Photocure ASA: Results for the fourth quarter of 2019
(WorldNews Norway)

Photocure ASA: Results for the fourth quarter of 2019 Oslo, Norway, 27 February 2020: Photocure ASA (OSE:PHO), today reported a revenue growth of 51% for the U.S. market in the fourth quarter of 2019, contributing to Hexvix/Cysview revenues of NOK 58.8 million (Q4 2018: NOK 46.3) and a recurring EBITDA of NOK 1.6 million (NOK 1.3 million). Based on the outlook and strategic opportunities, Photocure targets U.S. revenues in the range of USD 70 million in 2023, and sees significant continued revenue growth and profit opportunities in the U.S. market beyond 2023 `Photocure continued its strong U.S. sales momentum and solid growth in the fourth quarter. We are making great progress in...