Thursday 25 June 2009

Plethora Solutions sees first half revenue of £15 mln, cash of £3 mln at end-June 2009

Plethora Solutions Holdings PLC (AIM : PLE) said that, following two challenging years, it has successfully rebased its business model during in the first half of the current year, and will report revenues in excess of £15 million for the period and cash resources at June 30 2009 of approximately £3 million.

At today’s AGM, new chairman Bill Robinson told shareholders: “We believe that Plethora is now positioned to develop and grow in the current environment for small pharmaceutical businesses.”

Plethora develops products for the treatment of urological disorders.

www.proactiveinvestors.co.uk

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