Intercell: “We Will Stabilize Our Share Price”

Businessn.a. ♦ Published: June 21, 2011; 23:22 ♦ (Vindobona)

The Austrian biotech company recorded a dramatic drop in its share price. The CEO remains optimistic and promises stabilization.

Intercell: “We Will Stabilize Our Share Price” / Picture: © Vindobona.org

Intercell’s CEO Thomas Lingelbach emphasized that the company was going through a difficult but also a very promising period: “The last year was very difficult. It was characterized by high losses and significant setbacks for us and our shareholders. However, I’m convinced that Intercell is well prepared for a positive renewal thanks to the continued growth of Ixiaro/Jespect, the…