PILA PHARMA AB

Logotype for PILA PHARMA AB
Ticker/ISIN
PILA
SE0015988274
Marknad/Land
SE
Sweden

Senaste sammanfattade pressmeddelande från PILA PHARMA AB

PILA PHARMA AB is inviting investors to an online webinar on February 27, 2025, where CEO Gustav H. Gram will discuss the company's 2024 second half-year report and their TRPV1 antagonist for obesity and related disorders. The company, listed on Nasdaq First North Growth Market, is a Swedish biotech firm focusing on developing TRPV1 antagonists as treatments for type 2 diabetes, obesity, and other inflammatory diseases. Their lead compound, XEN-D0501, has shown promise in clinical trials for obesity and type 2 diabetes, and has been granted orphan drug designation for erythromelalgia. PILA PHARMA is also exploring its use for abdominal aorta aneurysm, with preclinical success in reducing aneurysm growth in mice. The company is preparing for further clinical trials to assess safety and efficacy in these conditions.
PILA PHARMA AB has announced the completion of a study by Professor Dick Wågsäter's Research Group at Uppsala University, which showed that their TRPV1 antagonist, XEN-D0501, significantly reduced the growth of Abdominal Aorta Aneurysm (AAA) in mice. This establishes a preclinical proof-of-concept for the drug's potential to reduce chronic inflammation leading to cardiovascular diseases, including aorta dilatation. The study revealed that XEN-D0501 decreased aorta dilatation by over 50% compared to placebo, nearly inhibiting aneurysm development in the model. The results await further validation before publication. PILA PHARMA focuses on developing TRPV1 antagonists for type 2 diabetes and other inflammatory diseases. XEN-D0501 has shown good safety profiles in previous trials and is being prepared for further clinical studies. The company also holds patents for using TRPV1 antagonists in treating obesity and diabetes. PILA PHARMA is based in Malmö, Sweden, and is listed on the Nasdaq First North Growth Market.
PILA PHARMA AB has appointed Hampus Darrell as its new Chief Financial Officer (CFO). Hampus brings extensive experience in accounting and financial management, having worked in various roles at KPMG and E.ON, and as CFO at Setterwalls Advokatbyrå. He holds a Master of Science in Business and Economics from Lund University and became a Swedish Certified Public Accountant in 2005. Hampus will join PILA PHARMA part-time from December 2024, succeeding Elna Lembrér Åström, who is retiring. PILA PHARMA, a Swedish biotech company, focuses on developing TRPV1 antagonists for treating type 2 diabetes and other inflammatory diseases. The company owns the development candidate XEN-D0501, which has shown promise in clinical trials. PILA PHARMA is working on projects related to type 2 diabetes, erythromelalgia, and abdominal aorta aneurism. The company also collaborates with Uppsala University to study the effects of XEN-D0501 on abdominal aorta aneurism growth in mice.
PILA PHARMA AB has announced the start of a study in collaboration with Professor Dick Wågsäter's research group at Uppsala University. The study aims to investigate the effects of PILA PHARMA's lead molecule, XEN-D0501, on the growth of Abdominal Aorta Aneurism (AAA) in mice. The hypothesis is that XEN-D0501 may reduce inflammation leading to cardiovascular diseases, potentially preventing AAA's progression. PILA PHARMA will co-sponsor the research, with the Research Group retaining publication rights after patenting. If successful, this study could lead to human trials. PILA PHARMA, a Swedish biotech company, focuses on developing TRPV1 antagonists for type 2 diabetes and other inflammatory diseases. XEN-D0501 has shown promise in previous trials for diabetes and obesity, and the company is planning further clinical trials to explore its potential benefits.
PILA PHARMA AB, a Swedish biotech company, invites investors to several upcoming Nordic events where CEO Gustav H. Gram will discuss the company's innovative treatment for metabolic disorders. The company focuses on developing TRPV1 antagonists, particularly XEN-D0501, for conditions like type 2 diabetes, obesity, and erythromelalgia. XEN-D0501 has shown promise in clinical trials, improving insulin response and reducing cardiovascular biomarkers. The company plans further trials to assess safety and efficacy. PILA PHARMA also explores treatments for erythromelalgia and abdominal aorta aneurism, collaborating on preclinical studies to investigate XEN-D0501's potential effects. Diabetes and obesity are highlighted as significant global health issues, with obesity linked to increased risk of type 2 diabetes and cardiovascular diseases. The company's shares are traded on Nasdaq First North Growth Market in Sweden.
PILA PHARMA AB (publ) announced that its Chairman of the Board, Dorte X. Gram, and CEO, Gustav H. Gram, have purchased additional shares in the company. Dorte X. Gram, along with Gustav H. Gram, acquired 20,000 shares through their family investment vehicle, Gram Equity Invest AB, at an average price of SEK 4.99. Dorte X. Gram's total holdings now amount to 5,215,086 shares. Separately, Gustav H. Gram privately acquired 11,072 shares on November 15 and 5,914 shares on November 18, at an average price of SEK 4.58, bringing his total holdings to 96,802 shares. Both leaders expressed confidence in the company's potential, particularly in developing TRPV1 antagonists for treating metabolic diseases such as obesity, diabetes, and cardiovascular disease. PILA PHARMA is a Swedish biotech company focusing on developing these antagonists as novel treatments for type 2 diabetes and other inflammatory diseases. The company owns the TRPV1 asset XEN-D0501, which has shown promise in clinical trials. PILA PHARMA is also involved in projects related to erythromelalgia and abdominal aorta aneurism, with ongoing research and development efforts.
PILA PHARMA AB (publ) invites viewers to watch or listen to a broadcast of "Millionærklubben," featuring CEO Gustav H. Gram. He will discuss the company's innovative pill treatment for diabetes, obesity, and other metabolic disorders. The episode is in Danish and will be available on PILA PHARMA's digital platforms. PILA PHARMA is a Swedish biotech firm focused on developing TRPV1 antagonists, particularly XEN-D0501, for treating type 2 diabetes and other conditions. The company has completed two phase 2a clinical trials showing XEN-D0501 is well tolerated and enhances insulin response. Future plans include further trials to assess the safety and efficacy of the drug. PILA PHARMA is also exploring treatments for erythromelalgia and abdominal aorta aneurism. The company collaborates with Uppsala University to study XEN-D0501's effects on aneurism growth in mice.
PILA PHARMA AB has announced the selection of Professor Mark Evans as the principal investigator and Cambridge University Hospital as the main clinical trial site for their study PP-CT03. The decision follows changes to the trial plan due to safety concerns with non-hospital sites. PILA PHARMA will seek scientific advice from the UK MHRA to enhance the study design for their TRPV1 antagonist, XEN-D0501, aimed at treating diabetes and obesity. The company aims to optimize study efficacy and regulatory approval chances. Despite potential delays, they expect to receive scientific feedback in early 2025. PILA PHARMA focuses on developing treatments for type 2 diabetes, obesity, erythromelalgia, and abdominal aorta aneurism. Their lead molecule, XEN-D0501, has shown promise in previous trials and is being further developed for its potential benefits in metabolic diseases.

