Reports Q1 2023 results, US pivotal trial to enrol in Q2
Egetis reported Q1 2023 results with an operating loss of SEK 75m and a cash position of SEK 243.5m. In the pipeline, due to updates of clinical trial data, the start of the pivotal ReTRIACt study has been delayed with the first of the 16 patients to be enrolled in Q2. Meanwhile, >30 patients haPledPharma AB is a Sweden-based biopharmaceutical company engaged in the development of treatments that increase the effectiveness of therapies for severe life threatening diseases. The Company's main focus is on the use of PLED-derivatives in supportive care based on an initial candidate, PP-095 for oncology and PP-099 for cardiology. PP-095 protects normal cells during cancer therapy with cytostatic/cytotoxic drugs, without diminishing the anticancer efficacy, while PP-099 has the potential to reduce the infarct size in connection with reperfusion of an acute myocardial infarct with percutaneous coronary intervention (PCI). PLED-derivatives also have potential indications for other oxidative stress related conditions, such as paracetamol (acetaminophen) - induced liver toxicity, iron and copper overload. As of May 2013, the Company was no longer majority owned by Accelerator Nordic AB (publ).
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