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Press Release

Alligator Bioscience AB Interim Report January-March 2018

Alligator Bioscience
Posted on: 26 Apr 18

STOCKHOLM, April 26, 2018 /PRNewswire/ --

"Data provide strong support for our claims that ATOR-1015 is a next generation bispecific CTLA-4 antibody with tumor-directed properties." See CEO Per Norlén's comments.

Significant events January-March 2018
• Alligator Bioscience recorded a revenue of USD 6 million from Janssen, coupled to a decision to start combination study with ADC-1013/JNJ-7107.
• Theradex Oncology contracted as clinical CRO (Clinical Research Organization) for the upcoming clinical study with ATOR-1015.
• Anudharan Balendran appointed VP Business Development starting 1 May 2018.
• Janssen clinical Phase I study with ADC-1013 ongoing.

Events after the end of the period
• Positive preclinical data presented that confirm the intended ATOR-1015 mechanism of action.

Financial summary
• Net Sales, SEK 0.8 million (2.5).
• Operating result, SEK -44.0 million (-19.1).
• Result for the period, SEK -42.2 million (-19.5).
• Result per share, SEK -0.59 (-0.27).
• Cash, cash equivalents and bonds, SEK 549 million (547).
• Cash flow for the period SEK 0,8 million

For more information:

Editor's Details

Mike Wood

Last updated on: 26/04/2018

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