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  • Johan Lavén

    CEO


    Scheelevägen 27, SE-223 63 Lund, Sweden
    +46 (0)46 286 52 30
    +46 (0)73 330 92 16
    http://www.glycorex.com
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    Glycorex Transplantation (GTAB B): Signs agreement with distributor in Romania

    Glycorex Transplantation AB (publ) announces that the company has signed an agreement with a Romanian distributor for its product, Glycosorb® ABO.As part of its market expansion strategy, the company has signed an agreement today with Renamed Farma in Romania. Founded in 1994, the company specializes in medical equipment with a focus on areas such as hemodialysis and apheresis. It employs 40 staff members, including doctors and engineers. Therefore, Glycosorb® ABO is a suitable addition to their existing product portfolio and customer network. In recent years, the number of kidney

    Glycorex Transplantation AB: Entering into an agreement with Bio-Rad Laboratories, Inc.

    Bio-Rad Laboratories, Inc. (NYSE: BIO and BIOb) is a global leader in life science research and clinical diagnostics products. Their customers include universities, research institutions, hospitals, food safety and environmental quality laboratories around the world. During the fall of 2022, a dialogue was initiated between Glycorex and Bio-Rad to evaluate Glycosorb® ABO as part of their manufacturing process for polyclonal reagents for rare blood groups. Donor plasma containing the specific antibody is used to produce these reagents. Since donors are typically of blood groups O, A, or

    Glycorex Transplantation AB (publ): Interim Report January - September 2023

    July – September 2023 · Net sales: SEK 6.2 million (8.8) · Operating income: SEK -5.4 million (-0.8) · Net income for the period: SEK -5.5 million (-0.8) · Earnings per share: SEK -0.07 (-0.01) January – September 2023 · Net sales: SEK 22.3 million (26.8) · Operating income: SEK -13.6 million (-6.5) · Net income for the period: SEK -13.7 million (-6.6) · Earnings per share: SEK -0.19 (-0.09) Summary of the quarter · The number of units sold decreased by 13%, and the turnover decreased by 30% due to weaker sales to some of our major European markets,

    Glycorex Transplantation AB (publ): Interim Report January - June 2023

    April - June 2023 · Net sales: SEK 9.1 million (11.2) · Operating income: SEK -3.9 million (-1.7) · Net income for the period: SEK -3.9 million (-1.7) · Earnings per share: SEK -0.05 (-0.02) Summary of the quarter · Decreased sales by 19% despite the second best second quarter in ten years. · The first blood group incompatible kidney transplants with Glycosorb® ABO are performed in Hong Kong and Belgium. · Training and start-up of our technology in six new transplant centers. · Glycorex participates in three international transplantation congresses. ·

    Glycorex appoints Lars Juliusson as Business Development Manager Transfusion

    Glycorex continues to build and strengthen the company and as part of this, Lars Juliusson has been recruited as Business Development Manager with the aim of leading the company's establishment in the field of transfusion medicine. Glycorex has recruited Lars Juliusson to lead the work of establishing the company's unique product in the field of transfusion. Lars has more than 30 years of experience in sales of medical devices and has for the past six years worked in transfusion medicine as Country Manager Nordic at MacoPharma. Previously, Lars has held leading positions at the medical

    Glycorex Transplantation AB (publ): Interim Report January – March 2023

    January – March 2023 · Net sales: SEK 7.0 million (6.8) · Operating income: SEK -4.3 million (-4.0) · Net income for the period: SEK -4.3 million (-4.1) · Earnings per share: SEK -0.06 (-0.06) Summary of the quarter · 3% sales growth. · The first study on whole blood is published showing that Glycosorb® ABO effectively reduces anti-A/B antibodies without increased haemolysis (destruction of red blood cells). · The first blood group incompatible kidney transplant with Glycosorb® ABO in South Africa is performed. · Great Ormond Street Hospital in England

    Annual Report 2022 Glycorex Transplantation AB (publ)

    Today Glycorex Transplantation AB (publ) publish the Annual Report for 2022. A pdf-version of the annual report in Swedish is enclosed to this press release. An English version will be available shortly on https://glycorex.com/investors/financial-reports/. For more information, please contact:Johan Lavén, CEOEmail: johan.laven@glycorex.comTel: + 46 (0)73 330 92 16 This information is the kind of information Glycorex Transplantation AB (publ) is obliged to make public under the EU Market Abuse Act and the Act on the Securities Market. The information was submitted for publication

    Published study from the US shows promising results on the use of Glycosorb® ABO to provide low-titer group O whole blood

