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Formycon AG (FYB.DE)

FYB.DE on Xetra

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Latest Key Developments (Source: Significant Developments)

Formycon And Aristo Pharma Are Founding Joint Venture For Development Of FYB202
Friday, 22 Dec 2017 01:30am EST 

Dec 22 (Reuters) - FORMYCON AG ::PTA-ADHOC: FORMYCON AG: FORMYCON AND ARISTO PHARMA ARE FOUNDING A JOINT VENTURE FOR THE DEVELOPMENT OF FYB202.IS INVOLVED WITH 24.9 PERCENT OF DEVELOPMENT COSTS AND POTENTIAL LICENSING REVENUES FROM MARKETING OF FYB202.  Full Article

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

BRIEF-Formycon FY Net Loss Of EUR 1.58 Mln

* INCREASED FY TURNOVER BY A GOOD 48 PERCENT COMPARED TO PREVIOUS YEAR TO EURO 29.00 MILLION (2016: 19.53 MILLION)