View ValuationActive Biotech 향후 성장Future 기준 점검 3/6Active Biotech 의 수익은 연간 133.7% 감소할 것으로 예상되는 반면, 연간 수익은 98.9% 로 증가할 것으로 예상됩니다.핵심 정보98.9%이익 성장률n/aEPS 성장률Biotechs 이익 성장33.4%매출 성장률-133.7%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트07 May 2026최근 향후 성장 업데이트Breakeven Date Change • Aug 26Forecast breakeven date moved forward to 2025The analyst covering Active Biotech previously expected the company to break even in 2027. New forecast suggests the company will make a profit of kr840.0k in 2025. Earnings growth of 109% is required to achieve expected profit on schedule.Breakeven Date Change • Aug 21The analyst covering Active Biotech previously expected the company to break even in 2027. New forecast suggests losses will reduce by 5.1% per year to 2026. The company is expected to make a profit of kr114.4m in 2027. Average annual earnings growth of 119% is required to achieve expected profit on schedule.Breakeven Date Change • Feb 16Forecast breakeven date pushed back to 2027The analyst covering Active Biotech previously expected the company to break even in 2026. New forecast suggests losses will reduce by 18% per year to 2026. The company is expected to make a profit of kr66.2m in 2027. Average annual earnings growth of 101% is required to achieve expected profit on schedule.Price Target Changed • Nov 19Price target decreased by 67% to kr0.50Down from kr1.50, the current price target is provided by 1 analyst. New target price is 67% above last closing price of kr0.30. Stock is down 42% over the past year. The company posted a net loss per share of kr0.17 last year.Breakeven Date Change • Aug 25No longer forecast to breakevenThe analyst covering Active Biotech no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of kr7.80m in 2026. New forecast suggests the company will make a loss of kr280.0k in 2026.Breakeven Date Change • Feb 13No longer forecast to breakevenThe analyst covering Active Biotech no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of kr64.0m in 2024. New forecast suggests the company will make a loss of kr43.0m in 2024.모든 업데이트 보기Recent updates공시 • May 07Active Biotech AB (publ) to Report Fiscal Year 2026 Results on Feb 11, 2027Active Biotech AB (publ) announced that they will report fiscal year 2026 results on Feb 11, 2027공시 • Apr 21Active Biotech AB (publ), Annual General Meeting, May 20, 2026Active Biotech AB (publ), Annual General Meeting, May 20, 2026, at 17:00 W. Europe Standard Time. Location: in the premises of the company, scheelevagen 22, se-223 63 lund, lund Sweden공시 • Apr 17Uli Hacksel and Axel Glasmacher Decline Re-Election as Director of Active Biotech AB (Publ)Active Biotech AB (publ) announced that Uli Hacksel and Axel Glasmacher has declined re-election as director at the upcoming Annual General Meeting.New Risk • Apr 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (114% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (kr218.0m market cap, or US$23.1m).New Risk • Dec 11New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 149% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Shareholders have been substantially diluted in the past year (149% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (kr135.5m market cap, or US$14.7m).공시 • Oct 18Active Biotech AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 70.295124 million.Active Biotech AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 70.295124 million. Security Name: Shares Security Type: Common Stock Securities Offered: 1,405,902,488 Price\Range: SEK 0.05 Transaction Features: Rights OfferingBreakeven Date Change • Aug 26Forecast breakeven date moved forward to 2025The analyst covering Active Biotech previously expected the company to break even in 2027. New forecast suggests the company will make a profit of kr840.0k in 2025. Earnings growth of 109% is required to achieve expected profit on schedule.Breakeven Date Change • Aug 21The analyst covering Active Biotech previously expected the company to break even in 2027. New forecast suggests losses will reduce by 5.1% per year to 2026. The company is expected to make a profit of kr114.4m in 2027. Average annual earnings growth of 119% is required to achieve expected profit on schedule.공시 • Jul 10Active Biotech Provides Status Update of Its Development ProgramsActive Biotech AB (publ) provided a status update of its development programs with laquinimod in inflammatory eye disorders and tasquinimod with the core focus in myelofibrosis. The company has communicated progress in the clinical development programs for both drug candidates recently, and a majority of the planned clinical milestones 2025 have been executed. In the laquinimod project, announced topline data from the biodistribution LION study in early May, and most recently an with the principal investigators of the study was published. The interview results from the LION study confidentlyingly demonstrate that laquinimod, at a therapeutic concentration, reaches the back of the eye when administered topically as an eye drop formulation. There is a high unmet need for non-invasive local delivery of therapeutic agents for use in the treatment of inflammatory eye diseases such as non-infectious uveitis and diseases with excessive neovascularisation like wet AMD. The work was carried out in collaboration with Dr. Rachel Caspi's world leading group of at the NEI /NIH and provides the mechanistic basis for the effect of laquinimod in inflammatory Eye disorders. In the myelofibrosis studies with tasquinimod in US and Europe, the first patients were recruited in the beginning of 2025. The protocols for both studies are presently being amended to allow an initial dose-titration regimen with both up- and down-regulation of dosing for increased flexibility in the clinical management of the patients. In the US study the combination of tasquinimod with The newly marketed JAK inhibitor momelotinib is included in the combination cohort. During this process recruitment is paused. Enrollment to the studies will be restarted as soon as have clearance from the Regulatory Authorities and Ethical Committees in the US and Europe. Myelofibrosis is a very rare haematological malignancy with low patient recruitment rate and thus do not foresee major changes to the projected study times lines. Data from the multiple at Abramson Cancer center were reported in early June at myeloma study. ASCO, the world's leading cancer congress. The data from the combination with a standard oral treatment IRd demonstrate the effect of tasquinimod on the tumor microenvironment in the bone marrow and support a role for tasquinimod also in myelofibrosis". The full study data will be submitted for publication in a peer reviewed Journal.공시 • May 29Active Biotech AB (Publ) Approves Composition of Election CommitteeActive Biotech AB (publ) at its AGM held on May 28, 2025, resolved, in accordance with the Election Committee’s proposal, that the Election Committee shall be composed of the Chairman of the Board and one member appointed by each of the three largest shareholders of the Company based on the ownership structure at the end of September 2025.New Risk • May 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr40m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Shareholders have been substantially diluted in the past year (240% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (kr129.9m market cap, or US$13.4m).공시 • May 05Active Biotech Reports Positive Top-Line Results from the Lion Study on Ocular Absorption and Distribution of Laquinimod in the EyeActive Biotech announced positive top-line results from the clinical phase I LION study. Patients scheduled to undergo pars plana vitrectomy for various elective indications were administered laquinimod daily as eye drops during a 14-day preoperative period. The top-line results from the LION study (Safety, Tolerability, and Distribution of Topical Laquinimod) show that daily dose Eye Drops, an Innovative ImmunomodulatOr Targeting Aryl HydrocarboN Receptor levels of either 0.6, 1.2 and 1.8 mg resulted in dose related intraocular concentrations of laquinimod, which reached a therapeutically relevant level in both the vitreous humor and anterior chamber. Laquinimod administered as eye drops at the chosen daily dose levels was safe and well tolerated for the period of administration studied, and no dose-limiting toxicities were reported in any of the subjects. Importantly, these results demonstrate that laquinimod, when administered topically by patients as an eye drop, can yield intra-ocular concentrations in the posterior parts of the eye, which are known to affect ongoing inflammatory processes. These data support a continued development of laquinimod eye drops for patients with non-infectious inflammatory eye-diseases. Active Biotech currently holds three projects in its portfolio, of which tasquinimod and laquinimod are wholly owned small molecule immunomodulators with a mode of action that includes modulation of myeloid immune cell function. The projects are in clinical development for hematological malignancies and inflammatory eye disorders, respectively. The company's core focus is on the development of tasquinimod in myelofibrosis, a rare blood cancer, where clinical proof-of-concept studies has been initiated. Also ongoing is a clinical Phase Ib/IIa study in multiple myeloma. Laquinimod is in clinical development for the treatment of non-infectious uveitis. A clinical phase I program with a topical ophthalmic formulation is ongoing to support phase II development together with a partner. The third pipeline project is naptumomab, a targeted anti-cancer immunotherapy, partnered to NeoTX Therapeutics, which is in a phase Ib/II clinical program in patients with advanced solid tumors.