May 23 (Reuters) - Pierrel SpA PRL.MI :
* Aims to reach FY 2016 gross revenue of 15.9 million euros
($17.82 million)
* Aims to reach FY 2016 EBITDA of 0.5 million euros
* Board updated its 2016 financial targets on April 20
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* Unit Pierrel Pharma has started clinical trials for
Ubigel, a gel for the treatment of periodontitis
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Further company coverage: PRL.MI
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