01.10.2019 CO.DON AG  DE000A1K0227

DGAP-News: CO.DON AG: Discussions on out-licensing and further cooperations


 

DGAP-News: CO.DON AG / Key word(s): Miscellaneous
CO.DON AG: Discussions on out-licensing and further cooperations

01.10.2019 / 13:05
The issuer is solely responsible for the content of this announcement.


CO.DON AG - Discussions on out-licensing and further cooperations

Berlin / Teltow, 01 October 2019 - CO.DON AG is in discussions with two potential cooperation partners from Hong Kong/China regarding the out-licensing of its EU-wide approved product as well as a technical transfer of the production technology to the People's Republic of China. After a visit to the newly established production facility in Leipzig and subsequent talks in Berlin, the guests from Hong Kong confirmed their interest in working together not only to acquire the license but also to build up production capacities and to make use of CO.DON's expertise.

The talks also focussed on contract manufacturing opportunities and the establishment of further potential development projects.

Ralf M. Jakobs, Spokesman of the board of CO.DON AG: "We are delighted about the well-founded interest of our discussion partners, with business opportunities considerably beyond the acquisition of a pure product license. For us, this means the opportunity to expand our business activities using our existing know-how in the field of production technology. Furthermore, we will offer consulting services, training and knowledge transfer by qualified CO.DON AG employees, as was already the case with the licensing for Russia. The training of qualified personnel generally takes place in the production facilities of CO.DON in Leipzig and, in addition to the actual instruction in pharmaceutical production, will also include aspects of quality control and quality assurance. We see the possible cooperation in the establishment of production facilities and in the area of contract manufacturing as further business opportunities, which we will gladly seize if the contractual possibilities are given."

CO.DON AG develops, produces and distributes autologous cell therapies for the minimally invasive repair of cartilage defects. The product being marketed is a cell therapy product for the minimally invasive treatment of cartilage damage in the knee joint that uses only the patient's own cartilage cells ("autologous chondrocytes"). CO.DON's method is currently used in over 200 clinics in Germany and more than 14,500 patients have already been treated. In July 2017 CO.DON AG received central EU marketing authorisation for this product from the European Medicines Agency (EMA). The shares in CO.DON AG are listed on the Frankfurt Stock Exchange (ISIN: DE000A1K0227). Executive Board: Ralf M. Jakobs (Spokesman), Tilmann Bur (COO).

Further information is available from www.codon.de

Investor Relations and Press Contact:

Matthias Meißner, M.A.

Tel. +49 (0)30 240352330

Fax +49 (0)30 240352309

Email: ir@codon.de

 



01.10.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: CO.DON AG
Warthestraße 21
14513 Teltow
Germany
Phone: 03328 43460
Fax: 03328 434643
E-mail: info@codon.de
Internet: www.codon.de
ISIN: DE000A1K0227
WKN: A1K022
Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange
EQS News ID: 883485

 
End of News DGAP News Service

883485  01.10.2019 

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Die wichtigsten Finanzdaten auf einen Blick
  2012 2013 2014 2015 2016 2017 2018 2019e
Umsatzerlöse1 2,69 3,62 4,48 5,09 5,60 5,96 5,65 8,80
EBITDA1,2 -2,24 -2,50 -2,27 -2,61 -3,41 -6,73 -7,84 0,00
EBITDA-Marge3 -83,27 -69,06 -50,67 -51,28 -60,89 -112,92 -138,76 0,00
EBIT1,4 -2,38 -2,68 -2,48 -2,86 -3,65 -6,98 -8,56 0,00
EBIT-Marge5 -88,48 -74,03 -55,36 -56,19 -65,18 -117,11 -151,50 0,00
Jahresüberschuss1 -2,38 -2,68 -2,49 -2,87 -3,65 -7,05 -6,27 0,00
Netto-Marge6 -88,48 -74,03 -55,58 -56,39 -65,18 -118,29 -110,97 0,00
Cashflow1,7 -2,33 -1,56 -1,78 -2,97 -3,62 -5,88 -8,14 0,00
Ergebnis je Aktie8 -0,22 -0,24 -0,18 -0.18 -0,21 -0,36 -0,55 -0,74
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2018 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Mazars

INVESTOR-INFORMATIONEN
©boersengefluester.de
co.don
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A1K022 2,240 54,42
KGV 2020e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
0,00 0,00 0,000 -6,58
KBV KCV KUV EV/EBITDA
3,20 - 9,63 -5,636
Dividende '18 in € Dividende '19e in € Div.-Rendite '18
in %
Hauptversammlung
0,00 0,00 0,00 12.06.2019
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
30.08.2019 30.04.2019
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-15,28% -39,31% -29,45% -43,86%
    
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Biotechnologie , A1K022 , CNWK , XETR:CNWK