Highlights April-June 2026
- Net sales and operating results for Q2 2026 in line with expectations: Net sales of 381 KSEK (90) for the period were comprised primarily of revenue from PancreaSure tests, with some additional royalty revenue. Operating loss was 22.8 MSEK, compared to 20.1 MSEK in the second quarter of 2025. Earnings per share before and after dilution were -0.03 SEK (-0.14).
- Cash burn lower than guidance: Cash flow from operating activities was -20.6 MSEK, increased from -18.1 MSEK in Q2 2025. The burn rate of 7.0 MSEK per month was again below the company's previously communicated guidance of 8 to 10 MSEK per month. Savings resulted from lower spending on clinical studies. Cash and cash equivalents at the end of the period equaled 34.9 MSEK (29.3).
- High test accuracy shown in the Medicare population: Immunovia announced results from a pooled analysis high-risk individuals also have signs or symptoms of pancreatic cancer. In this group, the target population for Medicare coverage, PancreaSure detected 83.3% of Stage I and II cancers and showed specificity of 91.6%. This clinical validation will be a key component of the Company's upcoming submission for Medicare coverage.
- Registry study launched: The company announced the launch of ASSURE, a prospective, observational registry study evaluating the real-world clinical impact of the PancreaSure test. The study will enroll high-risk individuals at 15-20 U.S. high-risk medical surveillance centers and is designed to show how PancreaSure influences clinician decision-making in pancreatic cancer surveillance.
- AFFIRM study results published: Immunovia announced the publication of AFFIRM in the Journal of Clinical Oncology: Oncology Advances. In AFFIRM, the PancreaSure test detected 88% of Stage III and IV pancreatic cancer cases while showing 98% specificity in correctly classifying control samples from healthy individuals as non-cancerous.
"Uptake of PancreaSure by high-risk surveillance centers accelerated in the second quarter of 2026, with six new centers initiating testing. Ten of the top twenty U.S. cancer hospitals have now ordered PancreaSure tests in the ten months since launch. Our focus in the second half of the year will be to further build testing volume at these centers."
Jeff Borcherding, CEO and President, Immunovia AB
Conference call
Immunovia will hold a webcast teleconference at 15:00 CET on August 6 with Jeff Borcherding, CEO and President.
To participate on the call, please dial one of the numbers or watch via the web link below.
Sweden: +46 (0)8 5051 0031
United Kingdom: +44 (0) 203 059 58 63
United States: +1 (1) 631 570 56 13
Link to the https://creo-live.creomediamanager.com/2d458eb8-6baa4d79-880c-e7737e623e18
For further information, please contact
Jeff Borcherding, CEO
jeff.borcherding@immunovia.com
Immunovia in brief
Immunovia AB is a diagnostic company whose mission is to increase survival rates for patients with pancreatic cancer through early detection. Immunovia is focused on the development and commercialization of simple blood-based testing to detect proteins and antibodies that indicate a high-risk individual has developed pancreatic cancer. Immunovia collaborates and engages with healthcare providers, leading experts and patient advocacy groups to make its test available to individuals at increased risk for pancreatic cancer.
USA is the world's largest market for detection of pancreatic cancer. The Company estimates that in the USA, 1.8 million individuals are at high-risk for pancreatic cancer and could benefit from annual surveillance testing.
Immunovia's shares (IMMNOV) are listed on Nasdaq Stockholm.
For more information, please visit www.immunovia.com.
This information is information that Immunovia is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 2026-08-06 08:30 CEST.