공시 • Apr 28Active Biotech AB (publ), Annual General Meeting, May 28, 2025Active Biotech AB (publ), Annual General Meeting, May 28, 2025, at 17:00 W. Europe Standard Time. Location: in the premises of the company, at scheelevagen 22, se-223 63 lund SwedenNew Risk • Feb 21New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: kr106.0m (US$9.97m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr40m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Shareholders have been substantially diluted in the past year (240% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (kr106.0m market cap, or US$9.97m).New Risk • Feb 16New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr40m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr40m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Shareholders have been substantially diluted in the past year (240% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (kr108.0m market cap, or US$10.1m).Breakeven Date Change • Feb 16Forecast breakeven date pushed back to 2027The analyst covering Active Biotech previously expected the company to break even in 2026. New forecast suggests losses will reduce by 18% per year to 2026. The company is expected to make a profit of kr66.2m in 2027. Average annual earnings growth of 101% is required to achieve expected profit on schedule.공시 • Jan 10+ 5 more updatesActive Biotech AB (publ) to Report First Half, 2025 Results on Aug 21, 2025Active Biotech AB (publ) announced that they will report first half, 2025 results on Aug 21, 2025New Risk • Nov 21New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 364% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr40m free cash flow). Share price has been highly volatile over the past 3 months (30% average weekly change). Shareholders have been substantially diluted in the past year (364% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr8.6m net loss in 2 years). Market cap is less than US$100m (kr344.4m market cap, or US$31.2m).Price Target Changed • Nov 19Price target decreased by 67% to kr0.50Down from kr1.50, the current price target is provided by 1 analyst. New target price is 67% above last closing price of kr0.30. Stock is down 42% over the past year. The company posted a net loss per share of kr0.17 last year.New Risk • Oct 24New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr40m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr40m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (kr102.0m market cap, or US$9.66m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr11m net loss in 2 years). Shareholders have been diluted in the past year (36% increase in shares outstanding).New Risk • Sep 27New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: kr101.1m (US$9.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr42m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (kr101.1m market cap, or US$9.99m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr21m net loss in 2 years). Shareholders have been diluted in the past year (36% increase in shares outstanding).New Risk • Sep 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr42m free cash flow). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr21m net loss in 2 years). Share price has been volatile over the past 3 months (9.0% average weekly change). Shareholders have been diluted in the past year (36% increase in shares outstanding). Market cap is less than US$100m (kr166.1m market cap, or US$16.0m).공시 • Sep 10Active Biotech AB (Publ) Reports Intention Inaugural Interocular Concentrations Achieves in A Clinical Bylistribution Study of Laquinimod Eye DropsActive Biotech announced an update to the ongoing clinical phase I biodistribution study of laquinimod eye drops in patients undergoing vitrectomy. A proprietary formulation of laquinimod for corneal application was developed, taking the specific physico-chemical characteristics of this agent into account, to facilitate that a clinically relevant intraocular therapeutic concentration of laquinimod can be obtained. The study, which is being conducted by principal investigator Professor Dr Nguyen at the Byers Eye Institute, Stanford University, Palo Alto, CA, US, aims to evaluate if laquinimod when administered as eye drops reaches the anterior and the posterior chambers of the eye, to support further development in patients with Uveitis. During a 14-day preoperative administration of laquinimod as eye drops, all the three subjects in the first dose group received 0.6mg laquinimod once daily. All subjects, had significant concentrations of laquinimod in vitreous as well as in the anterior chamber fluid when sampled during surgery. This supports distribution of laquinimod from the cornea and sclera into the anterior chamber and onwards to the posterior parts of the eye. These data are also consistent with results previously obtained in rabbits and in an in vitro bovine corneal model of laquinimod penetration into the eye. The bioanalytical results also show that administration of laquinimod eye drops leads to quantities of laquinimod in vitreous humour at therapeutically relevant concentrations, as determined from prior studies in multiple sclerosis patients. Anecdotally, a potent anti-inflammatory ocular effect of laquinimod was noted in the anterior chamber of one patient following 14-days of application as per the protocol, in absence of any concomitant corticosteroid treatment. These initial findings are important to the further development of laquinimod for ocular disorders, as they unequivocally establish trans-corneal-scleral passage of laquinimod. The current study design involves enrolling additional patients at different dose-levels with top-line results expected in late 2024/early 2025.Breakeven Date Change • Aug 25No longer forecast to breakevenThe analyst covering Active Biotech no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of kr7.80m in 2026. New forecast suggests the company will make a loss of kr280.0k in 2026.공시 • Jul 15Active Biotech Provides Update on the Clinical Phase Ib/IIa Study with Tasquinimod in Relapsed Refractory Multiple MyelomaActive Biotech announced an update to a clinical study of tasquinimod in patients with relapsed refractory multiple myeloma (RRMM) being conducted at the Abramson Cancer Center at the University of Pennsylvania in Philadelphia. The study is ongoing in its expansion cohort at the optimal dose of tasquinimod in combination with the standard anti-myeloma regimen of ixazomib, lenalidomide and dexamethasone (IRd). Data from 11 patients so far treated with the combination indicate that adding tasquinimod to IRd shows no unexpected or dose-limiting toxicity and is generally well tolerated. The specific anti-myeloma activity of tasquinimod in this combination is evidenced by three patients with clinical benefit (one partial response and two minimal responses) among the 9 patients who were previously refractory to their most recent combination regimen including a proteasome inhibitor and an immunomodulatory drug. Enrollment in the study continues with a goal of enrolling up to 6 more patients who are refractory to their most recent proteasome inhibitor/immunomodulatory drug combination.