Active Biotech Year End Report 2024

MARKN.

EVENTS DURING THE FOURTH QUARTER

  • European Patent Office granted Active Biotech’s patent application for eye drop formulation of laquinimod (October 23)
  • Active Biotech’s clinical trial of tasquinimod in myelofibrosis was approved in Europe (October 30)
  • Preclinical data of tasquinimod in myelofibrosis was presented at ASH 2024 (November 5)
  • Active Biotech announced a patent for laquinimod in eye disorders will be granted in the US (November 13)
  • Active Biotech announced the company raises SEK 43.4 million in substantially oversubscribed rights issue including exercise of over-allotment option (November 18)

OTHER SIGNIFICANT EVENTS JAN-DEC 2024

  • Start of enrollment to the clinical phase I biodistribution study with laquinimod eye drops (April 3)
  • Active Biotech acquired exclusive rights to patents of tasquinimod in combination therapy in multiple myeloma (May 22)
  • Clinical activity and safety of naptumomab and docetaxel in non-small cell lung cancer were presented at ASCO 2024 (May 28)
  • Active Biotech entered agreement with MD Anderson for a clinical study of tasquinimod in myelofibrosis (July 1)
  • Active Biotech provided an update on the clinical phase Ib/IIa study with tasquinimod in relapsed refractory multiple myeloma (July 15)
  • Active Biotech reported intriguing intraocular concentrations achieved in a clinical biodistribution study of laquinimod eye drops (September 10)
  • Active Biotech announced a rights issue (September 23)

EVENTS AFTER THE END OF THE PERIOD

  • US Patent Office granted Active Biotech’s patent application for laquinimod in eye disorders (January 28)

FINANCIAL SUMMARY

SEK MOct-DecJan-Dec

2024 20232024 2023
Net sales----
Operating profit/loss-10.3-12.8-39.8-46.5
Profit/loss after tax-10.2-12.5-39.4-45.8
Earnings per share (SEK)-0.02-0.04-0.09-0.17
Cash and cash equivalents (at close of period)

27.4*36.2

*excludes SEK 8.2 million in issue proceeds received by the company in January 2025

The report is also available at www.activebiotech.com

The information was submitted for publication, through the agency of the contact persons set out below, at 2025-02-13 08.30 CEST.

Active Biotech AB (Corp. reg. no. 556223-9227) / Scheelevägen 22, SE-223 63 Lund / +46 (0)46 19 20 00

Datum 2025-02-13, kl 08:30
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