Active Biotech AB Interim report January - September 2015

Active Biotech AB Interim report January - September 2015

ID: 432518

(Thomson Reuters ONE) -



Laquinimod
* The pivotal CONCERTO clinical Phase 3 study in relapsing remitting MS (RRMS)
is proceeding according to plan and results are expected in 2017
* The Phase 2 studies, ARPEGGIO, which will evaluate laquinimod's potential
for treatment of primary progressive MS (PPMS), and LEGATO-HD, for the
treatment of Huntington's disease, are proceeding as planned


Tasquinimod
* The final results from Active Biotech's tasquinimod 10TASQ10 Phase 3 trial
were presented at the ECC conference and demonstrated that while tasquinimod
treatment resulted in a prolonged radiographic progression-free survival
(rPFS), 7.0 vs. 4.4 months, the positive effect on rPFS did not translate
into an improved OS


ISI
* Only commercial activities will be conducted from 2016



Financial summary


MSEK   July - Sept.     Jan. - Sept.   Jan. - Dec.

  2015 2014   2015 2014   2014
-------------------------------------------------------------------------------


Net sales 5.2 2.6   11.3 7.5   10.4



Operating loss -22.2 -55.7   -149.7 -172.8   -228.5



Loss for the period -23.4 -56.6   -152.7 -174.5   -231.5



Loss per share, before and after -0.26 -0.76   -1.70 -2.33   -3.02
dilution (SEK)



Cash and cash equivalents (at       132.4 161.0   328.5
the end of the period)


For further information, please contact:

  Tomas Leanderson,  Active Biotech AB
  President and CEO (Corp. Reg. No. 556223-9227)
  Tel: +46 (0)46 19 20 95 Box 724, SE-220 07 Lund, Sweden




  Tel: +46 (0)46 19 20 00
  Hans Kolam, CFO Fax: +46 (0)46 19 11 00
  Tel: +46 (0)46 19 20 44


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



Active Biotech AB Interim report January - September 2015:
http://hugin.info/1002/R/1964749/717166.pdf



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Active Biotech via GlobeNewswire
[HUG#1964749]




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Bereitgestellt von Benutzer: hugin
Datum: 06.11.2015 - 08:30 Uhr
Sprache: Deutsch
News-ID 432518
Anzahl Zeichen: 2934

contact information:
Town:

LUND



Kategorie:

Business News



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In accordance with a decision made by the Annual General Meeting held on May 7, 2009, the Election Committee shall comprise the representatives for the three largest shareholders on September 30 and the Board Chairman. For the 2010 Annual General ...

Active Biotech AB Interim Report, January - September 2009 ...

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