EQS-Adhoc: Polyphor to extend period for its strategic evaluation by up to four weeksEQS
Im Artikel erwähnte Wertpapiere: Polyphor N
EQS Group-Ad-hoc: Polyphor AG / Key word(s): Statement
Allschwil, Switzerland, July 30, 2021
Polyphor to extend period for its strategic evaluation by up to four weeks
Polyphor AG (SIX: POLN) today provided an update regarding the recently announced evaluation of strategic options. This review has become necessary following the negative results of the FORTRESS study for balixafortide. The board of directors has resolved to extend the period for strategic evaluation of all options for the future of the Company by up to four weeks.
The planned restructuring to reduce costs and create operational efficiencies is being completed with the reduction of around 20 employees following the finalization of the consultation process.
For further information please contact:
End of ad hoc announcement
|Phone:||+41 61 567 1600|
|Fax:||+41 61 567 1601|
|Listed:||SIX Swiss Exchange|
|EQS News ID:||1222853|
|End of Announcement||EQS Group News Service|
1222853 30-Jul-2021 CET/CEST