Alltracel makes €8.3m in half-year revenue

Dublin-based medical and health care research company Alltracel Pharmaceuticals today reported half year revenue of €8

Dublin-based medical and health care research company Alltracel Pharmaceuticals today reported half year revenue of €8.3 million.

In a trading statement, the company - which specialises in oral care and cholesterol-control devices - said the results were in line with expectations and that it expects full-year revenues to be in excess of €21 million.

Alltracel said its m-doc partnership programme continues to expand as co-branded agreements were concluded for leading local brands in Brazil and Holland deals.

The company also said its oral care private label revenues were marginally ahead of expectations.

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It announced the appointment of Dr Patrick Wall to the newly created position of chairman of the group's Scientific Advisory Board.