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Formycon AG Fraunhoferstraße 15 82152 Martinsried/Planegg, Germany http://www.formycon.com
Contact Mr Thorsten Schüller +49 89 864667150
Company logo of Formycon AG
Formycon AG

Formycon Publishes Figures for the First Quarter of 2017

(PresseBox) (Munich, )

Sales and Results on Target
Pipeline Value Further Increased


The commercial performance of the biosimilars company Formycon has again advanced as planned in the first quarter of 2017. The development of its four biosimilar projects has progressed as expected and the company's financial key performance indicators have developed as anticipated.

At group level, sales revenues and other earnings totaled Euro 3.38 million (previous year: Euro 6.34 million). During this phase of the company’s growth, sales revenues are directly linked to development expenditure in licensed projects, so this deviation is primarily a result of the reporting date. For the total year the
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.