Vivoryon Therapeutics N.V.: Vivoryon Therapeutics Provides Update on Financial Guidance
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DGAP-News: Vivoryon Therapeutics N.V.
/ Key word(s): Miscellaneous
Vivoryon Therapeutics Provides Update on Financial Guidance
Vivoryon and Simcere have entered into a strategic regional licensing partnership to develop and commercialize medicines targeting the neurotoxic amyloid species N3pE (pGlu-Abeta) to treat Alzheimer's disease (AD) in Greater China. Under the terms of the agreement, Vivoryon will receive an undisclosed upfront payment and will also be eligible for payments upon achievement of certain development and sales milestones, with all components amounting to a total of over US$565 M. In addition, Vivoryon will receive double-digit royalties on sales. Further financial details were not disclosed. ### About Vivoryon Therapeutics N.V. Vivoryon Forward Looking Statements
29.06.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
| Language: | English |
| Company: | Vivoryon Therapeutics N.V. |
| Weinbergweg 22 | |
| 06120 Halle/Saale | |
| Germany | |
| Phone: | +49 (0)345 555 9900 |
| Fax: | +49 (0)345 555 9901 |
| E-mail: | contact@vivoryon.com |
| Internet: | www.vivoryon.com |
| ISIN: | NL00150002Q7 |
| WKN: | A2QJV6 |
| Listed: | Regulated Unofficial Market in Berlin, Frankfurt, Munich, Stuttgart; Amsterdam |
| EQS News ID: | 1212936 |
| End of News | DGAP News Service |
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1212936 29.06.2021
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