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Press Release: PILA PHARMA RECEIVES AWARD OF INNOVATION GRANT

Pila Pharma AB has been awarded an innovation grant from the Swedish Innovation Agency, Vinnova, to further develop its intellectual property (IP) strategy. The grant, worth SEK 100,000, was handled through the local Incubator at Medeon Science Park in Malmö, Sweden. Pila Pharma AB is working with Scandinavian IP boutique firm HØIBERG to update its IP strategy. The company's initial patents were for the use of TRPV1 antagonists in the treatment of obesity and related diseases. The company is now looking to file new patents to protect its future business. The updated IP strategy will support the company's business strategy and cover potential additional markets.

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Press Release: REMINDER: PILA PHARMA ABs NEXT FINANCIAL REPORT IS DUE IN AUGUST

Pila Pharma AB has shifted to half-year financial reporting to cut internal administrative costs. The company's next financial report is due on August 27, 2024, as previously stated in the 2023 Financial Year-End Report. Pila Pharma AB, a Swedish biotech firm, is developing TRPV1 antagonists for the treatment of type 2 diabetes and other inflammation-related diseases. Its share ticker, PILA, is traded on the Nasdaq First North Growth Market in Sweden. The company is currently focusing on three projects related to diabetes/obesity, erythromelalgia, and abdominal aorta aneurism. Pila Pharma has secured funding for a phase 2a dose-escalation study of XEN-D0501, its development candidate, in overweight or obese people with type 2 diabetes.

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Press Release: PILA PHARMA AB APPOINTS NEW CHAIRMAN OF THE BOARD AND CEO

Dorte X. Gram has been elected as the new Chairman of the Board of Pila Pharma AB, stepping down from her previous role as CEO. In her place, Gustav H. Gram has been appointed as the new CEO. Dorte X. Gram will also take on the role of Chief Scientific Officer (CSO) to strengthen the company's R&D focus. The reshuffling aims to enhance the company's market focus and prepare it for growth. Additionally, two new members have been elected to the Board of Directors, Lasse Richter Petersen and Julie Waras Brogren, to boost the company's financial, strategic and market insight.

