Ascelia Pharma wins the award for Best Life Science company in Malmö

2020-02-11

Ascelia Pharma AB (publ) (ticker: ACE) was yesterday evening awarded the price for best Life Science company in Malmö at the city’s prestigious annual corporate awards (Malmö Näringslivsgala). The price award follows Ascelia Pharma’s work on developing novel drug candidates that fill a distinct unmet medical need.

“We are very pleased and honored by the award that emphasises our diligent work to develop novel drugs that improve the life expectancy and quality of life for people living with cancer. As communicated earlier, we have opened sites for patient enrolment in our registration-enabling Phase III study for our lead drug candidate Mangoral and expect sales launch in 2022 in the US. To ensure continued successful development, we are expanding our company in Malmö”, said Magnus Corfitzen, CEO of Ascelia Pharma.

 

For more information, please contact:
Magnus Corfitzen, CEO
Email: moc@ascelia.com
Tel. 46 735 179 110

Mikael Widell, IR & Communications Manager
Email: mw@ascelia.com
Tel: +46 703 11 99 60

About Ascelia Pharma
Ascelia Pharma is an oncology-dedicated orphan drug development company located in Malmö, Sweden. The company’s strategy is to develop drugs, which target unmet medical needs, have an established mode of action and a relatively low development risk. Ascelia Pharma has two drug candidates – Mangoral® and Oncoral – currently under development.

Mangoral is a novel contrast agent for MR-scans and is ready for Phase III clinical studies. Mangoral is developed to improve the visualization of focal liver lesions (liver metastases) in patient with impaired kidneys that cannot tolerate current gadolinium contrast agents on the market. Oncoral is an oral chemotherapy tablet ready for Phase II for the treatment of gastric cancer. Ascelia Pharma is listed on Nasdaq Stockholm (ticker: ACE). For more information, please visit http://www.ascelia.com.

2020-10-21

Upgraded estimate of addressable market for Mangoral to $500-600 million annually

Ascelia Pharma AB (publ) (ticker: ACE) today announced that its estimate of the addressable market in the US, EU and Japan for its lead candidate drug Mangoral has been increased to $500-600 million (previously $350-500 million). Preparations for launch are progressing well, with a strong case for own commercialization in the US. Investors, analysts and media are invited to today’s virtual Capital Markets Day where Mangoral’s market opportuni ...
2020-09-30

Invitation to Ascelia Pharma’s virtual Capital Markets Day

Ascelia Pharma AB (publ) (ticker: ACE) hereby invites analysts, investors and media to its virtual Capital Markets Day on Wednesday October 21, 2020. Focus of the day will be on Mangoral market opportunity and preparations for commercialization.
2020-09-18

First commercial scale manufacturing of Mangoral

Ascelia Pharma AB (publ) (ticker: ACE) (“Ascelia”) today announced that the company has reached a key achievement with the first commercial scale manufacturing of its lead compound Mangoral, currently in pivotal Phase 3 development. The commercial scale manufacturing is an important step towards market launch.