1998
Financial Statements
| The following information is excerpted from Noven's 1998 Annual Report to Shareholders. |
|
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Notes
to Financial Statements
Years
Ended December 31, 1998, 1997 and 1996
Note Payable
In December 1998, Noven entered into a note for $201,000 to finance Noven’s annual insurance premium at a rate of 5.5%. At December 31, 1998, the balance on the note was $179,000. All principal and interest is due by August 1999.
Copyright © 1999 Noven Pharmaceuticals, Inc. All rights reserved.