Overview
Sweden-based biotech firm's Q4 net sales were zero, consistent with clinical focus
Operating expenses rose 9% in Q4, contributing to a net loss of SEK 22.9 mln
Company initiated Phase 2 study in respiratory insufficiency post-Q4
Outlook
SynAct Pharma did not provide specific financial guidance for 2026
Result Drivers
CLINICAL DEVELOPMENT - SynAct Pharma focused on advancing resomelagon (AP1189) for inflammatory diseases, with 190 patients randomized in Phase 2b study
MANAGEMENT CONFIDENCE - Management and Chairman acquired shares and entered lock-up agreements, indicating confidence in the company's future
PHASE 2 STUDY INITIATION - Post-Q4, SynAct initiated a Phase 2 study in respiratory insufficiency
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Sales | SEK 0 | ||
Q4 Adjusted EPS | -SEK 0.43 | ||
Q4 Net Income | -SEK 22.93 mln | ||
Q4 Cash Flow From Operating Activities | -SEK 23.97 mln | ||
Q4 Operating Expenses | SEK 22.72 mln |
Analyst Coverage
Wall Street's median 12-month price target for SynAct Pharma AB is SEK26.00, about 45.9% above its February 17 closing price of SEK17.82
Press Release: ID:nMFN8rR9s7
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)