Veloxis Pharmaceuticals A/S (VELOX.CO) News| Reuters.com
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Veloxis Pharmaceuticals A/S (VELOX.CO)

VELOX.CO on Copenhagen Stock Exchange

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27 Jun 2016
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Mon, Jun 13 2016

BRIEF-Veloxis Pharmaceuticals raises DKK 4.1 mln from exercise of warrants

* Capital increase from exercise of warrants amounts to 4.1 million Danish crowns ($620,977)

BRIEF-Veloxis Pharmaceuticals Q1 operating loss at $6.9 mln

* Said on Wednesday Q1 revenue $1.5 million versus $647,000 year ago

BRIEF-Veloxis Pharmaceuticals appoints Michael Thomas Heffernan new chairman

* Board of directors constituted itself with Michael Thomas Heffernan as chairman of board

BRIEF-Veloxis Pharmaceuticals: Johnny Stilou to step down as EVP & CFO

* Johnny Stilou will step down as EVP & Chief Financial Officer as part of the Company's decision to close down all Danish activities and move to the US

BRIEF-Veloxis FY operating loss widens to DKK 197.1 million

* FY revenue 14.2 million Danish crowns ($2.1 million) versus 123.4 million crowns year ago

BRIEF-Veloxis Pharmaceuticals moves Danish activities to the U.S.

* Veloxis Pharmaceuticals has decided to close its office in Hørsholm, Denmark, and move all activities to the U.S. where most of the company's current activities is already located

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