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Ascelia Pharma - First quarter 2025 highlights

Af HC Andersen Capital
Ascelia Pharma

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Meet and ask questions to Deputy CEO Julie Waras Brogren from Ascelia Pharma on 19 May at 10:00 AM when she presents the results for the first quarter of 2025.

During the quarter, Ascelia Pharma announced a positive outcome from its meeting with the FDA and confirmed its plan to submit the NDA for Orviglance in mid-2025. The company also determined the subscription price for warrant TO1 at SEK 2.15. Following the end of the quarter, Ascelia Pharma announced a subscription rate of approximately 96% for warrant TO1, resulting in gross proceeds of SEK 43 million.

Ascelia Pharma is a biotech company focused on orphan oncology treatments. They develop and commercialize novel drugs that address unmet medical needs and have a clear development and market pathway. The company has two drug candidates – Orviglance® (Mangoral) and Oncoral – in clinical development. Ascelia Pharma has its global headquarters in Malmo, Sweden, and is listed on Nasdaq Stockholm (ticker: ACE)

Disclaimer: HC Andersen Capital receives payment from Ascelia Pharma for a DigitalIR/Corporate Visibility agreement./Claus Thestrup, 12.30, 23 April 2025.

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