Brief: PCI Biotech Updates On Operational Implications Of The Corona Pandemic

PCI Biotech Holding ASA

25/03/2020 09:18

March 25 (Reuters) - PCI Biotech Holding ASA  PCIB.OL :
    * REG-PCI BIOTECH: UPDATE ON OPERATIONAL IMPLICATIONS OF THE
CORONA PANDEMIC
    * HAS A SOLID CASH POSITION, PLACED IN NOK AND EUR
    * NEITHER GOING CONCERN ASSUMPTION NOR PREVIOUSLY REPORTED
PRELIMINARY FULL YEAR 2019 FIGURES ARE IMPACTED BY PANDEMIC
    * FOR FIMAVACC AND FIMANAC PROGRAMMES MAIN IDENTIFIED
IMPLICATIONS
ARE SHORT-TERM DOWNTURN IN BUSINESS DEVELOPMENT ACTIVITIES
    * HAS PER DATE OF THIS ANNOUNCEMENT NOT A COMPLETE PICTURE
OF
LONG-TERM CONSEQUENCES REGARDING TIMELINES AND COSTS FOR RELEASE
STUDY, BUT SHORT-TERM DELAYS AND INCREASED COSTS ARE EXPECTED

Source text for Eikon:  ID:nGNE1H2l8R 
Further company coverage:  PCIB.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 587785110;))