Period January – March 2021
• Net sales: 0 (0) TSEK.
• Other operating revenues: 5 118 (4 058) TSEK.
• Profit from financial items: -10 856 (-7 583) TSEK.
• Earnings per share: -0.05 (-0.12) SEK.
• Liquidity as per the end of the reporting period: 34 091 (9 545) TSEK.
• Equity ratio as per the end of the reporting period: 87.87 (32.97)%.
Events during the period
• CombiGene’s Board of Directors resolves on a fully guaranteed rights issue of approximately SEK 75 million.
• Response from the Swedish and UK pharmaceutical authorities confirms CombiGene’s plan for CG01’s final preclinical studies.
• The material from the first large-scale production of CG01 is released for use in the final parts of the preclinical program.
• The CG01 project initiates preclinical biodistribution and toxicology studies.
• CombiGene’s lipodystrophy project is awarded EUR 882,500 in development grants by the EU Eurostars program.
Events after the end of the period
• CombiGene completes the fully guaranteed rights issue, and the company receives approximately SEK 75 million.
• Notice to attend the Annual General Meeting of CombiGene AB.
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) Medicon Village, SE-223 81 Lund, 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 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)852 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.