Impala Nordic comments on OncoZenge AB (publ) (“OncoZenge” or the “Company”) latest news, including the appointment of Dr. Marie-Louise Fjällskog as Chief Medical Officer (CMO) and the positive one-month initial stability results for the BupiZenge™ technology batch.

The initial stability results, reported within specifications, provide an early indication that the cross-partner manufacturing set-up is functioning as intended, lowering the risk of late manufacturing-related setbacks as the program progresses toward full GMP production. In parallel, Dr. Fjällskog, an oncologist and Associate Professor at Uppsala University, strengthens clinical leadership as the program moves into execution. We also note that while short-term liquidity has been supported via the bridge from Linc AB, the delayed tranche 3 payment from strategic investor Sichuan Yangtian Bio-Pharmaceutical Co. Ltd raises added focus on funding confidence around the remaining tranche payment.

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