Zealand Pharma advances pipeline and maintains strong cash position: full year results for 2019
Zealand Pharma A/S - American Depositary Shares (ZEAL)
Last zealand pharma a/s - american depositary shares earnings: 11/15 04:01 pm
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zealandpharma.com
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Source: GlobeNewswire
Company announcement – No. 03 / 2020 Zealand Pharma advances pipeline and maintains strong cash position: full year results for 2019 Copenhagen, March 11, 2020 – Zealand Pharma A/S (“Zealand”) (NASDAQ: ZEAL) (CVR-no. 20 04 50 78), a biotechnology company focused on the discovery and development of innovative peptide-based medicines, announced financial results for the 12-month period from January 1 to December 31, 2019. In 2019, a number of significant milestones were achieved by Zealand Pharma, including the conclusion of the Phase 3 program for dasiglucagon to treat severe hypoglycemia; advancement throughout the pre-clinical and clinical pipelines; completion of Zealand’s first acquisition, Encycle Therapeutics; and founding of commercial and medical operations in the U.S. Financial results for the full year 2019 Revenue of DKK 41.3 million / USD 6.2 million (2018: DKK 37.8 million / USD 5.8 million).Net operating expenses of DKK 628.9 million / USD 94.2 million (201
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