Brief: Adocia Q1 revenue rises to 19.4 million euros

Adocia SA

18/04/2017 06:31

April 18 (Reuters) - Adocia SA  ADOC.PA : 
    * Cash position of 52 million euros ($55.34 million) at 
March 31, 2017 
    * Q1 revenue 19.4 million euros versus 6.8 million euros 
year ago 
    * Expects in next few months to receive reimbursement of 
research and tax credit for 2016 expenses that should favorably 
impact its cash position by 7.8 million euros 
    * Preparing a dose-response study in people with type 1 
diabetes, which should start during second quarter of 2017 
    * Regarding biochaperone combo, expects results of ongoing 
clinical study phase 1/2 monitoring postprandial glycemic 
control in people with type 2 diabetes in Q2 2017 
 
Source text for Eikon:  ID:nBw5f4BQma  
Further company coverage:  ADOC.PA  
 
($1 = 0.9397 euros) 
 
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