- CEO
- Ellen K. Donnelly
- Full Time Employees
- 6
- Sector
- Healthcare
- Industry
- Biotechnology
- Address
- Medicon Village Lund Sweden 223 81
- IPO Date
- Mar 20, 2014
- Business
- Abliva AB (publ) discovers and develops medicines for the treatment of primary mitochondrial diseases, rare orphan disorders impairing cellular energy production via dysfunctional mitochondria; its lead candidate KL1333, a potent regulator of NAD+ and NADH coenzymes, advances in Phase 2 clinical trials for chronic fatigue and myopathy in genetically confirmed adult patients, while NV354 completes preclinical development targeting mitochondrial disease with neurologic complications; additional programs include NeuroSTAT under license with Owl Therapeutics for traumatic brain injury. Founded in 2000 and headquartered in Lund, Sweden, the company previously operated as NeuroVive Pharmaceutical AB (publ), changing its name to Abliva AB (publ) in May 2020 to reflect its sharpened focus on mitochondrial therapeutics, and maintains operations primarily in Europe with collaborations spanning Asia and North America, including partnerships with Yungjin Pharm for KL1333 clinical development, as well as Isomerase, Children's Hospital of Philadelphia, Newcastle University, University College London, and Oroboros Instruments. In a pivotal strategic shift, Pharming Technologies B.V., a subsidiary of Pharming Group N.V., completed a recommended cash offer in February 2025, acquiring 87.7% of shares at SEK 0.45 per share and all outstanding warrants, followed by plans for compulsory acquisition of remaining shares, delisting from Nasdaq Stockholm, and integration as a fully-owned subsidiary to bolster Pharming's rare disease pipeline with KL1333's U.S. launch potential by 2028 after positive interim Phase 3 analysis in July 2024.