Poxel Reports Cash and Revenue for the Third Quarter and Nine Months 2024 and Provides Corporate Update [Yahoo! Finance]
SUMITOMO CHEM UNSP/ADR (SOMMY)
NASDAQ:AMEX Investor Relations:
sumitomo-chem.co.jp/english/ir
Company Research
Source: Yahoo! Finance
Poxel expects TWYMEEG ® net sales in Japan in the near term to reach at least JPY 5 billion (EUR 30.6 million) entitling the Company to receive 10% royalties on all TWYMEEG ® net sales and a sales-based payment of JPY 500 million (EUR 3.1 million) Continued discussions with potential partners in parallel of reviewing the clinical development strategy for PXL770 and PXL065 for the treatment of multiple rare diseases As of September 30, 2024, cash and cash equivalents were EUR 13.1 million (USD 14.7 million) Following the non-dilutive financing agreement with OrbiMed, cash runway extension until end of 2025, including the full residual drawdown of the equity-linked financing facility put in place with IRIS LYON, France, November 06, 2024 BUSINESS WIRE )--Regulatory News: POXEL SA (Euronext : POXEL - FR0012432516), a clinical stage biopharmaceutical company developing innovative treatments for chronic serious diseases with metabolic pathophysiology, including metabolic dysfunc
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News
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- Poxel Reports Financial Results for Full Year 2023 and Provides Corporate Update [Yahoo! Finance]Yahoo! Finance
- Poxel Announces Agreement with OrbiMed to Monetize a portion of TWYMEEG® Royalties for USD 50 million [Yahoo! Finance]Yahoo! Finance