Ultimovacs ASA Reports Fourth Quarter 2024 Financial Results and Provides General Business Update

Oslo, January 31, 2025:  Ultimovacs ASA ("Ultimovacs") (OSE ULTI), a clinical-stage biotechnology company developing novel immunotherapies against cancer, announces its fourth quarter 2024 results today.Conference call and webcast scheduled for January 31, 2025, at 09:00 (CET). Link to webcast here .Fourth Quarter 2024 Business UpdateHighlightsOn December 17, 2024, Ultimovacs announced an agreement to combine its business with Zelluna Immunotherapy AS and the...

Oslo, 31/01/2025 (informazione.news - comunicati stampa - salute e benessere)

Oslo, January 31, 2025:  Ultimovacs ASA ("Ultimovacs") (OSE ULTI), a clinical-stage biotechnology company developing novel immunotherapies against cancer, announces its fourth quarter 2024 results today.

Conference call and webcast scheduled for January 31, 2025, at 09:00 (CET). Link to webcast here .

Fourth Quarter 2024 Business Update

Highlights

Financial update

The quarterly report and presentation will be published at 07:00 CET on January 31, 2025, and will be publicly available on the Ultimovacs website. The Company will conduct a conference call and webcast at 09:00 CET the same day. Questions can be submitted throughout the event. The webcast will be archived for replay following the conference call. Link to webcast here .

For further information, please see www.ultimovacs.com or contact:

Hans Vassgård Eid, CFO and Interim CEO, Ultimovacs ASA

Email: hans.eid@ultimovacs.com

Phone: +47 482 48632

About Ultimovacs
Ultimovacs is a clinical-stage biotechnology company developing novel immunotherapies against cancer. The product candidate UV1 is an off-the-shelf therapeutic cancer vaccine designed to enhance the benefits of immunotherapy and improve cancer treatment efficacy for patients. UV1 triggers an immune response against the shared cancer antigen telomerase, a target present in 85-90% of all cancer indications across disease stages.

Ultimovacs is investigating the safety and efficacy of UV1 in a wide-ranging clinical development program including various cancer indications and different immunotherapy combinations. The ongoing Phase II program comprises five randomized clinical trials in melanoma, mesothelioma, head and neck cancer, ovarian cancer, and non-small cell lung cancer. More than 640 patients in the U.S., Europe, and Australia are being enrolled in all Phase I and Phase II trials in the current program.

Furthermore, Ultimovacs is developing a novel conjugation technology, initially formed to support the expansion of our vaccine pipeline. With the objective of driving value and future pipeline growth, this flexible conjugation technology has the potential to be broadly applicable to a variety of therapeutic modalities, such as innovative drug conjugates with favorable pharmacological properties, and in multiple disease areas.

Ultimovacs and the shareholders of Zelluna Immunotherapy AS have entered into a definitive business combination agreement to combine the two companies in a share exchange transaction.

Ultimovacs is listed on the Euronext Oslo Stock Exchange (OSE:ULTI).

This information is subject of the disclosure requirements pursuant to Section 5-12 in the Norwegian Securities Trading Act.

This stock exchange announcement was published by Joachim Midttun, Financial Manager at Ultimovacs ASA, on January 31, 2025 at 07:00 CET. 

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