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, a Swedish biotech company focused on developing TRPV1 inhibitors for treating obesity and diabetes, announced that CEO Gustav H. Gram has increased his shareholding by acquiring 36,677 shares at an average price of SEK 2.26 per share, bringing his total to 167,296 shares. The transaction was reported to the Swedish Financial Supervisory Authority. PILA PHARMA, listed on Nasdaq First North Growth Market, is based in Malmö and owns a TRPV1 asset, including the development candidate XEN-D0501, which has shown promise in treating obesity, type 2 diabetes, and potentially other inflammatory diseases. The company has completed two phase 2a trials demonstrating the safety and potential efficacy of XEN-D0501. It is preparing a new trial to assess the drug's maximal tolerable dose and efficacy in weight reduction. PILA PHARMA also explores licensing opportunities for treating Erythromelalgia and Abdominal Aorta Aneurysm. The company aims to develop XEN-D0501 as a first-in-class oral treatment for obesity and diabetes, addressing significant global health challenges.
PILA PHARMA AB, a Swedish biotech company, has signed a contract with Danish Contract Research Organisation Gubra to demonstrate preclinical proof-of-concept for its drug candidate XEN-D0501 in obese rats. This is part of PILA PHARMA's strategy to develop oral drugs for obesity and diabetes by inhibiting TRPV1. The company completed a rights issue in July to fund these trials, with plans to use proceeds from future warrants to finance clinical trials in humans. The study will involve treating obese male DIO and Zucker rats with XEN-D0501 for four weeks. PILA PHARMA aims to establish proof-of-concept in rats to advance clinical studies in humans. The company has previously completed two phase 2a clinical trials demonstrating the drug's tolerability and efficacy in people with obesity and type 2 diabetes. PILA PHARMA is also exploring licensing opportunities for its drug candidate in other conditions like Erythromelalgia and Abdominal Aorta Aneurysm. Gubra specializes in pre-clinical research and peptide-based drug discovery, with a focus on metabolic and fibrotic diseases.
PILA PHARMA AB, a Swedish biotech company, is developing novel oral drugs based on TRPV1 inhibition for treating obesity and diabetes. The company recently participated in a review of their Half-Year Financial Report with Direkt Studios, where CEO Gustav H. Gram highlighted their low burn-rate, prudent capital allocation, and the successful rights issue to fund obesity studies using their unique TRPV1-inhibitor. PILA PHARMA is financially well-positioned and preparing to initiate studies in obesity. The company's TRPV1 antagonist, XEN-D0501, has shown promise in preclinical and clinical trials for obesity, diabetes, erythromelalgia, and abdominal aorta aneurysm. PILA PHARMA focuses on treatments for obesity, type 2 diabetes, erythromelalgia, and abdominal aorta aneurysm, with ongoing and planned studies to evaluate the efficacy and safety of XEN-D0501. The company is also open to out-licensing opportunities for some projects.
PILA PHARMA AB, a Swedish biotech firm, announced its CEO's participation in a new podcast episode discussing the company's oversubscribed rights issue, which aims to fund the development of a novel TRPV1 inhibitor for obesity studies. The podcast highlights PILA PHARMA's strategy in the growing obesity market and the potential impact of their oral drug solution. The company is advancing its TRPV1 inhibitor, XEN-D0501, through clinical trials for obesity and type 2 diabetes, focusing on safety and efficacy. PILA PHARMA also explores applications for erythromelalgia and abdominal aorta aneurysm, seeking partnerships for further development. The company is listed on Nasdaq First North Growth Market, Sweden.
PILA PHARMA AB, a Swedish biotech company, is developing novel oral drugs based on TRPV1 inhibition for treating obesity and diabetes. The company is hosting a live online event on August 27, 2025, where CEO Gustav H. Gram will discuss the company's Half-Year Financial Report and the outcome of a recent rights issue and directed issue. The event will be streamed live and recorded for later viewing, with opportunities for questions via email or chat. PILA PHARMA is developing the TRPV1 antagonist XEN-D0501, which has shown promise in treating obesity, type 2 diabetes, erythromelalgia, and abdominal aorta aneurysm. The company is preparing for further clinical trials to evaluate the safety and efficacy of XEN-D0501. Obesity and diabetes are significant global health issues, with obesity often leading to type 2 diabetes and associated health complications. Erythromelalgia is a rare disease causing pain and redness, while abdominal aorta aneurysm is a cardiovascular condition with no current preventive treatment. PILA PHARMA is collaborating with Uppsala University on research related to abdominal aorta aneurysm.
PILA PHARMA AB announced the completion of a rights issue of units, which included shares and warrants, as well as additional directed issues to underwriters. This process increased the company's total shares by 14,957,792 and its share capital by SEK 639,537.411461, resulting in a dilution effect of approximately 55.14%. The warrants issued allow holders to subscribe for additional shares at a later date, potentially increasing the total share count further. PILA PHARMA is a Swedish biotech company focused on developing TRPV1 antagonists for treating obesity and type 2 diabetes, with ongoing clinical trials and research collaborations. The company also explores treatments for erythromelalgia and abdominal aorta aneurism. The press release includes legal disclaimers about distribution restrictions and forward-looking statements.
PILA PHARMA AB, a Swedish biotech company, announced that the last day for trading in paid subscribed units related to its rights issue is expected to be on August 5, 2025. The new shares are anticipated to begin trading on Nasdaq First North Growth Market on August 11, 2025. PILA PHARMA focuses on developing TRPV1 antagonists, including XEN-D0501, for treating obesity and type 2 diabetes. The company has completed two phase 2a clinical trials indicating the compound's safety and efficacy. Future plans include further clinical trials and potential treatments for erythromelalgia and abdominal aorta aneurism. The company is involved in a research collaboration with Uppsala University and has received orphan drug designation for XEN-D0501. Legal restrictions apply to the distribution of this press release in certain jurisdictions, and it does not constitute an offer for securities. The announcement includes forward-looking statements subject to risks and uncertainties.
PILA PHARMA AB has completed a rights issue of units, with a directed issue of 487,500 units to underwriters as compensation, priced at SEK 2.00 per unit. This aims to fulfill contractual obligations and improve the company's financial position. The Compensation Issue will increase the number of shares by 487,500 and the share capital by SEK 20,843.617032, resulting in a 1.2% dilution effect. If all warrants are exercised, the number of shares will further increase by 975,000, leading to a 1.4% total dilution effect. The warrants allow subscription for new shares between February 5-15, 2026, at a price between SEK 1.50 and SEK 3.00 per share. PILA PHARMA is a Swedish biotech company focused on developing treatments for obesity, type 2 diabetes, erythromelalgia, and abdominal aorta aneurism, with its candidate XEN-D0501 showing promising results. The press release includes legal restrictions on its distribution and emphasizes the forward-looking nature of the statements.

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Nyhetsuppdatering från PILA PHARMA AB

Press Release: CEO Gustav H. Gram increases holding in Pila Pharma AB

The newly appointed CEO of Pila Pharma AB, Gustav H. Gram, has bought additional shares in the company. The purchases were made in two parts, on May 10th and May 13th, totalling 22,209 shares. Gram now holds 45,441 shares in Pila Pharma AB. The company is focused on developing TRPV1 antagonists, a potential treatment for type 2 diabetes, erythromelalgia, and abdominal aorta aneurism. The company's drug candidate, XEN-D0501, has shown positive results in phase 2a clinical trials and is being prepared for further testing.

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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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