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Vexim SA (ALVXM.PA)

ALVXM.PA on Paris Stock Exchange

11.60EUR
29 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Vexim FY operating loss narrows at 3.2 million euros
Wednesday, 22 Mar 2017 02:11am EDT 

Vexim SA : FY operating loss 3.2 million euros ($3.46 million) versus loss of 4.8 million euros year ago . Net loss recorded in 2016, which includes income tax and finance costs of 0.5 million euros, is 2.7 million euros compared to 4.8 million euros in 2015 . Cash position: 9.8 million euros as of December 31st, 2016 (+ 0.3 million euros versus June 30th, 2016) . 2017 objectives: positive net income and operating income throughout the full year . 2017 objectives: perspectives of profitable growth . sales growth of +30 percent to +35 percent (organic) .2017 objectives: US FDA 510(k) filing planned in last quarter for Spinejack.  Full Article

Vexim announces another major step towards SpineJack commercialization in US
Tuesday, 21 Feb 2017 02:00am EST 

Vexim SA : Finalizes recruitment of patients for international clinical study, supporting the 510 (k) regulatory approval application to the FDA .Submission of the regulatory dossier planned by the end of 2017, for a probable launch in the United States in the first half of 2018.  Full Article

Vexim 9M sales rises to €13.3 million euros
Thursday, 13 Oct 2016 02:06am EDT 

Vexim SA :Vexim: +37% sales increase to 13.3 million euros ($14.90 million) as of september 30, 2016 (9 Months).  Full Article

Vexim Q3 revenue up 37 pct at 4.6 mln euros
Tuesday, 12 Jul 2016 12:05pm EDT 

Vexim SA : Q2 revenue 4.6 million euros ($5.1 million) versus 3.4 million euros year ago . H1 revenue 8.6 million euros versus 6.1 million euros year ago .At the end of the Q2 2016, total number of implants sold since launch of the SpineJack came to over 34,300 units.  Full Article

Vexim announces successful private placement of 10.4 mln euros
Thursday, 28 Jan 2016 01:00am EST 

Vexim SA:Announces success of its capital increase through a private placement of 10.4 million euros.Placed 1,269,694 new shares with a nominal value of 0.10 euros at unit price of 8.20 euros.  Full Article

Vexim initiates new clinical study on Spinejack
Tuesday, 12 Jan 2016 02:00am EST 

Vexim SA:Initiates a new clinical study to support safety, efficacy and cost-effectiveness of Spinejack compared to conservative treatment.  Full Article

Vexim SA announces nomination of Steve Swinson as new chairman of board
Monday, 30 Nov 2015 02:00am EST 

Vexim SA:Says nomination of Steve Swinson as new chairman of board of directors.  Full Article

Vexim SA initiates international clinical study with first patient treated to support planned 510(k) application to market SpineJack
Thursday, 4 Jun 2015 01:00am EDT 

Vexim SA:Says the initiation of a new clinical study intended to support the company's application for 510(k) regulatory clearance to market SpineJack in the U.S.  Full Article

Vexim reports excellent 1 yr results of comparative randomized study of Spinejack versus Balloon Kyphoplasty
Friday, 17 Apr 2015 01:00am EDT 

Vexim SA:Vexim reports 1-year results of comparative randomized study of Spinejack versus Balloon Kyphoplasty.Says results of a pilot feasibility study were excellent.Study compares safety and performances of Spinejack to Medtronic Balloon in treatment of vertebral compression fractures in patients with osteoporosis.  Full Article

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BRIEF-Vexim FY operating loss narrows at 3.2 million euros

* FY operating loss 3.2 million euros ($3.46 million) versus loss of 4.8 million euros year ago