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Pila Pharma AB

5KC:FRA

Pila Pharma AB

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  • Price (EUR)0.26
  • Today's Change0.01 / 4.00%
  • Shares traded-1.00
  • 1 Year change+22.07%
  • Beta--
Data delayed at least 15 minutes, as of Jun 03 2024 14:29 BST.
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About the company

Pila Pharma AB is a Sweden-based clinical stage pharmaceutical company, active in the biotechnology sector. The Company conducts clinical tests in phase 2 with drugs against type 2 diabetes. The target product is a tablet that is taken orally in an early stage of diabetes to restore the body's insulin production and thereby reduce the patient's blood sugar level. PILA PHARMA's patent-protected product candidate is called XEN-D0501 and is a TRPV1 antagonist, a novel type of oral anti-diabetic agent for treatment of type 2 diabetes. Pila Pharma AB has completed two phase 2a clinical trials (PP-CT01 and PP-CT02), that both demonstrated that XEN-D0501 is well tolerated by people with type 2 diabetes. In addition, the product is expected to have fewer unwanted side effects than alternative forms of treatment.

  • Revenue in SEK (TTM)1.46m
  • Net income in SEK-9.93m
  • Incorporated2014
  • Employees1.00
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