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Beskrivning
Land | Sverige |
---|---|
Lista | Small Cap Stockholm |
Sektor | Hälsovård |
Industri | Bioteknik |
KL1333 is on its way to pivotal clinical study - Pivotal study planned for the second half of 2021
Third quarter summary
Important events, third quarter (July - September 2020)
- Abliva receives positive feedback from the US Food and Drug Administration (“FDA”) on the KL1333 clinical development plan for the treatment of primary mitochondrial disease.
- Abliva takes the decision that the company will conduct a cohesive pivotal Phase II/III study with KL1333 starting in the second half of 2021.
- Directed issue of SEK 20 million to Hadean Ventures completed.
- Abliva ran a Mitochondria Day in September.
Important events after the reporting period
- Abliva doses the first patients in the Phase Ia/b clinical study with KL1333.
- Magnus Persson leaves the Board of Directors of Abliva AB to focus on his role as founding partner in Eir Ventures.
- Abliva doses the first healthy volunteers in the company’s drug-drug interaction study (DDI study) with KL1333.
- Abliva receives positive feedback from the UK MHRA on KL1333 Phase II/III study plan.
Financial information
July-September 2020*
- Net revenues: KSEK 0 (0)
- Other operating income: KSEK 11 (1,500)
- Loss before tax: KSEK 10,078 (15,297)
- Loss per share: SEK 0.03 (0.08)
- Diluted loss per share: SEK 0.03 (0.08)
January-September 2020*
- Net revenues: KSEK 105 (85)
- Other operating income: KSEK 45 (2,500)
- Loss before tax: KSEK 46,927 (49,888)
- Loss per share: SEK 0.20 (0.30)
- Diluted loss per share: SEK 0.20 (0.30)
* APM Alternative perfomance measures, see definition on page 19.
The complete Interim report is available for download below and through Abliva's website www.abliva.com
For more information, please contact:
Catharina Johansson, CFO, IR & Communications
+46 (0)46-275 62 21, ir@abliva.com
Abliva AB (publ)
Medicon Village, SE-223 81 Lund, Sweden
Tel: +46 (0)46 275 62 20 (switchboard)
info@abliva.com, www.abliva.com
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Abliva – Delivering mitochondrial health
Abliva develops medicines for the treatment of primary mitochondrial diseases. These congenital, rare, and often very severe diseases occur when the cell's energy provider, the mitochondria, do not function properly. The company is focused on two projects. KL1333, a powerful NAD⁺ regulator, is in clinical development and has been granted orphan drug designation in Europe and the US. NV354, an energy replacement (succinate) therapy, is in preclinical development. Abliva, based in Lund, Sweden, is listed on Nasdaq Stockholm, Sweden (ticker: ABLI).