공시 • Jul 01Active Biotech Enters Agreement for A Clinical Study of Tasquinimod in MyelofibrosisActive Biotech announced it has entered into a clinical study agreement for a Phase II investigator-initiated clinical study investigating the use of tasquinimod in myelofibrosis. The study will be led by Lucia Masarova, M.D., assistant professor of Leukemia at The University of Texas MD Anderson Cancer Center. Active Biotech will support the study with the Investigational Medicinal Product and related costs. The clinical study, entitled Open Label Phase 2 Study of Tasquinimod in Patients with Primary Myelofibrosis (PMF), Post-Polycythemia Vera Myelofibrosis (Post-PV MF), or Post-Essential Thrombocytosis Myelofibrosis (Post-ET MF), will evaluate the efficacy and safety of tasquinimod in patients with myelofibrosis. The primary objective of the study is to determine the anti-tumor activity of tasquinimod as monotherapy and in combination with a stable dose of ruxolitinib based on the measurement of objective response rate (ORR) after six cycles of treatment. Secondary objectives include safety and tolerability, symptom burden, duration of response and bone marrow fibrosis grade.분석 기사 • Jun 05Here's Why We're A Bit Worried About Active Biotech's (STO:ACTI) Cash Burn SituationJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...공시 • Apr 03Active Biotech AB (publ) Announces Start of Enrollment to the Clinical Phase I Biodistribution Study with Laquinimod Eye DropsActive Biotech announced that the clinical phase I biodistribution study Safety, Tolerability, and Distribution of Laquinimod Eye Drops: The LION Study (clinicaltrials.gov NCT06161415) with laquinimod eye drops is now recruiting patients following the approval from the Food and Drug Administration (FDA) and the Institutional Review Board at Stanford University School of Medicine. The LION study will evaluate whether laquinimod reaches the posterior chamber of the eye to support further development in patients with Non-Anterior-Non-Infectious Uveitis (NA-NIU). Subjects will be dosed with laquinimod eye drops before elective vitrectomy and thereafter samples including vitreous, anterior chamber fluid and plasma will be analysed for laquinimod concentration. Active Biotech supports the study with the Investigational Medicinal Product and related costs. The study is supported by preclinical data where laquinimod was shown to distribute into the posterior segment of the eye following daily instillations of laquinimod eye drops. The recently completed phase I clinical study in healthy subjects showed no safety or tolerability concerns with daily instillations up to 21 days. The biodistribution study consists of a dose-escalation part and an optional masked, randomized dose-comparison part. Results from the study will be reported during 2024. Global Ophthalmic Research Center (GORC), Los Altos, CA, US, is the LION study administrative sponsor, and it will be conducted in collaboration with clinician scientists at the Byers Eye Institute, Stanford University, Palo Alto, CA, led by Principal Investigator Professor Quan Dong Nguyen, MD, MSc, FAAO, FARVO, FASRS, Professor of Ophthalmology, Medicine and Pediatrics, Stanford University School of Medicine. Dr. Nguyen is known for his innovative work in early proof-of-concept, first-in-human clinical trials to evaluate potential pharmacotherapeutic agents for retinal vascular and uveitic diseases. He is a member of various prestigious professional organizations including the Club Jules Gonin, the Macula Society, the Retina Society, the American Ophthalmological Society, and the International Uveitis Study Group, among others. He serves as President of the International Ocular Inflammation Society as well as Executive Vice President of the Foster Ocular Immunology Society.분석 기사 • Feb 19Is Active Biotech (STO:ACTI) In A Good Position To Invest In Growth?There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...Breakeven Date Change • Feb 13No longer forecast to breakevenThe analyst covering Active Biotech no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of kr64.0m in 2024. New forecast suggests the company will make a loss of kr43.0m in 2024.New Risk • Feb 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings are forecast to decline by an average of 1.7% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (kr2.1m net loss in 3 years). Shareholders have been diluted in the past year (37% increase in shares outstanding). Market cap is less than US$100m (kr210.9m market cap, or US$20.3m).공시 • Jan 24+ 4 more updatesActive Biotech AB (publ), Annual General Meeting, May 22, 2024Active Biotech AB (publ), Annual General Meeting, May 22, 2024.New Risk • Jan 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 37% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr6.9m net loss in 2 years). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (37% increase in shares outstanding). Market cap is less than US$100m (kr173.6m market cap, or US$16.9m).공시 • Dec 22Active Biotech AB (Publ) Provides Update on the Scheduled Clinical Program for 2024Active Biotech AB (publ) announced an update to the timelines of its scheduled clinical studies to be initiated in 2024, backed by the company's recently completed successful financing round.공시 • Dec 01Active Biotech AB (Publ) Appoints Mats Arnhög and Petter Wingstrand to Nomination CommitteeActive Biotech AB (publ) in accordance with a decision made by the Annual General Meeting held on May 24, 2023, the Nomination Committee shall comprise the representatives for the three largest shareholders by votes, as per end of September 2023, and the Chairman of the Board. The company appointed Mats Arnhög and Petter Wingstrand to Nomination Committee. The Nomination Committee is composed with participants representing the largest shareholders in Active Biotech as of September 30, 2023, and consists of: Michael Shalmi, chairman; Mats Arnhög, MGA Holding; Peter Thelin, Sjuenda Holding; Petter Wingstrand, T-bolaget.Breakeven Date Change • Nov 12Forecast breakeven date pushed back to 2025The analyst covering Active Biotech previously expected the company to break even in 2024. New forecast suggests losses will reduce by 12% per year to 2024. The company is expected to make a profit of kr6.00m in 2025. Average annual earnings growth of 60% is required to achieve expected profit on schedule.공시 • Nov 11Active Biotech AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 51.135046 million.Active Biotech AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 51.135046 million. Security Name: Shares Security Type: Common Stock Securities Offered: 113,633,436 Price\Range: SEK 0.45 Transaction Features: Rights OfferingBreakeven Date Change • Aug 25Forecast to breakeven in 2024The analyst covering Active Biotech expects the company to break even for the first time. New forecast suggests the company will make a profit of kr64.0m in 2024. Average annual earnings growth of 152% is required to achieve expected profit on schedule.공시 • Aug 01Active Biotech AB (publ) Enters into Clinical Trial Collaboration Agreement for a Clinical Study with Tasquinimod in MyelofibrosisActive Biotech announced it has entered into a clinical trial collaboration agreement with Stichting Haemato-Oncologie Volwassenen Netherland (HOVON) and Stichting Oncode Institute (Oncode) for the upcoming clinical proof-of-concept trial of tasquinimod in myelofibrosis. HOVON will be the legal sponsor of the trial, Oncode the main financier and Active Biotech will provide tasquinimod study drug to the study. Active Biotech has a global patent license agreement with Oncode Institute, acting on behalf of Erasmus Universiteit Medisch Centrum (Erasmus MC) to develop and commercialize tasquinimod worldwide in myelofibrosis is planned to start in 2023. Myelofibrosis (MF) is a rare blood cancer belonging to a group of disorders called myeloproliferative neoplasms. The underlying cause of MF is unknown. MF is associated with shortened survival and causes of death include bone marrow failure and transformation into acute leukemia. MF can be treated with bone marrow transplantation for eligible individuals, erythropoietin to manage anemia and JAK inhibitors to reduce spleen size. At present there are no approved therapies that would reverse bone marrow fibrosis in MF.분석 기사 • Jul 27Active Biotech (STO:ACTI) Will Have To Spend Its Cash WiselyJust because a business does not make any money, does not mean that the stock will go down. For example, although...New Risk • Jul 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr51m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable next year (kr18m net loss next year). Shareholders have been diluted in the past year (22% increase in shares outstanding). Market cap is less than US$100m (kr257.2m market cap, or US$24.8m).Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Director Elaine Sullivan was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • May 27Active Biotech Announces Positive Interim Data from an Ongoing Study with Tasquinimod in Relapsed and Refractory Multiple MyelomaActive Biotech AB (publ) announced that tasquinimod, when given as monotherapy or in combination with ixazomib, lenalidomide and dexamethasone (IRd), has a favourable safety profile in heavily pre-treated patients with a median of 8 previous lines. All 15 patients included in this interim readout were previously refractory to IMiDs, Proteasome Inhibitors (PIs) and CD38 mAbs. With single agent tasquinimod three patients with progressive disease at study entry had stabilization of disease while on study. Of 5 patients treated with tasquinimod in combination with IRd, one patient (20%) has a durable partial response ongoing since April 2022, despite being previously refractory to ixazomib-pomalidomide and carfilzomib-pomalidomide combinations. No dose limiting toxicity was seen in the combination with tasquinimod at 1mg daily after a one week run in at 0.5 mg daily. The study (NCT04405167) which is conducted at Abramson Cancer Center, Perelman School of Medicine, University of Pennsylvania, Philadelphia, PA is ongoing in the dose-escalation cohort investigating the safety, tolerability, and maximum tolerated dose (MTD) of tasquinimod in combination with (IRd). Enrolment into the study continues and an expansion cohort will start once the MTD is established.공시 • Jan 31Active Biotech AB (Publ) Confirms Positive Clinical Safety Profile of Laquinimod Eye DropsActive Biotech AB (publ) announced the completion of the phase I clinical study testing the safety and tolerability of the newly developed laquinimod eye drop formulation in healthy subjects. According to the results, the eye drop was safe and well tolerated both at single ascending doses and after repeated doses for up to 21 days. No serious adverse events were reported. Laquinimod is being developed as a new treatment for inflammatory eye disorders, and preclinical data suggest that laquinimod may have a therapeutic effect when given as a capsule or as a topical treatment onto the eye. The company has developed an eye drop formulation of laquinimod with the aim to use it for treatment initially in patients with non-infectious uveitis. The study was a randomized, double-masked, placebo-controlled phase I study to determine the safety and tolerability and establish a safe and tolerable dose for continued development of laquinimod eye drops after single and repeated dosing in healthy subjects. Secondary aims included the assessment of ocular toxicity and pharmacokinetics of laquinimod. The complete data set from the study is currently being analyzed, and the full study results will be reported in first half of 2023.공시 • Jan 14+ 4 more updatesActive Biotech AB (publ) to Report First Half, 2023 Results on Aug 24, 2023Active Biotech AB (publ) announced that they will report first half, 2023 results on Aug 24, 2023Breakeven Date Change • Nov 16Forecast to breakeven in 2024The analyst covering Active Biotech expects the company to break even for the first time. New forecast suggests the company will make a profit of kr94.0m in 2024. Average annual earnings growth of 98% is required to achieve expected profit on schedule.공시 • Sep 28Active Biotech AB (publ) to Report Fiscal Year 2022 Results on Feb 09, 2023Active Biotech AB (publ) announced that they will report fiscal year 2022 results on Feb 09, 2023분석 기사 • May 07Here's Why Active Biotech (STO:ACTI) Must Use Its Cash WiselyThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...Price Target Changed • Apr 27Price target decreased to kr2.50Down from kr22.75, the current price target is provided by 1 analyst. New target price is 105% above last closing price of kr1.22. Stock is down 20% over the past year. The company posted a net loss per share of kr0.23 last year.Board Change • Apr 27High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Independent Director Peter Thelin is the most experienced director on the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.분석 기사 • Nov 09Here's Why We're Not Too Worried About Active Biotech's (STO:ACTI) Cash Burn SituationThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...Recent Insider Transactions • Jun 19Independent Director recently bought kr60k worth of stockOn the 17th of June, Aleksandar Danilovski bought around 40k shares on-market at roughly kr1.50 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr259k. Insiders have collectively bought kr366k more in shares than they have sold in the last 12 months.Recent Insider Transactions • Jun 08Independent Chairman of the Board recently bought kr259k worth of stockOn the 1st of June, Michael Shalmi bought around 175k shares on-market at roughly kr1.48 per share. This was the largest purchase by an insider in the last 3 months. This was Michael's only on-market trade for the last 12 months.Recent Insider Transactions • Jun 08Independent Chairman of the Board recently bought kr259k worth of stockOn the 1st of June, Michael Shalmi bought around 175k shares on-market at roughly kr1.48 per share. This was the largest purchase by an insider in the last 3 months. This was Michael's only on-market trade for the last 12 months.Recent Insider Transactions • Jun 04Independent Chairman of the Board recently bought kr259k worth of stockOn the 1st of June, Michael Shalmi bought around 175k shares on-market at roughly kr1.48 per share. This was the largest purchase by an insider in the last 3 months. This was Michael's only on-market trade for the last 12 months.분석 기사 • May 03We're Hopeful That Active Biotech (STO:ACTI) Will Use Its Cash WiselyThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...분석 기사 • Jan 18We're Keeping An Eye On Active Biotech's (STO:ACTI) Cash Burn RateWe can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...Is New 90 Day High Low • Dec 11New 90-day low: kr1.44The company is down 36% from its price of kr2.24 on 11 September 2020. The Swedish market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Biotechs industry, which is down 8.0% over the same period.Is New 90 Day High Low • Nov 05New 90-day low: kr1.50The company is down 52% from its price of kr3.14 on 07 August 2020. The Swedish market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Biotechs industry, which is down 2.0% over the same period.Is New 90 Day High Low • Oct 08New 90-day low: kr1.98The company is down 24% from its price of kr2.59 on 10 July 2020. The Swedish market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Biotechs industry, which is up 7.0% over the same period.Is New 90 Day High Low • Sep 22New 90-day low: kr2.15The company is down 17% from its price of kr2.60 on 24 June 2020. The Swedish market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Biotechs industry, which is up 17% over the same period.이익 및 매출 성장 예측OM:ACTI - 애널리스트 향후 추정치 및 과거 재무 데이터 (SEK Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2028-1652N/A50112/31/2027N/A18N/A17112/31/2026N/A-33N/A-3513/31/2026N/A-35-31-31N/A12/31/2025N/A-37-32-32N/A9/30/2025N/A-38-37-37N/A6/30/2025N/A-40-37-37N/A3/31/2025N/A-40-39-39N/A12/31/2024N/A-39-40-40N/A9/30/2024N/A-42-40-40N/A6/30/2024N/A-44-42-42N/A3/31/2024N/A-45-45-45N/A12/31/2023N/A-46-46-46N/A9/30/2023N/A-48-48-48N/A6/30/2023N/A-51-50-50N/A3/31/2023N/A-54-51-51N/A12/31/2022N/A-58-55-55N/A9/30/2022N/A-60-57-57N/A6/30/2022N/A-57-55-55N/A3/31/2022N/A-56-53-53N/A12/31/2021N/A-50-46-46N/A9/30/20216-38-35-35N/A6/30/20216-35-33-33N/A3/31/20216-32-29-29N/A12/31/20207-32-32-32N/A9/30/20201-39-38-38N/A6/30/20202-40-37-37N/A3/31/20203-36-40-40N/A12/31/20198-34N/A-36N/A9/30/201912-32N/A-35N/A6/30/201916-31N/A-37N/A3/31/201921-35N/A-38N/A12/31/201820-37N/A-41N/A9/30/201821-88N/A-41N/A6/30/201821-88N/A-43N/A3/31/201820-103N/A-44N/A12/31/201720-109N/A-46N/A9/30/201722-63N/A-52N/A6/30/201721-67N/A-57N/A3/31/201720-59N/A-61N/A12/31/201619-60N/A-73N/A9/30/201617-86N/A-86N/A6/30/201618-97N/A-123N/A3/31/201617-152N/A-187N/A12/31/201516-194N/A-218N/A9/30/201514-210N/A-245N/A6/30/201512-243N/A-256N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: ACTI 은 향후 3년 동안 수익을 낼 것으로 예상되며, 이는 절약률(2%)보다 빠른 성장으로 간주됩니다.수익 vs 시장: ACTI (는) 향후 3년 동안 평균 시장 성장보다 높은 수익을 올릴 것으로 예상됩니다.고성장 수익: ACTI 향후 3년 내에 수익을 낼 것으로 예상됩니다.수익 대 시장: ACTI 은(는) 내년에 수익이 없을 것으로 예상됩니다.고성장 매출: ACTI 은(는) 내년에 수익이 없을 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: ACTI의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YPharmaceuticals-biotech 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 13:35종가2026/05/21 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Active Biotech AB (publ)는 10명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Stefan WaldenlindCarnegie Investment Bank ABThomas BowersDanske BankRobin DavisonEdison Investment Research7명의 분석가 더 보기
Breakeven Date Change • Aug 26Forecast breakeven date moved forward to 2025The analyst covering Active Biotech previously expected the company to break even in 2027. New forecast suggests the company will make a profit of kr840.0k in 2025. Earnings growth of 109% is required to achieve expected profit on schedule.