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Press Release: KOMMUNIKE FRÅN ÅRSSTÄMMA I PILA PHARMA AB 2024

Pila Pharma AB höll sin årsstämma den 18 april 2024. Huvudsakliga beslut inkluderade fastställandet av resultat- och balansräkningar för 2023 samt beslut om att ingen utdelning skulle ges för samma år. Styrelsen och verkställande direktören beviljades ansvarsfrihet för förvaltningen under 2023. Omval av styrelseledamöter och revisor genomfördes, och styrelsearvoden bestämdes. Årsstämman beslutade också att bemyndiga styrelsen att fatta beslut om nyemission av aktier och/eller teckningsoptioner och/eller konvertibler fram till nästa årsstämma. Bolaget fokuserar för närvarande på tre projekt inom diabetes/obesitas, erytromelalgi och bukaortaaneurysm. Bolagets aktie, PILA, handlas på Nasdaq First North Growth Market.

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Press Release: PILA PHARMA TO PRESENT IN ODENSE, DENMARK & ONLINE

PILA PHARMA AB (publ), a Swedish biotech company, has invited investors to participate in several upcoming events where it will present its investment case and developments around its potential pill treatment for diabetes, obesity, and related diseases. The events include the Redeye Online Investor Event on 11 April 2024, the Dansk Aktionærforening Fyn [INVESTOR DAGEN] on 16 April 2024, and the Aktiespararna Online Lifescience Day on 17 April 2024. The company is focusing on three projects related to Diabetes/Obesity, Erythromelalgia, and Abdominal Aorta Aneurism. PILA PHARMA's share ticker PILA is traded on Nasdaq First North Growth Market, Sweden.

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Press Release: PILA PHARMA ADVANCES THE PUBLICATION OF THE ANNUAL REPORT 2023

PILA PHARMA AB has moved the publication date for its annual report for the financial year ending 31 December 2023 from 21 March 2024 to 20 March 2024. The company, which trades under the ticker PILA on the Nasdaq First North Growth Market in Sweden, is a biotech firm focused on developing TRPV1 antagonists for the treatment of type 2 diabetes and other inflammatory diseases. Its key development candidate is XEN-D0501, which has shown promise in early trials for enhancing insulin response and reducing inflammation. The company is also exploring the use of XEN-D0501 for treating obesity, erythromelalgia, and abdominal aorta aneurism.

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Press Release: KALLELSE TILL ÅRSSTÄMMA I PILA PHARMA AB

PILA PHARMA AB har kallat till årsstämma den 18 april 2024 hos MAQS Advokatbyrå i Malmö. Aktieägare som önskar delta ska vara registrerade i aktieboken senast den 10 april 2024 och anmäla deltagande senast den 15 april. Dagordningen inkluderar bland annat godkännande av årsredovisning, val av styrelse och revisor, samt beslut om eventuell nyemission av aktier. Styrelsen föreslår att ingen utdelning görs för räkenskapsåret 2023. Valberedningen föreslår omval av flera nuvarande styrelseledamöter och nyval av Lasse Richter Petersen. Revisionsbolaget Deloitte föreslås för omval som revisor.

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Press Release: CEO COMMENT ON NOMINATION TO BECOME NEXT CHAIRMAN

Founder and CEO of PILA PHARMA AB, Dorte X. Gram, has been nominated to become the company's next Chairman of the Board. The announcement was made in the call for the company's Annual General Meeting, scheduled for 18 April 2024. If Gram receives shareholder support and becomes Chairman, she will step down as CEO and the company will search for a replacement. PILA PHARMA is a Swedish biotech firm focused on developing TRPV1 antagonists for the treatment of type 2 diabetes and other inflammatory diseases. The company's share ticker, PILA, is traded on Nasdaq First North Growth Market, Sweden.

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Press Release: PILA PHARMA INVITES YOU TO INVESTOR MEETINGS

Swedish biotech company, PILA PHARMA AB, has announced a series of upcoming investor events in Denmark and Sweden, both in-person and online, from 21 March to 18 April 2024. The events will feature discussions by the company's CEO and Founder, Dorte X. Gram, on the company's potential novel pill treatment for diabetes, obesity, and related conditions. PILA PHARMA is focused on the development of TRPV1 antagonists for the treatment of type 2 diabetes and other inflammatory diseases. The company's main development candidate is XEN-D0501, a selective, synthetic potent small molecule TRPV1 antagonist. PILA PHARMA's shares are traded on the Nasdaq First North Growth Market in Sweden.

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Press Release: PILA PHARMA INVITES TO ONLINE INVESTOR MEETING & EARNINGS CALL

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