DBV Technologies SA - ADR (OQ:DBVT)
Business Focus: Specialty & Advanced Pharmaceuticals
| Sector: Healthcare | Industry: Pharmaceuticals |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 177-181 avenue Pierre Brossolette MONTROUGE 92120 |
| Tel: | N/A |
| Website: | https://www.dbv-technologies.com |
| IR: | See website |
| Key People | ||
| Daniel Tasse Chief Executive Officer, Director | Virginie Boucinha Chief Financial Officer | Pharis Mohideen Chief Medical Officer | Robert G. Pietrusko Chief Regulatory Officer |
| Business Overview |
| DBV Technologies SA is a France-based clinical-stage biopharmaceutical company focused on changing the field of immunotherapy by developing a technology platform called Vaskin. The Company's therapeutic approach is based on epicutaneous immunotherapy, or EPIT, its proprietary method of delivering biologically active compounds to the immune system through intact skin using Viaskin. It dedicates its technology to treat patients, including infants and children, suffering from severe food allergies, for whom safety is paramount, since the introduction of the offending allergen into their bloodstream can cause severe or life-threatening allergic reactions, such as anaphylactic shock. The Company's product portfolio for allergy treatments consists of Viaskin Peanut, Viaskin Milk and Viaskin Egg. The Company operates one subsidiary DBV Technologies Inc. in the United States. |
| Financial Overview |
| For the three months ended 31 March 2024, DBV Technologies SA - ADR revenues decreased 36% to $1.4M. Net loss increased 33% to $27.2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Research and development expenses - Ba increase of 35% to $13.3M (expense), Personnel expenses increase of 26% to $5M (expense). |
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