Ad Hoc Announcements

Important information for immediate release

Formycon also provides ad hoc announcements in compliance with Section 17 of the Regulation (EU) No 596/2014 of the European Parliament and of the Council (Market Abuse Regulation), which requires public companies to publish any company news that could significantly influence share price.

Formycon Places Cash Capital Increase of EUR 17.3 Million with Institutional Investor

Strategic investor M&H Equity AG subscribes for a cash capital increase of € 17,264,170.30 million in the context of a private placement with an issue price of 29.90 EUR per share. The funds acquired from the capital increase will be used primarily to develop the company’s own biosimilar products, particularly FYB205.

Biosimilar Candidate FYB201 Shows Efficacy Comparable to the Reference Product in Phase III Study

According to an interim result, the primary endpoint has been achieved in the COLUMBUS-AMD phase III trial, which is intended to demonstrate the efficacy, safety and immunogenicity of FYB201 and the reference medicinal product Lucentis® in patients with neovascular age-related macular degeneration (nAMD).

Formycon and Aristo Pharma are Founding a Joint Venture for the Development of FYB202

Formycon and Aristo Pharma GmbH, a company of the Struengmann-Group, have formed a joint company for the continued development of FYB202, Formycon's biosimilar candidate for Stelara® (ustekinumab).

Formycon signs term sheet for development of FYB202 and executes capital increase

Formycon plans to enter into a co-investment arrangement for its biosimilar candidate FYB202 and aims for a participation of up to 30% in worldwide marketing proceeds.