    The first pilot study on the use of Glycosorb® ABO for reducing anti-A/B antibody titers in blood group O whole blood has been published. The study was conducted at the University of Rochester, US. The use of Glycosorb® ABO effectively reduced the anti-A/B antibody titers to near zero without an increase in hemolysis. Glycosorb® ABO could be employed to provide low-titer group O whole blood reducing the need for type-specific blood which may expedite treatment and mitigate the risk of hemolysis from incompatible transfusion. Massive bleeding is one of the leading causes of death in

    Year-end Report 2022

    Increased sales in fourth quarter and full year. At the beginning of 2022, we were finally able to see the end of the COVID-19 pandemic and have gradually been able to accelerate our activity levels in terms of participation at fairs and congresses and, not least, by being able to have meaningful meetings with our customers. The positive sales trend we have seen during the year continued in the fourth quarter and sales rose by 38 percent to SEK 9.4 (6.8) million. Strengthened by this development, we are now approaching 2023 with great energy and even sharper focus. October – December

    The first blood group incompatible kidney transplant using Glycosorb® ABO performed in South Africa

    In February 2023 the transplant team at the Groote Schuur Hospital in Cape Town, South Africa, as the first hospital on the African continent, performed a blood group incompatible kidney transplant using Glycosorb® ABO on a patient who had been on the transplant waiting list for almost 10 years. “The Groote Schuur Hospital transplant team are excited to be able to bring this technology to our patients, allowing more patients access to transplantation,” said Dr Zunaid Barday, Nephrologist at Groote Schuur Hospital. As with most patients needing a kidney transplant, the journey for this

    Glycorex strengthens the organization to place additional force behind the growth strategy Going 4 Growth

    On December 8, 2022, Johan Lavén took over as the new CEO of Glycorex with the task of implementing the company's growth strategy by expanding the company's operations in the transplant area globally, commercializing the company's product in universal blood plasma and initiating preparations for the clinical study of Glycorex's product for the treatment of rheumatoid arthritis. Since taking office, Johan, together with the Board of Directors, has conducted a review of the company's opportunities and decided to strengthen the organization in three central areas: marketing, sales, and quality

    Glycorex Transplantation AB (GTAB B): Interim report January - September 2022

    “After a strong second quarter, the third quarter of 2022 continued with good sales growth in most of the company’s markets. The development is in line with our long-term ambitions to create sustainable sales growth.” July – September 2022 Net sales: SEK 8.8 million (8.6)Operating income: SEK -0.8 million (-0.4)Net income for the period: SEK -0.8 million (-0.5)Earnings per share: SEK -0.01 (-0.01) Events in the third quarter · Continued post COVID-19-market rebound with an increased order intake from most of the company ́s markets. · First order for Glycosorb® ABO

    Glycorex Transplantation (GTAB B): Glycosorb[®] ABO used at the largest heart transplant center in Germany

    Today, the Herz- und Diabeteszentrum Nordrhein-Westfalen in Bad Oeynhausen has announced in a press release  that their first blood group incompatible heart transplant using Glycosorb® ABO has been performed and with excellent results. The transplant was performed on a two-year-old girl, and she has now been able to celebrate her two-year-old birthday at home. The girl came to the hospital five months ago as a result of an incurable genetic heart muscle disease

    Glycorex Transplantation AB (GTAB B): Interim report January-June 2022

    Accelerating sales growth“Glycorex had a strong second quarter of 2022 with solid double-digit growth. Demand grew as the effects of the COVID-19-pandemic continued to subside which, combined with an effective implementation of the company’s G4G strategy, delivered a very good quarter.”  – Geert Nygaard, CEO Financial information April – June 2022 · Net sales: SEK 11.2 million (8.0) · Operating income: SEK -1.7 million (-2.2) · Net income for the period: SEK -1.7 million (-2.3) · Earnings per share: SEK -0.02 (-0.03) Events in the second quarter · Distributor

    Glycorex Transplantation AB (publ) announces collaboration partner

    Glycorex Transplantation AB (publ) has previously announced that the company is collaborating with a leading European research institute in order to develop a product for the treatment of the autoimmune disease, Rheumatoid arthritis (RA). Glycorex can today announce that this institute is University Hospital in Toulouse (UHT).Within this collaboration Glycorex is combining its unique technology base incorporating with RA-associated compounds developed at the University Hospital in Toulouse. The goal is to develop a specific extracorporeal blood treatment of chronically ill Rheumatoid

