PHAXIAM Therapeutics announces filing of its 2023 Universal Registration Document (URD)
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The filing of the Universal Registration Document by PHAXIAM Therapeutics with the Autorité des Marchés Financiers represents a significant disclosure of the company's financial health and governance practices. Investors and analysts closely examine such documents to gauge a company's performance and strategic direction. The inclusion of the annual financial report within this filing provides an opportunity to assess the company's profitability, revenue streams and expense management over the past fiscal year.
Moreover, the report on corporate governance offers insights into the company's leadership and decision-making structures, which are essential for evaluating management effectiveness and potential risks. This information can influence investor confidence and, consequently, the company's stock price. It is a common practice for publicly traded companies to make these documents readily accessible and PHAXIAM's compliance with this transparency is a positive indicator for corporate governance.
PHAXIAM Therapeutics' focus on developing treatments for severe and resistant bacterial infections places it in a critical segment of the pharmaceutical market. The demand for new antibiotics and treatments due to rising antibiotic resistance is a pressing global health concern. The company's efforts in this area could potentially address a significant unmet medical need, which may translate into substantial market opportunities.
Investors should note, however, that the biopharmaceutical sector is highly competitive and subject to rigorous regulatory scrutiny. The success of PHAXIAM's product pipeline will depend on clinical trial outcomes, regulatory approvals and the ability to secure partnerships or funding for continued research and development. The financial report within the Universal Registration Document can provide insights into how well the company is managing these challenges and investing its resources.
Lyon (France) and Cambridge (MA, US), 5 April 2024 – 6:00pm CEST - PHAXIAM Therapeutics (Euronext: PHXM; FR0011471135), a biopharmaceutical company developing innovative treatments for severe and resistant bacterial infections, today announced that it has filed its Universal Registration Document with the Autorité des Marchés Financiers (AMF) in France for the financial year ending 31 December 2023.
This document, including the annual financial report and the Board of Directors' report on corporate governance, is available in the "Investors" section of the Company's website (www.phaxiam.com) and on the AMF website (www.amf-france.org). It is also available at the Company's head office (60 avenue Rockefeller, 69008 Lyon).
About PHAXIAM Therapeutics
PHAXIAM is a biopharmaceutical company developing innovative treatments for resistant bacterial infections, which are responsible for many serious infections. The company is building on an innovative approach based on the use of phages, natural bacterial-killing viruses. PHAXIAM is developing a portfolio of phages targeting 3 of the most resistant and dangerous bacteria, which together account for more than two-thirds of resistant hospital-acquired infections: Staphylococcus aureus, Escherichia coli and Pseudomonas aeruginosa.
PHAXIAM is listed on the Euronext regulated market in Paris (ISIN code: FR0011471135, ticker: PHXM). PHAXIAM is part of the CAC Healthcare, CAC Pharma & Bio, CAC Mid & Small, CAC All Tradable, EnterNext PEA-PME 150 and Next Biotech indexes.
For more information, please visit www.phaxiam.com
Contacts
| PHAXIAM Eric Soyer COO & CFO +33 4 78 74 44 38 investors@phaxiam.com | NewCap Mathilde Bohin / Dušan Orešanský Investor Relations Arthur Rouillé Media Relations +33 1 44 71 94 94 phaxiam@newcap.eu |
Forward-looking information
This press release contains forward-looking statements, forecasts and estimates with respect to the clinical programs, development plans, business and regulatory strategy and anticipated future performance of PHAXIAM and of the market in which it operates. Certain of these statements, forecasts and estimates can be recognized by the use of words such as, without limitation, “believes”, “anticipates”, “expects”, “intends”, “plans”, “seeks”, “estimates”, “may”, “will” and “continue” and similar expressions. All statements contained in this press release other than statements of historical facts are forward-looking statements. Such statements, forecasts and estimates are based on various assumptions and assessments of known and unknown risks, uncertainties and other factors, which were deemed reasonable when made but may or may not prove to be correct. Actual events are difficult to predict and may depend upon factors that are beyond PHAXIAM's control. Therefore, actual results may turn out to be materially different from the anticipated future results, performance or achievements expressed or implied by such statements, forecasts and estimates. Investor should carefully read the risk factors section of the Company which can be found in the Company’s regulatory filings with the French Autorité des Marchés Financiers (AMF), including in the Company’s 2023 Universal Registration Document (Document d’Enregistrement Universel) filed with the AMF on April 5, 2024 and future filings and reports by the Company. Given these uncertainties, no representations are made as to the accuracy or fairness of such forward-looking statements, forecasts and estimates. Furthermore, forward-looking statements, forecasts and estimates only speak as of the date of this press release. PHAXIAM disclaims any obligation to update any such forward-looking statement, forecast or estimates to reflect any change in PHAXIAM’s expectations with regard thereto, or any change in events, conditions or circumstances on which any such statement, forecast or estimate is based, except to the extent required by law.
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