Brief: Pharnext FY Net Loss Widens To 23.3 Million Euros

Pharnext SCA

22/04/2020 18:19

April 22 (Reuters) - Pharnext SA  PHARN.PA :
    * PHARNEXT REPORTS FINANCIAL RESULTS FOR YEAR-END 2019
    * AS OF DATE OF THIS PRESS RELEASE, PHARNEXT COLLECTED TOTAL
PROCEEDS OF EUR 4,828,692 FROM EQUITY LINE EXECUTED BY KEPLER
CHEUVREUX SINCE MARCH 31
    * NET CHANGE IN CASH WITHIN 2019 YEAR ENDED DECREASED BY
-EUR 6.5
MILLION AND FINANCIAL DEBT DECREASED BY EUR 26 MILLION
    * FY NET LOSS EUR 23.3 MILLION VERSUS LOSS EUR 21.3 MILLION
YEAR
AGO
    * END-DEC CASH AND CASH EQUIVALENTS EUR 16.2 MILLION VERSUS
EUR
22.8 MILLION YEAR AGO
    * FY OPERATING LOSS EUR 20.0 MILLION VERSUS LOSS EUR 17.9
MILLION
YEAR AGO

Source text for Eikon:  ID:nEQ7Wpw6da 
Further company coverage:  PHARN.PA 

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