- CEO
- Tine Kold Olesen
- Full Time Employees
- 1
- Sector
- Health technology
- Industry
- Biotechnology
- Address
- Fogdevreten 2 Solna Sweden 171 65
- IPO Date
- Jun 24, 2021
- Business
- Biosergen AB (publ) (BIOSGN.ST) is a Sweden-based biotechnology company that develops innovative antifungal drugs targeting invasive fungal infections in immunocompromised patients, including those with AIDS, cancer, and transplant recipients; its lead product candidate, BSG005, is a genetically improved polyene macrolide demonstrating superior safety and potency compared to existing treatments, with fungicidal activity against a broad spectrum of fungi such as Candida and Aspergillus species. Founded in 2021 and headquartered in Solna, Sweden, the company conducts research and development through laboratory facilities originally in Trondheim, Norway, and global sites, while operating primarily in Europe with commercial rights retained globally except in India. Recent developments include a strategic partnership with Alkem Laboratories Limited for a proof-of-concept study in India, where the first patient dosed with BSG005 recovered from fungal disease; a SEK 26.4 million rights issue in 2024 funding the first-in-patient trial as rescue therapy; exercise of TO3 warrants raising SEK 44.9 million in December 2024; Phase 1 completion confirming safety in 38 healthy volunteers with dose escalation approvals; appointment of Tine Kold Olesen as CEO in February 2024; and addition of Marco Taglietti to the board in 2025, alongside FDA orphan drug designation for BSG005 providing U.S. market exclusivity post-approval and patent protection until 2043.