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We are not big enough for the demands on the research programme or the increasing competition. Besides, we have to focus on our core business.
Isn’t the financial power of Bionorica SE sufficient to develop the corresponding potential in the market for medical cannabis itself, especially since Bionorica has a high equity ratio of more than 74 per cent?
The selling price is 225.9 million euros. However, the amount of the sale was not decisive. For several reasons Canopy will be the better home in the future for the cannabis business and the C 3 and Bionorica employees working in this segment.
How high will the proceeds from the sale of the Bionorica cannabis business be?
The growth forecast for the Bionorica core business remains valid.