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Abliva AB Interim Report January – March 2023

Abliva
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Patient screening ongoing in the FALCON study | Orphan Drug Designation for NV354

First Quarter Summary

Important events January — March 2023

  • Abliva appointed Dag Nesse as Vice President of Clinical Operations. Mr. Nesse has joined the company’s management team.
  • The U.S. Patent and Trademark Office granted a composition of matter patent for the NV354 compound.
  • An Extraordinary General Meeting was held on March 8.

Important events after the reporting period

  • Abliva’s drug candidate NV354 was granted Orphan Drug Designation (ODD) in the U.S. for the treatment of mitochondrial disease.
  • Abliva’s Annual General Meeting was held on May 5. All proposals were passed by the general meeting. For more information, see https://abliva.com/news/resolutions-from-annual-general-meeting-in-abliva-ab-publ-on-may-5-2023/.

Financial information

January-March 2023*

  • Net revenues: SEK 0 (0)
  • Other operating income: SEK 1,055,000 (0)
  • Loss before tax: SEK 16,092,000 (22,028,000)
  • Loss per share before dilution: SEK 0.02 (0.05)
  • Diluted loss per share: SEK 0.02 (0.05)

* APM Alternative performance measures, see definition on page 20.

The complete Interim report is available for download below and through Abliva's website www.abliva.com.

For more information, please contact:


Catharina Johansson, Deputy CEO, CFO & VP Investor Relations
+46 (0)46-275 62 21, ir@abliva.com

Abliva AB (publ)
Medicon Village, SE-223 81 Lund, Sweden
Tel: +46 (0)46 275 62 20 (switchboard)
info@abliva.com, www.abliva.com

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Abliva – Delivering mitochondrial health


Abliva discovers and develops medicines for the treatment of mitochondrial disease. This rare and often very severe disease occurs when the cell’s energy provider, the mitochondria, do not function properly. The company has prioritized two projects. KL1333, a powerful regulator of the essential co-enzymes NAD⁺ and NADH, is in clinical trials. NV354, an energy replacement therapy, has completed preclinical development. Abliva, based in Lund, Sweden, is listed on Nasdaq Stockholm, Sweden (ticker: ABLI).

Attachments


Abliva Q1 report 2023

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