Ascelia Pharma announces organizational changes and reduced cost base
CFO Anton Hansson leaves the company, focus on FDA meeting for Orviglance.
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Biotech company focused on orphan oncology drugs
ascelia.comLast updated
In short: Ascelia Pharma implemented cost-cutting measures and organizational changes after the FDA rejected its Orviglance drug application.
CFO Anton Hansson leaves the company, focus on FDA meeting for Orviglance.
The FDA requests additional clinical data and product documentation. Ascelia will seek a Type A meeting to find an expedited path forward.
The patent application covers innovations for packaging and manufacturing, which improves user-friendliness for patients and healthcare professionals.
The company reports reduced loss and strengthens cash ahead of partnership discussions. Orviglance's NDA is reviewed with decision on July 3, 2026.
Intrum leads with a price drop of over 90 percent during the first half of the year.
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