Active Biotech AB Interim Report January - March 2013

Thu Apr 25, 2013 2:30am EDT

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Laquinimod
· first patient enrolled in CONCERTO, the third Phase III placebo-controlled study for the treatment of
relapsing-remitting multiple sclerosis
· data presented at AAN showed reduced disability progression for multiple sclerosis patients who commenced
early treatment with laquinimod compared with delayed treatment 
                 
Tasquinimod     
· the Phase III study is proceeding according to plan
                      
ANYARA    
· Phase II/III study in renal cell cancer concluded
· Results presented:
   - study did not achieve primary clinical endpoint
   - doubling of progression-free survival and overall survival in 25 percent of patients
   - planning of the continued clinical development ongoing

57-57 (paquinimod)            
· clinical trial in systemic sclerosis concluded, evaluation underway

ISI                
· focus on submission of patents

Other information
· Active Biotech raised SEK 270 M through a directed share issue to Investor

      Jan - Mar Jan - Dec
 (SEK M) 2013 2012 2012
  •      Net sales
  2.4    2.6 227.9
  •      Operating loss
 -77.0 -100.7 -163.2
  •      Net loss
-78.0 -99.0 -175.0
  •      Earnings per share (SEK)
-1.10 -1.44 -2.54

 

For further information, please contact:

Tomas Leanderson, President and CEO
Tel: +46 (0)46-19 20 95                                        
Hans Kolam, CFO                                                 
Tel: +46 (0)46-19 20 44                                                         

Active Biotech AB Corp. Reg. No. 556223-9227)
Box 724, SE-220 07 
Lund
Tel: 046 (0)46-19 20 00 
Fax: +46 (0)46-19 11 00

This report is also available at www.activebiotech.com                       




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Source: Active Biotech via Thomson Reuters ONE

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