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Beskrivning
Land | Sverige |
---|---|
Lista | First North Stockholm |
Sektor | Hälsovård |
Industri | Bioteknik |
2022-02-17 08:00:00
Additional evaluation agreement and positive results in preclinical investigation of NEX-18
Significant events during the fourth quarter 2021
- Nanexa received a decision from the Swedish Financial Supervisory Authority to pay a penalty of SEK 1,000,000 in relation to an incident that occurred in 2017.
- Nanexa signed an additional Material Transfer and Feasibility Study Agreement with one of its existing customers for the evaluation of the PharmaShell® technology with a specific biological drug substance.
- Additional preclinical studies were initiated in October to investigate the cause of the moderate skin reactions seen in the company's Phase I study of NEX-18, a long-acting formulation of azacitidine based on PharmaShell.
Significant events after the end of the period
- Nanexa was granted a patent in the US (US 11,214,865 B2) for an ALD reactor adapted for large-scale production of PharmaShell-coated drugs.
- Nanexa announced that the company’s preclinical investigation indicates the cause of and a potential solution to the moderate skin reactions that arose in the clinical study with NEX-18. With these results, Nanexa is expanding its preclinical program to optimize the formulation of NEX-18, and the project is expected to re-enter clinical phase next year.
Summary of the reporting period 1 October - 31 December 2021
- Turnover amounted to: TSEK 670 (549)
- Operating profit (EBIT) amounted to: TSEK -13,045 (-7,768)
- Profit after tax amounted to: TSEK -13,087 (-7,814)
- Earnings per share amounted to: SEK -0.26 (-0.37)
- Cash flow for the period amounted to: TSEK -14,139 (-13,300)
- Cash and cash equivalents at end of period: TSEK 105,660 (12,691)
Summary of the reporting period 1 January - 31 December 2021
- Turnover amounted to: TSEK 2,374 (2,367)
- Operating profit (EBIT) amounted to: TSEK -35,821 (-21,489)
- Profit after tax amounted to: TSEK -35,999 (-21,736)
- Earnings per share amounted to: SEK -1.01 (-1.09)
- Cash flow for the period amounted to: 92 969 (1 313) TSEK
- Cash and cash equivalents at end of period: TSEK 105,660 (12,691)
- The Board of Directors proposes that no dividend is paid
Figures in brackets refer to the corresponding period in the previous year.
Investor presentation
Webcast and teleconference with Q&A session will be held on February 17, 2022, at 2:30 pm (CET), with chairman of the board Göran Ando, CEO David Westberg and board member Bengt Gustavsson.
Webcast: https://tv.streamfabriken.com/nanexa-q4-2021
Teleconference: SE: +46856642706 | UK: +443333009260 | US: +16467224902