October – December 2022
• Net sales: TSEK 5,346 (84,042).
• Other operating revenues: TSEK 674 (1,098).
• Profit from financial items: TSEK -11,942 (57,448).
• Earnings per share: SEK -0.60 (2.90).
January – December 2022
• Net sales: TSEK 26,699 (84,042).
• Other operating revenues: TSEK 15,044 (7,478).
• Profit from financial items: TSEK -6,157 (20,965).
• Earnings per share: SEK -0.31 (1.21).
• Cash and cash equivalents as per the end of the reporting period: TSEK 131,777 (136,744).
• Equity ratio as per the end of the reporting period: 96 (95) %.
Events during the period
• No reportable events took place during the period.
Events after the end of the period
• CombiGene enters into a collaboration agreement with Zyneyro for the development of a unique concept for effective relief of chronic pain. The agreement with Zyneyro is a cooperation agreement that means that Zyneyro and CombiGene share the project’s costs and revenues equally. According to the agreement CombiGene will pay Zyneyro an upfront of DKK 5 million in connection with the signing of the agreement. CombiGene has furthermore committed to pay an additional maximum of DKK 11.4 million in continued development support towards a clinical study in Phase 1.
Contacts
Jan Nilsson, CEO
Phone: +46 (0)704 66 31 63
jan.nilsson@combigene.com
www.combigene.com
CombiGene AB (publ) Agavägen 52A, SE-181 55 Lidingö, Sweden
+46-8-357355 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, 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