Overview
Swedish biotech firm reported no revenue for 2025, with increased losses compared to 2024
Company secured financing package of up to SEK 665 mln, extending runway to Q4 2027
FDA cleared Phase IIb trial for lead drug CS1 in PAH, starting Q2 2026
Outlook
Cereno Scientific plans to start Phase IIb trial for CS1 in Q2 2026
Company aims to begin Phase II study for CS014 in PH-ILD early 2027
Cereno Scientific's financial runway extends to Q4 2027
Result Drivers
FINANCING ACTIVITIES - Co secured financing package of up to SEK 665 mln, extending financial runway to Q4 2027
FDA CLEARANCE - FDA granted clearance to initiate Phase IIb trial of CS1 for PAH, starting Q2 2026
CS014 DEVELOPMENT FOCUS - Co announced Phase II development focus of CS014 will be PH-ILD
Company press release: ID:nWkr19kW8H
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Adjusted EPS
-SEK 0.14
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)