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Press release

Redeye: Calliditas Q1 - Powerful launch momentum

Calliditas Therapeutics

Calliditas delivers a positive surprise in patient enrolment (18% above our expectations) and new subscribers (44% above our expectations). The actual sales were impacted by USD 4.7m of US Tarpeyo sales related to the Change Health (a very large US provider of revenue and payment cycle management) Cyberattack, and this part of sales is delayed, as reflected by Calliditas Q1 receivables. The Cyberattack also impacted EBIT and operating cash flow. As a result, Calliditas Q1 is structurally positive. The actual outcome is mixed, and the immediate market reaction will likely reflect this result.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/

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Calliditas Q1 - Powerful launch momentum