    Quarterly Report, Quarter 1 2022

    The quarter in brief, January - March 2022January - March 2021 •          Net sales: SEK 6.8 million (4.9) •          Operating income: SEK -4.0 kronor (-5.3) •          Net income for the period: SEK -4.1 million (-5.3) •          Earnings per share: SEK -0.06 (-0.07) Summary of the quarter •          39% sales growth •          Net income for the period improved by SEK 1.2 million •          Organization strengthened with new Head of Sales •          New distributor in South Africa •          Strategy for sustainable growth developed and implemente CEO

    Glycorex Transplantation AB (GTAB B) expand its business in South America

    New Distributor appointed in ChileGlycorex Transplantation AB (publ) and Chilean company Cardiotec Vascularis Ltda. (Cardiotec) has today signed a partnership agreement under which Cardiotec will represent Glycorex in the Chilean market, offering the full range of Glycorex products to their customers.   “We are very pleased to initiate the collaboration with Cardiotec and are looking forward to assist patients and hospitals in Chile with our state-of-the-art products, especially supporting medical staff during bloodgroup incompatible organ transplantation and minimizing the risk of

    Glycorex Transplantation sponsors a digital symposium on intraoperative Glycosorb[®] ABO-treatment in pediatric blood group incompatible heart transplantation

    Today, March 29, 2022, Glycorex Transplantation is sponsoring a symposium at IPTA 2022 to highlight the unique method developed by Great Ormond Street Hospital (GOSH) in London. In 2015, the perfusionist team and the transplant team at GOSH in London, introduced a method to incorporate Glycosorb[®] ABO into the cardiopulmonary bypass system in order to expand the donor pool and facilitate for more children to receive a heart transplant. GOSH has published three articles on the subject [1,2,3]. The results are excellent and have shown significant advantages over the previously used method.

    Glycorex Transplantation AB (publ.) Announces Appointment of Head of Sales.

    Lund, Sweden, March 7[th], 2022 – Glycorex Transplantation AB, a commercial stage medical device company, today announces Mr. Erik Melgaard Pedersen as the company’s Head of Sales. In this role, Mr. Pedersen will oversee all commercial activities for the company as we continue to expand globally.“I am delighted to welcome a strong and experienced commercial leader like Erik to Glycorex. Erik brings extensive global commercial expertise to the organization from his work at companies like SSI Diagnostica, Euro Diagnostica AB (now Svar), DAKO and Olympus. He will continue to build the

    Glycorex Transplantation (GTAB B): Concludes agreement with distributor in South Africa

    Glycorex Transplantation AB (publ) can announce that the company has entered into an agreement with a distributor in South Africa for the company's transplant product, Glycosorb® ABO.As part of the company's strategy for market expansion, the company has today signed an agreement with a distributor in South Africa. Today, the distributor sells a leading global brand to preserve organs outside the body and keep them in optimal condition while awaiting transplantation. Glycosorb® ABO thus fits in very well with their existing product portfolio and customer network. The agreement marks the

    Geert Nygaard has joined Glycorex Transplantation AB (publ.) as Chief Executive Officer

    As previously announced, Geert Nygaard has joined Glycorex Transplantation AB (publ.) as its CEO as per 15[th] December 2021. Geert brings over 30 years of experience in the diagnostics and life science markets from a variety of senior leadership roles with Abbott Laboratories, TECAN, Epigenomics and DAKO. “I am very excited to join the Glycorex Transplantation team as we are entering the next phase of expansion”, said Geert Nygaard. “We are focusing on increasing the global market reach for our existing Glycosorb ABO product and launching new exciting products for Universal Blood

    Glycorex Transplantation AB: Geert Nygaard appointed as new CEO

    Glycorex Transplantation AB can announce that Geert Nygaard has been appointed as Chief Executive Officer of the company and will begin serving in that role on December 15th, 2021.Geert brings over 30 years of experience in the diagnostics and life science markets from a variety of senior leadership roles with Abbott Laboratories, TECAN, Epigenomics and DAKO. After more than 20 years working abroad and extensive experience working as a CEO internationally, Geert decided to move back to Denmark. Geert has a strong commercial background supported by regulatory and quality expertise. Geert

    Manufacturing of low titer-blood group O whole blood: Presentation of results at the SABM 2021 Annual Meeting

    Glycorex Transplantation AB (publ.), listed on NGM Main Regulated Equity, announces that the Transfusion unit at the University of Rochester Medical Center presents their experience with the UBP-product for the manufacturing of low titer-blood group O whole blood (LTOWB) at the Society for the Advancement of Blood Management (SABM) today.The company has developed a CE-marked medical device for reduction of blood group A and blood group B specific antibodies (UBP-product). Massive bleeding is one of the leading causes of death in severe trauma. Evidence is growing suggesting that

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