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Formycon AG
ISIN: DE000A1EWVY8
WKN: A1EWVY
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Formycon AG · ISIN: DE000A1EWVY8 · EQS - Company News (161 News)
Country: Germany · Primary market: Germany · EQS NID: 1893723
02 May 2024 07:30AM

Formycon hosts conference call on the results of the first quarter 2024


EQS-News: Formycon AG / Key word(s): Quarterly / Interim Statement/Conference
Formycon hosts conference call on the results of the first quarter 2024

02.05.2024 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.


Press Release // May 02, 2024

Formycon hosts conference call on the results of the first quarter 2024

Planegg-Martinsried – Formycon AG (FWB: FYB, 'Formycon') today announced details of the conference call to release the results of the first quarter 2024 on May 08, 2024. The management board will discuss the company's developments and key financial figures and will provide an outlook for the year 2024. The conference call, which will be broadcasted live on the internet, will take place on May 08, 2024, at 3:00 PM (CEST) in English.

To join via phone, please register at:
https://webcast.meetyoo.de/reg/f7ngieeBvHNo

You will then receive a confirmation email with the telephone number, access code and PIN to access the call.

The presentation and audio can be accessed via the following webcast link:
https://www.webcast-eqs.com/formycon-2024-q1

Following a short presentation, the Executive Board will be available to answer analysts’ questions. A recording of the conference call can subsequently be accessed via the Formycon website at: https://www.formycon.com/en/investor-relations/facts-figures/

Formycon in dialogue

In addition, representatives of the Executive Board will participate in the following international investor conferences in the coming weeks:

May 13 – 15, 2024
Equity Forum Spring Conference 2024
Dr. Stefan Glombitza (CEO)
Frankfurt

May 15 – 17, 2024
Hauck Aufhäuser Stockpicker Summit
Enno Spillner (CFO)
Kitzbühel

May 21 – 23, 2024
Berenberg European Conference
Enno Spillner (CFO)
New York City

June 3, 2024
mwb Research Roundtable
Dr. Stefan Glombitza (CEO), Enno Spillner (CFO), Nicola Mikulcik (CBO), Dr. Andreas Seidl (CSO)
Virtual

June 5 – 6, 2024
Jefferies Global Healthcare Conference
Enno Spillner (CFO)
New York City

June 6 – 7, 2024
Warburg Highlights
Dr. Stefan Glombitza (CEO)
Hamburg

June 25 – 27, 2024
Stifel European Healthcare Summit
Enno Spillner (CFO)
Lyon

Please find our current Events at:
https://www.formycon.com/en/investor-relations/calendar/


About Formycon:
Formycon AG (FSE: FYB) is a leading, independent developer of high-quality biosimilars, follow-on products of biopharmaceutical medicines. The company focuses on therapies in ophthalmology, immunology, immuno-oncology and other key disease areas, covering almost the entire value chain from technical development through clinical trials to approval by the regulatory authorities. For commercialization of its biosimilars, Formycon relies on strong, well-trusted and long-term partnerships worldwide. With FYB201/Ranibizumab, Formycon already has a biosimilar on the market in Europe and the USA. Another five biosimilar candidates are currently in development. With its biosimilars, Formycon is making an important contribution to providing as many patients as possible with access to highly effective and affordable medicines. Formycon AG is headquartered in Munich and is listed on the Frankfurt Stock Exchange: FYB / ISIN: DE000A1EWVY8 / WKN: A1EWVY. Further information can be found at: https://www.formycon.com/


About Biosimilars:
Since their introduction in the 1980s, biopharmaceutical drugs have revolutionized the treatment of serious and chronic diseases. By 2032, many of these drugs will lose their patent protection – including 45 blockbusters with an estimated total annual global turnover of more than 200 billion US dollars. Biosimilars are successor products to biopharmaceutical drugs for which market exclusivity has expired. They are approved in highly regulated markets such as the EU, the USA, Canada, Japan and Australia in accordance with strict regulatory procedures. Biosimilars create competition and thus give more patients access to biopharmaceutical therapies. At the same time, they reduce costs for healthcare providers. Global sales of biosimilars currently amount to around 21 billion US dollars. Analysts assume that sales could rise to over 74 billion US dollars by 2030.

Contact:
Sabrina Müller,
Director Investor Relations & Corporate Communications,
Formycon AG
Fraunhoferstr. 15
82152 Planegg-Martinsried
Germany

Tel.: +49 (0) 89 - 86 46 67 149
Fax: + 49 (0) 89 - 86 46 67 110
Sabrina.Mueller@formycon.com


Disclaimer:
This press release may contain forward-looking statements and information which are based on Formycon’s current expectations and certain assumptions. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, performance of the company, development of the products and the estimates given here. Such known and unknown risks and uncertainties comprise, among others, the research and development, the regulatory approval process, the timing of the actions of regulatory bodies and other governmental authorities, clinical results, changes in laws and regulations, product quality, patient safety, patent litigation, contractual risks and dependencies from third parties. With respect to pipeline products, Formycon AG does not provide any representation, warranties or any other guarantees that the products will receive the necessary regulatory approvals or that they will prove to be commercially exploitable and/or successful. Formycon AG assumes no obligation to update these forward-looking statements or to correct them in case of developments which differ from those anticipated. This document neither constitutes an offer to sell nor a solicitation of an offer to buy or subscribe for securities of Formycon AG. No public offering of securities of Formycon AG will be made nor is a public offering intended. This document and the information contained therein may not be distributed in or into the United States of America, Canada, Australia, Japan or any other jurisdictions, in which such offer or such solicitation would be prohibited. This document does not constitute an offer for the sale of securities in the United States.

 



02.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Formycon AG
Fraunhoferstraße 15
82152 Planegg-Martinsried
Germany
Phone: 089 864667 100
Fax: 089 864667 110
Internet: www.formycon.com
ISIN: DE000A1EWVY8
WKN: A1EWVY
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1893723

 
End of News EQS News Service

1893723  02.05.2024 CET/CEST

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EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

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