Brief: Paion FY revenues up at 4.3 million euros

PAION AG

07/02/2017 07:52

Feb 7 (Reuters) - Paion AG  PA8G.DE  
    * Capital increase; preliminary, unaudited key group 
financial figures for 2016 
    * Net loss in 2016 amounted to 20.1 million euros (previous 
year: net loss of 28.2 million euros) 
    * Revenues in 2016 amounted to 4.3 million euros (previous 
year: 0.1 million euros) 
    * Cash and cash equivalents amounted to 30.1 million euros 
as of 31 december 2016 (31 december 2015: 32.7 million euros) 
    * Should development, filing and approval through cosmo in 
procedural sedation in U.S. go according to plan, paion will not 
need additional funding to bring remimazolam to U.S. Market 
 
Source text for Eikon:  ID:nEQ45LwGJ  
Further company coverage:  PA8G.DE  
 
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