Overview
Sweden cell and gene therapy developer's Q1 operating loss narrowed from a year earlier
Q1 loss per share narrowed to SEK -0.10 from SEK -0.22
Company reported positive clinical data and new patent for ELC-401 CAR T-cell program
Outlook
Company expects first glioblastoma patient in ELC-401 trial to be treated during 2027
Elicera continues preparations for ELC-401 clinical trial and is seeking soft financing
Next steps in ELC-100 program under evaluation; out-licensing opportunities being considered
Result Drivers
CARMA STUDY DATA - Co reported promising clinical results in the CARMA study, including high rates of complete metabolic response and no serious side effects
ELC-401 PROGRESS - Co advanced its ELC-401 CAR T-cell program with preclinical development completion, clinical trial planning, and Japanese patent approval
Company press release: ID:nWkr6vCtlJ
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Adjusted EPS
-SEK 0.10
Analyst Coverage
Wall Street's median 12-month price target for Elicera Therapeutics AB is SEK8.20, about 62.1% above its April 20 closing price of SEK5.06
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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.)