A presentation and live webcast by
Operational Highlights - third quarter of 2021 (including post-period end)
Post-period end, NSCLC data presented at SITC, highlighting bemcentinib's potential in NSCLC patients harbouring STK11 mutations
AML data presented at EHA indicate bemcentinib/LDAC combination is efficacious and well tolerated in relapsed elderly AML patients unfit for intensive chemotherapy
COVID-19 data in a late-breaking abstract presentation at ECCMID demonstrate encouraging evidence for the effect of bemcentinib in hospitalised patients receiving steroids +/- remdesivir
Financial Highlights - third quarter of 2021
Revenue amounted to
Total operating expenses were
Q3 operating loss of
A strong cash position of
'Our focus will be the clinical development of bemcentinib as a second line treatment in relapsed AML, building on the promising data accumulated so far with the planned initiation of a confirmatory randomized placebo-controlled trial in H2 2022. The clinical development of the NSCLC program continues, and a Phase 1b trial investigating bemcentinib in patients with STK11 mutations in 1L NSCLC is also scheduled to be initiated in H1 2022.
'We will also look to validate our COVID-19 clinical data through a confirmatory randomized placebo-controlled trial supported by a major, multinational collaboration that provides access to a large number of sites across
'The Company is well-funded with a strong team in place to continue the advancement of its pipeline and working towards delivering new treatment options for patients in need and value for shareholders. I look forward to providing further updates on our progress in due course.'
Presentation and Webcast Details
An in-person briefing will take place at
The presentation will also be webcast live, details below.
Webcast link: https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20211116_4
NO: +47-21-956342
US: +1 646-787-0157
PIN: 712491
The Q3 2021 report and presentation are available on the Company's website in the Investors/Financial Reports section and a recording of the webcast will be made available shortly after the webcast has finished.
Contact:
Chief Executive Officer
E: ir@bergenbio.com
Chief Financial Officer
E: rune.skeie@bergenbio.com
About
Forward looking statements
This announcement may contain forward-looking statements, which as such are not historical facts, but are based upon various assumptions, many of which are based, in turn, upon further assumptions. These assumptions are inherently subject to significant known and unknown risks, uncertainties, and other important factors. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this announcement by such forward-looking statements.
This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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