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 has initiated a rights issue of units to raise approximately 20 million SEK, with the subscription period running from July 1 to July 15, 2025. Existing shareholders have preferential rights, and the issue includes a maximum of 9,994,019 units, each comprising one newly issued share and one warrant. The subscription price is SEK 2.00 per unit. The warrants allow holders to subscribe for additional shares between February 5 and February 15, 2026, at a price determined by the average market price, with certain limits. The company has secured commitments covering nearly the entire rights issue amount. An over-allotment issue may occur if the rights issue is oversubscribed. PILA PHARMA focuses on developing treatments for obesity, type 2 diabetes, and erythromelalgia using TRPV1 antagonists, specifically the compound XEN-D0501. The company is preparing for further clinical trials to assess safety and efficacy in treating these conditions. The press release includes legal disclaimers about distribution restrictions and forward-looking statements.
PILA PHARMA AB, a Swedish biotech company, announced a recent interview with Helge Larsen from ProInvestor, Denmark's largest online forum for investors in biotechnology and pharmaceuticals. During the interview, CEO Gustav H. Gram discussed the company's upcoming rights issue, which is nearly fully backed by investors and guarantors. The funds raised will support new obesity studies. PILA PHARMA focuses on developing TRPV1 antagonists, particularly XEN-D0501, for treating type 2 diabetes, obesity, erythromelalgia, and abdominal aorta aneurysm. XEN-D0501 has shown promise in clinical trials for diabetes and obesity, and research continues into its efficacy for other conditions. The company is preparing for further clinical trials and exploring potential treatments for obesity and related diseases.
PILA PHARMA AB announced that June 25, 2025, is the last day for trading shares that include rights to receive unit rights related to a rights issue resolved by the Board on June 19, 2025. Shareholders registered by June 27, 2025, will receive one unit right per share, with 19 unit rights allowing subscription for seven units. Each unit includes one new share and one warrant of series TO2, priced at SEK 2.00 per unit. The warrants, issued free of charge, allow holders to subscribe for two new shares between February 5-15, 2026, at a price determined by the average market price prior to February 5, 2026, but not less than SEK 1.50 or more than SEK 3.00 per share. The subscription period for the rights issue is from July 1-15, 2025, with existing shareholders and management committing approximately SEK 10.22 million, and additional guarantee commitments of SEK 9.75 million, covering nearly 99.87% of the issue. If oversubscribed, an over-allotment issue may be conducted. PILA PHARMA, a Swedish biotech company, focuses on developing TRPV1 antagonists for obesity and type 2 diabetes treatment, with its candidate XEN-D0501 showing promising results in clinical trials. The company is also exploring treatments for erythromelalgia and abdominal aorta aneurism. Legal and issuing advisors for the rights issue are MAQS Advokatbyrå and Nordic Issuing, respectively.
PILA PHARMA AB announced a rights issue of units, involving new shares and warrants, valued at approximately SEK 20 million. The Swedish Financial Supervisory Authority has approved the prospectus related to this issue. Shareholders as of June 27, 2025, will receive unit rights, allowing them to subscribe for new units at SEK 2.00 each. The subscription period is from July 1 to July 15, 2025. The company aims to use the proceeds primarily for preclinical trials of its drug candidate XEN-D0501 for obesity and for working capital. PILA PHARMA is a Swedish biotech firm focused on developing treatments for obesity and type 2 diabetes using TRPV1 antagonists. The company has completed phase 2a trials for XEN-D0501, showing positive results in enhancing insulin response and reducing heart failure biomarkers. The drug is also being explored for other conditions like erythromelalgia and abdominal aorta aneurism. The press release emphasizes that it is not an offer or solicitation for securities in jurisdictions where such actions would be unlawful.
PILA PHARMA AB's Board of Directors has announced a Rights Issue to raise approximately SEK 20 million by issuing new shares and warrants. The subscription price is set at SEK 2 per unit. Shareholders registered by June 27, 2025, will receive unit rights, allowing them to subscribe to new shares and warrants. The Rights Issue is supported by commitments from existing shareholders and management, covering about 99.87% of the total amount. If fully subscribed, the company will net approximately SEK 18 million after transaction costs. An Over-allotment Issue may be conducted if the Rights Issue is oversubscribed, potentially raising an additional SEK 9.9 million. The funds will primarily support the development of the company's drug candidate, XEN-D0501, targeting obesity and type 2 diabetes. The subscription period is from July 1 to July 15, 2025. The complete terms will be detailed in a prospectus expected to be published on June 25, 2025. PILA PHARMA is a Swedish biotech firm focused on developing treatments for obesity and diabetes, with interests in other diseases such as erythromelalgia and abdominal aortic aneurysm.
PILA PHARMA AB (publ) is a Swedish biotech company focused on developing TRPV1 antagonists as novel treatments for type 2 diabetes, obesity, and other inflammatory diseases. The company recently shared recordings of presentations by CEO Gustav H. Gram, discussing their lead candidate, XEN-D0501, and its potential in treating obesity and diabetes. XEN-D0501 has shown promise in clinical trials, demonstrating good tolerability and efficacy in enhancing insulin response and reducing cardiovascular biomarkers. The company is preparing for further trials to explore its maximal tolerable dose and efficacy in weight reduction. PILA PHARMA also explores the use of XEN-D0501 for erythromelalgia and abdominal aorta aneurysm, with ongoing research collaborations and plans for proof-of-concept studies. The company aims to address the growing global challenges of obesity and diabetes, which are linked to significant health risks and economic burdens.
PILA PHARMA AB, a Swedish biotech company, is developing novel oral drugs targeting the TRPV1 receptor for obesity and diabetes treatment. The company recently participated in an online investment presentation, discussing its approach and the industry's shift towards oral treatment solutions. PILA PHARMA's lead candidate, XEN-D0501, is a TRPV1 antagonist shown to be effective and well-tolerated in early clinical trials for obesity and type 2 diabetes. The company is preparing for further trials to assess the drug's safety and efficacy. Additionally, PILA PHARMA is exploring the use of XEN-D0501 for treating erythromelalgia and abdominal aorta aneurysm, with promising preclinical results. The company holds patents for TRPV1 antagonists and continues to advance its research and development efforts in these areas.
PILA PHARMA AB, a Swedish biotech company, is developing novel oral drugs based on TRPV1 inhibition for treating obesity and diabetes. CEO Gustav H. Gram discussed the company's goals and the broader market trends, including the 'Longevity' movement, on the 10X podcast. The podcast is available in English, with the PILA segment starting at 33:10. PILA PHARMA is focused on developing TRPV1 antagonists, specifically XEN-D0501, for treating type 2 diabetes and other inflammatory diseases. The company has completed successful phase 2a trials and is preparing for further clinical trials, aiming to identify the maximal tolerable dose and evaluate the safety of XEN-D0501 in people with obesity and type 2 diabetes. The company is also exploring treatments for erythromelalgia and abdominal aorta aneurysm, with promising preclinical results for XEN-D0501 in reducing aneurysm growth in mice. PILA PHARMA's projects are available for out-licensing, and the company continues to advance its research and development efforts.

