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Adolor Corporation Reports Second Quarter 2009 Financial Results
Adolor Corporation, 07/30/09
Adolor Corporation reported net product sales of ENTEREG for the three and six months ended June 2009 of approximately $2.4 million and $3.8 million, respectively, on total net shipments of approximately $2.9 million and $4.9 million, respectively. Under Adolor’s current revenue recognition policy, revenue related to a customer shipment is deferred until subsequent re–orders by that customer. As of June 2009, there were approximately 450 repeat–order hospitals for ENTEREG, up from 300 at March 2009.
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