Brief: Pharmasimple: Suspension Of OCA Drawdowns From Oct For At Least 6 Months

Pharmasimple SA

29/09/2022 06:07

Sept 29 (Reuters) - Pharmasimple SA  ALPHS.PA :
    * SUSPENSION OF OCA DRAWDOWNS FROM OCTOBER 2022 FOR A
MINIMUM
PERIOD OF 6 MONTHS
    * DISCUSSIONS INITIATED WITH FINANCIAL PARTNERS, INCLUDING
ALPHA
BLUE OCEAN, TO FIND ADDITIONAL NON-DILUTIVE FINANCING
    * SUSPENSION CONCERNS ALPHA BLUE OCEAN
    * COMPLETION OF THIS RESTRUCTURING COMBINED WITH RAMP-UP OF
NEW
MODEL ALLOWS CO TO CONFIDENTLY LOOK FORWARD TO A RETURN TO
GROWTH

Source text for Eikon:  ID:nACT76421 
Further company coverage:  ALPHS.PA 
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