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Biofrontera AG Explores Strategic Changes with Biofrontera Inc.

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Biofrontera AG Explores Strategic Changes with Biofrontera Inc.

Confident Investing Starts Here:

Biofrontera ( (DE:B8FK) ) has issued an announcement.

Biofrontera AG is currently in negotiations with Biofrontera Inc. to make significant changes to their existing license and supply agreement. These discussions include reducing the transfer price of products sold in the US and exploring strategic options such as a potential merger, which could lead to a major shift in Biofrontera AG’s business model and strategic direction.

More about Biofrontera

Biofrontera AG operates in the pharmaceutical industry, focusing on the development and commercialization of dermatological products. The company is known for its innovative therapies and has a significant market presence in both Germany and the United States.

Average Trading Volume: 1,633

Technical Sentiment Signal: Sell

Current Market Cap: €15.19M

For detailed information about B8FK stock, go to TipRanks’ Stock Analysis page.

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