Sweden's SynAct Pharma Q4 net loss widens as expenses rise

Reuters
Yesterday
Sweden's SynAct Pharma Q4 net loss widens as expenses rise

Overview

  • Sweden-based biotech firm's Q4 net sales were zero, consistent with clinical focus

  • Operating expenses rose 9% in Q4, contributing to a net loss of SEK 22.9 mln

  • Company initiated Phase 2 study in respiratory insufficiency post-Q4

Outlook

  • SynAct Pharma did not provide specific financial guidance for 2026

Result Drivers

  • CLINICAL DEVELOPMENT - SynAct Pharma focused on advancing resomelagon (AP1189) for inflammatory diseases, with 190 patients randomized in Phase 2b study

  • MANAGEMENT CONFIDENCE - Management and Chairman acquired shares and entered lock-up agreements, indicating confidence in the company's future

  • PHASE 2 STUDY INITIATION - Post-Q4, SynAct initiated a Phase 2 study in respiratory insufficiency

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Sales

SEK 0

Q4 Adjusted EPS

-SEK 0.43

Q4 Net Income

-SEK 22.93 mln

Q4 Cash Flow From Operating Activities

-SEK 23.97 mln

Q4 Operating Expenses

SEK 22.72 mln

Analyst Coverage

  • Wall Street's median 12-month price target for SynAct Pharma AB is SEK26.00, about 45.9% above its February 17 closing price of SEK17.82

Press Release: ID:nMFN8rR9s7

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10