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Paion AG

PAION is a biopharmaceutical company headquartered in Aachen, Germany and has a second site in Cambridge, UK. The company is specialized in developing and commercializing innovative drugs for the hospital-based treatment in indications for which there is a substantial unmet medical need. PAION has a ´Search & Develop´ business model, which is based on its core expertise in drug development. Where appropriate, particularly during the late stages of the clinical development, PAION seeks to collaborate with experienced partners. *


Period Start 2000-01-01 established_pre
  Group Paion (Group)
  Predecessor Paion Deutschland GmbH
Product Industry pharmaceutical
Persons Person Söhngen, Wolfgang (Paion 200603 CEO)
  Person 2 Omari, Abdelghani (Paion 201409– CFO joined 200810 as VP Finance before KPMG Cologne)
Region Region Aachen
  Country Germany
  Street 10–12 Martinstrasse
  City 52062 Aachen
  Tel +49-241-4453-0
    Address record changed: 2018-07-24
Basic data Employees B: 11 to 50 (2012-12-31)
  Currency EUR
  Annual sales 4,228,000 (revenues, consolidated (2013) 2013-12-31)
  Profit -2,212,000 (2013-12-31)
  Cash 40,500,000 (2015-09-30)
    * Document for �About Section�: Paion AG. (12/19/11). "Press Release: Paion Announces Restructuring. Significant Cost Reduction Due to Restructuring of the Company". Aachen.
Record changed: 2020-04-27


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