AGM Information • Jun 4, 2013
AGM Information
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Bagneux, France, June 4th, 2013 - The Combined Shareholders' Meeting of DBV Technologies (Euronext: DBV -ISIN: FR0010417345), creator of Viaskin®, a new standard in the treatment of allergy, chaired by Pierre-Henri Benhamou, Chairman and Chief Executive Officer, was held today in presence of the Board of Directors and the Company's Executive Committee.
The Shareholders' Meeting approved all the resolutions submitted by the Board of Directors. The resolution could be find on DBV' website under section "Investor Relations".
During the Meeting, Pierre-Henri Benhamou and David Schilansky, Chief Financial Officer, presented, in particular, the major events and financial results for 2012 as well as the most important events since the beginning of 2013.
In the US, about 1.1% of the general population, or over 3 million people, is allergic to peanuts, which results in about 100 to 150 deaths per year. This allergy affects both adults and children, and in the United Kingdom, it has been estimated that peanut allergy affects 1.8% of young children. The prevalence of peanut allergy in other Western countries (e.g., Canada, France and Spain) has been studied by many researchers, and the prevalence ranges from 0.9% to 1.5%. Peanut allergy is generally considered to be persistent; many studies indicate that fewer than 20% of children will outgrow their allergy. Peanut allergy is more severe than other common food allergies, including milk and egg allergies.
DBV Technologies is developing Viaskin®, an innovative new approach to the treatment of allergies – a major public health issue that is constantly increasing in prevalence. Food allergies represent a true handicap in everyday life for millions of people, constituting a major unmet medical need. DBV Technologies, incorporated in France in 2002, has developed a proprietary, worldwide-patented technology for administering an allergen to intact skin while avoiding transfer to the blood. The Viaskin® technology combines efficacy and safety as part of a treatment that seeks to improve the patient's tolerability of peanuts, and thus considerably lowers the risk of a systemic, allergic reaction in the event of accidental exposure The product's clinically proven safety profile enables the application of effective desensitization techniques in the most severe forms of the allergy. DBV Technologies is focusing on food allergies, including milk and peanut, for which there are currently no effective treatments. DBV Technologies has designed two products: Viaskin® Peanut and Viaskin® Milk. The clinical development program for Viaskin® Peanut has received Fast Track designation from the US Food and Drug Administration and is currently being studies in Phase II program. The company will subsequently develop a Viaskin® patch for young children with house dust mite allergy – a true public health issue because this pathology is a primary risk factors for childhood asthma.
DBV Technologies shares are traded on segment C of Euronext Paris (Ticker: DBV, ISIN code: FR0010417345).
For more information on DBV Technologies, please visit our website: www.dbv-technologies.com
David Schilansky Chief Financial Officer Tél. : +33(0)1 55 42 78 75 [email protected]
The Trout Group Investor Relations Alan S. Roemer Tél. : +1 (212) 531-3315 [email protected]
NewCap. Financial Communication and investor relations Emmanuel Huynh / Valentine Brouchot Tél. : +33(0)1 44 71 94 94 [email protected]
Ronald Trahan, APR Press relations Ronald Trahan Tél. : +1 508 359 4005 [email protected]
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