Evofem Biosciences (EVFM) Misses Q1 EPS by 26c
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Evofem Biosciences Reports First Quarter 2019 Financial Results and Provides Corporate Update
May 7, 2019 6:00 AM EDTSAN DIEGO, May 7, 2019 /PRNewswire/ --Â Evofem Biosciences, Inc., (NASDAQ: EVFM) ("Evofem" or the "Company"), a clinical stage biopharmaceutical company, today reported financial results for the three- month period ended March 31, 2019. First quarter and recent highlights include:
Entered into a securities purchase agreement pursuant to which Evofem may raise up to $80 million through a private placement of common stock from new and existing investors, including a strategic investment from PDL BioPharma (NASDAQ: PDLI), and closed $30 million in the first tranche;... More