Letter from the Chairman & CEO – Invitation to a shareholder information meeting on December 16, 2015 in Paris (in French)

Audio webcast recording in French 

 

Dear Fellow Nicox Shareholders,

As you are well aware, our Company’s share price has been experiencing significant downward pressure which we believe is unwarranted as we are preparing to embark on what we expect to be a transformational year for Nicox. By the end of 2016, Nicox’s portfolio could potentially have two FDA-approved products in the U.S., which we believe places Nicox in a unique position among the European specialty pharmaceutical companies.

At the same time, the growing interest around our European commercial business and the need to focus our financial and human resources on our promising and unencumbered R&D pipeline have led us to carefully evaluate certain strategic alternatives and alliances that may allow us to accelerate the growth of the European revenues while reducing our cash burn.

As a reminder, important preclinical and clinical data on latanoprostene bunod, our innovative drug candidate for the treatment of glaucoma licensed worldwide to Bausch + Lomb, have been published and presented at International Conferences in 2015 (see full list below). The FDA is expected to render a decision for this drug candidate in July 2016 and we are very eager to see its launch in the U.S. market next year should the drug be approved by the FDA.

But 2015 has not only been an important year for latanoprostene bunod:

In conclusion, the Nicox management team and Board believe that we will enter 2016 ready to achieve our important, value-creating milestones. We would like to invite you to a meeting on December 16, 2015, to give you the opportunity to discuss with senior members of the management team, including myself. For more information and to reserve your place, please contact Irène Lalande (lalande@nicox.com; +33.4.97.24.53.00). A live webcast will be available on our website to enable all shareholders to listen and ask questions. A recording will also be posted on our website after the meeting.

Your continued support is much appreciated.

With my best regards,

Michele Garufi, Chairman & Chief Executive Officer, Nicox SA.

 

2015 latanoprostene bunod publications

2015 latanoprostene bunod presentations in congresses

Additional information on the Company is available on our website www.nicox.com, and in particular in the Document de Référence, Rapport Financiel Annuel et Rapport de Gestion 2014.