Medincell Joins the Euronext Tech Leaders
11 Juin 2024 - 9:00AM
Business Wire
Regulatory News:
Medincell (Paris:MEDCL):
Reference index for the European tech sector, Euronext Tech
Leaders includes more than 120 high-growth and leading tech
companies listed on Euronext markets (Amsterdam, Brussels, Dublin,
Lisbon, Milan, Oslo, Paris).
By integrating the Euronext Tech Leaders, Medincell gains
access to an extensive ecosystem tailored to the tech sector, that
includes a broad, international investor base financing tech
companies of varying growth stages.
Medincell will also benefit from a wide range of services
designed to support selected companies throughout their listing
journey.
Christophe Douat, CEO of Medincell, said: “We are honored
to join the leading innovative selected to compose this prominent
tech index in Europe, where Medincell is currently listed. This
inclusion underscores our sustained growth and our leadership in
technological innovation within our field. It also adds a new
dimension to our financial strategy in France and beyond by
enhancing our visibility to a new category of international
investors.”
More info about the Euronext Tech Leaders initiative:
https://www.euronext.com/en/raise-capital/euronext-tech-leaders
About Medincell
Medincell is a clinical- and commercial-stage biopharmaceutical
licensing company developing long-acting injectable drugs in many
therapeutic areas. Our innovative treatments aim to guarantee
compliance with medical prescriptions, to improve the effectiveness
and accessibility of medicines, and to reduce their environmental
footprint. They combine active pharmaceutical ingredients with our
proprietary BEPO® technology which controls the delivery of a drug
at a therapeutic level for several days, weeks or months from the
subcutaneous or local injection of a simple deposit of a few
millimeters, entirely bioresorbable. The first treatment based on
BEPO® technology, intended for the treatment of schizophrenia, was
approved by the FDA in April 2023, and is now distributed in the
United States by Teva under the name UZEDY® (BEPO® technology is
licensed to Teva under the name SteadyTeq™). We collaborate with
leading pharmaceutical companies and foundations to improve global
health through new treatment options. Based in Montpellier,
Medincell currently employs more than 140 people representing more
than 25 different nationalities.
UZEDY® and SteadyTeq™ are registered trademarks of Teva
Pharmaceuticals.
www.medincell.com
This press release may contain forward-looking statements,
particularly concerning the progress of the Company's clinical
trials. Although the Company considers that its forecasts are based
on reasonable assumptions, any statements other than statements of
historical fact that may be contained in this press release
relating to future events are subject to change without notice, to
factors beyond the Company's control and to the Company's financial
capabilities.
These statements may include, but are not limited to, any
statements beginning with, followed by or including words or
expressions such as "objective", "believe", "expect", "aim",
"intend", "may", "anticipate", "estimate", "plan", "project",
"will", "may", "probably", "should", "could" and other words or
expressions of similar meaning or used in the negative.
Forward-looking statements are subject to inherent risks and
uncertainties beyond the Company's control which may cause actual
results, performance or achievements of the Company to differ
materially from those anticipated or implied by such
statements.
A list and description of such risks, hazards and uncertainties
can be found in the documents filed by the Company with the
Autorité des Marchés Financiers (AMF) pursuant to its regulatory
obligations, including in the Company's document de base,
registered with the AMF on September 4, 2018 under number I.
18-062, as well as in documents and reports to be published
subsequently by the Company. Furthermore, these forward-looking
statements only apply as of the date of this press release. Readers
are cautioned not to place undue reliance on these forward-looking
statements. Except as required by law, the Company undertakes no
obligation to publicly update these forward-looking statements, nor
to update the reasons why actual results may differ materially from
those anticipated in the forward-looking statements, even if new
information becomes available. The Company's updating of one or
more forward-looking statements does not imply that it will or will
not update these or any other forward-looking statements.
This press release is published for information purposes only.
The information contained herein does not constitute an offer to
sell or a solicitation of an offer to buy or subscribe for
securities of the Company in any jurisdiction whatsoever,
particularly in France. Similarly, this press release does not
constitute investment advice and should not be treated as such. It
is not intended to address the investment objectives, financial
situation or specific needs of any particular recipient. It should
not be relied upon as a substitute for the exercise of your own
judgement. All opinions expressed in this document are subject to
change without notice. The distribution of this press release may
be restricted by law in certain jurisdictions. Persons into whose
possession this press release comes are required to inform
themselves about and to observe any such restrictions.
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version on businesswire.com: https://www.businesswire.com/news/home/20240611550964/en/
David Heuzé - Head of Corporate and Financial Communications,
and ESG david.heuze@medincell.com / +33 (0)6 83 25 21 86
Grace Kim - Head of US Financial Strategy and IR
grace.kim@medincell.com / +1 (646) 991-4023 Investors Relations
France Louis-Victor Delouvrier/Alban Dufumier
medincell@newcap.eu / +33 (0)1 44 71 94 94 Media Relations
Nicolas Mérigeau medincell@newcap.eu / +33 (0)1 44 71 94
94
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