INITIATOR PHARMA: YEAR END REPORT 2021

Business highlights in Q4 2021

  • On October 1st the result of the long-term incentive program (“LTI2021”) was published
  • On October 8th the conditional approval for listing on Nasdaq First North was announced
  • On October 18 it was announced that a CTA for a Phase 1 study in relation to assessment of pain reducing effects with IP2015 had been filed
  • On October 25th the trading of Initiator Pharma shares on Nasdaq First North commenced
  • On November 25th the approval of the CTA for a Phase 1 study in relation to assessment of pain reducing effects with IP2015 was announced
  • On December 25th an update on the clinical programs was announced

Business highlights after this reporting period

  • On January 20th the first dosing of subjects in the Phase 1 study in relation to assessment of pain reducing effects with IP2015 was announced

Financial Highlights

Fourth Quarter (2020-10-01 – 2020-12-31)
Net revenues were TDKK 0 (0)
Operating loss, EBIT was TDKK -7 280 (-2 069)
Earnings per share was DKK –0.32 (-0.01)
Full Year (2020-01-01 – 2020-12-31)
Net revenues were TDKK 0 (0)
Operating loss, EBIT was TDKK -23 072 (-10 531)
Earnings per share was DKK –0.48 (-0.31)
Cash and bank: TDKK 34,346 (13,504)
Solidity: 65% (92%)

Solidity: equity divided by assets.

Link to the full report
https://www.initiatorpharma.com/en/investors/reports-and-presentations/