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This was in comparison with EUR11.8m or diluted EPS of EUR0.53 in the first nine months 2008.
Also, operating profit for the period was EUR9.3m, as compared with EUR15.1m in the first nine months 2008.
The company said that the main reason for the change in profits was, as planned, increased investment in proprietary drug development, amounting to EUR11.9m, as compared with a planned investment of EUR3.6m in the first nine months 2008. A Group revenues for the nine months period were up by 8% to EUR57.6m, as compared with EUR53.3m in the first nine months 2008.
For the third quarter of 2009, revenues decreased to EUR19.7m, as compared to EUR20.0m in the third quarter of 2008. Net profit for the quarter was EUR2.6m, as compared with EUR5.5m in the third quarter of 2008.
Also, MorphoSys re-confirmed its financial guidance for 2009 and anticipates total group revenues between EUR80m to EUR85m, and an operating profit of EUR8m to EUR11m.
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