Ad hoc announcement pursuant to Art. 53 LR
Dublin, Ireland–(Newsfile Corp. – January 9, 2025) – Cosmo Pharmaceuticals N.V. (SIX: COPN) (FSE: C43) (“Cosmo”) reports strong preliminary unaudited 2024 revenue and year end cash, reflecting exceptional revenue growth and a solid cash position. Cosmo will publish 2024 audited consolidated financial statements and Annual Report 2024 on March 20, 2025.
Preliminary Unaudited Revenue and Cash
Business and pipeline update
GI Genius™
Winlevi®
Breezula®
Other Programs:
Giovanni Di Napoli, CEO of Cosmo, stated: “2024 has been a transformative year for Cosmo, marked by innovation, achievement, and significant progress across all fronts. Through strategic investments and a commitment to operational excellence, we are driving growth and redefining market leadership. This year, we strengthened our foundation for future success by fostering a culture of collaboration and welcoming exceptional leaders, including a new Chief Financial Officer, Head of Business Development, and Chief Strategy Officer. Together, we are executing an ambitious roadmap to position Cosmo for sustained top-line growth. As we look to the future, 2024 is just the beginning of an exciting new chapter for Cosmo, with even greater achievements ahead.”
Svetlana Sigalova, CFO, added: “Our robust cash position and debt-free balance sheet enable us to advance our pipeline and deliver value to patients and shareholders alike. We look forward to engaging with our stakeholders at the upcoming J.P. Morgan Healthcare Conference.”
Connect with Cosmo at JPM 2025
Cosmos’ senior leadership team is available from January 13-15 in San Francisco and would welcome the opportunity to connect. Please email us at investor.relations@cosmopharma.com to schedule a meeting.
About Cosmo
Cosmo Pharmaceuticals N.V. is committed to revolutionizing healthcare and transforming people’s lives by researching and developing innovative products that tackle unfulfilled healthcare demands. As a pharmaceutical company, Cosmo is active in the areas of Healthtech/AI, dermatology, gastroenterology and contract manufacturing & development. For the commercialization and distribution of its products, Cosmo collaborates with leading partners worldwide, including Medtronic and Sun Pharma. Founded in 1997, Cosmo is headquartered in Dublin (Ireland) and has offices also in San Diego (USA), and Lainate/Rome/Catania (Italy). The Company has approximately 330 employees at the end of 2024, all dedicated to making a significant impact in the field of healthcare. For more information, please visit www.cosmopharma.com.
Upcoming Events
Baader Swiss Equities Conference, Bad Ragaz January 9, 2025
J.P: Morgan 43rd Annual Healthcare Conference, San Francisco January 13-15, 2025
J.P. Morgan European Opportunities Forum, London March 12, 2025
Audited 2024 Full Year Results and Annual Report Publication March 20, 2025
26th Kepler Cheuvreux Swiss Seminar, Zurich March 20, 2025
For further information, please contact
Hazel Winchester
Head of Investor Relations
Cosmo Pharmaceuticals N.V.
Tel: +353 1 817 03 70
hwinchester@cosmopharma.com
Disclaimer
Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. Cosmo does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated status of such statements. Therefore, in no case whatsoever will Cosmo and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages.
Attachments
250109_Cosmo Pharma_Media Release_Preliminary Results 2024_EN_Final
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/236558
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