Brief: Adocia End-2023 Net Cash Position At 13.0 Million Euros

Adocia SA

27/02/2024 17:00

Feb 27 (Reuters) - Adocia SA  ADOC.PA :
    * FY REVENUE EUR 2.15 MILLION, DOWN VERSUS EUR 11.45 MILLION
YEAR
AGO
    * Q4 REVENUE EUR 0.20 MILLION, DOWN VERSUS EUR 1.70 MILLION
YEAR
AGO
    * END-2023 NET CASH POSITION OF EUR 13.0 MILLION
    * END-2023 NET FINANCIAL DEBT AT EUR 5.7 MILLION
    * BC LISPRO: LAST PATIENT LAST VISIT EXPECTED IN H2 OF 2024,
WOULD
TRIGGER PAYMENT PROCESS OF $10 MILLION TO ADOCIA
    * BC COMBO: TREATMENT OF FIRST PATIENT IN FIRST PHASE 3
EXPECTED
IN 2024, WOULD TRIGGER $10 MILLION MILESTONE PAYMENT TO ADOCIA

Source text for Eikon:  ID:nBw8rLkwqa 
Further company coverage:  ADOC.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))