Last €3.15 EUR
Change Today +0.11 / 3.62%
Volume 870.5K
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As of 1:57 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

paion ag (PA8) Snapshot

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02/26/14 - €4.47
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10/24/13 - €0.73
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paion ag (PA8) Details

PAION AG, together with its subsidiaries, operates as a biopharmaceutical company that develops and commercializes drug candidates for diseases or interventions. The company’s portfolio of drug candidates include Remimazolam, a short-acting general anaesthetic/sedative agent that is in Phase-III clinical trials for the treatment of anaesthesia and procedural sedation, as well as in Phase-II clinical trials for ICU sedation. Its drug candidates also comprise Solulin, a variant of the human protein thrombomodulin in Phase-I clinical trials to stabilize the initial fibrin clot to stop bleeding; PN 13, a thrombomodulin mutant in preclinical stage to treat haemophilia and hyperfibrinolysis; and GGF2, a glial growth factor 2 that has completed Phase-I clinical trials to stimulate the growth and differentiation of various cells, including glial cells to demyelinate diseases, such as multiple sclerosis, damage of the myelin sheath, and degeneration of nerve cells. The company was founded in 2000 and is headquartered in Aachen, Germany.

15 Employees
Last Reported Date: 08/8/14
Founded in 2000

paion ag (PA8) Top Compensated Officers

Co-Founder, Chairman of Management Board and ...
Total Annual Compensation: €383.2K
Co-Founder, Chief Medical Officer and Member ...
Total Annual Compensation: €352.1K
Compensation as of Fiscal Year 2013.

paion ag (PA8) Key Developments

Paion AG Appoints Abdelghani Omari as Chief Financial Officer with Effect from 1 September 2014

PAION AG announces that Abdelghani Omari has been appointed by the Supervisory Board as a new member of the Management Board of PAION AG and is Chief Financial Officer with effect from 1 September 2014. Abdelghani Omari has been with PAION as Vice President Finance since October 2008 and after the departure of Bernhard Hofer as CFO in early 2012 he has taken over his duties but reporting to the management board. Prior to joining PAION AG, Abdelghani Omari held various positions at KPMG, Cologne in auditing and advisory.

Paion AG Announces Consolidated Earnings Results for the Second Quarter and First Half-Year 2014

Paion AG announced consolidated earnings results for the second quarter and first half-year 2014. For the quarter, revenues were EUR 1,517,000 compared to EUR 5,000 a year ago. Research and development expenses were EUR 2,696,000 compared to EUR 1,130,000 a year ago. Loss for the period was EUR 1,629,000 compared to EUR 1,537,000 a year ago. Diluted loss per share was EUR 0.05 compared to EUR 0.06 a year ago. For the first half, revenues were EUR 4,298,000 compared to EUR 2,028,000 a year ago. Research and development expenses were EUR 4,298,000 compared to EUR 2,028,000 a year ago. Loss for the period was EUR 3,836,000 compared to EUR 2,190,000 a year ago. Diluted loss per share was EUR 0.13 compared to EUR 0.09 a year ago. Cash flow used in operating activities was EUR 5,300,000 compared to EUR 875,000 a year ago.

Paion AG, Q2 2014 Earnings Call, Aug 06, 2014

Paion AG, Q2 2014 Earnings Call, Aug 06, 2014


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