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Press Release: PILA PHARMA DISCUSSED ITS POTENTIAL ROLE IN OBESITY & DIABETES WITH HELGE LARSEN & PROINVESTOR

PILA PHARMA AB, a Swedish biotech company, announced a recent interview with Helge Larsen from ProInvestor, Denmark's largest online forum for investors in biotechnology and pharmaceutical stocks. The interview, conducted in Danish, featured founder and CSO Dorte X. Gram discussing the company's development of a novel oral treatment for obesity and diabetes using a TRPV1 antagonist. The recording is available online, with an English subtitled version forthcoming. PILA PHARMA is listed on Nasdaq First North Growth Market, Sweden, and focuses on developing treatments for obesity, type 2 diabetes, erythromelalgia, and abdominal aorta aneurysm. Their lead candidate, XEN-D0501, has shown promise in clinical trials for improving insulin response and reducing cardiovascular biomarkers. The company is preparing for further clinical trials to assess safety and efficacy. PILA PHARMA also collaborates with Uppsala University on research for abdominal aorta aneurysms, where XEN-D0501 has shown potential in preclinical studies.

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Press Release: PILA PHARMA TO RE-VISIT PROINVESTOR WITH HELGE LARSEN TO DISCUSS THE COMPANY'S AMBITIONS IN OBESITY & DIABETES

PILA PHARMA AB will participate in a 1-on-1 interview with Helge Larsen from ProInvestor on June 5, 2025. The interview will feature Founder and CSO Dorte X. Gram discussing the company's development of a novel oral treatment for obesity and diabetes using a TRPV1 antagonist. The discussion will cover topics such as the mode of action of TRPV1 antagonists, data supporting their use for metabolic diseases, and progress on their lead candidate, XEN-D0501. The interview will be conducted in Danish and transcribed to English, with the recording available on June 6, 2025. PILA PHARMA is a Swedish biotech company focused on developing TRPV1 antagonists for treating type 2 diabetes and other inflammatory diseases. Their lead candidate, XEN-D0501, has shown promising results in clinical trials for obesity and diabetes, and holds orphan drug designation for erythromelalgia. XEN-D0501 has demonstrated efficacy in reducing glucose intolerance and body weight gain in preclinical studies and has a good safety profile. The company is preparing for further clinical trials to assess the safety and efficacy of XEN-D0501. PILA PHARMA is also involved in research for treating erythromelalgia and abdominal aorta aneurysm, with ongoing studies and collaborations to explore the potential of XEN-D0501 in these areas. The company aims to address unmet needs in obesity and diabetes treatment, with a focus on developing accessible oral therapies.

