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Genfit SA (GNFT.PA)

Paris - Paris Prix différé. Devise en EUR
Ajouter à la liste dynamique
4,1020-0,1060 (-2,52 %)
À partir de 4:54PM CET. Marché ouvert.
Plein écran
Clôture précédente4,2080
Ouverture4,1780
OffreS.O. x S.O.
VenteS.O. x S.O.
Var. jour4,1000 - 4,1840
Sur 52 semaines3,0220 - 20,9600
Volume284 887
Volume moyen693 068
Cap. boursière171,617M
Bêta (mensuel sur 5 ans)1,18
Rapport P/E (sur 12 mois)S.O.
BPA (sur 12 mois)-1,6420
Date de bénéfices30 sept. 2020
Dividende et rendement à termeS.O. (S.O.)
Date ex-dividendeS.O.
Objectif sur 1 an63,89
  • Globe Newswire

    GENFIT appoints Jean-François Tiné to the Board of Directors

    Lille, France; Cambridge, MA; March 04, 2021 - GENFIT (Nasdaq and Euronext: GNFT), a late-stage biopharmaceutical company dedicated to improving the lives of patients with metabolic and liver diseases, today announced the appointment of Jean-François Tiné as an independent board member. GENFIT’s Board of Directors has appointed Jean-François Tiné to replace Philippe Moons who resigned from his position as member of the Board. Jean-François Tiné will also join the Strategy and Alliances Committee and Eric Baclet will become a member of the Audit Committee. Jean-François Tiné is a seasoned senior investment banking executive. In 2017, he was appointed Chairman of Equity Capital Markets at Natixis Corporate & Investment Banking after joining Natixis in 2005 as Global Head of Equity Capital Markets. He began his career in various sales, trading and syndication positions in the London and Paris capital markets at Union Bancaire Privée, Crédit Suisse, First Boston and Bank of America. In 1993, he became an associate at MC Securities in London, before being appointed three years later as Global Head of Equity Syndicate at Société Générale in Paris. This appointment is subject to ratification by the Shareholders Meeting. Jean-François Mouney, Chairman of the Board of Directors of GENFIT, commented: “The Board of Directors is thrilled to welcome Jean-François Tiné, whose experience and recognized know-how in the corporate finance sector are valued assets to accompany GENFIT in its future development. The Board thanks Philippe Moons for his engagement and support of GENFIT’s development from the Company’s very beginning.” Jean-François Tiné, added: “I am pleased to join GENFIT’s Board of directors at a time when the Company’s prospects are especially interesting. In 2020, the Company managed to reinvent itself and enters 2021 in optimum conditions. They have a clear roadmap with significant growth potential, and several levers are now ready to be pulled. Now is the time to intensify our efforts to mobilize and engage investors and reposition GENFIT where it belongs.” ABOUT GENFIT GENFIT is a late-stage biopharmaceutical company dedicated to improving the lives of patients with cholestatic and metabolic chronic liver diseases. GENFIT is a pioneer in the field of nuclear receptor-based drug discovery, with a rich history and strong scientific heritage spanning more than two decades. GENFIT is currently enrolling in ELATIVE™, a Phase 3 clinical trial evaluating elafibranor in patients with Primary Biliary Cholangitis (PBC). Elafibranor is an investigational compound that has not been reviewed and has not received approval by any regulatory authority. As part of GENFIT’s comprehensive approach to clinical management of patients with liver disease, the Company is also developing NIS4™, a new, non-invasive blood-based diagnostic technology which could enable easier identification of patients with at-risk NASH. NIS4™ technology has been licensed to LabCorp® in the U.S. and Canada for the development and commercialization of a blood-based molecular diagnostic test powered by NIS4™ technology. GENFIT has facilities in Lille and Paris, France, and Cambridge, MA, USA. GENFIT is a publicly traded company listed on the Nasdaq Global Select Market and on compartment B of Euronext’s regulated market in Paris (Nasdaq and Euronext: GNFT). www.genfit.com FORWARD LOOKING STATEMENTS This press release contains certain forward-looking statements with respect to GENFIT, including those within the meaning of the Private Securities Litigation Reform Act of 1995, with respect to GENFIT, including statements regarding the approval of the appointment of Jean-François Tiné as independent board member by the Shareholders Meeting and the Genfit’s growth potential. The use of certain words, including “consider”, “contemplate”, “think”, “aim”, “expect”, “understand”, “should”, “aspire”, “estimate”, “believe”, “wish”, “may”, “could”, “allow”, “seek”, “encourage” or “have confidence” or (as the case may be) the negative forms of such terms or any other variant of such terms or other terms similar to them in meaning is intended to identify forward-looking statements. Although the Company believes its projections are based on reasonable expectations and assumptions of the Company’s management, these forward-looking statements are subject to numerous known and unknown risks and uncertainties, which could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking statements. These risks and uncertainties include, among other things, the uncertainties inherent in research and development, including in relation to safety, biomarkers, progression of, and results from, its ongoing and planned clinical trials, review and approvals by regulatory authorities of its drug and diagnostic candidates, exchange rate fluctuations and the Company’s continued ability to raise capital to fund its development, as well as those risks and uncertainties discussed or identified in the Company’s public filings with the AMF, including those listed in Chapter 2 “Main Risks and Uncertainties” of the Company’s 2019 Universal Registration Document filed with the AMF on 27 May 2020 under n° D.20-0503 and in Section 2 “Risk Factors” of the Company’s Amendment to the Universal Registration Document filed with the AMF on 22 December 2020 under n° D.20-0503-A01, which are available on the Company’s website (www.genfit.com) and on the website of the AMF (www.amf-france.org) and public filings and reports filed with the U.S. Securities and Exchange Commission (“SEC”) including the Company’s 2019 Annual Report on Form 20-F filed with the SEC on May 27, 2020. In addition, even if the Company’s results, performance, financial condition and liquidity, and the development of the industry in which it operates are consistent with such forward-looking statements, they may not be predictive of results or developments in future periods. These forward-looking statements speak only as of the date of publication of this document. Other than as required by applicable law, the Company does not undertake any obligation to update or revise any forward-looking information or statements, whether as a result of new information, future events or otherwise. CONTACT GENFIT | Investors Naomi EICHENBAUM – Investor Relations | Tel: +1 (617) 714 5252 | investors@genfit.com PRESS RELATIONS | Media Hélène LAVIN – Press relations | Tel: +333 2016 4000 | helene.lavin@genfit.com GENFIT | 885 Avenue Eugène Avinée, 59120 Loos - FRANCE | +333 2016 4000 | www.genfit.com Attachment GENFIT appoints Jean-François Tiné to the Board of Directors

