UPPSALA, Sweden, March 26, 2020
UPPSALA, Sweden, March 26, 2020 /PRNewswire/ -- Annual Report, including the Sustainability Report, for the 2019 fiscal year has been published. The Annual Report can be downloaded on the company's website, www.orexo.com (investors/reports, presentations and audiocasts), and a PDF is also attached to this press release.
In regards to ESMA's recommendations the Report also includes the operational and financial impact the company sees due to COVID-19 (CEO Comments, Board of Directors Report and Note 34), which still is in line with earlier communicated information within this field. Orexo will continue to assess the situation and will be providing a further update in the Q1 report scheduled on April 28, 2020.
Orexo develops improved pharmaceuticals and digital therapies addressing unmet needs mainly within the growing space of addiction. The products are commercialized by Orexo in the US or via partners worldwide. The main market today is the American market for buprenorphine/naloxone products, where Orexo commercializes its lead product Zubsolv® for treatment of opioid use disorder. Total net sales for 2019 amounted to SEK 845 million and the number of employees was 127. Orexo is listed on the Nasdaq Stockholm Mid Cap (ORX) and is available as ADRs on OTCQX (ORXOY) in the US. The company is headquartered in Uppsala, Sweden, where research and development activities are performed.
For further information, please contact
Orexo AB (publ.)
IR & Communications Manager
For more information about Orexo please visit, www.orexo.com. You can also follow Orexo on Twitter, @orexoabpubl, LinkedIn and YouTube.
This information is information that Orexo AB (publ.) is obliged to make public in accordance with the
Securities Market Act. The information was submitted for publication at 2 pm CET on March 26, 2020.
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
Orexo publishes the Annual Report for 2019