Orexo AB reported consolidated earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, the company reported net revenue was SEK 56.7 million against SEK 109.1 million a year ago. Operating loss was SEK 269.9 million against income of SEK 2.8 million a year ago. Loss for the period attributable to holders of the company was SEK 271.0 million against income of SEK 2.2 million a year ago. Loss per share was SEK 9.07 against earnings per share of SEK 0.09 a year ago. Cash flow used in operating activities was SEK 46.9 million against SEK 29.2 million a year ago. Acquisition of machinery and equipment was SEK 56 million against SEK 1,152 million a year ago. Pre-tax loss was SEK 271.4 million against income of SEK 2.131 million a year ago. Return on equity (negative)was 54%. For the year, the company reported net revenue was SEK 199.6 million against SEK 21.05 million a year ago. Operating loss was SEK 391.5 million against SEK 81.7 million a year ago. Loss for the period attributable to holders of the company was SEK 392 million against income of SEK 89.2 million a year ago. Loss per share was SEK 14.43 against SEK 3.81 a year ago. Cash flow used in operating activities was SEK 117.2 million against SEK 43 million a year ago. Acquisition of machinery and equipment was SEK 4,736 million against SEK 3,438 million a year ago. Pre-tax loss was SEK 339.420 million against income of SEK 89.259 million a year ago. Return on equity (negative) was 78% against 18% a year ago.