  • Globe Newswire

    GENFIT : Jean-François Tiné rejoint le Conseil d’Administration

    Lille (France), Cambridge (Massachusetts, États-Unis), le 4 mars 2021 – GENFIT (Nasdaq et Euronext: GNFT), société biopharmaceutique de phase avancée engagée dans l’amélioration de la vie des patients atteints de maladies hépatiques et métaboliques, annonce aujourd’hui la cooptation de Monsieur Jean-François Tiné en qualité d’administrateur indépendant. Le Conseil d’Administration de GENFIT a décidé de coopter Monsieur Jean-François Tiné en remplacement de Monsieur Philippe Moons qui a démissionné de ses fonctions. Monsieur Jean-François Tiné intègrera le Comité Stratégie et Alliances et monsieur Eric Baclet le Comité d’Audit. Monsieur Jean-François Tiné est un cadre dirigeant aguerri de la banque d’investissement. Il a notamment occupé la fonction de chairman du marché primaire actions au sein de la banque de grande clientèle de Natixis, poste auquel il a été nommé en 2017. Avant cette nomination, il était responsable mondial du marché primaire actions de Natixis depuis 2005. Il a commencé sa carrière en occupant diverses fonctions de vente, de trading et de syndication dans les activités de marché à Londres et à Paris, notamment chez Union Bancaire Privée, Crédit Suisse First Boston et Bank of America. En 1993, il devient associé de MC Securities à Londres, avant d’être nommé, trois ans plus tard, responsable mondial des activités de syndication chez Société Générale à Paris. Cette cooptation sera soumise à la ratification de l’Assemblée Générale. Jean-François Mouney, Président du Conseil d’Administration de GENFIT, a déclaré : « Le Conseil se réjouit de l’arrivée de Jean-François Tiné dont l’expérience et les compétences reconnues dans le domaine de la finance d’entreprise seront des atouts précieux pour accompagner GENFIT dans son développement futur. Le Conseil remercie également Monsieur Philippe Moons pour son engagement et sa participation sans faille au développement de GENFIT dès les premiers pas de l’entreprise ». Jean-François Tiné, a déclaré : « Je suis ravi de rejoindre le Conseil d’Administration de GENFIT à un moment où les perspectives sont particulièrement intéressantes. La société a su se réinventer rapidement en 2020 et aborde 2021 dans des conditions optimales. La feuille de route est claire, le potentiel de croissance est réel et plusieurs leviers sont désormais prêts à être actionnés. Il s’agit aujourd’hui d’intensifier l’effort de mobilisation et d’engagement auprès des investisseurs pour repositionner GENFIT à la place qu’elle mérite. » À PROPOS DE GENFIT GENFIT est une société biopharmaceutique avancée engagée dans l’amélioration de la vie des patients atteints de maladies cholestatiques et métaboliques chroniques du foie. GENFIT est pionnier dans le domaine de la découverte de médicaments basés sur les récepteurs nucléaires, fort d'une histoire riche et d'un solide héritage scientifique de près de deux décennies. GENFIT recrute actuellement des patients pour ELATIVE™, un essai clinique de Phase 3 évaluant elafibranor dans la cholangite biliaire primitive (« PBC »). Elafibranor est un composé en cours d’évaluation et n’a été revu ni n’a reçu d’approbation d’aucune autorité réglementaire. Abordant la prise en charge clinique des patients atteints de maladies hépatiques à travers une approche intégrée, GENFIT développe également NIS4™, une technologie nouvelle de diagnostic visant à faciliter l’identification des patients atteints de NASH « à risque ». NIS4™ fait l’objet d’un accord de licence à la Société LabCorp® pour le développement et la commercialisation aux Etats-Unis et au Canada d’un test diagnostic moléculaire sanguin basé sur cette