SkyePharma sees year-end cash ahead of estimates
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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