May 6, 2020 / 5:11 AM / 20 days ago

BRIEF-PCI Biotech Q1 Net Financial Result Swings To Profit Of NOK 20.4 Million

May 6 (Reuters) - PCI Biotech Holding ASA:

* REG-PCI BIOTECH: FIRST QUARTER 2020 RESULTS

* PCI BIOTECH HOLDING ASA Q1 OPERATING LOSS NOK 16.0 MILLION VERSUS LOSS NOK 17.9 MILLION YEAR AGO

* Q1 NET FINANCIAL PROFIT NOK 20.4 MILLION VERSUS LOSS NOK 4.9 MILLION YEAR AGO

* IT IS CURRENTLY NOT CLEAR THAT CASH-POSITION WILL SUFFICE TO REACH INTERIM READ OF RELEASE TRIAL, GIVEN UNCERTAINTY SURROUNDING LONG-TERM CONSEQUENCES OF UNPRECEDENTED SITUATION WITH COVID-19 PANDEMIC Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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