EQS-News: PAION AG reports financial results for the first nine months of 2022
In April 2022, PAION was informed that the Federal Joint Committee (G-BA) had approved PAION's application for eravacycline (XERAVA) as a reserve antibiotic.
- In April 2022, PAION was informed that the Federal Joint Committee (G-BA) had approved PAION's application for eravacycline (XERAVA) as a reserve antibiotic.
- PAION is now exempt from providing a full benefit dossier and is only required to provide an abbreviated dossier by 1st August 2022.
- Revenues increased to EUR 25.6 million in the first nine months of 2022 (same period last year: EUR 5.5 million).
- Based on the results for the first nine months of 2022, PAION raises the outlook for the full year 2022 announced with the Annual Report 2021.