Press release from Companies
Publicerat: 2022-11-18 08:30:00
Cessatech A/S (“Cessatech” or the “Company”) today releases its results for the period 1 July – 30 September 2022. The third quarter report is available as an attached document to this press release and on www.cessatech.com under Investor/Filings & Reports. The Company is progressing well with planned activities, successful outcome of trial 0206 and first patient dosed in pivotal trial 0205 (a randomised double-blind placebo-controlled trial with 220 patients in adult following impacted mandibular third molar extraction). Third quarter financial results 2022 (1 July - 30 September): *Earnings per share (DKK per share): Operating result divided by the average number of shares during the period. The total number of shares as of 30 September 2022 amounted to 6.112.535 shares, the average number of shares during the third quarter was 6.112.535 Highlights during third quarter 2022 “During the third quarter of 2022 we announced the successful outcome of our Phase 2 trial 0206, the pharmacokinetic study with CT001 and very importantly, we initiated our pivotal trial 0205, a randomised double-blind placebo-controlled study with 220 patients with dosing of the first patient. We are now in an exclusive group of selected companies in late stage development, great effort from the team and our partners“, says Jes Trygved, CEO For more information about Cessatech, please contact: About Cessatech
**Solidity: Total equity divided by total capital and liability.
Jes Trygved, CEO
Phone: +45 9387 2309
E-mail: jes.trygved@cessatech.com
www.cessatech.com
Cessatech A/S is a Danish pharmaceutical company committed to developing and commercialising evidence-based and innovative medicines for children for the treatment of paediatric acute pain. Its lead asset (CT001) is an analgesic nasal spray for the treatment of acute and planned painful procedures in children. The advantages include needle-free administration, being easy to administer, a fast-acting therapeutic effect, and being medically approved for children. CT001 is at its pivotal stage of clinical development.