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France to set up three billion euro company support fund


France to set up three billion euro company support fund
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Last Updated: Jun 01, 2021, 07:21 PM IST
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Synopsis
The fund aims to help firms on a case-by-case basis with loans or equity injections so that businesses that were viable before the pandemic but now have strained balance sheets can get back on their feet.
Agencies
Although many firms ended up not having to use the money they borrowed, the ministry wants to avoid a wave of insolvencies.
PARIS: France will set up a new 3 billion euro ($3.67 billion) fund to support mid-sized and large companies as they emerge from the coronavirus crisis, French Finance Minister Bruno Le Maire said on Tuesday. ....

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Advicenne Reports its Full-Year Financial Results to December 31, 2020 and Confirms its 2021 Outlook


Advicenne Reports its Full-Year Financial Results to December 31, 2020 and Confirms its 2021 Outlook
Regulatory News:
Advicenne (Paris:ADVIC) (BSE:ADVIC) (Euronext: ADVIC), a French company specialized in the development of therapeutic products adapted to children and adults for treating nephrological and neurological orphan diseases, today reported its 2020 financial results.
2020 HIGHLIGHTS
Scientific developments
On March 10, 2020, Advicenne was authorized to make ADV7103 available within the framework of a Temporary Authorization for Use (TAU) scheme established by France s National Agency of Medicine and Health Products Safety (
Agence nationale de sécurité du médicament et des produits de santé (ANSM)). This authorization allows the exceptional use of coated 8 mEq and 24 mEq granules in sachets for the treatment of distal renal tubular acidosis (dRTA) in France. Its prescription is reserved for physicians specializing in nephrology. ....

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Onxeo Reports Full-Year 2020 Financial Results and Provides Business Update


Onxeo Reports Full-Year 2020 Financial Results and Provides Business Update
Regulatory News:
https://us02web.zoom.us/webinar/register/WN T6v8Hc8TRU67rKXPrz2nXw
Onxeo S.A. (Euronext Growth Paris: ALONX, Nasdaq First North Copenhagen: ONXEO) (Paris:ALONX) (NASDAQ OMX:ALONX), a clinical-stage biotechnology company specializing in the development of innovative drugs targeting tumor DNA Damage response (DDR) in oncology, today reported its consolidated financial results for the fiscal e ....

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