Pharming provides update on outstanding shares
(Thomson Reuters ONE) -
Leiden, The Netherlands, July 12, 2010. Biotech company Pharming Group NV
("Pharming") (NYSE Euronext: PHARM) today announced that its current number of
outstanding shares has increased from 304,953,323 at June 29, 2010 to
309,747,614 as per today.
The 4,794,291 increase of shares reflects an aggregate number of 3,018,138
shares in relation to the exercise of warrants issued upon entering into ?7.5
million private bonds in January 2010, 1,668,542 shares in relation to
conversion of ?0.2 million of these bonds and 107,611 shares for the second
quarter interest payment of the bonds. As a result, the original nominal value
of the bonds issued in the amount of ?7.5 million has decreased to ?0.9 million
today.
About Pharming Group NV
Pharming Group NV is developing innovative products for the treatment of genetic
disorders, ageing diseases, specialty products for surgical indications, and
nutritional products. On June 24, the European Medicines Agency adopted a
positive opinion for Ruconest(TM) (Rhucin) for the treatment of angioedema
attacks. Market Authorization in the European Economic Area is therefore
expected to be granted in September 2010. The product is also under development
for follow-on indications, i.e. antibody-mediated rejection (AMR) and delayed
graft function (DGF) following kidney transplantation. The advanced technologies
of the Company include innovative platforms for the production of protein
therapeutics, technology and processes for the purification and formulation of
these products, as well as technology in the field of DNA repair (via DNage).
Recently the partial spin off of DNage was initiated. Additional information is
available on the Pharming website,http://www.pharming.com.
This press release contains forward looking statements that involve known and
unknown risks, uncertainties and other factors, which may cause the actual
results, performance or achievements of the Company to be materially different
from the results, performance or achievements expressed or implied by these
forward looking statements.
Contact:
Ms. Marjolein van Helmond, T: +31 (0)71 52 47 431 or +31 (0)6 109 299 54
[HUG#1431152]
Press release (PDF): http://hugin.info/132866/R/1431152/377669.pdf
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(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.
All reproduction for further distribution is prohibited.
Source: Pharming Group N.V. via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 12.07.2010 - 18:00 Uhr
Sprache: Deutsch
News-ID 23787
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contact information:
Town:
Leiden
Kategorie:
Business News
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