PRESS RELEASE : Vivoryon Therapeutics N.V.: Vivoryon Therapeutics Announces Financial Results for the First Quarter of 2021 and Provides Corporate Update

DGAP-News: Vivoryon Therapeutics N.V. / Key word(s): Quarter Results/Quarterly / Interim Statement 
Vivoryon Therapeutics N.V.: Vivoryon Therapeutics Announces Financial Results for the First Quarter of 2021 and 
Provides Corporate Update 
2021-06-25 / 07:00 
The issuer is solely responsible for the content of this announcement. 
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Vivoryon Therapeutics Announces Financial Results 
for the First Quarter of 2021 and Provides Corporate Update 
HALLE (SAALE) / MUNICH, GERMANY, June 25, 2021 - Vivoryon Therapeutics N.V. (Euronext Amsterdam: VVY; NL00150002Q7) ( 
Vivoryon) today announced financial results and provided a corporate update for the first quarter of 2021, ending March 
31, 2021. The report is available on the Company website at www.vivoryon.com/investors-news/financial-information. 
 
"As we continue moving forward through 2021, our focus remains set primarily on our proprietary Alzheimer's disease 
(AD) pipeline. VIVIAD, our European Phase 2b study with our lead AD candidate, varoglutamstat, is well underway and we 
plan to launch VIVA-MIND, our US Phase 2a/b study, later this year. VIVA-MIND is designed as a complementary study to 
VIVIAD in an effort to strategically broaden our statistical base," said Dr. Ulrich Dauer, Chief Executive Officer of 
Vivoryon. "The Vivoryon team remains dedicated to creating value for patients and their families through our innovative 
AD platform and we look forward to seeing our program's continued progress throughout the course of this year." 
 
Selected Business Updates 
New ISIN code 
In connection with the conversion into a Dutch N.V., Vivoryon shares started trading under a new International 
Securities Identification Number (ISIN), NL00150002Q7 as of January 11, 2021. The new German securities identification 
code (WKN) is A2QJV6. 
 
Re-Appointment of Ulrich Dauer as CEO and Appointment of Florian Schmid as CFO 
Vivoryon's shareholders approved all resolutions proposed by the Company's Board of Directors at the Company's 
Extraordinary General Meeting (EGM) which took place on March 12, 2021. Key agenda items for the EGM included: the 
re-appointment of Dr. Ulrich Dauer as Executive Member of the Board and re-granting him the title of Chief Executive 
Officer, the appointment of Mr. Florian Schmid as Executive Member of the Board and granting him the title of Chief 
Financial Officer, and the appointment of KPMG Accountants N.V., Amsterdam, The Netherlands, as external auditor for 
the financial year 2020. 
 
KOL Event on Current Clinical Landscape in Alzheimer's Disease Treatment 
On April 15, 2021, Vivoryon hosted a virtual event covering next steps in Alzheimer's disease treatment options with 
leaders and experts in the field. The interactive session covered discussions surrounding current hurdles and exciting, 
novel approaches to the challenging AD space, including varoglutamstat, the Company's small molecule inhibitor of 
glutaminyl cyclase (QPCT) designed to target all three hallmarks of AD: amyloid-beta, tau, and neuroinflammation. The 
panel of participating AD experts featured Professor Philip Scheltens, MD, PhD, Director at the Alzheimer Center 
Amsterdam and Managing Partner of the LSP Dementia Fund, Howard Feldman, MD, Professor, Department of Neurosciences and 
Director of the Alzheimer's Disease Cooperative Study at the University of California San Diego School of Medicine and 
Frank Weber, MD, Chief Medical Officer at Vivoryon. 
Update for Annual General Meeting of Shareholders 
In accordance with the decree of May 27, 2021 on amending expiry dates of legal provisions made in connection with the 
COVID-19 outbreak as published on May 31, 2021, the Temporary COVID-19 Justice and Safety Act has been extended. 
Therefore, Vivoryon's Annual General Meeting (AGM) will be held on Monday, June 28, 2021, at 10:30 a.m. (CEST) as a 
virtual meeting via an audio webcast which will be available, along with all relevant documents, on the Company's 
website at https://www.vivoryon.com/ordinary-general-meeting-of-shareholders-2021/. 
Financial Review 
In the first quarter of 2021, research and development expenses amounted to EUR 4,414 k and increased compared to the 
first quarter of 2020 (EUR 2,783 k). This increase was mainly driven by costs associated with VIVIAD the clinical Phase 
2b study in Alzheimer's disease in Europe and production cost for our compound varoglutamstat /PQ912 which is used in 
this trial as well as in the US trial VIVA-MIND which is planned to start later this year. 
 
