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HNSA — Hansa Biopharma AB News Story

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Sweden's Hansa Biopharma Q2 revenue dips

Sweden's Hansa Biopharma Q2 revenue dips


Overview

  • Sweden biopharma firm's Q2 revenue declined slightly yr/yr, reflecting a weaker first quarter

  • Company signed €115 mln out-licensing deal for Idefirix with SERB Pharmaceuticals

  • Positive European confirmatory trial results support full approval application for Idefirix


Outlook

  • Hansa Biopharma expects to receive an additional €5 mln payment upon EMA filing acceptance for Idefirix

  • Company says positive PAES trial data supports submission for full EMA marketing authorization for Idefirix


Result Drivers

  • COMMERCIAL EXECUTION - Co said improved commercial execution in Q2 led to a 39% increase over Q1

  • REGIONAL GROWTH - Continued growth in Spain after reimbursement in Catalonia and strong performance in France; solid demand in Germany, Italy and the UK


Company press release: ID:nWkr9dH3zn


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

SEK 48.10 mln

Q2 Adjusted EPS

-SEK 2.56

Q2 Net Income

-SEK 260.50 mln

Q2 Cash & Investments

SEK 552.80 mln

Q2 EBIT

-SEK 174.10 mln


Analyst Coverage

  • The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the biotechnology & medical research peer group is "buy."

  • Wall Street's median 12-month price target for Hansa Biopharma AB is SEK75.00, about 124.7% above its July 21 closing price of SEK33.38


Reuters Recommended Reads

  • July 21 - Sweden's Asker Healthcare Q2 profit jumps on increased scale

  • July 21 - Switzerland's Novartis beats Q2 sales estimates on strong sales across priority brands

  • July 20 - Scholar Rock says EU opinion on SMA drug may be pushed to later in 2026


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(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.)

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