Zeltia : Grupo Zeltia Reports First Quarter 2015 Financial Results

PR 1Q_2015

Grupo Zeltia Reports First Quarter 2015 Financial

Results

• Yondelis® revenues totalled 19.8 million euro, the highest quarterly figure since marketing of the drug began.

• Group EBITDA amounted to 9.5 million euro, following a 19% increase in R&D expenditure, which reflects the clinical progress with the pipeline.

Madrid, 27 April 2015: Grupo Zeltia obtained 34.9 million euro in sales in the first quarter, compared with 34.2 million euro in the same period last year. Sales increased in both biopharmaceuticals and consumer chemicals in 1Q15. Net sales in the biopharmaceutical sector amounted to 21.1 million euro (vs. 20.9 million euro in 1Q14). Within that figure, Yondelis® accounted for 19.8 million euro (vs. 19.7 million euro in 1Q14), the drug's best quarterly sales figure since it reached the market.
Net sales of consumer chemicals in the first quarter totalled 13.6 million euro, an increase of 4% with respect to the same period last year, due to the gradual recovery in demand in Spain, which may herald a change in trend in the domestic market.
Zeltia's other operating revenues (which include revenues from licensing agreements, such as milestone payments, as well as royalties and subsidies) totalled 11.1 million euro, compared with 18.9 million euro in 1Q14.

During 1Q15, the group also collected a 10 million dollar milestone payment under an agreement signed with Janssen Products LP in 2011. The milestone payment in
2014 was 25 million dollars.
As a result, group EBITDA in 1Q15 amounted to 9.5 million euro, compared with
19.4 million euro in 1Q14. The company expects to receive additional payments this year for reaching various milestones as set out in licensing contracts with partners Janssen Products LP and Taiho Pharmaceuticals. These milestones are related to the approval of sales authorisation dossiers that our partners have submitted to their respective regulatory authorities in the US and Japan. Attributable income amounted to 6.5 million euro, compared with 16.9 million euro in 1Q14.

About Zeltia

Zeltia S.A. is a world-leading biopharmaceutical company specialised in the development of marine- based drugs for use in oncology. Grupo Zeltia consists mainly of the following companies: PharmaMar, the world-leading biotechnology company in advancing cancer care through the discovery and development of innovative marine-derived medicines; Genómica, Spain's leading molecular diagnostics company; Sylentis, dedicated to researching therapeutic applications of gene silencing (RNAi); and a chemical division comprising Zelnova and Xylazel, two highly profitable companies that are leaders in their respective market segments.

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