Atlanta, GA 2/21/2008 12:53:37 AM
News / Business

PAION AG (PA8) to Release Q4 2007 Earnings March 3

Paion AG (FRA:PA8) will release the fourth quarter earnings for 2007 on March 3.

Based in Aache, Germany, the biopharmaceutical company, Paion AG is engaged in the provision of drugs to treat strokes, problems in relation to the central nervous system and other thrombotic diseases.  The company’s primary activity is to advance drug candidates, purchased and licensed in-house, through clinical development phases and regulatory approval processes.  The company’s main product is Desmoteplase.  It is a plasminogen activator which is used for the treatment of acute ischaemic strokes.

The company operates on a global basis through a partnership with Forest Labs and Lundbeck.

PAION Deutschland GmbH is a wholly owned subsidiary of Paion AG.

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