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Active Biotech (ACTI) investor relations material
Active Biotech Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Focused on advancing tasquinimod in myelofibrosis and business development for laquinimod in inflammatory eye disorders.
Achieved key milestones: US patent granted for tasquinimod, positive FDA feedback, and resumed patient enrollment in US myelofibrosis study.
Published preclinical data for tasquinimod in myelodysplastic neoplasms and LION study results for laquinimod.
Financial highlights
No net sales recorded in Q1 2026.
Operating loss was SEK 8.6M, a 23% improvement from SEK 11.2M in Q1 2025.
Research and development expenses decreased 29% year-over-year to SEK 5.8M.
Loss after tax was SEK 8.4M, compared to SEK 11.0M in Q1 2025.
Cash and cash equivalents at period end were SEK 53.3M, down from SEK 65.1M at year-end 2025.
Outlook and guidance
Ongoing proof-of-concept studies for tasquinimod in myelofibrosis in the US and Europe, with interim readouts expected late 2026 and efficacy results by end of 2027.
Laquinimod is phase II ready; partnering activities are ongoing to secure a commercial partner.
Available liquidity expected to fund operations through 2026 and 2027.
- Advancing immunomodulatory therapies in cancer and eye disorders with strong clinical and market momentum.ACTI
Company presentation23 Apr 2026 - Advancing immunomodulatory drugs in oncology and eye disorders with strong clinical momentum.ACTI
Company presentation26 Mar 2026 - Clinical progress and strengthened finances position the company for key readouts in 2026–2027.ACTI
Q4 202512 Feb 2026 - Late-stage immunomodulatory pipeline targets high-value cancer and eye disorder markets.ACTI
Company Presentation6 Nov 2025 - Advanced clinical progress and SEK 70M rights issue, but going concern risk remains.ACTI
Q3 20256 Nov 2025 - Clinical milestones achieved in Q2; liquidity sufficient for 2025, but more funding needed.ACTI
Q2 202521 Aug 2025 - Clinical progress in myelofibrosis and uveitis, but urgent financing needs persist.ACTI
Q3 202413 Jun 2025 - Q2 saw clinical progress and narrowed losses, but new funding is needed for continued operations.ACTI
Q2 202413 Jun 2025 - Clinical pipeline advanced with positive laquinimod results and new tasquinimod studies; funding needs remain.ACTI
Q1 20255 Jun 2025
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