23/02/2017 ABLYNX ANNOUNCES 2016 FULL YEAR RESULTS (Ablynx NV)
(WorldNews Belgium)

(Source: Ablynx NV) ABLYNX ANNOUNCES 2016 FULL YEAR RESULTS Significant progress in key pre-clinical and clinical development programmes Conference call and webcast today at 4pm CET/10am ET GHENT, Belgium, 23 February 2017 - Ablynx [Euronext Brussels: ABLX; OTC: ABYLY] today announced its financial results for the year ended 31st December 2016, which have been prepared in accordance with IFRS as adopted by the European Union, business highlights year-to-date and the outlook for the remainder of the year. Total revenues of EUR85.2 million (+10%); cash position of EUR235.4 million, strengthened by the successful private placement of new shares via an accelerated book building procedure that raised...