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Biosergen (BIOSGN) investor relations material
Biosergen Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Advanced BSG005 program with focus on manufacturing readiness and regulatory progress, including a successful pre-IND meeting with the FDA providing clear guidance for next steps in clinical development.
Completed second cohort in proof-of-concept trial for BSG005; preparing for next phase and resumption of clinical trials in India.
Strengthened team with appointment of a Global Senior Project Director to support clinical trial execution.
Financial highlights
Operating loss for Q4 2025 was SEK -12.5 million, compared to SEK -2.3 million in Q4 2024, reflecting increased investment in clinical and regulatory activities.
Net loss for Q4 2025 was SEK -12.5 million (SEK -5.31 per share), compared to SEK -2.2 million (SEK -0.95 per share) in Q4 2024.
Cash and cash equivalents at year-end 2025 were SEK 15.4 million, down from SEK 50.6 million at year-end 2024.
Total assets decreased to SEK 21.1 million from SEK 53.0 million year-over-year.
No new share issues or financing inflows in Q4 2025; cash flow from operating activities was SEK -7.8 million.
Outlook and guidance
Priorities for 2026 include completing release of the new BSG005 drug batch, maintaining regulatory interactions, and resuming clinical trials in India.
Company is evaluating financing alternatives to secure resources for continued development amid challenging funding conditions.
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