Danish Biotech Weekly with insights to listed Danish biotech companies. We keep you updated on their news flow including updates on clinical trials, acquisitions, insider trading, price targets, right issues, etc.
In the past week, Cessatech continued strong performance after an agreement with EMA regarding CT002, Ascendis Pharma recieved positive CHMP opinion for TransCon and several companies presented additional data to previous studies.
The past week was full of exciting news with 9 of the 20 listed Danish biotech companies publishing news. 7 of the 20 companies had a positive share price development the past week and 8 companies have a positive share price performance year to date. Cessatech continues to perform for the second week in a row and is now the best performing stock year-to-date.
Company news the past week
Ascendis Pharma
Ascendis Pharma Receives Positive CHMP Opinion for TransCon™ PTH (palopegteriparatide) for Adults with Chronic Hypoparathyroidism (Link)
Ascendis Pharma Launches SKYTROFA® (lonapegsomatropin) in Germany for the Once-Weekly Treatment of Children and Adolescents with Growth Hormone Deficiency (Link)
Biosergen
No news the past week
Cessatech
Cessatech announces agreement with the European Medicines Agency on a Paediatric Investigational Plan for its second asset CT002 for medical procedural sedation in children (Link)
No news the past week
Positive results from the Phase II study of uTRACE in brain cancer presented at the World Molecular Imaging Congress (WMIC) 2023 in Prague (Link)
Evaxion Biotech
Revolutionizing Vaccine Discovery: New Data Validates Evaxion AI Platform, Offering Promise to Reduce Risk and Cost in Infectious Disease Vaccine Development (Link)
Expres2ion
ExpreS2ion’s Board, CEO and CFO commit to full exercise of their series TO 8 warrants (Link)
Last day of trading in warrants of series TO 8 in Expres2ion Biotechnologies is today, 18 September 2023 (Link)
Fluoguide
No news the past week
Genmab
Capital Increase in Genmab as a Result of Employee Warrant Exercise (Link)
Gubra
No news the past week
Initiator Pharma
No news the past week
IO Biotech
IO Biotech Announces New Data Related to its IO102-IO103 Therapeutic Cancer Vaccine Presented Today at the IASLC 2023 World Conference on Lung Cancer (Link)
Pila Pharma
No news the past week
Saniona
No news the past week
Scandion Oncology
No news the past week
SynAct Pharma
SynAct Pharma announces additional data from the EXPAND P2b clinical trial and identifies population with responsiveness to resomelagon (Link)
ViroGates
No news the past week
Zealand Pharma
Transactions in Zealand Pharma shares and/or related securities by persons discharging managerial responsibilities and/or their closely associated persons (Link)
Y-mAbs Therapeutics
No news the past week
2cureX
No news the past week
SELECTED CASES
SHARE PRICE DEVELOPMENTS
On average, the Danish biotech stocks delivered a negative share price performance last week of -1.6%. Cessatech rose 26% after reaching an agreement with EMA regarding CT002 for medical procedural sedation in children. The week prior to last week, Cessa Cessatech A/S rose 62%. Furthermore, Ascendis Pharma recieved positive CHMP opinion for TransCon for Adults with Chronic Hypoparathyroidism as well as launched Skytrofa in Germany. On the other hand, IO Biotech fell the most with a 17% decrease. The best stocks year-to-date include Curasight, Cessatech Fluoguide, and Saniona after soaring 92-166%. Overall, the Danish biotech stocks are in positive terrotory this year with a year-to-date return of 0.6%. However, it is driven by the few companies delivering very positive returns.
Read more about Curasight (in Danish): Et succesfuldt kvartal for Curasight med mere i vente
Overview of share price developments the past week, year-to-date and last twelve months
