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.)
Recent news on Hansa Biopharma AB
See all newsBrief: Hansa Biopharma Q3 Rev Up At SEK 143 Mln
Sweden's Hansa Biopharma Q3 revenue surges on SERB license deal
Brief: Hansa Biopharma Q3 Net Income SEK -178.5 Million
Brief: Hansa Biopharma Announces Positive Idefirix Paes Results Presented In The High-Impact Clinical Trials Session At Asn Kidney Week
Brief: Hansa Biopharma Submits IND Application To FDA For HNSA-5487 In GBS