Picture of Lipigon Pharmaceuticals AB logo

LPGO — Lipigon Pharmaceuticals AB News Story

0.000.00%
se flag iconLast trade - 00:00
HealthcareHighly SpeculativeMicro CapSucker Stock

Brief: Lipigon Pharmaceuticals Aims To Reduce Cost Base By Two-Thirds

Feb 16 (Reuters) - Lipigon Pharmaceuticals AB LPGO.ST:

DECIDED ON COST-CUTTING MEASURES AIMED AT REDUCING COST BASE BY ABOUT 65%

EVALUATION OF  STRATEGIC ALTERNATIVES CONTINUES

IF STRATEGIC REVIEW DOES NOT RESULT IN SATISFACTORY OUTCOME, BOARD MAY NEED TO FILE FOR  BANKRUPTCY

COST-SAVING PROGRAM IS EXPECTED TO REACH FULL EFFECT FROM Q4 2026

Source text: ID:nBQN7d9M1S

Further company coverage: LPGO.ST

 (Gdansk Newsroom)

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

Recent news on Lipigon Pharmaceuticals AB

See all news