Brief: Medigene Sells US-Rights For Veregen, Raises 2017 Guidance

Medigene AG

05/12/2017 15:31

Dec 5 (Reuters) - MEDIGENE AG  MDG1k.DE : 
    * PTA-ADHOC: MEDIGENE AG: MEDIGENE SELLS US-RIGHTS FOR VEREGEN AND RAISES FINANCIAL 
GUIDANCE 2017 
    * EXPECTS REVENUES OF EUR 10.5-11.5 M INSTEAD OF EUR 8-10 M AS PREVIOUSLY GUIDED 
    * EXPECTS 2017 EBITDA-LOSS OF EUR 14-15 M INSTEAD OF EUR 16-18 M 
    * EXPECTS 2017 CASH UTILIZATION OF EUR 20-22 M INSTEAD OF EUR 23-27 M 
 
Source text for Eikon:  ID:nPexGdZBya  
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