Lipidor AB

Lipidor (publ) (Nasdaq First North Growth Market: LIPI) today reports that the first patients have been enrolled in a Phase III clinical study using AKP02 cutaneous spray (calcipotriol + betamethasone dipropionate 0.005 %/0.05 %) against mild to moderate psoriasis. Results from the study are expected to be presented in Q2 2022. The observer-blind and placebo-controlled Phase III clinical study with AKP02 comprises a total of 294 patients and is being conducted at 13 clinics in India. The trial is fully funded with existing funds and is conducted by Cadila Pharmaceuticals. Cadila Pharmaceuticals has demonstrated through the successful Phase III study with the predecessor AKP01 that they can effectively recruit patients, administer a clinical trial, and report clinical study results. The aim with AKP02 is to offer a patient-friendly, spray-based treatment for mild to moderate psoriasis. The drug candidate AKP02 combines calcipotriol and betamethasone and is based on Lipidor's patented AKVANO® technology. Positive results from the Phase III study with the drug candidate AKP01, based solely on calcipotriol, show that Lipidor's AKVANO® technology is well suited for drugs intended for the treatment of psoriasis, and preclinical studies carried out by Lipidor on AKP02 also show promising results. The purpose of the Phase III study is to demonstrate good therapeutic efficacy for the treatment of mild to moderate psoriasis on both the body and scalp. Lipidor has chosen to compare the sprayable drug candidate AKP02 with Enstilar which is a commonly prescribed preparation in foam form for topical treatment of this indication, and which contains the same combination of active substances as AKP02. Most psoriasis patients experience involvement on the scalp and therefore treatment on the scalp is also included in the study. This is expected to result in more efficient recruitment for the study. The study will also measure quality of life and patient satisfaction to demonstrate associated benefits of AKP02. The first two of the planned 294 patients are now included into the Phase III clinical study. Lipidor and the company's commercial partner RELIFE, part of the Menarini Group, are collaborating to make available the two topical drug candidates, AKP01 and AKP02, for the treatment of mild to moderate psoriasis. Aurena Laboratories, one of the company's two large industrial owners, will be responsible for the commercial production of the products. "It's gratifying that the study has started and that the clinics are ready to include patients. We are looking forward to presenting high level study results in Q2 2022. In time, we hope that our work will lead to new user-friendly, spray-based treatments that offer patient-relevant benefits in the treatment of psoriasis," says Ola Holmlund, CEO of Lipidor. Considering the outbreak of the coronavirus and Covid-19, Lipidor is closely monitoring developments and taking measures to minimize or eliminate the impact on the company's operations. To date, the Covid-19 pandemic has had limited effect on Lipidor's operations, but the company may need to revise its schedules if national conditions affect the execution of the above study.

STOCKHOLM, April 23, 2021 /PRNewswire/ -- Sweden's innovation authority Vinnova is investing in Lipidor's subsidiary Emollivet. The funding from Vinnova is for SEK 300,000 and will be used for a project in which Emollivet, through interaction with animal owners and others in the animal health market, will gather data for the upcoming launch. Emollivet develops animal care products based on Lipidor's patented AKVANO technology. The company was funded in 2020 to focus on commercializing animal care products. Since Stina Linge was recruited as CEO last autumn, development in Emollivet has accelerated. Through the open call "Innovative startups step 1", Vinnova finances start-ups in Sweden that want to contribute to sustainable growth in a global market, with scalable operations that are based on innovative products or services. In the spring round, 934 applications were submitted to Vinnova and Emollivet is one of the selected companies awarded funds through the open call. Emollivet's CEO Stina Linge: "This shows that Vinnova sees potential in our growing business in the same way as we do ourselves. We're very much looking forward to being able to accelerate this work, and we encourage pet owners with skin problems to contact us for interaction during our test period". The information was submitted for publication, through the office of the contact person, on 23 April 2021, at 8.15am CEST. For more information, please contact Ola Holmlund CEO Phone: +46 72 50 70 369 E-mail: ola.holmlund@lipidor.se Stina Linge CEO Emollivet AB Telephone: +46 (0)70 224 75 44 Email: stina@emollivet.se Certified Adviser Erik Penser Bank AB Telefon: +46 (0)8 463 83 00 E-post: certifiedadviser@penser.se This information was brought to you by Cision The following files are available for download: View original content: SOURCE Lipidor Company Codes: Frankfurt:L7R, ISIN:SE0012558617, Stockholm:LIPI, Munich:L7R, Stuttgart:L7R