INITIATOR PHARMA: YEAR END REPORT 2022

Business highlights in Q4 2022

  • On October 4th the Company announced the outcome of the incentive program ‘LTI2022’ approved by the AGM on May 24th 2022.
  • On November 4th the Company provided an update on its clinical programs.
  • On December 20th the Company started a Phase 1 pharmacokinetics study for new IP2015 formulations.
  • On December 23rd the Company announced that it had decided not to exercise the option for an undisclosed pain asset.

Business highlights after this reporting period

  • Nothing to report.

Financial Highlights

Initiator Pharma A/S is a Danish registered company, and is reporting its financial situation in Danish kroner (DKK).

Fourth Quarter (2022-10-01 – 2022-12-31)
Net revenue were TDKK 0 (0)
Operating loss, EBIT was TDKK -6,477 (-7,280)
Earnings per share was DKK –0.06 (-0.11)
Cash: TDKK 39,112 (34,346)
Solidity: 72% (92%)
Full Year (2022-01-01 – 2022-12-31)
Net revenues were TDKK 0 (0)
Operating loss, EBIT was TDKK -41,740 (-23,072)
Earnings per share was DKK –0.73 (-0.60)

As disclosed in the Q1:2022 report Initiator Pharma publishes its interim reports in English only.

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