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Thursday, 10 August 2017

Active Biotech AB - Interim report January - June 2017

Active Biotech    

Published: 08:30 CEST 10-08-2017 /GlobeNewswire /Source: Active Biotech / : ACTI /ISIN: SE0001137985

Active Biotech AB - Interim report January - June 2017


Second quarter in brief

  • In April, the US Food and Drug Administration (FDA) granted Orphan Drug Designation for tasquinimod for the treatment of multiple myeloma
  • The primary clinical endpoint from the Phase III trial of laquinimod in RRMS (CONCERTO study) was not met. The secondary endpoints (brain atrophy, relapse rate and MRI-data) were achieved and in line with previous studies
  • Out-licensing activities are continuing for tasquinimod, paquinimod and SILC


Events after the end of the period

  • Helén Tuvesson succeeds Tomas Leanderson as President & CEO of the company July 1, 2017
  • In July, a patent application for the use of ANYARA in combination with PD-1 inhibitors for the treatment of cancer was published on WIPO's (World Intellectual Property Organization) website www.wipo.int

Financial summary

















Net sales






Operating loss






Loss for the period






Loss per share, before and after dilution (SEK)






Cash and cash equivalents (at the end of the period)








For further information, please contact:

  Helén Tuvesson, President & CEO

  Tel: +46 (0)46-19 21 56


  Hans Kolam, CFO

  Tel: +46 (0)46 19 20 44


Active Biotech AB

(Corp. Reg. No. 556223-9227)

Box 724, SE-220 07 Lund

Tel: 046 (0)46-19 20 00


The report is also available at www.activebiotech.com.

Active Biotech AB - Interim report January – June 2017

This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: Active Biotech, Scheelevägen 22
Box 724, LUND 220 07,
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