technologie. GENFIT est installée à Lille, Paris et Cambridge, MA (États-Unis). GENFIT est une société cotée sur le Nasdaq Global Select Market et sur le marché réglementé d’Euronext à Paris, Compartiment B (Nasdaq et Euronext : GNFT). www.genfit.fr AVERTISSEMENT Ce communiqué de presse contient des déclarations prospectives à propos de GENFIT, y compris au sens où l’entend le Private Securities Litigation Reform Act de 1995 et en particulier des déclarations prospectives relatives à la cooptation par l’Assemblée Générale des actionnaires de Monsieur Jean-François Tiné en qualité d’administrateur indépendant. L’utilisation de certains mots, comme tels que « considérer », « envisager », « penser », « avoir pour objectif », « s’attendre à », « entendre », « devoir », « ambitionner », « estimer », « croire », « souhaiter », « pouvoir », « permettre », « viser », « encourager », « être confiant » ou, le cas échéant, la forme négative de ces mêmes termes, ou toute autre variante ou terminologie similaire. Bien que la Société considère que ses projections sont basées sur des hypothèses et attentes raisonnables de sa Direction Générale, ces déclarations prospectives peuvent être remises en cause par un certain nombre d’aléas et d’incertitudes connus ou inconnus, ce qui pourrait donner lieu à des résultats substantiellement différents de ceux décrits, induits ou anticipés dans lesdites déclarations prospectives. Ces aléas et incertitudes comprennent, parmi d’autres, les incertitudes inhérentes à la recherche et développement, y compris dans le domaine des biomarqueurs, au progrès et aux résultats des essais cliniques prévus et en cours, aux examens et autorisations d’autorités réglementaires concernant ses candidats-médicaments et solutions diagnostiques, à la fluctuation des devises, à la capacité de la Société à continuer à lever des fonds pour son développement, ainsi qu’à ceux développés au Chapitre 2 « Facteurs de risque et contrôle interne » du Document d’Enregistrement Universel 2019 de la Société déposé auprès de l’Autorité des marchés financiers (« AMF ») le 27 mai 2020 sous le numéro D.20-0503, ainsi qu’à la section 2 « Facteurs de risque » de de l’Amendement au Document d’Enregistrement Universel déposé auprès de l’AMF le 22 décembre 2020 sous le numéro D.20-0503-A01, disponibles sur les sites Internet de GENFIT (www.genfit.fr) et de l’AMF (www.amf-france.org) et à ceux développés dans les documents publics et rapports déposés auprès de la Securities and Exchange Commissions (« SEC ») américaine, y compris le Rapport Annuel Form 20-F déposé auprès de la SEC le 27 mai 2020. De plus, même si les résultats, la performance, la situation financière et la liquidité de la Société et le développement du secteur industriel dans lequel elle évolue sont en ligne avec de telles déclarations prospectives, elles ne sauraient être prédictives de résultats ou de développements dans le futur. Ces déclarations prospectives ne sont valables qu’à la date de publication de ce document. Sous réserve de la réglementation applicable, la Société ne prend aucun engagement de mise à jour ou de révision des informations contenues dans ce communiqué, que ce soit en raison de nouvelles informations, d’évènements futurs ou autres. CONTACT GENFIT Naomi EICHENBAUM – Relations Investisseurs | Tel : +1 (617) 714 5252 | investors@genfit.com Hélène LAVIN – GENFIT | Tel : 03 20 16 40 00 | helene.lavin@genfit.com Relations Presse - ULYSSE COMMUNICATION - Bruno ARABIAN | Tel : 06 87 88 47 26 | barabian@ulysse-communication.com GENFIT | 885 Avenue Eugène Avinée, 59120 Loos - FRANCE | +333 2016 4000 | www.genfit.com Pièce jointe GENFIT : Jean-François Tiné rejoint le Conseil d’Administration

