehaald door een uitgifte van 8,4 miljoen gewone aandelen, die werden geplaatst voor een prijs van EUR 1,70 per aandeel bij investeerders en management. Na deze emissie en aftrek van kosten, zou AMT een pro forma kaspositie hebben van EUR 23,2 miljoen op 30 september 2010, en 23.504.022 uitstaande aandelen. Als gevolg van de emissie en in overeenstemming met de voorwaarden, werd de conversieprijs van de aandelen uitgegeven in verband met de converteerbare lening in december 2009 verlaagd van EUR 3,91 per aandeel naar EUR 3,69 per aandeel.

Deze business update is niet geaudit.

Over Amsterdam Molecular Therapeutics (AMT) Holding N.V.

AMT is een wereldleider op het gebied van de ontwikkeling van gentherapie met gebruik van adeno-geassocieerde virussen (AAV) voor het transport van therapeutische genen. Haar expertise heeft de onderneming in staat gesteld om waarschijnlijk het eerste stabiele en schaalbare AAV productieplatform te ontwerpen en valideren. Dit geoctrooieerde platform biedt grote mogelijkheden voor de behandeling van een groot aantal (zeldzame) ziekten veroorzaakt door één verkeerd functionerend gen. De pijplijn van AMT omvat momenteel een aantal op AAV gebaseerde therapieën: lipoproteinelipase-deficientie (LPLD), hemofilie B, Duchenne spierdystrofie (DMD), acute intermitterende porfyrie en de ziekte van Parkinson. Deze producten bevinden zich in uiteenlopende stadia van onderzoek en ontwikkeling. AMT is opgericht in 1998 en gevestigd in Amsterdam.

Certain statements in this press release are "forward-looking statements" including those that refer to management's plans and expectations for future operations, prospects and financial condition. Words such as "strategy," "expects," "plans," "anticipates," "believes," "will," "continues," "estimates," "intends," "projects," "goals," "targets" and other words of similar meaning are intended to identify such forward-looking statements. Such statements are based on the current expectations of the management of AMT only. Undue reliance should not be placed on these statements because, by their nature, they are subject to known and unknown risks and can be affected by factors that are beyond the control of AMT. Actual results could differ materially from current expectations due to a number of factors and uncertainties affecting AMT's business. AMT expressly disclaims any intent or obligation to update any forward-looking statements herein except as required by law.

De Nederlandse tekst is een vertaling van het originele Engelstalige bericht. Mocht zich een verschil in de tekst voordoen dan prevaleert de Engelstalige versie.

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