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Last €2.30 EUR
Change Today -0.03 / -1.29%
Volume 88.9K
PA8 On Other Exchanges
As of 3:35 PM 07/3/15 All times are local (Market data is delayed by at least 15 minutes).

paion ag (PA8) Snapshot

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52 Week High
09/23/14 - €3.43
52 Week Low
10/10/14 - €1.66
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Average Volume 10 Days
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Current Stock Chart for PAION AG (PA8)

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paion ag (PA8) Details

Paion AG, a specialty pharma company, develops and commercializes drug candidates for diseases or interventions. Its product candidates include Remimazolam, an ultra short-acting general anaesthetic/sedative agent, which is under various clinical studies and developed to be used in general anesthesia (deep and long sedation of up to several hours) and procedural sedation (short sedation of up to about 30 minutes) in short procedures, such as colonoscopies applications; and Glial Growth Factor 2 that completed Phase I trials to stimulate the growth and differentiation of various cells, including glial cells. Paion AG was founded in 2000 and is headquartered in Aachen, Germany.

26 Employees
Last Reported Date: 05/13/15
Founded in 2000

paion ag (PA8) Top Compensated Officers

Co-Founder, Chairman of Management Board and ...
Total Annual Compensation: €370.0K
Co-Founder, Chief Medical Officer and Member ...
Total Annual Compensation: €340.0K
Chief Financial Officer and Member of Managem...
Total Annual Compensation: €50.0K
Compensation as of Fiscal Year 2014.

paion ag (PA8) Key Developments

Paion AG Presents at BIO International Convention 2015, Jun-16-2015 11:30 AM

Paion AG Presents at BIO International Convention 2015, Jun-16-2015 11:30 AM. Venue: Pennsylvania Convention Center, Philadelphia, Pennsylvania, United States. Speakers: Wolfgang Söhngen, Co-Founder, Chairman of Management Board and Chief Executive Officer.

Paion AG Announces Initiation of Second U.S. Phase III Clinical Trial of Remimazolam for Procedural Sedation During Bronchoscopy

PAION AG announced the initiation of the second pivotal U.S. Phase III clinical trial of Remimazolam, an ultra-short-acting sedative/anesthetic, for procedural sedation in patients undergoing bronchoscopy. The current trial forms the second pivotal study of the Remimazolam Phase III program. PAION and the U.S. Food and Drug Administration (FDA) have agreed on the remaining development program (indications, size of studies and design). This Phase III clinical trial is a prospective, double-blind, randomized, placebo- and midazolam-controlled, U.S. multicenter study in 460 patients undergoing bronchoscopies. Patients will be randomized to receive Remimazolam, midazolam or placebo in addition to fentanyl to achieve moderate sedation. The primary endpoint is the successful completion of the bronchoscopy procedure with no requirement for an alternative sedative. The completion of patient recruitment is expected in 2016.

Paion AG Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Paion AG announced consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenues of EUR 33,000 compared to EUR 4,000 a year ago. Net loss for the period was EUR 4,703,000 or EUR 0.09 per basic and diluted share compared to EUR 2,207,000 or EUR 0.08 per basic and diluted share a year ago. Cash flows from operating activities were EUR 5,761,000 compared to EUR 3,310,000 a year ago.


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