Nanobiotix Aktie
WKN DE: A1J7EB / ISIN: FR0011341205
13.05.2015 19:33:00
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Nanobiotix Revenue for the 1st Quarter of 2015
Regulatory News:
NANOBIOTIX (Paris:NANO) (Euronext: NANO – ISIN: FR0011341205), a late clinical-stage nanomedicine company pioneering novel approaches for the local treatment of cancer, today announces its revenue for the first quarter of 2015.
Income statement
In € | Q1 2014 |
Q1 2013 |
||||||
Revenues | 46,991 | 45,343 | ||||||
Of which : | ||||||||
License |
46,031 | 45,343 | ||||||
Services |
960 | - | ||||||
Activity
The revenue recorded by NANOBIOTIX during the first quarter of 2015 corresponds to the upfront payment (pro-rata share) received by the company from Taiwan-based PharmaEngine, within the framework of the licensing contract signed in August 2012 for the development and commercialization of the lead product, NBTXR3 in the Asia-Pacific region. The upfront payment totaled €810,640, generating revenue of €46,031 over the period based on a straight-line method of apportioning the revenue across the period between the date the contract was signed and the scheduled marketing launch in the region. The invoicing of services totaled €960 for the first quarter of 2015. In total, revenue for the first quarter amounted to €46,991 which is fully in line with company expectations.
During the first quarter, the Company announced that Professor Robert Langer, Institute Professor at the Massachusetts Institute of Technology (MIT), became a Scientific Advisor to Nanobiotix. Professor Langer presides over the largest academic biomedical engineering laboratory in the world. With a CE mark anticipated in 2016, the Company has been preparing to scale-up production further to meet the needs of future commercialization. In addition, Nanobiotix is anticipating an increase in demand for product for clinical trials in the coming years in Europe and in the United States. Therefore, in March 2015, Nanobiotix appointed CordenPharma as its manufacturing partner. The new manufacturing line will increase the amount of NBTXR3 product available for both commercialisation and trial purposes.
Moreover, in January, the Company announced the transfer of its shares from compartment C to compartment B of the regulated market of Euronext in Paris thanks to its stock market capitalization increase performances during 2014.
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Next financial press release: revenue for the second quarter of 2015, on July 15, 2015
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About NANOBIOTIX: www.nanobiotix.com/fr
Nanobiotix (Euronext: NANO / ISIN: FR0011341205) is a late clinical-stage nanomedicine company pioneering novel approaches for the local treatment of cancer. The company’s first-in-class, proprietary technology, NanoXray, enhances radiotherapy energy with a view to provide a new, more efficient treatment for cancer patients. NanoXray products are compatible with current radiotherapy treatments and are meant to treat potentially a wide variety of cancers including Soft Tissue Sarcoma, Head and Neck Cancer, Liver Cancers, Prostate Cancer, Breast Cancer, Glioblastoma, etc., via multiple routes of administration.
Nanobiotix’s lead product NBTXR3, based on NanoXray, is currently under clinical development for Soft Tissue Sarcoma and locally advanced Head and Neck Cancer. The company has partnered with PharmaEngine for clinical development and commercialization of NBTXR3 in Asia.
Nanobiotix is listed on the regulated market of Euronext in Paris (ISIN: FR0011341205, Euronext ticker: NANO, Bloomberg: NANO: FP). The company, based in Paris, France, opened an affiliate office in the Boston area of the US in September 2014.
Disclaimer
This press release contains certain forward-looking statements concerning Nanobiotix and its business. Such forward-looking statements are based on assumptions that Nanobiotix considers to be reasonable. However, there can be no assurance that the estimates contained in such forward-looking statements will be verified, which estimates are subject to numerous risks including the risks set forth in the 2014 annual financial report of Nanobiotix (a copy of which is available on www.nanobiotix.com) and to the development of economic conditions, financial markets and the markets in which Nanobiotix operates. The forward-looking statements contained in this press release are also subject to risks not yet known to Nanobiotix or not currently considered material by Nanobiotix. The occurrence of all or part of such risks could cause actual results, financial conditions, performance or achievements of Nanobiotix to be materially different from such forward-looking statements.
This press release and the information that it contains do not constitute an offer to sell or subscribe for, or a solicitation of an offer to purchase or subscribe for, Nanobiotix shares in any country.

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