10.07.2014 18:00:00
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Half Year Report on Adocia’s Liquidity Agreement with Kepler Capital Markets
Regulatory News:
Under the liquidity agreement entrusted by ADOCIA (Paris:ADOC) to Kepler Capital Markets, the following assets appeared on the liquidity account as at June 30, 2014:
- 18,875 shares of Adocia and
- 233,973.09 euros in cash.
At the latest report dated on December 31, 2013 with DSF Markets, the following assets appeared on the liquidity account:
- 40,326 shares of Adocia and
- 215,305.78 euros in cash.
As a reminder, the liquidity agreement with DSF Markets signed on March 14, 2012 was terminated by Adocia on April 30, 2014. The company announced that a liquidity agreement was signed on May 19, 2014 with Kepler Capital Markets. At that time, the following resources have been allocated to the liquidity account: 15,026 Adocia shares and 300,000 euros in cash.
About Adocia
To be a global leader in the delivery of insulins and therapeutic
proteins
Adocia is clinical-stage biotechnology company that
specializes in the development of innovative formulations of
already-approved therapeutic proteins. It has a particularly strong
expertise in the field of insulins. Adocia’s proprietary BioChaperone®
technological platform is designed to enhance the effectiveness and
safety of therapeutic proteins and their ease of use for patients.
Adocia
has successfully completed two Phase I and II studies of a fast-acting
human insulin formulation, two Phase I and II studies of an
ultra-fast-acting insulin lispro and a Phase I/II of a unique
combination of insulin glargine, the gold-standard of basal insulin and
insulin lispro, a fast-acting insulin analog. Dose-escalation Phase IIa
studies of all three products are scheduled for the third and the fourth
quarter 2014.
The company has also obtained positive results in a
Phase I/II study of a diabetic-foot-ulcer-healing product based on
PDGF-BB (Platelet-Derived Growth-Factor BB). A phase III clinical trial
dossier has been filed with Indian regulatory authorities, and the trial
is expected to start at the beginning of the third quarter 2014.
Adocia
has extended its activities to the formulation of monoclonal antibodies,
which are gold-standard biologics for the treatment of various chronic
pathologies (cancer, inflammation, etc.). Adocia is engaged in
collaborative programs with two major pharmaceutical companies in this
field.
Fighting cancer with targeted treatments
DriveIn®
is a nanotechnology which is remarkably efficient in delivering active
compounds into cancer cells. This new platform constitutes an
exceptional opportunity to enter the oncology market by improving the
efficacy of both already approved treatments and novel proprietary
molecules.
"Innovative medicine for everyone, everywhere”
Adocia’s
therapeutic innovations aim at providing solutions in a profoundly
changing global pharmaceutical and economic context, characterized by
(i) an increased prevalence and impact of the targeted pathologies, (ii)
a growing and ageing population, (iii) a need to control public health
expenditures and (iv) an increasing demand from emerging countries.
Adocia is listed on the regulated market of Euronext Paris (ISIN:
FR0011184241; Reuters/Bloomberg ticker: ADOC, ADOC.PA, ADOC.FP) and its
share price is included in the Next Biotech index.
American
Depositary Receipts representing Adocia common stock are traded on the
US OTC market under the ticker symbol ADOCY.
For more information,
visit www.adocia.com
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