Biofrontera reports Q1 2020 financial results
Leverkusen, May 19, 2020 (GLOBE NEWSWIRE) -- Biofrontera AG (NASDAQ: BFRA; Frankfurt Stock Exchange: B8F) (the “Company”), an international biopharmaceutical company, today reported its financial results for the first quarter ended March 31, 2020 and provided an update on recent developments.
Key financial figures and business performance in Q1 2020
EUR thousands | 3M 2020 | 3M 2019 | Change |
Total revenue | 6,473 | 6,808 | (5%) |
Research and development costs | (1,311) | (1,088) | 21% |
General administrative costs | (2,232) | (1,974) | 13% |
Sales costs | (8,698) | (5,554) | 57 |