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Infant Bacterial Therapeutics (IBT) investor relations material
Infant Bacterial Therapeutics Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
IBP-9414 achieved a 27% reduction in all-cause mortality in preterm infants in a Phase 3 study, supporting its potential to save thousands of lives annually.
The company is preparing for regulatory submissions in the US (BLA in H1 2026) and Europe (central marketing approval in 2026).
Focus remains on finalizing manufacturing validation and preparing for product launch, especially in the US.
Financial highlights
Net sales were SEK 0 for both Q3 and the nine-month period, unchanged from the prior year.
Operating loss for Q3 was SEK -10.8 million, a significant improvement from SEK -33.8 million in Q3 2024; nine-month operating loss was SEK -48.5 million, improved from SEK -107.9 million year-over-year.
Result after tax for Q3 was SEK -9.7 million (Q3 2024: SEK -32.7 million); for the nine months, SEK -46.0 million (2024: SEK -103.1 million).
Cash flow for the nine months was SEK -52.3 million, improved from SEK -102.8 million in the prior year.
Cash balance at September 30, 2025, was SEK 165.3 million, down from SEK 223.4 million at year-end 2024.
Outlook and guidance
Capital is considered sufficient to fund operations through the application for marketing authorization.
Plans to submit a BLA to the FDA in H1 2026 and seek central marketing approval in Europe in 2026.
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