General and administrative expenses increased to EUR 1,114 k (Q1 2020: EUR 580 k). This increase is largely 
attributable to consulting (2021: EUR 507 k, 2020: EUR 277 k) and share based payment expense (2021: EUR 232 k, 2020: 
nil). The Company did not generate any licensing revenue in the reporting period. 
 
Net loss of the period was EUR 5,366 k compared to EUR 3,625 k in the first quarter of 2020. 
The Company held EUR 23,777 k in cash and cash equivalents as of March 31, 2021, respectively EUR 26,306 k as of 
December 31, 2020. 
 
All results are in line with management expectations. 
 
Additional information regarding other relevant information is included in the financial statements as of December 31, 
2020, which is included in the Company's Annual Report 2020. 
 
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For more information, please contact: 
Vivoryon Therapeutics N.V. 
Dr. Manuela Bader, Director IR & Communication 
Tel: [phone] 
Email: [e-mail] 
Trophic Communications 
Gretchen Schweitzer / Valeria Fisher 
Tel: [phone] or [phone] 
Email: [e-mail] 
About Vivoryon Therapeutics N.V. 
With 20+ years of unmatched understanding in identifying post-translational modifying enzymes that play critical roles 
in disease initiation and progression, Vivoryon's scientific expertise has facilitated the creation of a discovery and 
development engine for small molecule therapeutics. This platform has demonstrated success by developing a novel 
therapeutic in type 2 diabetes. In its current programs Vivoryon is advancing its lead product, varoglutamstat (PQ912), 
in Alzheimer's disease and its entire portfolio of QPCT and QPCTL inhibitors in oncology and other indications. In 
addition, the Company pursues a development program for Meprin protease inhibitors with potential therapeutic use in 
fibrotic diseases, cancer and acute kidney injury. www.vivoryon.com 
Forward Looking Statements 
Information set forth in this press release contains forward-looking statements, which involve a number of risks and 
uncertainties. The forward-looking statements contained herein represent the judgment of Vivoryon Therapeutics N.V. as 
of the date of this press release. Such forward-looking statements are neither promises nor guarantees but are subject 
to a variety of risks and uncertainties, many of which are beyond our control, and which could cause actual results to 
differ materially from those contemplated in these forward-looking statements. We expressly disclaim any obligation or 
undertaking to release publicly any updates or revisions to any such statements to reflect any change in our 
expectations or any change in events, conditions or circumstances on which any such statement is based. 
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2021-06-25 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
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Language:     English 
Company:      Vivoryon Therapeutics N.V. 
              Weinbergweg 22 
              06120 Halle/Saale 
              Germany 
Phone:        [phone] 
Fax:          [phone] 
E-mail:       [e-mail] 
Internet:     www.vivoryon.com 
ISIN:         NL00150002Q7 
WKN:          A2QJV6 
Listed:       Regulated Unofficial Market in Berlin, Frankfurt, Munich, Stuttgart; Amsterdam 
EQS News ID:  1211807 
 
End of News   DGAP News Service 
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1211807 2021-06-25

 
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June 25, 2021 01:00 ET (05:00 GMT)