Brief: Paion 9M Revenue At EUR 5.5 Million

PAION AG

10/11/2021 06:41

Nov 10 (Reuters) - PAION AG  PA8G.DE :
    * ​​​​​​​PAION AG PUBLISHES GROUP QUARTERLY STATEMENT FOR
THE
FIRST NINE MONTHS OF 2021
    * 9M REVENUE 5.5 MILLION EUR
    * TRANSFORMATION INTO COMMERCIAL SPECIALTY PHARMA COMPANY
FOLLOWING EXPANSION OF EUROPEAN PRODUCT PORTFOLIO; ANGIOTENSIN
II SUCCESSFULLY LAUNCHED IN Q3 2021
    * FINANCIAL POSITION STRENGTHENED TO SUPPORT PRODUCT
LAUNCHES: EUR
7.8 MILLION GROSS PROCEEDS RAISED IN RIGHTS ISSUE AND EUR 20
MILLION LOAN FULLY DRAWN FROM EIB

Source text for Eikon:  ID:nEQ1pSKTha 
Further company coverage:  PA8G.DE 

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