Notice of Results/Trdg Update

Fulcrum Pharma PLC 15 November 2007 FULCRUM PHARMA PLC ('the Company') Notice of Results and trading update Fulcrum Pharma plc (AIM: FUL), the drug development and regulatory services company, announces that it expects to announce its final results for the year ended 31 August 2007 on 22nd November 2007. The Company is also pleased to provide a further trading update and guidance on the results for the year ended 31 August 2007. Group sales for the year ended 31 August 2007 are expected to be in line with expectations as is the operating profitability of the Group, other than at the recently acquired Unicus Regulatory Services Ltd ('Unicus'). As indicated in the Company's announcement of 15 August 2007, Unicus' sales in the initial period after acquisition were below forecast and, whilst Unicus has returned to profitability, the losses are greater than originally anticipated. However a cash amount, reflecting these further losses, has been recovered from the vendor as a refund of consideration pursuant to the terms of the Unicus sale and purchase agreement. As previously announced, the Group's Japanese subsidiary has a full order book for the next two years based on current capacity and the strength of the Group's US business has recently been confirmed by its return to profitability and the opening of a new office in Ann Arbor, Michigan. Jon Court, Chief Executive of Fulcrum Pharma, said: 'Going forward we remain optimistic about the Group's performance based on a strong order book and Unicus' return to profitability.' For further information, please contact: Fulcrum Pharma PLC Jon Court, Chief Executive Tel: 0870 710 7152 Seymour Pierce Jonathan Wright Tel: 0207 107 9000 About Fulcrum Pharma plc Fulcrum Pharma plc is a drug development and regulatory services business that provides global expertise to achieve drug development and regulatory approval milestones. Fulcrum Pharma offers immediate access to a highly credible, integrated development team that provides strategic and operational leadership required to ensure that new drugs move smoothly from discovery research to product approval Fulcrum Pharma is listed on the AIM Market of the London Stock Exchange having successfully floated in March 2000. This information is provided by RNS The company news service from the London Stock Exchange
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