Breakeven Date Change • Aug 21The analyst covering Active Biotech previously expected the company to break even in 2027. New forecast suggests losses will reduce by 5.1% per year to 2026. The company is expected to make a profit of kr114.4m in 2027. Average annual earnings growth of 119% is required to achieve expected profit on schedule.
Breakeven Date Change • Feb 16Forecast breakeven date pushed back to 2027The analyst covering Active Biotech previously expected the company to break even in 2026. New forecast suggests losses will reduce by 18% per year to 2026. The company is expected to make a profit of kr66.2m in 2027. Average annual earnings growth of 101% is required to achieve expected profit on schedule.
Price Target Changed • Nov 19Price target decreased by 67% to kr0.50Down from kr1.50, the current price target is provided by 1 analyst. New target price is 67% above last closing price of kr0.30. Stock is down 42% over the past year. The company posted a net loss per share of kr0.17 last year.
Breakeven Date Change • Aug 25No longer forecast to breakevenThe analyst covering Active Biotech no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of kr7.80m in 2026. New forecast suggests the company will make a loss of kr280.0k in 2026.
Breakeven Date Change • Feb 13No longer forecast to breakevenThe analyst covering Active Biotech no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of kr64.0m in 2024. New forecast suggests the company will make a loss of kr43.0m in 2024.
공시 • May 07Active Biotech AB (publ) to Report Fiscal Year 2026 Results on Feb 11, 2027Active Biotech AB (publ) announced that they will report fiscal year 2026 results on Feb 11, 2027
공시 • Apr 21Active Biotech AB (publ), Annual General Meeting, May 20, 2026Active Biotech AB (publ), Annual General Meeting, May 20, 2026, at 17:00 W. Europe Standard Time. Location: in the premises of the company, scheelevagen 22, se-223 63 lund, lund Sweden
공시 • Apr 17Uli Hacksel and Axel Glasmacher Decline Re-Election as Director of Active Biotech AB (Publ)Active Biotech AB (publ) announced that Uli Hacksel and Axel Glasmacher has declined re-election as director at the upcoming Annual General Meeting.
New Risk • Apr 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (114% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (kr218.0m market cap, or US$23.1m).
New Risk • Dec 11New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 149% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Shareholders have been substantially diluted in the past year (149% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (kr135.5m market cap, or US$14.7m).
공시 • Oct 18Active Biotech AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 70.295124 million.Active Biotech AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 70.295124 million. Security Name: Shares Security Type: Common Stock Securities Offered: 1,405,902,488 Price\Range: SEK 0.05 Transaction Features: Rights Offering
Breakeven Date Change • Aug 26Forecast breakeven date moved forward to 2025The analyst covering Active Biotech previously expected the company to break even in 2027. New forecast suggests the company will make a profit of kr840.0k in 2025. Earnings growth of 109% is required to achieve expected profit on schedule.
Breakeven Date Change • Aug 21The analyst covering Active Biotech previously expected the company to break even in 2027. New forecast suggests losses will reduce by 5.1% per year to 2026. The company is expected to make a profit of kr114.4m in 2027. Average annual earnings growth of 119% is required to achieve expected profit on schedule.
공시 • Jul 10Active Biotech Provides Status Update of Its Development ProgramsActive Biotech AB (publ) provided a status update of its development programs with laquinimod in inflammatory eye disorders and tasquinimod with the core focus in myelofibrosis. The company has communicated progress in the clinical development programs for both drug candidates recently, and a majority of the planned clinical milestones 2025 have been executed. In the laquinimod project, announced topline data from the biodistribution LION study in early May, and most recently an with the principal investigators of the study was published. The interview results from the LION study confidentlyingly demonstrate that laquinimod, at a therapeutic concentration, reaches the back of the eye when administered topically as an eye drop formulation. There is a high unmet need for non-invasive local delivery of therapeutic agents for use in the treatment of inflammatory eye diseases such as non-infectious uveitis and diseases with excessive neovascularisation like wet AMD. The work was carried out in collaboration with Dr. Rachel Caspi's world leading group of at the NEI /NIH and provides the mechanistic basis for the effect of laquinimod in inflammatory Eye disorders. In the myelofibrosis studies with tasquinimod in US and Europe, the first patients were recruited in the beginning of 2025. The protocols for both studies are presently being amended to allow an initial dose-titration regimen with both up- and down-regulation of dosing for increased flexibility in the clinical management of the patients. In the US study the combination of tasquinimod with The newly marketed JAK inhibitor momelotinib is included in the combination cohort. During this process recruitment is paused. Enrollment to the studies will be restarted as soon as have clearance from the Regulatory Authorities and Ethical Committees in the US and Europe. Myelofibrosis is a very rare haematological malignancy with low patient recruitment rate and thus do not foresee major changes to the projected study times lines. Data from the multiple at Abramson Cancer center were reported in early June at myeloma study. ASCO, the world's leading cancer congress. The data from the combination with a standard oral treatment IRd demonstrate the effect of tasquinimod on the tumor microenvironment in the bone marrow and support a role for tasquinimod also in myelofibrosis". The full study data will be submitted for publication in a peer reviewed Journal.
공시 • May 29Active Biotech AB (Publ) Approves Composition of Election CommitteeActive Biotech AB (publ) at its AGM held on May 28, 2025, resolved, in accordance with the Election Committee’s proposal, that the Election Committee shall be composed of the Chairman of the Board and one member appointed by each of the three largest shareholders of the Company based on the ownership structure at the end of September 2025.
