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Xspray Pharma (XSPRAY) investor relations material

Xspray Pharma FDA Announcement summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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FDA Announcement summary8 Oct, 2025

Introduction and purpose

  • Press conference held to address the FDA's complete response letter regarding the Dacinoc/Dasynoc market approval application.

  • The FDA's decision is seen as a setback due to manufacturing site GMP issues, not product-related concerns.

Details of approval or decision

  • FDA issued a complete response letter for the NDA due to GMP deficiencies at the contract manufacturing site, specifically in the sterile section, unrelated to the Dacinoc/Dasynoc production line.

  • No issues were found with the product's own production line, which passed its PAI inspection earlier in the year.

  • FDA requested additional information to confirm the appropriateness of the proposed product information and data on previously implemented corrective actions.

  • The manufacturing site has been FDA-approved for over 16 years, but a recent inspection led to a different assessment than the Italian authority AIFA.

Impact on industry and stakeholders

  • Only new applications are affected by the GMP classification; ongoing production and sales are not halted.

  • Launch of Dacinoc/Dasynoc is delayed due to manufacturing issues outside the company's direct control.

  • The company does not currently need a new share issue and expects to have sufficient funds through the summer if no launch occurs.

  • Other development programs, including XS003 (nilotinib), are progressing as planned, with an NDA review expected to start soon.

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Frequently asked questions

Xspray Pharma AB is a pharmaceutical company, which engages in the development of protein kinase inhibitors for targeted cancer treatments. Its product candidates include HyNap-Nilo and HyNap-DS. The company was founded by Lars Holmkvist, Ola Winqvist and Magnus Persson on April 3, 2003 and is headquartered in Solna, Sweden.

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