Examples of using Formycon in English and their translations into German
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Colloquial
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Official
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Ecclesiastic
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Medicine
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Financial
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Ecclesiastic
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Political
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Computer
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Programming
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Official/political
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Political
On the day of review, Formycon employed 68 people.
Formycon AG achieved a turnover of Euro 13.6 million 2014.
Renowned biotech manager to advise Formycon in future.
For 2016, Formycon is planning a further moderate increase in its workforce.
The start of the phase I clinicaltrial is planned for mid of this year. Formycon holds a 24.9 percent share in the joint venture FYB 202 GmbH& Co. KG.
DGAP-News: Formycon AG: Formycon ends 2015 fiscal year with successful results.
This will take us closer to our goal of improving the global supply of important medicines to patients with serious conditions", explains Dr. Stefan Glombitza,COO of Formycon AG.
Over the past nine months, Formycon has made significant advances.
Formycon receives sales-related royalties while successful course of the project.
Stefan Glombitza, board member and COO of Formycon, was also thrilled by the company's top-ten placement on the FT1000 list.
Formycon will receive sales dependent royalties after successful product launch.
From mid-2022, this will make life significantly easier for Formycon, since production of the biosimilars will then no longer necessarily have to be outsourced to outside of the EU.
Formycon out-licensed FYB203 exclusively to Santo Holding GmbH in Holzkirchen in May 2015.
As part of the joint venture founded in 2017 with Aristo Pharma GmbH,a company within the Strüngmann Group, Formycon is developing the FYB202 biosimilar candidate for the reference drug Stelara(R)* ustekinumab.
Formycon currently has three biosimilars under development, with further product candidates already identified.
Alongside advanced clinical testing, Formycon is working intensively and in close consultation with the respective regulatory authorities on the preparation of the filing documents.
Formycon AG, as the company's central development and operational unit, achieved a turnover of Euro 7.1 million previous year.
Due to its significant growth in sales over recent years, Formycon was ranked first in this segment in a current rating of the 500 companies in Germany with the largest growth in sales in the period from 2012 to 2015.
Formycon AG assumes no obligation to update these forward-looking statements or to correct them in case of developments which differ from those anticipated.
In 2016 and 2017, Formycon was crowned growth champion in the"Chemistry and Pharmaceuticals" category by the news magazine Focus.
Formycon is pursuing the goal of marketing FYB201 via its licensing partner Bioeq IP AG as the first Lucentis biosimilar following the expiry of the drug's patent in the USA and Europe.
FYB205, for which Formycon has so far not published any details, is an early stage biosimilar project that has been progressed up to the initial cell line screening.
Formycon AG and Bioeq IP AG assume no obligation to update these forward-looking statements or to correct them in case of developments which differ from those anticipated.
Under the terms of the agreement, Formycon will bear up to 30 percent of the development costs for FYB202 and in return will receive up to a 30 percent share of the global marketing proceeds.
Formycon AG, as the company's central development and operational unit, achieved a turnover of Euro 11.3 million during the first half of 2019 H1/2018 incl. special effect: Euro 18.9 million.
In the first three months of the year, Formycon AG as the company's actual operational unit achieved a turnover of EUR 6.4 million first quarter of 2018, including special effect: EUR 11.9 million.
Formycon AG, as the Group's actual operational unit, achieved a turnover of Euro 29.6 million(previous year: Euro 16.4 million) and improved its EBITDA significantly to Euro 8.2 million previous year: Euro -0.7 million.
The balance sheet total of the Formycon Group which, aside from the AG consists of both subsidiaries Formycon Project 201 GmbH and Formycon Project 203 GmbH, increased by 28.6% to around Euro 39.6 million previous year: Euro 30.8 million.
Formycon has submitted various patent applications for the pharmaceutical formulation of this product, and therefore believes that FYB203 is also in a highly promising position for its market launch following the expiry of the reference product's legal protection in the USA in 2023.
Carsten Brockmeyer, Chairman and CEO of Formycon, is happy with the company's development:"I would like to thank all of our employees and the entire Formycon team for an exceptionally successful year in 2017. We have once again taken a major step forward in the development of our biosimilar projects, and we have also taken the company forward structurally.