Edison Investment Research - SCANDION ONCOLOGY A/S (SCOL) Scandion Oncology - Approval for CORIST part 3

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Edison Investment Research

Sean Conroy

Scandion Oncology - Approval for CORIST part 3

Scandion Oncology has received approval to initiate part 3 of its Phase II CORIST trial investigating SCO-101 for the treatment of metastatic colorectal cancer (mCRC). Part 3 is an expansion of the trial to evaluate the efficacy of SCO-101 in combination with FOLFIRI in both wild-type RAS (wtRAS) and mutant-RAS patient populations. Part 2 of the trial, which is ongoing, is evaluating wtRAS patients only. With c 44% of mCRC patients possessing the RAS mutation, we believe the pursuit of this new patient population will further enhance SCO-101’s addressable market and commercial opportunity. The expansion has been made possible by an amendment to the ongoing study, utilising activated trial sites to ensure no delays to the current trial timelines. Patient recruitment in part 3 is anticipated to commence in Q322, with initial top-line results expected in Q323. We continue to value Scandion Oncology at SEK586.5m or SEK14.4 per share.

22/08/2022 1 EN

Underlying

SCANDION ONCOLOGY A/S

Scandion Oncology A/S. Scandion Oncology A/S is a manufacturer of biological products. The Company was founded in May 2017 and is located in Copenhagen, Denmark. It focuses on modern onclogy, the treatment of cancers that have developed resistance to chemotherapy.

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DK0061031895 Denmark

Provider

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts

Sean Conroy

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Scandion Oncology - Approval for CORIST part 3

Scandion Oncology - An active quarter with AML plans in the mix

Scandion Oncology - PANTAX Phase I trial meets primary endpoint

Scandion Oncology - Expanding SCO-101 into AML

AGBA - A transformational deal

Biodexa Pharmaceuticals - In a period of transition

Norcros - Sale of Johnson Tiles UK agreed

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