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Veloxis Pharmaceuticals

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2020-11-10 Kvartalsrapport 2020-Q3
2020-08-12 Kvartalsrapport 2020-Q2
2020-05-13 Kvartalsrapport 2020-Q1
2020-04-29 Årsstämma 2020
2020-03-31 Bokslutskommuniké 2019
2019-11-12 Kvartalsrapport 2019-Q3
2019-08-08 Kvartalsrapport 2019-Q2
2019-05-06 Kvartalsrapport 2019-Q1
2019-04-04 Ordinarie utdelning VELO 0.00 DKK
2019-04-03 Årsstämma 2019
2019-02-27 Bokslutskommuniké 2018
2018-11-14 Kvartalsrapport 2018-Q3
2018-08-13 Kvartalsrapport 2018-Q2
2018-05-14 Kvartalsrapport 2018-Q1
2018-04-16 Ordinarie utdelning VELO 0.00 DKK
2018-04-13 Årsstämma 2018
2018-02-27 Bokslutskommuniké 2017
2017-11-14 Kvartalsrapport 2017-Q3
2017-08-16 Kvartalsrapport 2017-Q2
2017-05-16 Kvartalsrapport 2017-Q1
2017-04-10 Ordinarie utdelning VELO 0.00 DKK
2017-04-07 Årsstämma 2017
2017-02-28 Bokslutskommuniké 2016
2016-11-16 Kvartalsrapport 2016-Q3
2016-08-24 Kvartalsrapport 2016-Q2
2016-07-26 Extra Bolagsstämma 2016
2016-05-18 Kvartalsrapport 2016-Q1
2016-04-07 Ordinarie utdelning VELO 0.00 DKK
2016-04-06 Årsstämma 2016
2016-03-09 Bokslutskommuniké 2015
2015-11-11 Kvartalsrapport 2015-Q3
2015-08-26 Kvartalsrapport 2015-Q2
2015-05-20 Kvartalsrapport 2015-Q1
2015-03-27 Ordinarie utdelning VELO 0.00 DKK
2015-03-26 Årsstämma 2015
2015-03-03 Bokslutskommuniké 2014
2014-04-10 Ordinarie utdelning VELO 0.00 DKK
2013-04-18 Ordinarie utdelning VELO 0.00 DKK
2013-04-17 Årsstämma 2013
2012-04-19 Ordinarie utdelning VELO 0.00 DKK
2011-04-13 Ordinarie utdelning
2010-04-22 Ordinarie utdelning

Beskrivning

LandDanmark
ListaMid Cap Copenhagen
SektorHälsovård
IndustriLäkemedel & Handel
Veloxis Pharmaceuticals är ett läkemedelsbolag. Särskild specialisering återfinns inom behandlingen av organavstötning vid organtransplantationer. Visionen är att erbjuda läkemedel som underlättar absorptionen av läkemedel som fås oralt vid ingreppet. Bolaget innehar verksamhet på global nivå, främst inom Europa och Nordamerika. Veloxis Pharmaceuticals grundades 2002 och har sitt huvudkontor i Köpenhamn.
Veloxis Pharmaceuticals Releases Annual Report for 2018
2019-02-27 19:02:57

Company Release no. 02/2019

To: NASDAQ Copenhagen A/S                                                                    

Copenhagen, Denmark, 27 February 2019

 

Veloxis Pharmaceuticals Releases Annual Report for 2018

 

Veloxis Pharmaceuticals A/S (OMX: VELO) today releases its Annual Report for the financial year 2018.

 

A complete copy of Veloxis’s Annual Report for 2018 is attached to this release and can also be accessed in the Download Center on the Company’s website: http://ir.veloxis.com/download-center.   

 

Highlights

  • Veloxis Pharmaceuticals A/S obtained USD 60 million of capital from funds managed by Athyrium Capital Management, LP ("Athyrium") in the form of a five-year, floating rate, interest only note with USD 60 million available immediately upon closing. 
  • Veloxis Pharmaceuticals A/S submitted a supplemental New Drug Application (sNDA) to the US Food & Drug Administration (FDA) seeking de novo indication for Envarsus, which was approved in December 2018.
  •  Ira Duarte promoted to Chief Financial Officer of Veloxis Pharmaceuticals A/S.
  •  Craig Collard, Chief Executive Officer, presented at the Jefferies 2018 London Healthcare Conference.

 

Financial Performance

  • During 2018, Veloxis recognized revenue of USD 39,494 compared to USD 30,167 in 2017.  There was zero upfront revenue in 2018 compared to USD 8,250 in 2017. 
  • Selling, general and administrative costs increased from USD 32,458 in 2017 to USD 35,611 in 2018.
  • Research and development costs increased from USD 866 in 2017 to USD 1,801 in 2018.
  • During 2018, Veloxis recognized USD 5,836 in operating loss compared with a USD 8,359 operating loss in 2017.
  • As of 31 December 2018, the balance sheet reflects cash and cash equivalents of USD 30,520 compared with USD 7,766 as of 31 December 2017, with the increase primarily related to funds received upon execution of the Athyrium note offset by repayment of the principal on the previous Lundbeckfond Invest A/S and Novo Holdings A/S loan.
  • As of 31 December 2018, total assets were USD 77,117 compared with USD 41,921 at the end of 2017.
  • As of 31 December 2018, the net debt was USD 59,905 up from USD 25,818 as of 31 December 2017, primarily related to the execution of the Athyrium note.
  • Shareholders’ equity equaled USD 4,614 as of 31 December 2018, compared with USD 5,316 at the end of 2017.

 

Conference Call

Veloxis’s Executive Management will host a conference call to discuss the 2018 financial results on Thursday, February 28, 2019 at 4:00 p.m. CET (Denmark); 3:00 p.m. GST (London); and 10:00 a.m. EST (New York).

To access the live conference call, please dial one of the following numbers:

+45 32 72 75 18 (Denmark)
+44 (0) 203 009 5710 (UK)
+1 917 720 0178 (USA)

Confirmation Code: 2466359

Following the conference call, a recording will be available on the Company’s website: http://www.veloxis.com/.

 

For more information, please contact:

 

 Craig A. Collard    Ira Duarte
 President & CEO  CFO
 Phone: + 1 919 591 3090  Phone: +1 919 591 3090
 Email: cac@veloxis.com  Email: idu@veloxis.com

 

About Veloxis Pharmaceuticals

Veloxis Pharmaceuticals A/S is a commercial-stage specialty pharmaceutical company committed to improving the lives of transplant patients.  A Danish company, Veloxis Pharmaceuticals A/S operates in the U.S. through Veloxis Pharmaceuticals Inc., a wholly-owned subsidiary headquartered in Cary, North Carolina, USA.  Veloxis has successfully developed Envarsus XR (tacrolimus extended-release tablets) based upon the company's unique and patented delivery technology, MeltDose®, which is designed to enhance the absorption and bioavailability of select orally administered drugs. The company is focused on the direct commercialization of Envarsus XR in the U.S., expansion of partnerships for markets around the world, and acquisition of assets utilized in transplant patients and by adjacent medical specialties. Veloxis is listed on the NASDAQ OMX Copenhagen under the trading symbol OMX: VELO.  For further information, please visit www.veloxis.com.

 

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