IGEA Pharma N.V.: IGEA to update on unaudited key figures and ongoing matters
IGEA Pharma N.V. / Key word(s): Preliminary Results/Interim Report
IGEA to update on unaudited key figures and ongoing matters
Hoofddorp, the Netherlands, 15 May 2023. IGEA Pharma N.V. (SIX: IGPH) today announced the disclosure of unaudited key figures (as anticipated on 30 April 2023) and certain other ongoing matters as follow:
Given the unsatisfactory outcome of the industrial segment, the board of directors in charge since end of April 2023 immediately started to sound valuable alternatives, including the full outsourcing of operations. Discussions with EU located GMP manufacturers are ongoing, and strategic decisions are expected to be taken by the board within the next coming month.
-143.2 (2021: TEUR 9,578.7).
The board of directors in office since end of April 2023 immediately activated the measures considered adequate to ensure the funds required to continue operations while evaluating the future evolution of the business.
IGEA Pharma N.V. focuses through its Joint Venture on industrial CO2 supercritical extraction of CBD and other valuable components from their vegetable matrices for health prevention, pharma, food&beverage, and other selected industries, with an innovative early-stage commercial and highly diversifiable pipeline. The company aims to become a center of excellence on highly controlled vegetable matrices and their industrial extraction technology. On the other hand, Igea operates on preventative health-tech products and devices, commercializing an Alzheimer’s prevention set (which includes ’Alz1’, an at-home lab test kit to measure non-bound copper in the blood and a natural dietary supplement branded ‘Alz1 Tab’ designed to reduce blood heavy metals content) and expects to integrate the non-bound copper detection-based pipeline with a diabetes type II prevention set in the next future. IGEA furthermore commercializes a COVID19 rapid test for the detection of IgM and IgG SARSCoV-2 related antibodies.
IGEA is listed on the SIX Swiss Exchange (ticker IGPH) and is headquartered in Hoofddorp, the Netherlands. Find out more at www.igeapharma.nl
Pierpaolo Cerani, CEO, firstname.lastname@example.org
This document constitutes neither an offer to buy nor to subscribe securities and either this document nor any part of it should form the basis of any investment decision in IGEA. The information contained in this press release has been carefully prepared. However, IGEA bears and assumes no liability of whatever kind for the correctness and completeness of the information provided herein. IGEA does not assume an obligation of whatever kind to update or correct information contained in this press release whether as a result of new information, future events or for other reasons. This publication may contain specific forward-looking statements and assessments or intentions concerning IGEA and its business. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors which may result in a substantial divergence between the actual results, financial situation, development, or performance of IGEA and those explicitly or implicitly presumed in these statements. Against the background of these uncertainties, readers should not rely on forward-looking statements. IGEA assumes no responsibility to update forward looking statements or to adapt them to future events or developments, except as maybe required by law.
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IGEA Pharma N.V.
2123 WT Hoofddorp
+31 23 568 9494
Regulated Unofficial Market in Frankfurt; SIX Swiss Exchange
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