Brief: Paion 9-mth net loss widens to EUR 20.4 mln

PAION AG

11/11/2015 06:30

Nov 11 (Reuters) - Paion AG  PA8G.DE : 
    * Reports consolidated financial results for the first nine months of 2015 
    * Net loss of 20.4 million euros ($21.92 million) has been incurred in first nine months of 
2015 compared to a net loss of 6.3 million euros in prior-year period 
    * Further concentrates on development of remimazolam and does not expect significant 
revenues in 2015 
    * Sees FY 2015 net loss to increase significantly compared to prior year and amount to 
approximately 27 million to 29 million euros 
 
Source text for Eikon:  ID:nEQ8wkywTa  
Further company coverage:  PA8G.DE  
 
($1 = 0.9308 euros) 
 
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