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Formycon AG (FYB.DE)

FYB.DE on Xetra

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Latest Key Developments (Source: Significant Developments)

Formycon 9-month Net Loss at 5.11 Million Euros
Monday, 27 Nov 2017 02:00am EST 

Nov 27 (Reuters) - FORMYCON AG ::REPORTS OPERATING AND FINANCIAL RESULTS FOR THE THIRD QUARTER OF 2017.‍EURO 25 MILLION SALES TARGET FOR WHOLE OF 2017 CONFIRMED​.‍IN FIRST THREE QUARTERS, FORMYCON AG AS ACTUAL OPERATIONAL UNIT ACHIEVED A TURNOVER OF EURO 7.41 MILLION​.‍FORMYCON AG 9-MONTH EBITDA EUR -4.48 MILLION, OPERATING RESULT AT EUR -5.07 MILLION, AND NET EARNINGS AT EUR -5.11 MILLION​.  Full Article

Formycon confirms management board members until mid-2022
Thursday, 16 Nov 2017 02:06am EST 

Nov 16 (Reuters) - FORMYCON AG ::DGAP-NEWS: FORMYCON AG: FORMYCON SETS COURSE FOR THE FUTURE AND CONFIRMS MANAGEMENT BOARD MEMBERS UNTIL MID-2022.‍CONTRACTS OF CEO CARSTEN BROCKMEYER AND CFO NICOLAS COMBÉ EXTENDED UNTIL JUNE 30, 2022​.‍APPOINTMENT OF COO STEFAN GLOMBITZA REMAINS UNCHANGED​.  Full Article

Formycon H1 loss widens to 2.88 million euros
Friday, 29 Sep 2017 02:03am EDT 

Sept 29 (Reuters) - FORMYCON AG ::CLINICAL PHASE III STUDY WITH FYB201 CONTINUES ACCORDING TO PLAN‍​.‍GROUP PERIOD RESULT AT END OF JUNE 2017 STOOD AT EURO -2.91 MILLION COMPARED TO EURO -1.18 MILLION DURING SAME PERIOD LAST YEAR​.IMPLEMENTATION OF DEVELOPMENT COOPERATION AGREEMENT FOR THE FYB202 PROJECT ANTICIPATED FOR SECOND HALF OF THE YEAR.‍TURNOVER OF EURO 4.80 MILLION (PREVIOUS YEAR: 7.05 MILLION) DURING H1, WITH RESULT FROM FIRST HALF-YEAR BEING EURO -2.88 (-1.23) MILLION​.  Full Article

Formycon signs term sheet for development of FYB202
Monday, 24 Jul 2017 02:00am EDT 

July 24 (Reuters) - FORMYCON AG ::SIGNS TERM SHEET FOR DEVELOPMENT OF FYB202 AND CARRIES OUT CAPITAL INCREASE.GROSS PROCEEDS FROM CAPITAL INCREASE OF EUR 6.00 MILLION AS PART OF A PRIVATE PLACEMENT.PLACED 0.2 MILLION NEW SHARES FROM AUTHORIZED CAPITAL WITH SELECTED INSTITUTIONAL INVESTORS AT A PRICE OF EUR 31.50 PER SHARE.FORMYCON BRINGS IN FYB202; FORMYCON WILL BE INVOLVED IN COSTS AND REVENUES WITH UP TO 30% AND SANTO WITH AT LEAST 70%.  Full Article

Formycon Q1 EBITDA loss widens to 0.51 million euros
Tuesday, 30 May 2017 01:30am EDT 

May 30 (Reuters) - FORMYCON AG ::FORMYCON PUBLISHES FIGURES FOR THE FIRST QUARTER OF 2017.Q1 ‍SALES REVENUES AND OTHER EARNINGS TOTALED EURO 3.38 MILLION (PREVIOUS YEAR: EURO 6.34 MILLION)​.Q1 ‍EBITDA WAS EURO -0.51 MILLION (EURO -0.02 MILLION) BASED ON A QUARTERLY RESULT OF EURO -0.71 MILLION (EURO -0.19 MILLION)​.Q1 ‍REVENUES FROM SALES AND OTHER EARNINGS AT FORMYCON AG TOTALED EURO 2.16 MILLION. QUARTERLY RESULT STOOD AT EURO -0.77 MILLION​.  Full Article

Formycon FY net result turns to loss of 4.1 mln euros
Wednesday, 3 May 2017 01:35am EDT 

May 3 (Reuters) - Formycon AG ::In FY group increased its turnover by more than 15 percent compared to previous year to 19.5 million euros ($21.31 million) (2015: 16.9 million euros).FY group's EBITDA was -3.37 million euros (2015: positive 1.47 million euros), with net loss for year being -4.07 million euros (2015: profit of 0.58 million euros).In FY Formycon AG as group's actual operational unit achieved a turnover of 13.9 million euros (2015: 13.6 million euros).For 2017 financial year, anticipates an annual turnover in region of 25 million euros.  Full Article

Formycon H1 turnover down at 8.76 mln euros
Tuesday, 20 Sep 2016 01:28am EDT 

Formycon AG : H1 turnover was 8.76 million euros ($9.79 million), compared to 9.82 million euros in same period previous year . Annual result is greatly dependent on whether FYB202 project will be partnered in 2016 . H1 operating result stood at -1.17 million euros compared to 1.5 million euros during same period last year .Company continues to anticipate a rise in turnover to over 20 million euros for current year.  Full Article

Formycon Q1 sales revenues and other earnings at 6.34 mln euros
Thursday, 19 May 2016 01:38am EDT 

Formycon AG : From January to March, EBITDA was -0.02 million euros (-0.3 million euros) based on a quarterly result of -0.19 million euros (-0.57 million euros) . Q1 at group level, sales revenues and other earnings totaled 6.34 million euros ($7.11 million), which represents an increase of 3.34 million euros . As already communicated, we anticipate a growth in sales to over 20 million euros for whole year at group level .Annual result will depend greatly on time at which we partner our fyb202 project.  Full Article

BRIEF-Formycon 9-month Net Loss at 5.11 Million Euros

* REPORTS OPERATING AND FINANCIAL RESULTS FOR THE THIRD QUARTER OF 2017