New Risk • May 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr40m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Shareholders have been substantially diluted in the past year (240% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (kr129.9m market cap, or US$13.4m).
공시 • May 05Active Biotech Reports Positive Top-Line Results from the Lion Study on Ocular Absorption and Distribution of Laquinimod in the EyeActive Biotech announced positive top-line results from the clinical phase I LION study. Patients scheduled to undergo pars plana vitrectomy for various elective indications were administered laquinimod daily as eye drops during a 14-day preoperative period. The top-line results from the LION study (Safety, Tolerability, and Distribution of Topical Laquinimod) show that daily dose Eye Drops, an Innovative ImmunomodulatOr Targeting Aryl HydrocarboN Receptor levels of either 0.6, 1.2 and 1.8 mg resulted in dose related intraocular concentrations of laquinimod, which reached a therapeutically relevant level in both the vitreous humor and anterior chamber. Laquinimod administered as eye drops at the chosen daily dose levels was safe and well tolerated for the period of administration studied, and no dose-limiting toxicities were reported in any of the subjects. Importantly, these results demonstrate that laquinimod, when administered topically by patients as an eye drop, can yield intra-ocular concentrations in the posterior parts of the eye, which are known to affect ongoing inflammatory processes. These data support a continued development of laquinimod eye drops for patients with non-infectious inflammatory eye-diseases. Active Biotech currently holds three projects in its portfolio, of which tasquinimod and laquinimod are wholly owned small molecule immunomodulators with a mode of action that includes modulation of myeloid immune cell function. The projects are in clinical development for hematological malignancies and inflammatory eye disorders, respectively. The company's core focus is on the development of tasquinimod in myelofibrosis, a rare blood cancer, where clinical proof-of-concept studies has been initiated. Also ongoing is a clinical Phase Ib/IIa study in multiple myeloma. Laquinimod is in clinical development for the treatment of non-infectious uveitis. A clinical phase I program with a topical ophthalmic formulation is ongoing to support phase II development together with a partner. The third pipeline project is naptumomab, a targeted anti-cancer immunotherapy, partnered to NeoTX Therapeutics, which is in a phase Ib/II clinical program in patients with advanced solid tumors.
공시 • Apr 28Active Biotech AB (publ), Annual General Meeting, May 28, 2025Active Biotech AB (publ), Annual General Meeting, May 28, 2025, at 17:00 W. Europe Standard Time. Location: in the premises of the company, at scheelevagen 22, se-223 63 lund Sweden
New Risk • Feb 21New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: kr106.0m (US$9.97m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr40m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Shareholders have been substantially diluted in the past year (240% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (kr106.0m market cap, or US$9.97m).
New Risk • Feb 16New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr40m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr40m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Shareholders have been substantially diluted in the past year (240% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (kr108.0m market cap, or US$10.1m).
Breakeven Date Change • Feb 16Forecast breakeven date pushed back to 2027The analyst covering Active Biotech previously expected the company to break even in 2026. New forecast suggests losses will reduce by 18% per year to 2026. The company is expected to make a profit of kr66.2m in 2027. Average annual earnings growth of 101% is required to achieve expected profit on schedule.
공시 • Jan 10+ 5 more updatesActive Biotech AB (publ) to Report First Half, 2025 Results on Aug 21, 2025Active Biotech AB (publ) announced that they will report first half, 2025 results on Aug 21, 2025
New Risk • Nov 21New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 364% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr40m free cash flow). Share price has been highly volatile over the past 3 months (30% average weekly change). Shareholders have been substantially diluted in the past year (364% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr8.6m net loss in 2 years). Market cap is less than US$100m (kr344.4m market cap, or US$31.2m).
Price Target Changed • Nov 19Price target decreased by 67% to kr0.50Down from kr1.50, the current price target is provided by 1 analyst. New target price is 67% above last closing price of kr0.30. Stock is down 42% over the past year. The company posted a net loss per share of kr0.17 last year.
New Risk • Oct 24New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr40m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr40m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (kr102.0m market cap, or US$9.66m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr11m net loss in 2 years). Shareholders have been diluted in the past year (36% increase in shares outstanding).
New Risk • Sep 27New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: kr101.1m (US$9.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr42m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (kr101.1m market cap, or US$9.99m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr21m net loss in 2 years). Shareholders have been diluted in the past year (36% increase in shares outstanding).
New Risk • Sep 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr42m free cash flow). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr21m net loss in 2 years). Share price has been volatile over the past 3 months (9.0% average weekly change). Shareholders have been diluted in the past year (36% increase in shares outstanding). Market cap is less than US$100m (kr166.1m market cap, or US$16.0m).
공시 • Sep 10Active Biotech AB (Publ) Reports Intention Inaugural Interocular Concentrations Achieves in A Clinical Bylistribution Study of Laquinimod Eye DropsActive Biotech announced an update to the ongoing clinical phase I biodistribution study of laquinimod eye drops in patients undergoing vitrectomy. A proprietary formulation of laquinimod for corneal application was developed, taking the specific physico-chemical characteristics of this agent into account, to facilitate that a clinically relevant intraocular therapeutic concentration of laquinimod can be obtained. The study, which is being conducted by principal investigator Professor Dr Nguyen at the Byers Eye Institute, Stanford University, Palo Alto, CA, US, aims to evaluate if laquinimod when administered as eye drops reaches the anterior and the posterior chambers of the eye, to support further development in patients with Uveitis. During a 14-day preoperative administration of laquinimod as eye drops, all the three subjects in the first dose group received 0.6mg laquinimod once daily. All subjects, had significant concentrations of laquinimod in vitreous as well as in the anterior chamber fluid when sampled during surgery. This supports distribution of laquinimod from the cornea and sclera into the anterior chamber and onwards to the posterior parts of the eye. These data are also consistent with results previously obtained in rabbits and in an in vitro bovine corneal model of laquinimod penetration into the eye. The bioanalytical results also show that administration of laquinimod eye drops leads to quantities of laquinimod in vitreous humour at therapeutically relevant concentrations, as determined from prior studies in multiple sclerosis patients. Anecdotally, a potent anti-inflammatory ocular effect of laquinimod was noted in the anterior chamber of one patient following 14-days of application as per the protocol, in absence of any concomitant corticosteroid treatment. These initial findings are important to the further development of laquinimod for ocular disorders, as they unequivocally establish trans-corneal-scleral passage of laquinimod. The current study design involves enrolling additional patients at different dose-levels with top-line results expected in late 2024/early 2025.
Breakeven Date Change • Aug 25No longer forecast to breakevenThe analyst covering Active Biotech no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of kr7.80m in 2026. New forecast suggests the company will make a loss of kr280.0k in 2026.