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Press Release: KOMMUNIKÉ FRÅN ÅRSSTÄMMA I PILA PHARMA AB 2025

PILA PHARMA AB held its annual general meeting on April 29, 2025, in Malmö, Sweden, where key decisions were made. The company's financial statements for 2024 were approved, and it was decided that no dividend would be distributed for that year. The board and CEO were granted discharge from liability for 2024. The meeting re-elected board members Dorte Xenia Gram, Richard Busellato, Lasse Richter Petersen, and Julie Waras Brogren, with Dorte Xenia Gram continuing as chair. Deloitte AB was re-elected as auditor, with Maria Ekelund as the lead auditor. The nomination committee will include Dorte Xenia Gram and Niels Raaschou. The board was authorized to issue new shares or financial instruments until the next annual meeting. PILA PHARMA is a Swedish biotech company focused on developing TRPV1 antagonists for treating type 2 diabetes and other inflammatory diseases. Its main asset is XEN-D0501, which has shown promise in clinical trials for obesity and type 2 diabetes. The company plans further trials to determine the maximum tolerable dose and assess safety and efficacy. PILA PHARMA also explores treatments for erythromelalgia and abdominal aorta aneurysm, with ongoing research collaborations and development plans.

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Press Release: PILA PHARMA UPCOMING INVESTOR MEETINGS

PILA PHARMA AB, a Swedish biotech company, invites investors and interested parties to upcoming events where they will present their work on innovative treatments for obesity, diabetes, and other conditions. These events include a panel debate in Malmö on April 28, 2025, the Vator Life Science Summit in Stockholm on May 14, 2025, and the AktieInfo Investor Evening in Copenhagen on May 19, 2025. The company focuses on developing TRPV1 antagonists, specifically XEN-D0501, for treating type 2 diabetes, obesity, erythromelalgia, and abdominal aorta aneurysm. XEN-D0501 has shown promising results in clinical trials, demonstrating good tolerability and efficacy. PILA PHARMA continues to advance its research and development efforts, with plans for further clinical trials and ongoing collaborations. The company is publicly traded on Nasdaq First North Growth Market in Sweden.

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Press Release: PILA PHARMA: REMINDER - LAST DAY FOR SHAREHOLDER REGISTRATION FOR ANNUAL GENERAL MEETING

PILA PHARMA AB (publ) reminds shareholders that April 23 is the last day to register for the Annual General Meeting on April 29, 2025, in Malmö, Sweden. Shareholders can attend in person or vote via proxy. PILA PHARMA, a Swedish biotech company, focuses on developing TRPV1 antagonists for treating type 2 diabetes and other diseases. Their development candidate, XEN-D0501, has shown promise in clinical trials and has potential applications in obesity, diabetes, erythromelalgia, and abdominal aorta aneurysm. The company is preparing for further clinical trials to evaluate safety and efficacy. Obesity and diabetes are significant global health issues, and PILA PHARMA is working on potential treatments for these conditions. Erythromelalgia is a rare disease causing pain and redness, with no current treatments available. Abdominal aorta aneurysm affects many globally, and PILA PHARMA's research has shown potential in reducing its growth.

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Press Release: KALLELSE TILL ÅRSSTÄMMA I PILA PHARMA AB

Aktieägarna i PILA PHARMA AB kallas till årsstämma den 29 april 2025 i Malmö. För att delta måste aktieägare vara registrerade i aktieboken senast den 17 april och anmäla sig senast den 23 april. Vid stämman kommer olika ärenden att behandlas, inklusive godkännande av årsredovisningen, beslut om vinstdisposition och ansvarsfrihet för styrelsen. Valberedningen föreslår omval av styrelseledamöter och revisor. Styrelsen föreslår att ingen utdelning lämnas för 2024 och begär bemyndigande att emittera nya aktier. Handlingar inför stämman finns tillgängliga på bolagets huvudkontor och hemsida. Personuppgifter hanteras enligt dataskyddsförordningen.

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Press Release: PILA PHARMA INVITES TO H2 REPORT WEBINAR & INVESTOR Q&A

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.

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Press Release: PILA PHARMA ANNOUNCES PRECLINICAL PROOF-OF-CONCEPT ACHIEVED IN CARDIOVASCULAR DISEASE STUDY

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.

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Press Release: PILA PHARMA ANNOUNCES NEW CHIEF FINANCIAL OFFICER (CFO)

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.

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Press Release: PILA PHARMA ANNOUNCES INITIATION OF STUDY IN PRECLINICAL RESEARCH COLLABORATION IN CARDIOVASCULAR DISEASE

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.

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