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Regulatory press release

Nanexa publishes interim report for January – March 2023

Nanexa
Download the release

Positive pre-clinical data with NEX-22, NEX-20 phase I continues and good progress in partner projects

Significant events during the first quarter 2023

  • Nanexa AB announced positive outcome in the first preclinical study with NEX-22. In a one-month study in rats, single doses of two different PharmaShell® formulations were studied in different doses. The results show a controlled release of liraglutide, with plasma exposure over 28 days for NEX-22, compared to around 2 days for a formulation with liraglutide without the PharmaShell coating.

Significant events after the end of the period

  • No significant events after the end of the quarter.

Summary of the reporting period 1 January – 31 March 2023

  • Turnover amounted to: TSEK 8,173 (298)
  • Operating profit (EBIT) amounted to: TSEK -8,703 (-12,331)
  • Profit after tax amounted to: TSEK -8,603 (-12,370)
  • Earnings per share amounted to: SEK -0.14 (-0.24)
  • Cash flow for the period amounted to: TSEK -20,682 (-17,934)
  • Cash and cash equivalents at end of period: TSEK 60,500 (87,726)

Figures in brackets refer to the corresponding period in the previous year.

The entire report is available on the company’s website: https://nanexa.com/en/financial-reports/.

Report comment, 4 May at 3:00pm CET
A live commentary with CFO Björn Svanström will take place on May 4 at 3:00pm via Infront Direkt Studios and viewers will have the opportunity to ask questions via chat.

The webcast is held in Swedish and can be viewed via this link.
The report comment will also be published on Nanexa's website afterwards.

For additional information, please contact:


David Westberg – CEO, Nanexa AB (publ) 
Phone: +46 70 942 83 03
Email: david.westberg@nanexa.se
www.nanexa.com
Erik Penser Bank is the company’s Certified Adviser and can be reached on +46 8 463 83 00, email: certifiedadviser@penser.se

About Nanexa AB (publ)


Nanexa is a pharmaceutical company developing injectable drug products based on the proprietary and innovative drug delivery system PharmaShell® – the high drug load delivery system enabling the next generation long-acting injectables through atomic layer precision. Nanexa develops its own products and also has collaboration agreements with several pharma companies, among others Novo Nordisk and AstraZeneca.

Nanexa’s share is listed on Nasdaq First North Growth Market in Stockholm (NANEXA).

This information is information that Nanexa is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-05-04 08:00 CEST.

Attachments


Nanexa Interim Report Jan Mar 2023

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