공시 • Jul 15Active Biotech Provides Update on the Clinical Phase Ib/IIa Study with Tasquinimod in Relapsed Refractory Multiple MyelomaActive Biotech announced an update to a clinical study of tasquinimod in patients with relapsed refractory multiple myeloma (RRMM) being conducted at the Abramson Cancer Center at the University of Pennsylvania in Philadelphia. The study is ongoing in its expansion cohort at the optimal dose of tasquinimod in combination with the standard anti-myeloma regimen of ixazomib, lenalidomide and dexamethasone (IRd). Data from 11 patients so far treated with the combination indicate that adding tasquinimod to IRd shows no unexpected or dose-limiting toxicity and is generally well tolerated. The specific anti-myeloma activity of tasquinimod in this combination is evidenced by three patients with clinical benefit (one partial response and two minimal responses) among the 9 patients who were previously refractory to their most recent combination regimen including a proteasome inhibitor and an immunomodulatory drug. Enrollment in the study continues with a goal of enrolling up to 6 more patients who are refractory to their most recent proteasome inhibitor/immunomodulatory drug combination.
공시 • Jul 01Active Biotech Enters Agreement for A Clinical Study of Tasquinimod in MyelofibrosisActive Biotech announced it has entered into a clinical study agreement for a Phase II investigator-initiated clinical study investigating the use of tasquinimod in myelofibrosis. The study will be led by Lucia Masarova, M.D., assistant professor of Leukemia at The University of Texas MD Anderson Cancer Center. Active Biotech will support the study with the Investigational Medicinal Product and related costs. The clinical study, entitled Open Label Phase 2 Study of Tasquinimod in Patients with Primary Myelofibrosis (PMF), Post-Polycythemia Vera Myelofibrosis (Post-PV MF), or Post-Essential Thrombocytosis Myelofibrosis (Post-ET MF), will evaluate the efficacy and safety of tasquinimod in patients with myelofibrosis. The primary objective of the study is to determine the anti-tumor activity of tasquinimod as monotherapy and in combination with a stable dose of ruxolitinib based on the measurement of objective response rate (ORR) after six cycles of treatment. Secondary objectives include safety and tolerability, symptom burden, duration of response and bone marrow fibrosis grade.
분석 기사 • Jun 05Here's Why We're A Bit Worried About Active Biotech's (STO:ACTI) Cash Burn SituationJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
공시 • Apr 03Active Biotech AB (publ) Announces Start of Enrollment to the Clinical Phase I Biodistribution Study with Laquinimod Eye DropsActive Biotech announced that the clinical phase I biodistribution study Safety, Tolerability, and Distribution of Laquinimod Eye Drops: The LION Study (clinicaltrials.gov NCT06161415) with laquinimod eye drops is now recruiting patients following the approval from the Food and Drug Administration (FDA) and the Institutional Review Board at Stanford University School of Medicine. The LION study will evaluate whether laquinimod reaches the posterior chamber of the eye to support further development in patients with Non-Anterior-Non-Infectious Uveitis (NA-NIU). Subjects will be dosed with laquinimod eye drops before elective vitrectomy and thereafter samples including vitreous, anterior chamber fluid and plasma will be analysed for laquinimod concentration. Active Biotech supports the study with the Investigational Medicinal Product and related costs. The study is supported by preclinical data where laquinimod was shown to distribute into the posterior segment of the eye following daily instillations of laquinimod eye drops. The recently completed phase I clinical study in healthy subjects showed no safety or tolerability concerns with daily instillations up to 21 days. The biodistribution study consists of a dose-escalation part and an optional masked, randomized dose-comparison part. Results from the study will be reported during 2024. Global Ophthalmic Research Center (GORC), Los Altos, CA, US, is the LION study administrative sponsor, and it will be conducted in collaboration with clinician scientists at the Byers Eye Institute, Stanford University, Palo Alto, CA, led by Principal Investigator Professor Quan Dong Nguyen, MD, MSc, FAAO, FARVO, FASRS, Professor of Ophthalmology, Medicine and Pediatrics, Stanford University School of Medicine. Dr. Nguyen is known for his innovative work in early proof-of-concept, first-in-human clinical trials to evaluate potential pharmacotherapeutic agents for retinal vascular and uveitic diseases. He is a member of various prestigious professional organizations including the Club Jules Gonin, the Macula Society, the Retina Society, the American Ophthalmological Society, and the International Uveitis Study Group, among others. He serves as President of the International Ocular Inflammation Society as well as Executive Vice President of the Foster Ocular Immunology Society.
분석 기사 • Feb 19Is Active Biotech (STO:ACTI) In A Good Position To Invest In Growth?There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Breakeven Date Change • Feb 13No longer forecast to breakevenThe analyst covering Active Biotech no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of kr64.0m in 2024. New forecast suggests the company will make a loss of kr43.0m in 2024.
New Risk • Feb 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings are forecast to decline by an average of 1.7% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (kr2.1m net loss in 3 years). Shareholders have been diluted in the past year (37% increase in shares outstanding). Market cap is less than US$100m (kr210.9m market cap, or US$20.3m).
공시 • Jan 24+ 4 more updatesActive Biotech AB (publ), Annual General Meeting, May 22, 2024Active Biotech AB (publ), Annual General Meeting, May 22, 2024.
New Risk • Jan 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 37% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr6.9m net loss in 2 years). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (37% increase in shares outstanding). Market cap is less than US$100m (kr173.6m market cap, or US$16.9m).
공시 • Dec 22Active Biotech AB (Publ) Provides Update on the Scheduled Clinical Program for 2024Active Biotech AB (publ) announced an update to the timelines of its scheduled clinical studies to be initiated in 2024, backed by the company's recently completed successful financing round.
공시 • Dec 01Active Biotech AB (Publ) Appoints Mats Arnhög and Petter Wingstrand to Nomination CommitteeActive Biotech AB (publ) in accordance with a decision made by the Annual General Meeting held on May 24, 2023, the Nomination Committee shall comprise the representatives for the three largest shareholders by votes, as per end of September 2023, and the Chairman of the Board. The company appointed Mats Arnhög and Petter Wingstrand to Nomination Committee. The Nomination Committee is composed with participants representing the largest shareholders in Active Biotech as of September 30, 2023, and consists of: Michael Shalmi, chairman; Mats Arnhög, MGA Holding; Peter Thelin, Sjuenda Holding; Petter Wingstrand, T-bolaget.
Breakeven Date Change • Nov 12Forecast breakeven date pushed back to 2025The analyst covering Active Biotech previously expected the company to break even in 2024. New forecast suggests losses will reduce by 12% per year to 2024. The company is expected to make a profit of kr6.00m in 2025. Average annual earnings growth of 60% is required to achieve expected profit on schedule.
공시 • Nov 11Active Biotech AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 51.135046 million.Active Biotech AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 51.135046 million. Security Name: Shares Security Type: Common Stock Securities Offered: 113,633,436 Price\Range: SEK 0.45 Transaction Features: Rights Offering
Breakeven Date Change • Aug 25Forecast to breakeven in 2024The analyst covering Active Biotech expects the company to break even for the first time. New forecast suggests the company will make a profit of kr64.0m in 2024. Average annual earnings growth of 152% is required to achieve expected profit on schedule.