  • Globe Newswire

    GENFIT: Revenues and Cash Position as of December 31, 2020

    Cash and cash equivalents totaled €171 million as of December 31, 2020The announced cash position omits the partial buyback of the OCEANEs convertible bonds by GENFIT, for €47.48 million1, completed in January 2021 Lille, France; Cambridge, MA; February 26, 2021 - GENFIT (Nasdaq and Euronext: GNFT), a late-stage biopharmaceutical company dedicated to improving the lives of patients with metabolic and liver diseases, today announced its cash position as of December 31, 2020 and revenues for 20202. Financials As of December 31, 2020, the Company’s cash and cash equivalents amounted to €171.0 million compared with €276.7 million, as of December 31, 2019. As of June 30, 2020, cash and cash equivalents amounted to €225.7 million. The cash position as of December 31, 2020 omits the cost of the partial buyback by the Company for its convertible bonds (OCEANEs) issued in October 2017 and amounting to approximately €180 million. Following the completion of this transaction, €85.7 million of convertible debt was canceled by spending a gross amount of only €47.48 million. Given the conversions of bonds into shares in January 2021, which led to the creation of 3,037,309 new shares in February 2021, the residual convertible debt, initially reduced to a nominal amount of €94.3 million through the partial buyback transaction, was further reduced by a nominal amount of €16.3 million, with approximately €78 million outstanding as of February 18, 2021. Pascal Prigent, CEO of GENFIT, commented: “Since the announcement of our new corporate strategy in the Fall of 2020, GENFIT has achieved a significant amount and I’m satisfied with the early direction of 2021. ELATIVETM, our Phase 3 clinical trial in PBC, is on track, and we recently organized a KOL event on this disease, which highlighted the potential of elafibranor in this market already worth >$300M in 2020, and expected to reach $1bn in 2025, at the time we hope to launch. Next to this, we successfully restructured the convertible debt at the end of January 2021, with a maturity extended to October 2025. Some bondholders have since converted their OCEANEs, further reducing the outstanding debt to approximately €78 million. We will present advances on our R&D programs at the next corporate update, to take place before the summer.” Revenues 3 Revenues for 2020 amounted to €765 thousand compared to €31 million for 2019. Revenues included revenues from the licensing agreements with Covance/Labcorp to roll out the NIS4™ diagnostic technology in NASH and the sale of goods and services provided pursuant to the collaboration and license agreement with Terns Pharmaceuticals. As a comparison, revenues for 2019 mainly consisted of the $35 million upfront payment received from Terns Pharmaceuticals as part of the collaboration and license agreement. Reminder On September 30, 2020, GENFIT announced its plan to reduce its cash burn by 50% by 2022 compared to the cash burn before the publication of the RESOLVE-IT Phase 3 data readout. The Company reiterates its goal to reduce the cash burn rate from €110 million annually before our Phase 3 data, to approximately €45 million annually, beginning in 2022. 2021 will be a transition year with a cash burn of approximately €75 million (excluding the partial OCEANEs buyback transaction for €47.48 million in cash) mainly due to the residual expenses related to the termination of the RESOLVE-IT clinical trial, and to costs associated with the workforce reduction plan. Upcoming Financial Communications The Company will release its full-year 2020 financial results on April 1, 2021. The 2020 Universal Registration Document, the 2021 Annual Financial Report (included in the 2020 Universal Registration Document), and the Annual Report on Form 20-F will be published by the end of April 2021. ABOUT GENFIT GENFIT is a late-stage biopharmaceutical company dedicated to improving the lives of patients with cholestatic and metabolic chronic liver diseases. GENFIT is a pioneer in the field of nuclear receptor-based drug discovery, with a rich history and strong scientific heritage spanning more than two decades. GENFIT is currently enrolling in ELATIVE™, a Phase 3 clinical trial evaluating elafibranor in patients with Primary Biliary