PhotoCure ASA (LTS:0IMT)
kr 48.95 -0.35 (-0.71%) Market Cap: 1.34 Bil Enterprise Value: 1.05 Bil PE Ratio: 88.47 PB Ratio: 2.50 GF Score: 79/100
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Q3 2020 Photocure ASA Earnings Call Transcript

Nov 10, 2020 / 01:00PM GMT
Release Date Price: kr83.9 (+1.57%)
Daniel Schneider
Photocure ASA - President & CEO

All right. Great. Well, good afternoon and good morning to those in the U.S., and good afternoon to those in Norway and other parts of Europe. My name is Dan Schneider. I'm the President and CEO of Photocure. With me today is Erik Dahl, CFO, and we're here to present the Photocure ASA results for third quarter of 2020.

Next slide. Typical disclaimers are in place for today's presentation.

Next slide. So just to give you a brief overview, and I'm proud to say that we can now claim this. We have direct sales, both in Europe and the U.S., beginning on October 1 in Europe and worldwide rights and partnerships throughout the globe. We are now actually approved and in use in over 30 countries across the world. We have over 100 employees now that we've absorbed and built out the European operations. We treated well over 0.5 million patients in total. Revenues in 2019 were approximately $32 million. The map to the right shows where we're direct, which is the darker blue, the purple is partner countries, and you can see Chile down on the far

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