공시 • Aug 01Active Biotech AB (publ) Enters into Clinical Trial Collaboration Agreement for a Clinical Study with Tasquinimod in MyelofibrosisActive Biotech announced it has entered into a clinical trial collaboration agreement with Stichting Haemato-Oncologie Volwassenen Netherland (HOVON) and Stichting Oncode Institute (Oncode) for the upcoming clinical proof-of-concept trial of tasquinimod in myelofibrosis. HOVON will be the legal sponsor of the trial, Oncode the main financier and Active Biotech will provide tasquinimod study drug to the study. Active Biotech has a global patent license agreement with Oncode Institute, acting on behalf of Erasmus Universiteit Medisch Centrum (Erasmus MC) to develop and commercialize tasquinimod worldwide in myelofibrosis is planned to start in 2023. Myelofibrosis (MF) is a rare blood cancer belonging to a group of disorders called myeloproliferative neoplasms. The underlying cause of MF is unknown. MF is associated with shortened survival and causes of death include bone marrow failure and transformation into acute leukemia. MF can be treated with bone marrow transplantation for eligible individuals, erythropoietin to manage anemia and JAK inhibitors to reduce spleen size. At present there are no approved therapies that would reverse bone marrow fibrosis in MF.
분석 기사 • Jul 27Active Biotech (STO:ACTI) Will Have To Spend Its Cash WiselyJust because a business does not make any money, does not mean that the stock will go down. For example, although...
New Risk • Jul 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr51m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable next year (kr18m net loss next year). Shareholders have been diluted in the past year (22% increase in shares outstanding). Market cap is less than US$100m (kr257.2m market cap, or US$24.8m).
Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Director Elaine Sullivan was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • May 27Active Biotech Announces Positive Interim Data from an Ongoing Study with Tasquinimod in Relapsed and Refractory Multiple MyelomaActive Biotech AB (publ) announced that tasquinimod, when given as monotherapy or in combination with ixazomib, lenalidomide and dexamethasone (IRd), has a favourable safety profile in heavily pre-treated patients with a median of 8 previous lines. All 15 patients included in this interim readout were previously refractory to IMiDs, Proteasome Inhibitors (PIs) and CD38 mAbs. With single agent tasquinimod three patients with progressive disease at study entry had stabilization of disease while on study. Of 5 patients treated with tasquinimod in combination with IRd, one patient (20%) has a durable partial response ongoing since April 2022, despite being previously refractory to ixazomib-pomalidomide and carfilzomib-pomalidomide combinations. No dose limiting toxicity was seen in the combination with tasquinimod at 1mg daily after a one week run in at 0.5 mg daily. The study (NCT04405167) which is conducted at Abramson Cancer Center, Perelman School of Medicine, University of Pennsylvania, Philadelphia, PA is ongoing in the dose-escalation cohort investigating the safety, tolerability, and maximum tolerated dose (MTD) of tasquinimod in combination with (IRd). Enrolment into the study continues and an expansion cohort will start once the MTD is established.
공시 • Jan 31Active Biotech AB (Publ) Confirms Positive Clinical Safety Profile of Laquinimod Eye DropsActive Biotech AB (publ) announced the completion of the phase I clinical study testing the safety and tolerability of the newly developed laquinimod eye drop formulation in healthy subjects. According to the results, the eye drop was safe and well tolerated both at single ascending doses and after repeated doses for up to 21 days. No serious adverse events were reported. Laquinimod is being developed as a new treatment for inflammatory eye disorders, and preclinical data suggest that laquinimod may have a therapeutic effect when given as a capsule or as a topical treatment onto the eye. The company has developed an eye drop formulation of laquinimod with the aim to use it for treatment initially in patients with non-infectious uveitis. The study was a randomized, double-masked, placebo-controlled phase I study to determine the safety and tolerability and establish a safe and tolerable dose for continued development of laquinimod eye drops after single and repeated dosing in healthy subjects. Secondary aims included the assessment of ocular toxicity and pharmacokinetics of laquinimod. The complete data set from the study is currently being analyzed, and the full study results will be reported in first half of 2023.
공시 • Jan 14+ 4 more updatesActive Biotech AB (publ) to Report First Half, 2023 Results on Aug 24, 2023Active Biotech AB (publ) announced that they will report first half, 2023 results on Aug 24, 2023
Breakeven Date Change • Nov 16Forecast to breakeven in 2024The analyst covering Active Biotech expects the company to break even for the first time. New forecast suggests the company will make a profit of kr94.0m in 2024. Average annual earnings growth of 98% is required to achieve expected profit on schedule.
공시 • Sep 28Active Biotech AB (publ) to Report Fiscal Year 2022 Results on Feb 09, 2023Active Biotech AB (publ) announced that they will report fiscal year 2022 results on Feb 09, 2023
분석 기사 • May 07Here's Why Active Biotech (STO:ACTI) Must Use Its Cash WiselyThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Price Target Changed • Apr 27Price target decreased to kr2.50Down from kr22.75, the current price target is provided by 1 analyst. New target price is 105% above last closing price of kr1.22. Stock is down 20% over the past year. The company posted a net loss per share of kr0.23 last year.
Board Change • Apr 27High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Independent Director Peter Thelin is the most experienced director on the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
분석 기사 • Nov 09Here's Why We're Not Too Worried About Active Biotech's (STO:ACTI) Cash Burn SituationThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Recent Insider Transactions • Jun 19Independent Director recently bought kr60k worth of stockOn the 17th of June, Aleksandar Danilovski bought around 40k shares on-market at roughly kr1.50 per share. In the last 3 months, there was an even bigger purchase from another insider worth kr259k. Insiders have collectively bought kr366k more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Jun 08Independent Chairman of the Board recently bought kr259k worth of stockOn the 1st of June, Michael Shalmi bought around 175k shares on-market at roughly kr1.48 per share. This was the largest purchase by an insider in the last 3 months. This was Michael's only on-market trade for the last 12 months.
Recent Insider Transactions • Jun 08Independent Chairman of the Board recently bought kr259k worth of stockOn the 1st of June, Michael Shalmi bought around 175k shares on-market at roughly kr1.48 per share. This was the largest purchase by an insider in the last 3 months. This was Michael's only on-market trade for the last 12 months.
Recent Insider Transactions • Jun 04Independent Chairman of the Board recently bought kr259k worth of stockOn the 1st of June, Michael Shalmi bought around 175k shares on-market at roughly kr1.48 per share. This was the largest purchase by an insider in the last 3 months. This was Michael's only on-market trade for the last 12 months.
분석 기사 • May 03We're Hopeful That Active Biotech (STO:ACTI) Will Use Its Cash WiselyThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
분석 기사 • Jan 18We're Keeping An Eye On Active Biotech's (STO:ACTI) Cash Burn RateWe can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Is New 90 Day High Low • Dec 11New 90-day low: kr1.44The company is down 36% from its price of kr2.24 on 11 September 2020. The Swedish market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Biotechs industry, which is down 8.0% over the same period.
Is New 90 Day High Low • Nov 05New 90-day low: kr1.50The company is down 52% from its price of kr3.14 on 07 August 2020. The Swedish market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Biotechs industry, which is down 2.0% over the same period.
Is New 90 Day High Low • Oct 08New 90-day low: kr1.98The company is down 24% from its price of kr2.59 on 10 July 2020. The Swedish market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Biotechs industry, which is up 7.0% over the same period.
Is New 90 Day High Low • Sep 22New 90-day low: kr2.15The company is down 17% from its price of kr2.60 on 24 June 2020. The Swedish market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Biotechs industry, which is up 17% over the same period.