Ultimovacs ASA (STU:7UM)

€ 0.2045 0 (0%) Market Cap: 7.12 Mil Enterprise Value: -3.75 Mil PE Ratio: 0 PB Ratio: 0.44 GF Score: 20/100

Q3 2020 Ultimovacs ASA Earnings Call Transcript

Nov 12, 2020 / 08:00AM GMT

Transcript

Carlos de Sousa

Ultimovacs ASA - CEO

Good morning, everybody. My name is Carlos de Sousa, and I want to welcome you to our third-quarter presentation. I'm here with my colleagues Jens BjÃ¸rheim, our Chief Medical Officer; and Hans Eid, our Chief Financial Officer. So, let me give you the highlights of this third quarter. Jens will then cover updates on our clinical program, Hans will cover the financials, and then all of us will be available to answer your questions. So please, if you have any questions, send it to us and we will try to answer as many as possible.

So, this was a very good quarter for Ultimovacs. The Phase 2 INITIUM trial has now 12 patients enrolled versus the three patients that we had at the end of the second quarter. And the Phase 2 NIPU trial is now six patients enrolled versus the four patients at the end of the second quarter.

The COVID-19 pandemic has had, so far, limited impact regarding site opens and the patient enrolment. But of course, as for all other industry biotechs, big pharma, and society in general, we don't know in the future what is the potential

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