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Alzinova (ALZ) investor relations material
Alzinova Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary13 Nov, 2025
Executive summary
Achieved FDA approval for IND application and Fast Track designation for ALZ-101, advancing to Phase II clinical trials in the US for Alzheimer's disease.
Secured SEK 11 million in short-term financing to support operations into Q1 2026 and maintain momentum for clinical development.
Completed Phase 1b study for ALZ-101, meeting safety, tolerability, and immunogenicity endpoints, with positive trends in efficacy and biomarker response.
Strengthened partnerships and investor dialogue, with increased interest from international pharmaceutical companies and participation in major industry events.
Financial highlights
Q3 2025 loss after financial items: SEK -6,960 thousand (Q3 2024: -4,152 thousand).
Cash flow for Q3 2025: SEK -11,025 thousand (Q3 2024: 22,687 thousand).
Cash and cash equivalents at period end: SEK 485 thousand (Q3 2024: 27,674 thousand).
Nine-month loss after financial items: SEK -20,375 thousand (2024: -13,988 thousand).
Equity at period end: SEK 127,852 thousand (Q3 2024: 130,385 thousand); equity ratio 93.4%.
Outlook and guidance
Focus on initiating Phase II study for ALZ-101 once long-term financing is secured.
Continued efforts to establish strategic partnerships and secure additional funding.
Ongoing preparations for clinical development of ALZ-201 antibody.
Phase II financing strategy
ALZ-101 partnership strategy
ALZ-101 differentiation vs. approved AD drugs
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Frequently asked questions
Alzinova AB is a Swedish biotechnology company focused on developing treatments for Alzheimer's disease. The company's lead product is ALZ-101, a vaccine designed to target toxic oligomers of amyloid-beta, which are implicated in the progression of Alzheimer's. ALZ-101 has completed part A of its phase 1b clinical trial and continues to progress through clinical development. Alzinova is also working on ALZ-201, a monoclonal antibody that neutralizes these toxic oligomers, with a humanized version in early clinical trials. The company is headquartered in Mölndal, Sweden, and its shares are listed on the Stockholm Stock Exchange.
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