Successful Transition to Commercial Stage
Immunovia transitioned from a development stage to a commercial stage company with the launch of the PancreaSure test for early detection of pancreatic cancer.
Positive Initial Market Response
Within the first month of launch, 10 leading pancreatic cancer centers implemented PancreaSure, demonstrating significant advocacy among key opinion leaders.
Medicare Reimbursement Rate Set
Medicare set the clinical lab fee schedule rate for PancreaSure at $897, reflecting the test's clinical and economic value.
AFFIRM Study Results
The AFFIRM study showed 88% sensitivity for Stage III and IV pancreatic cancers, 10 percentage points higher than earlier stages, and 98% specificity in healthy controls.
Cash Flow and Financial Position
Immunovia reported a cash burn reduction to SEK 5.4 million per month, below the guidance of SEK 8-10 million, and successfully raised just over SEK 100 million.