May 8, 2020 / 10:47 AM / 20 days ago

BRIEF-Mologen Sells Essential Assets

May 8 (Reuters) - MOLOGEN AG:

* SALE OF THE ESSENTIAL ASSETS

* INSOLVENCY ADMINISTRATOR OF MOLOGEN HAS ACCEPTED OFFER TO SELL A SUBSTANTIAL PART OF MOLOGEN’S ASSETS (IN PARTICULAR DELVOPMENTS ASSOCIATED WITH LEFITOLIMOD AND ENANDIM) TO GILEAD SCIENCES INC

* PURCHASE PRICE WILL PROBABLY ENABLE A DIVIDEND FOR CREDITORS IN INSOLVENCY BUT WILL NOT BE SUFFICIENT TO SATISFY ALL INSOLVENCY CLAIMS IN FULL Source text for Eikon: Further company coverage: (Gdansk Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below