Alzinova AB interim report January – June 2020

STOCKHOLM, Aug. 26, 2020 /PRNewswire/ -- The Board of Directors and the Chief Executive Officer of Alzinova AB hereby present the interim report for the second quarter 2020.  Six months, January - June 2020 Net sales amounted to 0 SEK (0 SEK). Result after financial items amounted to -2 898 387 SEK (-2 737 617 SEK). Earnings per share amounted to -0,38 SEK (-0,36 SEK) Solidity amounted to 92,6% (95,5%). Three months, April - June 2020 Net sales amounted to 0 SEK (0 SEK). Result after financial items amounted to -1 123 481 SEK (-1 567 023 SEK) Earnings per share amounted to -0.15 SEK (-0.21 SEK) Significant events during the second quarter of 2020  The Alzinova strengthened its Board of Directors with two new members, Lena Degling Wikingsson and Per-Göran Gillberg, both of whom will add pharmaceutical development skills to the Company.  The annual general meeting held on May 14 resolved to establish long-term incentive schemes for the Board of Directors and key personnel by issuing subscription warrants. Upon full exercise of the issued warrants, the dilution effect on Alzinova's shares and votes will be approximately 2.1 percent. During the period, Alzinova initiated an active risk analysis effort of COVID-19-related hazards. The Company is working closely with its partners To keep reading about Alzinova AB interim report January – June 2020, Click on the link. Seoul, Korea
http://dlvr.it/RfMNvf

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