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Merus Labs International Inc

09:58 AM EST - Merus Labs International Inc : announced today its financial results for its fiscal year 2012. For the year ended September 30, 2012, the Company incurred a net loss of $20,720,548 compared to a net loss of $7,553,936 for the year ended September 30, 2011. For fiscal 2012, the earnings before interest, taxes, depreciation and amortization ("EBITDA") was $3,383,219 and the adjusted EBITDA which adds back non-cash share based compensation expense and acquisition costs was $6,116,459. Merus Labs International Inc shares T.MSL are trading unchanged at $1.15.