Commissioned Research: Bio-Works Technologies AB
We believe that Bio-Works is now entering a new era as a professionally structured commercial player due to the following recent advancements;
i) consecutive quarterly customer growth; ii) fast traction in the important Protein A segment shortly post launch of the product WorkBeads affimAb; and iii) activist-like investments by the new owners and board members Peter Ehrenheim (Chairman) and Thomas Eklund (Director), holding a total of 17% together with a group of similar investors.
Commissioned Research: Immunovia AB
For the first time, test results with new blood, and across all risk groups Recent news flow from Immunovia has been intense and will continue to be intense in the coming quarters.
The news about the last phase of the IMMray PanCan-d optimisation was important for particularly two reasons, we believe.
Commissioned Research: Ascelia Pharma AB
Ascelia Pharma’s application to achieve patent coverage for a new Mangoral product has potentially several important implications, both in the medium and long term.
Following the planned 2022 launch of Mangoral in the US and Europe, the product’s orphan drug status and data exclusivity will protect sales for a period of between 7-10 years.
Commissioned research: Xbrane Biopharma AB
Xbrane Biopharma was founded in 2008 in Stockholm, Sweden, and is a late-stage drug development company focusing on biosimilars.
It became a publicly listed company in 2016 and in Q2 2018, the company entered into a strategic collaboration with Stada, Germany, covering the development and commersialisation of Xlucane, Xbrane’s biosimilar to the reference medicine Lucentis (ranibizumab).
Commissioned research: Immunovia AB
The news flow from Immunovia will be very intense and important in the coming months and quarters.
Regarding the company’s lead asset, IMMray PanCan-d, the last phase of the optimisation of the commercial signature and algorithm is ongoing, and results from the 1,600-sample test is planned to be reported by early June.
Commissioned research: AlzeCure Pharma
AlzeCure’s lead product asset, ACD855, started clinical development in late 2018 with the ambition to generate first clinical trials by early 2020.
However, early human exposure with the tablet product demonstrated that the concentration of the substance would require significantly longer dosing intervals than once daily, so the future development of the substance will now only be pursued with a formulation targeting ophthalmologic disorders.
Commissioned Research: Ascelia Pharma AB
Ascelia Pharma is a Swedish based oncology company in late-stage development with a primary focus on contrast enhanced liver MRI for those with severely impaired kidney function.
The company’s management has extensive experience from rare diseases at large corporations, including Genzyme (acquired by Sanofi) and Wilson Therapeutics (acquired by Alexion).
Commissioned Research: Bio-Works Technologies AB
Bio-Works is a Swedish-based supplier to biopharmaceutical producers, serving early-stage lab-scale to full-scale commercial producers. Its niche is the market for separation media used in protein purification.
The company started commercial sales in 2014. Market demand is driven by increased production volumes of biopharmaceutical products including biosimilars, and productivity investments.