DBV Technologies' stock slides as financial woes worsens [Yahoo! Finance]
DBV Technologies S.A. - American Depositary Shares (DBVT)
US:NASDAQ Investor Relations:
dbv-technologies.com/en/investor-relations
Company Research
Source: Yahoo! Finance
Noted as part of its third quarter (Q3) earnings report, the company cited operating losses and negative cash flows since the company's inception as the reason for the low cash reserves. The French biotech's lead candidate, peanut allergy treatment Viaskin Peanut, has till date failed to secure US regulatory approval. DBV noted that it intends to “seek additional capital as it continues research and development (R&D) efforts and prepares for the launch of Viaskin Peanut if approved.” While cautioning its investors that the company could not guarantee that it could secure financing at favourable terms, if at all. Adding DBV may need to scale back operations, by delaying or reducing its R&D operations, or may relinquish the rights to its pipeline candidates, if it fails to secure financing. DBV's stock dropped by more than 8.17% in trading today (7 November) on the Euronext market. The company reported cash reserves of $46.4m as of 30 September, down by $92.2m from the cash on hand
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High impacting DBV Technologies S.A. - American Depositary Shares news events
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DBVT
News
- DBV Technologies S.A. (NASDAQ: DBVT) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- DBV Technologies Announces Plan to Implement ADS Ratio ChangeGlobeNewswire
- DBV Technologies GAAP EPS of -$0.32 beats by $0.03 [Seeking Alpha]Seeking Alpha
- DBV Technologies Reports Third Quarter 2024 Financial ResultsGlobeNewswire
- DBV Technologies S.A. (NASDAQ: DBVT) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
DBVT
Earnings
- 11/6/24 - Beat
DBVT
Sec Filings
- 11/14/24 - Form SC
- 11/12/24 - Form 8-K
- 11/12/24 - Form F-6
- DBVT's page on the SEC website