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Aandeel Biophytis PSE:ALBPS.FR, FR0012816825

  • 0,002 25 apr 2024 14:10
  • 0,000 (0,00%) Dagrange 0,002 - 0,003
  • 7.179.154

Biophytis in April

5 Posts
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  1. Forecast2006 19 april 2020 22:14
    Press release1
    Biophytis has signed a New Convertible Bond Financing of €24million from Atlas to Continue the Development of Sarconeos (BIO101) Paris, (France), Cambridge (Massachusetts, United States), April 7, 2020, 8:00 a.m. CEST -Biophytis SA (Euronext Growth Paris: ALBPS), a clinical-stage biotechnology company specialized in the development of drug candidates for treatment of aged related diseases, amongst which neuromuscular diseases, announces it has secured a new line of financing that could reach €24 million, raised from Atlas, a specialized investment fund based in New York(United States).The financing instrument allowsthe issuance of 960 Bonds with an option for exchange in Cash and /or conversion into New or Existing Shares (ORNANE), at a par value of €25,000each. The €24milliontotalfinancing can be drawn by Biophytis over the next 3years, without obligation,through 8 successive tranches of €3 million each. This line of financing(“Atlas 2020 Contract”) will enable Biophytis (i) to continue the clinical development of Sarconeos (BIO101) for the treatment of sarcopenia (Phase 2b SARA-INT study) and Duchenne muscular dystrophy (DMD) (start of the MYODA study),and (ii) to launch the new COVA clinical development.
  2. Forecast2006 19 april 2020 22:30
    About BIOPHYTIS
    Biophytis SA is a clinical-stage biotechnology company specialized in the development of drug candidates to slow down degenerative processes and improve functional abilities in patients with age-related diseases, especially neuro muscular diseases.Sarconeos (BIO101), our leading drug candidate, is a small molecule, administered orally, currently in clinical Phase 2b in sarcopenia (SARA-INT) in the United States and Europe. A pediatric formulation of BIO101 is being developed for the treatment of Duchenne Muscular Dystrophy (DMD). The company plans to start the clinical development in H2 2020.Sarconeos (BIO101) will also be developed as a treatment for Covid-19 (Coronavirus) for which the company has filed a clinical trial application with the French Regulatory Authority (ANSM).The company is based in Paris, France, and Cambridge, Massachusetts. The company's common shares are listed on the Euronext Growth Paris market (Ticker: ALBPS -ISIN: FR0012816825). For more information www.biophytis.com.
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