Edition:
United Kingdom

Biocartis Group Reiterates FY 2019 Guidance


Thursday, 25 Apr 2019 

April 25 (Reuters) - BIOCARTIS GROUP NV ::REG-BIOCARTIS GROUP NV: BIOCARTIS Q1 2019 BUSINESS UPDATE.FULL YEAR 2019 GUIDANCE REITERATED.CASH POSITION: BIOCARTIS' CASH POSITION AT END OF Q1 2019 AMOUNTED TO EUR 100M (UNAUDITED FIGURE)..EQUITY RAISE: SUCCESSFUL EUR 55.5M PRIVATE PLACEMENT OF NEW SHARES ON 23 JANUARY 2019.AN ACCELERATED RAMP-UP OF US CARTRIDGE VOLUMES IS EXPECTED IN Q2 AND Q3 2019."WE STARTED 2019 WITH A GOOD FIRST QUARTER IN WHICH WE MADE PROGRESS ON ALL FRONTS: COMMERCIALIZATION, MENU EXPANSION, MANUFACTURING, FINANCING AND ORGANIZATION," CEO. 

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