April – June 2022
• Net sales: 4,738 (0) TSEK.
• Other operating revenues: 9,865 (839) TSEK.
• Profit from financial items: 4,516 (-15,402) TSEK.
• Earnings per share: 0.23 (-0.85) SEK.
January – June 2022
• Net sales: 16,141 (0) TSEK.
• Other operating revenues: 12,967 (5,957) TSEK.
• Profit from financial items: 1,832 (-26,258) TSEK.
• Earnings per share: 0.09 (-1.78) SEK.
• Liquidity as per the end of the reporting period: 125,953 (82,376) TSEK.
• Equity ratio as per the end of the reporting period: 97 (97)%.
Events during the period
• CombiGene strengthens its project management capabilities with Alvar Grönberg as Senior Project Manager
• On May 19, 2022, CombiGene AB held its Annual General Meeting (AGM) in Stockholm.
– The AGM resolved, in accordance with the nomination committee’s proposal, on reelection of Peter Nilsson, Bert Junno, Jonas Ekblom, Per Lundin and Gunilla Lundmark as board members. Bert Junno was re-elected as the chairman of the board of directors. The AGM re-elected the audit firm Mazars AB as auditor.
– The AGM resolved, in accordance with the board of directors’ proposal, on the implementation of LTI 2022, directed issue of 900,000 warrants, transfer of the warrants to participants in LTI 2022 and transfer of warrants to cover costs for LTI 2022 and authorisation to enter into swap agreement. A more detailed description of LTI 2022 can be found in the notice convening the Annual General Meeting 2022.
• CombiGene participates in GeneNova collaboration to develop AVV-based gene therapies.
Events after the end of the period
• There have been no significant events after the end of the period.
Contacts
Jan Nilsson, CEO
Phone: +46 (0)704 66 31 63
jan.nilsson@combigene.com
Bert Junno, Chairman of the board
Phone: +46 (0)707 77 22 09
bert.junno@combigene.com
www.combigene.com
CombiGene AB (publ) Agavägen 52A, SE-181 55 Lidingö, Sweden
info@combigene.com
About CombiGene
CombiGene’s vision is to provide patients affected by severe life-altering diseases with the prospect of a better life through novel gene therapies. CombiGene’s business concept is to develop effective gene therapies for severe life-altering diseases where adequate treatment is currently lacking. Development assets are sourced from an external research network and developed to achieve clinical proof of concept. Drug candidates for common diseases will be co-developed and commercialized through strategic partnerships, while the company may manage this process on its own for drugs targeting niched patient populations.
The Company has an exclusive collaboration and licensing agreement for the CG01 project with Spark Therapeutics.
The company is public and listed on the Swedish marketplace Nasdaq First North Growth Market and the company’s Certified Advisor is FNCA Sweden AB, +46 (0)8 52 80 03 99, info@fnca.se.
CombiGene’s lead project CG01 has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 823282.
CombiGene´s project CGT2 is supported by the Eurostars Programme. Project ID: 114714