Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team
Analyst Comment

Ascelia Pharma: Orviglance NDA submitted and cash runway extended into 2026 during Q3 2025

By Philip CoombesEquity Research Analyst
Ascelia Pharma

Summary

  • Ascelia Pharma har indsendt en New Drug Application (NDA) for Orviglance til den amerikanske FDA, med en forventet PDUFA-beslutning i Q3 2026 efter en 10-måneders gennemgang.
  • Virksomheden har styrket sin balance med en SEK 7,5 mio. konvertering fra Fenja Capital og en SEK 30 mio. rettet aktieemission, hvilket forlænger likviditeten til Q4 2026.
  • Ascelia rapporterede et driftsunderskud på SEK –15,3 mio. og likvide midler på SEK 72,3 mio. ved kvartalets afslutning.
  • Ledelsen fortsætter partnerskabsdiskussioner for kommercialisering af Orviglance og har annonceret ledelsesændringer for at støtte fremtidig vækst.

Dette indhold er genereret af AI. Du kan give feedback om det på Inderes forum.

This morning, Ascelia Pharma (ACE) published its Q3 2025 results, marking a milestone quarter with the submission of the New Drug Application (NDA) for Orviglance to the US FDA in early September. The submission follows a successful clinical program, including the pivotal SPARKLE Phase 3 trial, which demonstrated statistically significant improvements in liver lesion visualization. The NDA will undergo a standard 10-month FDA review, with an expected PDUFA decision in Q3 2026.

During the quarter, Ascelia strengthened its balance sheet through Fenja Capital’s SEK 7.5m convertible conversion and a SEK 30m directed share issue, extending the cash runway into Q4 2026—well beyond the expected FDA decision. The company reported an operating loss of SEK –15.3m (–17.8m) and liquid assets of SEK 72.3m at quarter-end.

Management continues partnering discussions for the commercialization of Orviglance and has announced leadership adjustments post-period to support future growth and execution through the regulatory review.

Tomorrow on 6 November 2025 at 12:00 CET Ascelia Pharma Deputy CEO and CCO Julie Waras Brogren will present the financial results for the first nine months of 2025. Link: https://www.inderes.dk/videos/ascelia-pharma-presentation-of-interim-q3-2025-report

Disclaimer: HC Andersen Capital receives payment from Ascelia Pharma for a DigitalIR/Corporate Visibility subscription agreement. / Philip Coombes 08:27 05/11/2025

Ascelia Pharma is a Swedish biotech company with a focus on orphan oncology treatments. They develop and commercialize novel drugs that address unmet medical needs and have a clear development and market pathway. Currently, Ascelia pharma has two pipeline products, namely Orviglance and Oncoral. Orviglance is a novel contrast agent for MR-Imaging developed to improve the detecting and visualization of focal liver lesions (Including liver metastases – and primary tumors) in patients with reduced kidney function. Oncoral is a daily tablet with an established potent anti-tumor effect – even in difficult to treat cancers with the potential to offer better patient outcomes with improved safety following a daily tablet treatment compared to intravenous high-dose infusions at the hospital. Ascelia Pharma is listed on Nasdaq Small Cap Stockholm with ticker ACE.

Read more on company page
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.