Annexin Pharmaceuticals
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Annexin Pharmaceuticals (ANNX) investor relations material

Annexin Pharmaceuticals Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary22 Oct, 2026

Executive summary

  • NEXUS recruitment completed at 12 patients; safety and tolerability follow-up and clinical/regulatory milestones are planned through Q1 2027.

  • July rights issue raised SEK 19.9m; cash at 30 Sep was SEK 14.436m, expected to fund operations through February 2027.

Financial highlights

  • Q3 operating loss and net loss were both TSEK 9,488, versus TSEK 10,055 and TSEK 9,901, respectively, in Q3 2025.

  • 9M operating loss was TSEK 31,595 and net loss TSEK 31,562, versus TSEK 26,612 and TSEK 26,378 in 9M 2025.

  • 9M R&D costs rose to TSEK 23,286 from TSEK 18,240, mainly due to RVO/DR clinical studies and expanded patent portfolio.

  • 9M cash flow from operations was TSEK -31,742 versus TSEK -27,444; period cash flow was TSEK -12,959 versus TSEK 20,539.

Outlook and guidance

  • DR 120-day follow-up data for three patients are expected in November 2026; initial 30-day results for three RVO patients treated after anti-VEGF are expected in December.

  • A Type C meeting request to FDA is planned in Q4 2026 or Q1 2027 to discuss phase 2b/3 study design and treatment strategy; meeting expected in early 2027.

  • NEXUS follow-up is expected to finish in Q1 2027, with topline data targeted by quarter-end; cash runway is forecast through February 2027.

  • Further financing alternatives are under evaluation; continued operations could be at risk if key financing assumptions are not met.

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Frequently asked questions

Annexin Pharmaceuticals AB is a Swedish biotechnology company focused on developing innovative therapies for cardiovascular and inflammatory diseases. Its lead product, ANXV, is a recombinant human protein, Annexin A5, which has the potential to treat conditions related to blood vessel damage and inflammation. The drug is currently undergoing clinical trials, particularly for Retinal Vein Occlusion (RVO), a condition that can lead to vision loss, and shows potential for broader applications, including in oncology. The company is headquartered in Stockholm, Sweden, and its shares are listed on the Stockholm Stock Exchange.