Hansa Biopharma Reports Fourth Quarter and Full-Year 2025 Financial Results
- Strong Q4 with 76.0 MSEK in revenue, up 135% from Q4 2024.
- Submission of Biologics License Application (BLA) for imlifidase for highly sensitized patients awaiting kidney transplantation.
- Successfully completed a directed share issue raising 671.5 MSEK ( ~ $71.3M).
Financial Performance
Fourth - quarter IDEFIRIX product sales reached 61.1 MSEK, a 139% increase from 25.6 MSEK in Q4 2024. Revenue totalled 76.0 MSEK, representing a 135% increase compared to 32.3 MSEK in Q4 2024.
Full - year 2025 IDEFIRIX product sales amounted to 204.7 MSEK for the full year, a 46% increase from 140.1 MSEK in the previous year. Revenue totalled 222.3 MSEK, representing a 30% increase compared to 171.3 MSEK in 2024. This growth reflects continued adoption across major European markets and underscores both the clinical value of IDEFIRIX, and the momentum Hansa is building in the treatment of highly sensitized patients undergoing kidney transplantation
Pipeline Progress
Imlifidase in Kidney transplantation: In December, Hansa submitted a Biologics License Application (BLA) to the
Imlifidase in Gene therapy: Initial data from the first patient in the GNT-018-IDES trial, presented at the
HNSA-5487: Hansa is advancing the next-generation enzyme, HNSA-5487, in Guillain-Barré syndrome (GBS). The company is planning for FDA interactions in the first half of 2026, to reach agreement on the clinical development program.
Financial Summary
|
Amounts in MSEK, unless otherwise stated |
Q4 2025 |
Q4 2024 |
12M 2025 |
12M 2024 |
|
Revenue |
76.0 |
32.3 |
222.3 |
171.3 |
|
- Including: Product sales |
61.1 |
25.6 |
204.7 |
140.1 |
|
SG&A expenses |
(101.6) |
(89.0) |
(356.6) |
(344.3) |
|
R&D expenses |
(74.4) |
(101.4) |
(304.7) |
(375.7) |
|
Loss from operations |
(124.9) |
(174.2) |
(520.7) |
(637.9) |
|
Loss for the period |
(165.0) |
(276.9) |
(529.3) |
(807.2) |
|
Net cash used in operations |
(177.5) |
(147.8) |
(549.2) |
(674.9) |
|
Cash and short-term investments |
701.1 |
405.3 |
701.1 |
405.3 |
|
EPS before and after dilution (SEK) |
(1.62) |
(4.08) |
(6.52) |
(12.85) |
|
Number of outstanding shares |
101,763,222 |
67,814,241 |
101,763,222 |
67,814,241 |
|
Weighted average number of shares before and after dilution |
101,763,222 |
67,814,241 |
81,200,543 |
62,834,848 |
|
Number of employees at period end |
125 |
135 |
125 |
135 |
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Contacts for more information:
Evan Ballantyne, Chief Financial Officer
IR@hansabiopharma.com
Kerstin Falck, VP Global Corporate Affairs
media@hansabiopharma.com
Notes to editors
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HNSA - Q4 2025 ENG Final |
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