- CEO
- Oystein Soug
- Full Time Employees
- 13
- Sector
- Healthcare
- Industry
- Biotechnology
- Address
- Jonas Lies vei 91 Bergen Norway 5009
- IPO Date
- Jul 23, 2018
- Business
- BerGenBio ASA, a clinical-stage biopharmaceutical company focused on developing selective AXL inhibitors for aggressive diseases including advanced treatment-resistant cancers and severe respiratory infections, completed a statutory merger with Oncoinvent ASA on October 29, 2025, under which BerGenBio serves as the acquiring entity; the combined company was renamed Oncoinvent ASA and now advances Oncoinvent's late-stage oncology pipeline featuring radiopharmaceutical therapies alongside BerGenBio's prior assets. Prior to the merger, BerGenBio's core products encompassed bemcentinib (formerly BGB324), a first-in-class highly selective oral small molecule AXL kinase inhibitor in Phase II trials for non-small cell lung cancer, acute myeloid leukemia, and other solid tumors; BGB149, a wholly owned humanized anti-AXL monoclonal antibody in Phase I testing; and preclinical assets including an outlicensed AXL antibody for antibody-drug conjugate development with ADC Therapeutics SA; the company halted all bemcentinib development activities in early 2025 following closure of its lead BGBC016 trial in STK11-mutated NSCLC. The merger, approved by BerGenBio's Extraordinary General Meeting on August 4, 2025, integrates BerGenBio's capital resources and Oslo Stock Exchange listing (ticker shifted to ONCIN) with Oncoinvent's Radspherin, an alpha-emitting radiopharmaceutical microparticle therapy targeting peritoneal carcinomatosis in ovarian cancer and other abdominal malignancies via intraperitoneal administration; post-merger, a fully underwritten NOK 130 million rights issue commenced in November 2025 to fund clinical advancement, including Oncoinvent's ongoing randomized Phase 2 trial of Radspherin, with board and management transitioning to Oncoinvent's leadership plus BerGenBio's former CEO Olav Hellebø. Founded in 2007 and headquartered at Nygårdsgaten 114 in Bergen, Norway, BerGenBio (now Oncoinvent ASA) operates in the biotechnology sector serving global oncology and infectious disease markets through strategic partnerships, investigator-sponsored trials, and companion diagnostics for AXL-positive patient selection; the entity employs approximately 13 staff and maintains a lean structure post cost-containment measures implemented in 2025.