tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Medivir AB Strengthens IP and Advances Cancer Drug Development

Story Highlights
  • Medivir AB plans a new share issue to fund a pivotal study for fostrox in liver cancer.
  • Medivir signed a license agreement with Biossil for remetinostat, promising milestone payments.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Medivir AB Strengthens IP and Advances Cancer Drug Development

Meet Your ETF AI Analyst

Medivir AB ( (SE:MVIR) ) has issued an update.

Medivir AB reported its interim financial results for January to September 2025, showing a decrease in losses and cash flow from operations. The company received a patent approval in Japan for its fostrox and lenvatinib combination, enhancing its intellectual property protection. Medivir plans a new share issue to fund a pivotal study of fostrox in combination with Lenvima for second-line liver cancer treatment. Additionally, Medivir signed an exclusive license agreement with Biossil, Inc. for the development of remetinostat, potentially yielding significant milestone payments and royalties.

The most recent analyst rating on (SE:MVIR) stock is a Buy with a SEK54.00 price target. To see the full list of analyst forecasts on Medivir AB stock, see the SE:MVIR Stock Forecast page.

More about Medivir AB

Medivir AB is a pharmaceutical company focused on developing innovative cancer drugs, particularly targeting areas with high unmet medical needs. The company is dedicated to advancing fostroxacitabine bralpamide (fostrox), aimed at treating liver cancer with minimal side effects. Medivir’s business model emphasizes collaborations and partnerships, and its shares are listed on Nasdaq Stockholm’s Small Cap list.

Average Trading Volume: 525,437

Technical Sentiment Signal: Sell

Current Market Cap: SEK57.65M

For detailed information about MVIR stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1