Forward Pharma Reports Financial and Operational Results from the First Six Months of 2018
Forward Pharma A/S - American Depositary Shares (FWP)
Last forward pharma a/s - american depositary shares earnings: 4/18 05:15 pm
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Source: GlobeNewswire
COPENHAGEN, Denmark, Sept. 19, 2018 (GLOBE NEWSWIRE) -- Forward Pharma A/S (NASDAQ:FWP) (“We”, “Forward” or the “Company” and together with its subsidiaries, the “Group”), today reported consolidated financial results for the six-month period ended June 30, 2018. Net loss for the six-month period ended June 30, 2018 was $(5.3) million, or $(0.06) per diluted share, versus net income of $941.2 million, or $1.67 per diluted share for the six-month period ended June 30, 2017. “We are pleased to announce our results for the first half year of 2018. The results reflect the effect of our strategic and organisational transformation initiated upon signing the Settlement and License Agreement with Biogen. Forward Pharma is narrowly focused on the appeals of the initial decisions in both the U.S. patent interference and the ‘355 patent opposition in Europe,” said Dr. Claus Bo Svendsen, Chief Executive Officer of Forward. Six-month period ended June 30, 2018 operational results During the
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