Biofrontera Says Co And Units Have Entered Into An Agreement With Biofrontera Inc About How To Settle Payment Obligations By Biofrontera Inc

Reuters

05-28

May 27 (Reuters) - Biofrontera AG ::
*BIOFRONTERA- CO AND UNITS HAVE ENTERED INTO AN AGREEMENT WITH BIOFRONTERA INC ABOUT HOW TO SETTLE PAYMENT OBLIGATIONS BY BIOFRONTERA INC
*BIOFRONTERA AG - SETTLEMENT AMOUNT OF APPROX. TWO MILLION EUROS IN TOTAL
*BIOFRONTERA AG - FORECAST COMMUNICATED ON 14TH APRIL IN RELATION TO EBITDA, REVENUES AND AVERAGE REVENUE GROWTH FOR 2025 CAN NO LONGER BE MAINTAINED
*BIOFRONTERA - IF BIOFRONTERA INC IS NOT SUCCESSFUL IN RAISING ADDL. CAPITAL, IT COULD HAVE A MATERIAL ADVERSE EFFECT ON BIOFRONTERA INC.'S BUSINESS
*BIOFRONTERA- IF BIOFRONTERA INC. FAILS TO PAY AMOUNTS DUE TO BIOFRONTERA AG, IT COULD HAVE A MATERIAL ADVERSE EFFECT ON BIOFRONTERA AG'S BUSINESS

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 27-MAY-202517:48:19.613 GMT

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TWO MILLION EUROS IN TOTAL<br/>*BIOFRONTERA AG - FORECAST COMMUNICATED ON 14TH APRIL IN RELATION TO EBITDA, REVENUES AND AVERAGE REVENUE GROWTH FOR 2025 CAN NO LONGER BE MAINTAINED<br/>*BIOFRONTERA - IF BIOFRONTERA INC IS NOT SUCCESSFUL IN RAISING ADDL. CAPITAL, IT COULD HAVE A MATERIAL ADVERSE EFFECT ON BIOFRONTERA INC.'S BUSINESS<br/>*BIOFRONTERA- IF BIOFRONTERA INC. 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