- Successful outcome of trial 0206, a phase 2 pharmacokinetics trial in children undergoing elective surgical procedures
- First patient dosed in pivotal trial 0205 in adult patients
- Cash position at the end of Q3 is
dkk 15 mill - further extended by successful execution of rights issue after the period raising approximatelydkk 14,7 mill before transaction costs
Third quarter financial results 2022 (1 July - 30 September):
- Net revenue was KDKK 0
- Operating result was KDKK -3.252
- Net result was KDKK -2.627
- Cash at bank end of the period was KDKK 15.001
- Earnings per share* was KDKK -0,43
- Solidity** was 89%
*Earnings per share (DKK per share): Operating result divided by the average number of shares during the period. The total number of shares as of
**Solidity: Total equity divided by total capital and liability.
Highlights during third quarter 2022
- First patient dosed in pivotal trial 0205
- Successful outcome of pharmacokinetic trial 0206 in children
- Finalized the regulatory MDR strategy for the CT001 pump device
-
Successful outcome of capital raise from Rights issue (subsequent event
October 2022 ) -
Business development activities to support a future partnership model in
Europe - Continue to optimize the organisation to execute the final development of CT001
"During the third quarter of 2022 we announced the successful outcome of our Phase 2 trial 0206, the pharmacokinetic study with CT001 and very importantly, we initiated our pivotal trial 0205, a randomised double-blind placebo-controlled study with 220 patients with dosing of the first patient. We are now in an exclusive group of selected companies in late stage development, great effort from the team and our partners", says Jes Trygved, CEO
For more information about
Jes Trygved, CEO
Phone: +45 9387 2309
E-mail: jes.trygved@cessatech.com
www.cessatech.com
About
https://news.cision.com/cessatech/r/third-quarter-report-q3-2022,c3669051
https://mb.cision.com/Main/19921/3669051/1679406.pdf
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