Oncoinvent presents first half 2026 results

Presentation:

Oncoinvent’s management will give an online presentation to investors, analysts and the press at 10:00am CEST today. It will be possible to submit questions during the presentation.

A recording of the webcast will be made available on www.oncoinvent.com after the live sending.

Highlights:

  • Achieved 50% recruitment milestone in Phase 2 ovarian cancer study of Radspherin®
  • Added four new clinical sites to Oncoinvent’s Phase 2 trial
  • Presented positive 24-month follow-up data from Phase 1 ovarian cancer trial of Radspherin® at 27th Congress of the European Society of Gynaecological Oncology (ESGO) 2026
  • Appointed Dr Ramzi Amri as Chief Financial Officer (CFO)
  • Secured new patent expanding protection for Radspherin®

Post-period highlights:

  • Announced publication of normal tissue dosimetry results in Journal of Nuclear Medicine
  • Announced abstracts accepted at two major scientific conferences:
    • European Society for Medical Oncology (ESMO) Congress 2026 in Madrid, Spain (23-27 October)
    • European Association of Nuclear Medicine (EANM) Annual Congress 2026 in Vienna, Austria (17-21 October)

Oystein Soug, CEO, commented: “We entered the year with a clear focus on accelerating patient recruitment, and I am pleased to say that these efforts are delivering tangible results. Recruitment momentum accelerated significantly during the first half of the year, reinforcing our confidence in the potential of Radspherin® to address a significant unmet medical need in ovarian cancer.”

Key financial figures

AMOUNTS IN 1 000 NOK 1H 2026 1H 2025 FY2025
Total operating revenue  8 203  11 960 28 069
Total operating expenses (77 195) (63 978) (186 399)
Operating profit (-loss) (68 992) (52 018) (158 330)
Cash 108 839  77 412  179 670
Earnings per share (EPS) (15.20) (54.01) (125.13)
# Shares      4 478 412      962 544  1 239 249
Employees (FTEs) 42 36 44

The interim financial information has not been subject to audit

Reporting material:

The reporting material are also available in the Investor Relations section of the Company's website at www.oncoinvent.com.

Oncoinvent reports its financial results on a half-yearly basis, complemented by quarterly business updates to keep stakeholders informed and ensure ongoing transparency.