BioInvent International AB: Interim report January - June 2026

Summary by AI BETAClose X

BioInvent reported promising clinical data for its lead programs in the second quarter of 2026, with BI-1808 showing a 24% confirmed objective response rate in advanced ovarian cancer when combined with KEYTRUDA, significantly outperforming historical KEYTRUDA monotherapy, and also demonstrating activity in CTCL. BI-1206 achieved an 83% response rate in refractory NHL when used in a triplet combination. However, financial results for the quarter showed a significant decrease in net sales to SEK 12.8 million from SEK 198.1 million in the prior year, and a loss after tax of SEK -122.9 million compared to a profit of SEK 38.8 million. For the first half of 2026, net sales were SEK 26.2 million, down from SEK 220.2 million, with a loss after tax of SEK -242.1 million. Liquid funds and current investments stood at SEK 340.8 million as of June 30, 2026.

Disclaimer*

“During the second quarter, both of our lead programs generated clinical data that further strengthened their competitive positioning. BI-1808 (anti-TNFR2) reported new results in two distinct indications, recurrent ovarian cancer and cutaneous T-cell lymphoma (CTCL), each a setting where patients have few effective options after standard treatment fails. BI-1206 (anti-FcγRIIB) reported triplet combination data in relapsed/refractory non-Hodgkin’s lymphoma (NHL) that compares favorably with recently approved regimens. We presented these results at ASCO and EHA and discussed them directly with the clinical community through two KOL events.” - Martin Welschof, CEO of BioInvent.

EVENTS IN THE SECOND QUARTER

  • BioInvent revealed solid data for the BI-1808 and KEYTRUDA® (pembrolizumab) combination (ASCO 2026):
    24% confirmed ORR (including complete response) in heavily pretreated patients (n=25) with advanced ovarian cancer who received BI-1808 and KEYTRUDA — multiplying by three the historical KEYTRUDA single agent activity of 8% in KEYNOTE-100 (2019) (R)
  • BI-1808 showcased strong activity and immune activation data as single agent and in combination with KEYTRUDA in advanced CTCL (EHA 2026)
  • BI-1206 triplet combination with rituximab and acalabrutinib achieved 83% response rate in refractory NHL with improved safety vs. standard of care (EHA 2026)
  • Two successful KOL events showcasing the positive ASCO and EHA data for BI-1808 and BI-1206

EVENTS AFTER THE END OF THE PERIOD

  • BI-1808 received FDA Fast Track Designation for the treatment of ovarian cancer
  • BioInvent’s BI-1808 abstract from Modest to Meaningful in platinum-resistant ovarian cancer accepted for poster presentation at ESMO 2026
  • BioInvent published two scientific papers in peer-reviewed journals. One in Cancer Research: “Ligand-Blocking and Agonist Antibodies Targeting TNFR2 Employ Distinct Modes of Action to Induce Antitumor Immunity” and one in JECCR: Tailored FcγR Blockade with BI-1206 and BI-1607 Enhances Cancer Antibody Therapies and Overcomes Resistance in Preclinical Models

(R)= Regulatory event

FINANCIAL INFORMATION
Second quarter 2026

  • Net sales SEK 12.8 (198.1) million.
  • Profit/loss after tax SEK -122.9 (38.8) million.
  • Profit/loss after tax per share before and after dilution SEK -1.87 (0.59)
  • Cash flow from operating activities SEK -112.0 (66.8) million.

January – June 2026

  • Net sales SEK 26.2 (220.2) million.
  • Profit/loss after tax SEK -242.1 (-77.8) million.
  • Profit/loss after tax per share before and after dilution SEK -3.68 (-1.18)
  • Cash flow from operating activities SEK -244.8 (-53.2) million.
  • Liquid funds and current investments as of June 30, 2026: SEK 340.8 (797.5) million.

The complete interim report is available for download below and on the company’s website under Financial reports.

About BioInvent
BioInvent International AB (Nasdaq Stockholm: BINV) is a clinical-stage biotech company that discovers and develops novel and first-in-class immuno-modulatory antibodies for cancer therapy, with drug candidates in ongoing clinical programs in Phase 1/2 trials for the treatment of solid tumors and hematological cancer. The Company's validated, proprietary F.I.R.S.T™ technology platform identifies both targets and the antibodies that bind to them, generating many promising new immune-modulatory candidates to fuel the Company's own clinical development pipeline and providing licensing and partnering opportunities.

The Company generates revenues from research collaborations and license agreements with multiple top-tier pharmaceutical companies, as well as from producing antibodies for third parties in the Company's fully integrated manufacturing unit. More information is available at www.bioinvent.com.

For further information, please contact:
Cecilia Hofvander, VP Investor Relations
Phone: +46 (0)46 286 85 50
Email: cecilia.hofvander@bioinvent.com

BioInvent International AB (publ)
Co. Reg. No.: 556537-7263
Visiting address: Ideongatan 1
Mailing address: 223 70 LUND
Phone: +46 (0)46 286 85 50
www.bioinvent.com

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