Cantargia AB (FRA:7V3)
€ 0.305 -0.002 (-0.65%) Market Cap: 50.72 Mil Enterprise Value: 41.52 Mil PE Ratio: 0 PB Ratio: 7.71 GF Score: 40/100

Cantargia AB Briefing on Update Recently Announced Rights Issue Transcript

Jul 07, 2022 / 12:00PM GMT
Release Date Price: €0.530764 (+0.23%)
Tara Sobierajski
LifeSci Advisors, LLC - Event Coordinator

Good morning and welcome to the Cantargia Shareholder Briefing on Rights Issue. (Operator Instructions) As a reminder, this call is being recorded and a replay will be made available on the Cantargia website following the conclusion of the event.

I'd now like to turn the call over to Dr. Göran Forsberg, Chief Executive Officer of Cantargia. Please go ahead, Göran.

GÃ;ran Forsberg
Cantargia AB - CEO

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[Thank you so much.] It's a pleasure to have you all attending this briefing ahead of our proposed drug rights issue, and I will take you a little bit through this rights issue, why we're doing it, and let's say, where we come from. I really think we come from a position of strength here and moving forward.

So the background is very much that we presented new very exciting results using our lead asset, nadunolimab, at the international ASCO conference earlier on in June.

And we obviously realized that this presentation gave very increased international

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