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Active Biotech (ACTI) investor relations material
Active Biotech Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Advanced clinical development of tasquinimod in myelofibrosis, with resumed patient enrollment in Europe and expanded US collaborations.
Laquinimod program strengthened by LION study results and ongoing strategic partnering discussions for ophthalmology indications.
Naptumomab, partnered with NeoTX, continues in phase Ib/II trials for solid tumors, showing promising safety and efficacy signals.
Financial highlights
No net sales recorded for Q2 or H1 2026.
Operating loss for Q2 2026 was SEK -10.2M (Q2 2025: -11.3M); H1 2026 operating loss was SEK -18.8M (H1 2025: -22.5M).
Loss after tax for Q2 2026 was SEK -10.1M (Q2 2025: -11.2M); H1 2026 loss after tax was SEK -18.4M (H1 2025: -22.2M).
Cash and cash equivalents at June 30, 2026, were SEK 43.9M (Dec 31, 2025: SEK 65.1M).
Research and development expenses decreased 20% year-over-year for H1 2026, reflecting lower costs as the LION study concluded.
Outlook and guidance
Focus remains on advancing tasquinimod clinical studies in myelofibrosis and securing a partner for laquinimod.
Available liquidity expected to fund operations through 2026 and into Q4 2027.
Ongoing evaluation of alternative financing sources, including partnerships.
First interim analyses for tasquinimod studies anticipated in Q1 2027.
- Advancing immunomodulatory therapies in oncology and eye disorders with strong clinical momentum.ACTI
Company presentation - Tasquinimod clinical milestones achieved, R&D costs down, and liquidity secured through 2027.ACTI
Q1 2026 - Advancing immunomodulatory therapies in cancer and eye disorders with strong clinical and market momentum.ACTI
Company presentation - Advancing immunomodulatory drugs in oncology and eye disorders with strong clinical momentum.ACTI
Company presentation - Clinical progress and strengthened finances position the company for key readouts in 2026–2027.ACTI
Q4 2025 - Late-stage immunomodulatory pipeline targets high-value cancer and eye disorder markets.ACTI
Company Presentation - Advanced clinical progress and SEK 70M rights issue, but going concern risk remains.ACTI
Q3 2025 - Clinical milestones achieved in Q2; liquidity sufficient for 2025, but more funding needed.ACTI
Q2 2025 - Clinical progress in myelofibrosis and uveitis, but urgent financing needs persist.ACTI
Q3 2024
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