March 9, 2020 / 5:53 PM / in 20 days

BRIEF-Neovacs Obtains 6-Month Extension Of Its Observation Period

March 9 (Reuters) - NEOVACS SA:

* EXTENSION OF OBSERVATION PERIOD IN FRAME OF REOGANIZATION PROCEEDINGS AND UPDATE ON RESEARCH AND DEVELOPMENT PROGRAMS

* OBTAINS 6-MONTH EXTENSION OF ITS OBSERVATION PERIOD

* THE CONTINUATION OF LUPUS PROGRAM WILL DEPEND ON SIGNATURE OF A GLOBAL STRATEGIC PARTNERSHIP

* CONTINUATION OF ALL RESEARCH AND DEVELOPMENT PROGRAMS TO DEPEND ON THE OUTCOME OF COMPANY’S BANKRUPTCY PROCEEDINGS

* COMPLETED FIRST KEY STAGES OF ITS PRECLINICAL ALLERGY PROGRAM IN PROPHYLACTIC AND THERAPEUTIC MODELS

* DECISION RESULTS IN PARTICULAR FROM FACT THAT NEGOTIATIONS ARE UNDER WAY TO TRY TO MEET CONDITIONS NECESSARY FOR PRESENTATION OF RECOVERY PLAN Source text: bit.ly/3aHiz4Y 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