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Biofrontera AG Extends Payment Deferral Amid Strategic Negotiations

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Biofrontera AG Extends Payment Deferral Amid Strategic Negotiations

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The latest update is out from Biofrontera ( (DE:B8FK) ).

Biofrontera AG has announced an extension of the payment deferral agreement with Biofrontera Inc. as negotiations continue regarding their existing license and supply agreement. The discussions may lead to significant changes in Biofrontera AG’s business model and strategic orientation, with a deferral of EUR 1.8 million agreed upon during these talks.

More about Biofrontera

Biofrontera AG is a German company operating in the pharmaceutical industry, focusing on the development and commercialization of dermatological products. The company is known for its innovative treatments and solutions in the dermatology sector.

Average Trading Volume: 1,615

Technical Sentiment Signal: Strong Sell

Current Market Cap: €13.86M

See more insights into B8FK stock on TipRanks’ Stock Analysis page.

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