SkyePharma sees year-end cash ahead of estimates

27 November 2015

UK drug delivery company SkyePharma (LSE: SKP) said its sees cash balance being ahead of expectations at the end of the financial year.

The AIM-listed company said that overall trading is in line with the estimates saying the firm has benefited from higher cash receipts.

SkyePharma said its Flutiform (fluticasone/ formoterol) has now been approved in 38 countries and launched in 30. In addition, applications for marketing authorizations are currently under review in a further 15 countries.

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