|
Inhalt der
Ad-Hoc-Mitteilung:
|
Biofrontera AG: Legal dispute on import in the USA
and resulting revised outlook
Leverkusen, Germany (pta008/21.07.2024/14:45
UTC+2) - Biofrontera AG has been sued by a USA
competitor with the argument that Biofrontera
infringes some competitors' lamps patents.
The competitor has filed two different processes,
one for two patent infringements in front of the
district court, and a second one before the ITC
(International Trade Commission), aiming to prohibit
the import in the USA of Biofrontera XL Lamp.
Biofrontera has requested initial legal advice and
is currently in the process of evaluating its legal
position. Biofrontera AG and its subsidiaries have
signed a jointly defense agreement with Biofrontera
Inc, to share legal expenses.
Costs for the ITC legal proceedings are expected
to amount to US$5 million, to be shared between to
two companies. The outlook for the business year 2024
needs to be revised as a result. Currently the
company is about to establish the effects and will
inform about a new outlook once there is more clarity
about the situation. Emitter: Biofrontera AG
Adresse: Hemmelrather Weg 201, 51377 Leverkusen
Country: Germany
Contact person: Investor Relations
Tel.: +49 (0) 214 87 63 20
Email: ir@biofrontera.com
Website: www.biofrontera.com
ISIN(s): DE000A4BGGM7 (Aktie)
Exchanges: Regulated Market in Dusseldorf,
Regulated Market in Frankfurt, Free Market in Berlin,
Free Market in Munich, Free Market in Stuttgart, Open
Market in Tradegate
Quelle:
https://www.pressetext.com/news/20240721008
|