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Ark sails forward
17-05-2011 10:39
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Specialist healthcare group, Ark Therapeutics, said it was well placed to deliver on its 2011 objectives.
The firm said there had been no significant changes in its financial position announced in March of £10.6m in cash and money market investments.
"In our strategic restructuring announcement of 9 September 2010, we identified a number of short term objectives and were pleased to deliver on the first of these, the sale of the majority of our wound care business, in the period," said Martyn Williams, chief executive of Ark.
"We have seen real progress across all our activities and believe we are well placed to deliver on the remaining objectives we have set ourselves for this year," he added.
The firm said there had been no significant changes in its financial position announced in March of £10.6m in cash and money market investments.
"In our strategic restructuring announcement of 9 September 2010, we identified a number of short term objectives and were pleased to deliver on the first of these, the sale of the majority of our wound care business, in the period," said Martyn Williams, chief executive of Ark.
"We have seen real progress across all our activities and believe we are well placed to deliver on the remaining objectives we have set ourselves for this year," he added.
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