Sensorion
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Sensorion (ALSEN) investor relations material

Sensorion H1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H1 2026 earnings summary23 Sep, 2026

Executive summary

  • Focus shifted to SENS-601 gene therapy for GJB2-related hearing loss after discontinuing SENS-501 due to a changing competitive landscape and greater unmet need in GJB2 indications; SENS-601 advanced with CTAs filed in France and Canada, French approval received in August 2026, and Fast Track status granted.

  • SENS-401, a small molecule for hearing preservation, completed proof-of-concept and Phase II studies in three indications; partnering opportunities are being explored.

  • Major management changes: Fred Chereau appointed CEO in June 2026, with interim CEO Amit Munshi earlier in the year; organizational restructuring proposed post-period.

Financial highlights

  • Cash, cash equivalents, and short-term deposits totaled €88.5 million at June 30, 2026, up from €47.5 million at December 31, 2025.

  • Operating expenses rose to €24.1 million from €19.1 million, driven by higher R&D (€16.4 million, up 9% YoY) and G&A (€7.7 million) costs.

  • Net loss widened to €20.7 million from €16.0 million year-over-year.

  • Equity increased to €81.6 million from €44.5 million at year-end 2025, reflecting a €60 million capital raise.

Outlook and guidance

  • Cash runway expected to fund operations through end of 2027, with no liquidity risk anticipated in the next twelve months.

  • First patient dosing for SENS-601 targeted by early 2027; US IND and Australia CTA submissions planned by year-end 2026.

  • Organizational restructuring under consideration to align resources with GJB2-GT focus; may have future financial impacts.

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Frequently asked questions

Sensorion SA is a clinical-stage biotechnology company focused on developing therapeutic solutions for inner ear disorders, particularly targeting hearing loss and balance disorders. The company's research and development efforts span from molecular biology to clinical research, aiming to address unmet medical needs related to inner ear pathologies. Sensorion's work includes developing drug treatments designed to restore, treat, and prevent these conditions, leveraging its expertise in animal pharmacology, toxicology, and clinical studies. The company is headquartered in Montpellier, France, and its shares are listed on the Euronext Paris.