2cureX AB ("2cureX" or the "Company") hereby publishes its interim report for the second half of 2025 (July 1 - December 31, 2025).
The second half of 2025 has been characterised by continued execution following the restructuring of the Group and the clarification of 2cureX AB's commercial role within precision oncology.
H2 2025 Highlights
- Continued operational execution of the restructured Group model
- Further development of the direct-to-patient access framework
- Ongoing alignment with hospital-based deployment of IndiTreat®
- Strategic Letter of Intent (LOI) entered into with PreComb Therapeutics AG
- First direct-to-patient IndiTreat® test conducted under the "Operation Twin Code" strategy
- Strengthened governance and certified adviser transition
- Continued focus on cost control and capital discipline
Strategic Developments
During H2 2025, 2cureX AB continued to refine its position as a commercial and patient-access focused company. The Company does not conduct product development or regulatory approval activities internally. Instead, it operates alongside strategic partners to support clinically appropriate access to IndiTreat®.
The direct-to-patient model has been further defined during the period. The model is designed to support newly diagnosed colorectal cancer patients in understanding and accessing IndiTreat® through collaboration with treating physicians and hospitals. It does not operate outside the healthcare system and remains aligned with clinical practice.
2cureX AB also entered into a non-binding Letter of Intent (LOI) with PreComb Therapeutics AG. The LOI outlines a framework for potential collaboration within precision oncology, including treatment guidance, data-driven insights, and potential pharmaceutical engagement. The LOI is subject to the negotiation and execution of definitive agreements.
In parallel, the Company continues to operate under its strategic agreement with 2cureX A/S (Denmark), which is responsible for development, regulatory approval including IVDR compliance, and hospital installation of IndiTreat®. Installations are expected to begin in 2026.
Financial Summary (H2 2025)
- Net sales: 0 KSEK
- Other operating income: 3 KSEK
- Operating result: -644 KSEK
- Result before tax: -659 KSEK
- Cash and bank balance at period end: 2,096 KSEK
- Earnings per share: -0.03 SEK
The Company continues to operate with limited revenues and a strong focus on cost control. Expenditures during the period primarily relate to governance, commercial planning, and partner coordination.
Dividend Distribution
Dividend distribution remains an important commitment of the Company.
As previously communicated:
- The sale of 2cureX A/S generated proceeds of approximately MSEK 5.6
- In early 2025, MSEK 2.1 was distributed to shareholders
- The remaining amount is intended to be distributed following the financial review of the Annual Report for 2025
The Board remains committed to fulfilling this distribution in a structured and transparent manner.
Outlook
Looking ahead, 2cureX AB will continue to:
- Refine and execute its commercial access model
- Support patient engagement aligned with hospital-based deployment of IndiTreat®
- Maintain strict capital discipline
- Work closely with strategic partners to ensure coordinated execution
While the Company remains in an early commercial phase, the progress made during H2 2025 represents tangible steps toward establishing a sustainable commercial role within precision oncology.
The full interim report for H2 2025 is available on the Company's website.
Certified Adviser: Mangold Fondkommission AB
For more information about 2cureX:
Nathaniel Hutley, Interim CEO
E-mail: NH@2curex.com
Telephone: +44 (776) 514 1346
About 2cureX
2cureX is redefining cancer treatment selection through functional precision oncology. Its proprietary IndiTreat® test family creates thousands of 3D tumor replicas-called tumoroids-from a patient's biopsy to identify which chemotherapy or targeted drugs that are most effective for that specific tumor. The result: real data to drive real decisions.
The first three IndiTreat® tests target patients with metastatic colorectal cancer:
• IndiTreat® Start (first-line therapy)
• IndiTreat® Extend & Explore (third-line options)
New IndiTreat® versions are in development for earlier-stage colorectal cancer and other GI cancers.
Despite global cancer IVD spending exceeding $17.5 billion annually, fewer than 1 in 3 treatments are guided by a predictive test. IndiTreat® aims to close that gap-bringing clarity to treatment selection and precision to every patient.
2cureX AB is listed on Nasdaq First North Growth Market under the ticker 2CUREX, with operational delivery in partnership with 2cureX A/S in Denmark. This cross-border structure powers the company's new commercial strategy, Operation Twin Code-now live.
