Active Biotech Interim Report January – June 2020
Second quarter in brief
- Dr Elaine Sullivan, Dr Aleksandar Danilovski and Dr Axel Glasmacher were appointed as new members of the Board at the Annual General Meeting on May 19
- Active Biotech provided status update in the portfolio projects
- New preclinical data on tasquinimod’s effects in experimental models for multiple myeloma were presented at the Virtual Edition of the 25th European Hematology Association Annual Congress Meeting in June
Events after the end of the period
- First patient dosed in the phase 1b/2a study of tasquinimod use in treatment of multiple myeloma
Financial summary
| SEK M | Q2 | Q1-Q2 | Full-year | |||||
| 2020 | 2019 | 2020 | 2019 | 2019 | ||||
| Net sales | – | 1.1 | 0.5 | 6.6 | 8.4 | |||
| Operating loss | -10.1 | -5.4 | -19.9 | -11.8 | -32.3 | |||
| Loss after tax | -9.8 | -5.5 | -19.9 | -13.6 | -34.1 | |||
| Earnings per share (SEK) | -0.07 | -0.04 | -0.14 | -0.09 | -0.24 | |||
| Cash and cash equivalents (at close of period) | 38.2 | 77.2 | 59.7 | |||||
For further information, please contact:
Helén Tuvesson, CEO
|
Active Biotech AB
|
The report is also available at www.activebiotech.com.
This information is information that Active Biotech AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Swedish Securities Market Act. This information was provided to the media, through the agency of the contact person set out above, for publication on August 6, 2020 at 8:30 a.m. CEST.