FORWARD PHARMA A/S-ADR (FWP)

Company Profile

Forward Pharma A/S is a biopharmaceutical company, which engages in the research and development of medicinal treatment for inflammatory and neurological indications. The firm granted to Biogen an irrevocable license to all of its IP through the License Agreement and received from Biogen a non-refundable cash fee of $1.25 billion in February 2017, with the return of EUR 917.7 million to shareholders through a capital reduction in September 2017. The firm has the opportunity to receive royalties from Biogen on Biogen’s net sales of Tecfidera or other DMF products for multiple sclerosis outside the U.S., dependent on, among other things, a favorable outcome in Europe with respect to the 355 Patent Opposition Proceeding, including any appeal thereto.

Company Info

FORWARD PHARMA A/S-ADR

Oestergade 24A, 1, Copenhagen K

COPENHAGEN 1100

P: 4533444242.0

CEO: Claus Bo Svendsen

Employees: 4

Website: http://forward-pharma.com/