Xbrane Biopharma AB (STU:7XB0)
€ 0.75 -0.022 (-2.85%) Market Cap: 17.13 Mil Enterprise Value: 18.42 Mil PE Ratio: 0 PB Ratio: 0.35 GF Score: 51/100

Q4 2025 Xbrane Biopharma AB Earnings Call Transcript

Feb 20, 2026 / 08:00 AM GMT
Release Date Price: €2.18

Key Points

Positve
  • Xbrane Biopharma AB (FRA:7XB0) has launched its biosimilar product across 24 countries, including 20 in Europe, tapping into a significant market opportunity estimated at €5 billion.
  • The company reported a 60% year-on-year volume growth for 2025 and a 20% growth in Q4 2025 compared to Q4 2024, indicating strong market demand.
  • Xbrane Biopharma AB (FRA:7XB0) has generated 160 million Swedish crowns in profit contribution from its biosimilar product, with over 100 million paid in cash by its partner.
  • The company is actively working on resubmitting its BLA to the US FDA, with a planned submission next month and an expected decision date in September 2026.
  • Xbrane Biopharma AB (FRA:7XB0) is progressing well with its XD vein biosimilar candidate, targeting a submission to the US FDA by Q4 2027, which could allow a launch shortly after patent expiration.
Negative
  • Increased competition in the European market due to the entrance of biosimilars is putting pressure on pricing and market share.
  • The company faced production issues with one batch, leading to a lower-than-expected gross margin of 18% for the quarter.
  • There is an out-of-stock situation in Sweden due to not winning tenders with hospitals, affecting product availability.
  • The company received a complete response letter from the FDA in October last year, indicating unresolved observations at a production site.
  • Cost reduction measures are crucial for long-term competitiveness, but these initiatives will only start to bear fruit from 2027 onwards.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

XBRANE.ST - Xbrane Biopharma AB
Q4 2025 Xbrane Biopharma AB Earnings Call
Feb 20, 2026 / 08:00AM GMT

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Presentation
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Unidentified_1 [1]
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Thank you and welcome all of you who are listening in to our webcast in relation to, the fourth quarter report of 2025 for XBrain BioPharma. As usually, I will, go through a brief, operational update and Jane will thereafter go through the financials for the quarter and then we will have, a Q&A session where. You can either ask questions via audio or via the chat.

So we're going to start off with talking a little bit about umimlucid, our biosimilar to, the eye drug Lucentis, which we have co-developed together with Stada, and Sara is commercializing across, Europe and select countries in the Middle East.

It's a quite straightforward setup where we are splitting the profit contribution cost production cost and
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