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DexTech Medical AB, Interim report July 1 - September 30, 2023

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Summary of the first quarter (2023-07-01 – 2023-09-30)

  • Net sales amounted to MSEK 0,0 (0,0)
  • Operating profit/loss amounted to MSEK -1,1 (-0,8)
  • Earnings per share* SEK -0.05 (-0.04)
  • Cash and cash equivalents at the end of the period amounted to MSEK 23,6 (25,2)

* Before and after dilution. Earnings per share: Profit for the period divided by the average number of shares 18,485,857. For the comparison period, the average number of shares was 18,485,857. Amounts in brackets refer to the corresponding period last year.

CEO's comment

The company's Phase 1 study regarding OsteoDex's treatment of multiple myeloma is underway and patient recruitment is ongoing. Some inclusion criteria have been adjusted which means that more patients can be included.

Principal investigator (PI) is Dr Katarina Uttervall, MD, PhD, Department of Hematology/HERM, Karolinska University Hospital, Huddinge. Biomarkers are analysed at the Central Laboratory, Karolinska University Hospital, NKS, Solna. Patients with relapsed/treatment-resistant disease who have received 1-5 prior lines of therapy are included. The primary objective is to confirm safety and tolerability and as a secondary objective to determine possible response to treatment. Documentation of quality of life will also be done (QoL scores).

Study material, GMP manufactured OsteoDex, is produced by Biovian OY, Turku, Finland and is delivered to the respective hospitals. We are excited to conduct this study.

The company has filed a new patent application with the European Patent Office regarding the GMP production of OsteoDex (GMP = good manufacturing practice). If the application is granted, patent protection will be granted until approximately 2044. We believe that the conditions for approval of the application are very good.

Anders R Holmberg

Contact

Anders Holmberg, CEO, +46 73 324 27 82

Gösta Lundgren, CFO, +46 70 710 47 88

This information is such information that DexTech Medical AB is required to disclose in accordance with the EU Market Abuse Regulation. The information was submitted for publication on Oktober 27, 2023 through the care of the above contact persons.

This report is an in-house translation of the original report in Swedish

Stockholm October 27, 2023

DexTech Medical AB

Board of Directors

This report has not been reviewed by the Company's auditor.

DexTech Medical AB
Dag Hammarskjölds Väg 34A, Uppsala
Mailing address:
Box 389, 751 06 Uppsala
www.dextechmedical.com

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