Active Biotech AB Interim report January – March 2021
Financing completed and good progress in the projects
First quarter in brief
Agreement signed for manufacturing of a topical ophthalmic formulation and capsules of laquinimod for use in clinical studies
Activities are ongoing according to plan in the naptumomab and tasquinimod projects
Corporate
Rights issue prospectus published on January 5, 2021
Rights issue oversubscribed by 175% and added 76.2 MSEK to liquidity before issue expenses
Events after the end of the period
Active Biotech and NeoTX announce FDA Clearance of IND for Phase II Clinical Trial of Naptumomab
Financial summary
SEK M | Jan-Mar | Full-year | |||
2021 | 2020 | 2020 | |||
Net sales | - | 0,5 | 6,7 | ||
Operating loss/loss | -9,7 | -9,7 | -32,3 | ||
Profit/loss after tax | -9,8 | -10,1 | -32,2 | ||
Earnings per share (SEK) | -0,05 | -0,06 | -0,19 | ||
Cash and cash equivalents (at close of period) | 92,0 | 47,9 | 26,2 | ||
For further information, please contact:
Helén Tuvesson, CEO |
|
The report is also available at www.activebiotech.com.
Active Biotech is obligated to make public the information contained in this report pursuant to the EU Market Abuse Regulation. This information was provided to the media, through the agency of the contact person set out above, for publication on April 22, 2021, at 08.30 a.m. CET.
Attachment