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Change of Adviser

22nd Jan 2015 08:00

RNS Number : 8426C
Biofrontera AG
22 January 2015
 



 

Biofrontera AG selects designated sponsor in Germany

Leverkusen, Germany, 22 January 2015 - Biofrontera announces today that it has selected Lang und Schwarz AG, Düsseldorf, as its sole designated sponsor in Germany. The company has terminated its designated sponsorship agreement with M.M. Warburg & CO effective 31 December 2014. Accordingly, the analyst research on Biofrontera previously performed by M.M. Warburg AG has been discontinued

For the London Stock Exchange's AIM market, Shore Capital continues to act as Nomad (Nominated Advisor) and Broker to Biofrontera.

Enquiries, please contact:

 

Biofrontera AG

Prof. Hermann Lübbert, Chairman of the Management Board

Thomas Schaffer, Chief Financial Officer

+49 (0) 214 87 63 2 0

[email protected]

www.biofrontera.com

IR Germany: Brainwell Asset Solutions

Jürgen Benker

+49 (0) 152 08931514

Nomad and Broker: Shore Capital

Bidhi Bhoma / Toby Gibbs

+44(0) 20 7408 4090

IR UK: Seton Services

Toni Vallen

+44(0) 20 7603 6797

Financial PR: Gable Communications

John Bick

+44(0) 20 7193 7463

+44 (0)7872 061007

 

Background:

The Biofrontera Group (FSE/AIM: B8F, ISIN DE0006046113) is a biopharmaceutical company specialising in the development, sale and distribution of drugs and medical cosmetics for the care and treatment of skin diseases. Biofrontera's most important product is Ameluz®, a prescription drug which is approved in Europe for the treatment of mild and moderate actinic keratosis (superficial skin cancer) with photodynamic therapy (light therapy). Biofrontera is the first German pharmaceutical start-up company to obtain centralised approval for a drug it has developed itself. The company also plans for Ameluz® to be approved for basal cell carcinoma and is currently preparing for approval in other countries, especially in the largest pharmaceutical market in the world, the United States.

The company also markets the Belixos® dermatological range of cosmetics. Belixos® products contain combinations of active substances extracted from plants, relieve itching and redness and are used for the regenerative care of chronic skin conditions such as atopic dermatitis or psoriasis. At the moment, Belixos® cream, gel and scalp tonic are available through Amazon.

The Biofrontera Group was established in 1997 by Prof. Dr Hermann Lübbert, the Chairman of the company's Management Board, and has its headquarters in Leverkusen, Germany.

 

www.biofrontera.com

 

This communication expressly or implicitly contains certain forward-looking statements concerning the business activities of Biofrontera AG. These forward-looking statements reflect the opinion of Biofrontera at the time of this communication and involve certain known and unknown risks. The actual results achieved by Biofrontera may differ significantly from future results or performances which are published in its forward-looking statements. Biofrontera assumes no responsibility to update its forward-looking statements.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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