Cholangitis (PBC). Elafibranor is an investigational compound that has not been reviewed and has not received approval by any regulatory authority. As part of GENFIT’s comprehensive approach to clinical management of patients with liver disease, the Company is also developing NIS4™, a new, non-invasive blood-based diagnostic technology which could enable easier identification of patients with at-risk NASH. NIS4™ technology has been licensed to LabCorp® in the U.S. and Canada for the development and commercialization of a blood-based molecular diagnostic test powered by NIS4™ technology. GENFIT has facilities in Lille and Paris, France, and Cambridge, MA, USA. GENFIT is a publicly traded company listed on the Nasdaq Global Select Market and on compartment B of Euronext’s regulated market in Paris (Nasdaq and Euronext: GNFT). www.genfit.com FORWARD LOOKING STATEMENTS This press release contains certain forward-looking statements with respect to GENFIT, including those within the meaning of the Private Securities Litigation Reform Act of 1995, with respect to GENFIT, including statements regarding the Company’s ability to meet clinical, regulatory and commercial milestones and timelines in our PBC program, expectations for disease prevalence, growth and size of the PBC market, including GENFIT’s potential market share and revenues and projected cash burn. The use of certain words, including “consider”, “contemplate”, “think”, “aim”, “expect”, “understand”, “should”, “aspire”, “estimate”, “believe”, “wish”, “may”, “could”, “allow”, “seek”, “encourage” or “have confidence” or (as the case may be) the negative forms of such terms or any other variant of such terms or other terms similar to them in meaning is intended to identify forward-looking statements. Although the Company believes its projections are based on reasonable expectations and assumptions of the Company’s management, these forward-looking statements are subject to numerous known and unknown risks and uncertainties, which could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking statements. These risks and uncertainties include, among other things, the uncertainties inherent in research and development, including in relation to safety, biomarkers, progression of, and results from, its ongoing and planned clinical trials, review and approvals by regulatory authorities of its drug and diagnostic candidates, exchange rate fluctuations and the Company’s continued ability to raise capital to fund its development, as well as those risks and uncertainties discussed or identified in the Company’s public filings with the AMF, including those listed in Chapter 2 “Main Risks and Uncertainties” of the Company’s 2019 Universal Registration Document filed with the AMF on 27 May 2020 under n° D.20-0503 and in Section 2 “Risk Factors” of the Company’s Amendment to the Universal Registration Document filed with the AMF on 22 December 2020 under n° D.20-0503-A01, which are available on the Company’s website (www.genfit.com) and on the website of the AMF (www.amf-france.org) and public filings and reports filed with the U.S. Securities and Exchange Commission (“SEC”) including the Company’s 2019 Annual Report on Form 20-F filed with the SEC on May 27, 2020. In addition, even if the Company’s results, performance, financial condition and liquidity, and the development of the industry in which it operates are consistent with such forward-looking statements, they may not be predictive of results or developments in future periods. These forward-looking statements speak only as of the date of publication of this document. Other than as required by applicable law, the Company does not undertake any obligation to update or revise any forward-looking information or statements, whether as a result of new information, future events or otherwise. CONTACT GENFIT | Investors Naomi EICHENBAUM – Investor Relations | Tel: +1 (617) 714 5252 | investors@genfit.com PRESS RELATIONS | Media Hélène LAVIN – Press relations | Tel: +333 2016 4000 | helene.lavin@genfit.com 1 Excluding transaction-related costs 2 Unaudited financial information under IFRS3 Revenues recognized under IFRS 15 GENFIT | 885 Avenue Eugène Avinée, 59120 Loos - FRANCE | +333 2016 4000 | www.genfit.com Attachment GENFIT: Revenues and Cash Position as of December 31, 2020