Summary of Year-End Report January - December 2020, Dicot AB

Translation of Swedish press release

Uppsala, February 25, 2021. A summary of the Interim report January - December 2020, for Dicot AB (publ) is now avalible on the company webbsite www.dicot.se .

Fourth Quarter 2020

  • Net sales amounts to KSEK 0 (556)
  • Earnings for the period amounts to KSEK -4,188 (-3,530).
  • Earnings per share -0.10 (-0.22) SEK

January - December 2020

  • Net sales amounts to KSEK 0 (631)
  • Earnings for the period amounts to KSEK -17,541 (-13,396).
  • Earnings per share -0.61 (-1.35) SEK

Statement from the CEO

The development plan for the year was ambitious and I can now state that we have managed to achieve our most important goals and have been able to follow our development plan without major delays. However, the year 2020 has been marked by the ever-present pandemic and of course it has affected us at Dicot just like everyone else in society.

This year has undoubtedly been different, but the team here in Sweden has swiftly adapted to new ways of working and performed impeccably. The cooperation with our partners in South Africa, France and India has also continued in a very satisfactory manner. However, Dicot's partner Anthem Bioscience closed down its operations for a few months in the spring and this led to some minor delays.  But even including that, I can now state that we have succeeded in achieving our most important goals for 2020.

Drug development is an extensive and time-consuming process that requires capital in several rounds and issues are our most important form of capitalization. During the spring, we therefore carried out a rights issue and it was pleasing to see how it was subscribed for 326 percent.

The goal for our drug candidate is to become a globally registered drug for better treatment of erectile dysfunction and premature ejaculation, and the vision is to be the first choice for 500 million men around the world. But every goal must be broken down into phases in order to be achieved.

We are now in a very exciting phase where we are increasing the industrialization of the business. At the end of December, we launched our toxicology program, which is the basis for our forthcoming application for clinical trials in humans, and in February we decided to broaden the testing of LIB-01 into the field of premature ejaculation.

I would also like to take the opportunity to introduce our new chairman Eva Sjökvist Saers, who with her long and broad experience in board work is now taking over the chairmanship. (read more about Eva on our newly launched website). Finally, I would like to thank all shareholders for your continued support and, of course, sincerely welcome new shareholders.

For further information, please contact:
Göran Beijer, CEO
Tel: +46 (0) 706 63 60 09
E-mail: goran.beijer@dicot.se

Jessica Roxhed, CFO

Tel: +46 70-394 94 98

Email: jessica.roxhed@dicot.se

About Dicot AB                                                                

Dicot is developing the drug candidate LIB-01 (formerly Libiguin), which will be a potency agent to better treat erectile dysfunction and premature ejaculation. The ambition is to create a drug with significantly longer effect and far fewer side effects, compared to those on the market. Today, at least 500 million men suffer from these sexual dysfunctions and the market is valued at SEK 50 billion.

Research and development is conducted under own auspices up to phase 2 studies. Thereafter, Dicot's intention is to form strategic alliances, or alternatively carry out a trade sale, with larger, established pharmaceutical companies to be able to introduce LIB-01 on the world market.

Dicot is listed on Spotlight Stock Market and has approximately 1,600 shareholders. For more information, please visit: www.dicot.se.


Dicot tecknar utvecklingsavtal med ledande leverantörer inom formulering

Pressmeddelande: Uppsala, 8 juni 2021. Dicot förbereder sig för de inledande kliniska studierna på människa. Sättet som företagets läkemedelskandidat tillförs försökspersonerna, dvs dess formulering, är av största betydelse för de här studierna. Därför har avtal tecknats med två ledande bolag inom formuleringsutveckling.


Dicot signs development agreements with leading suppliers in formulation

Press release: Uppsala, June 8, 2021. Dicot is preparing for the initial human clinical trials. The way in which the company's drug candidate is administered to the subjects, so-called formulation, is of the greatest importance for the studies. Therefore, agreements have been signed with two leading companies in formulation development.



Dicot rekryterar Chief Operating Officer

Pressmeddelande: Uppsala, 2 juni 2021. Dicot meddelar idag att företaget anställt Elin Trampe som Chief Operating Officer tillika vice VD. Hon tillträder sin tjänst 1 september och kommer ingå i Dicots ledningsgrupp.


Erfaren läkemedelsutvecklare till Dicots styrelse

Pressmeddelande: Uppsala, 27 maj 2021. På Dicots årsstämma 25 maj valdes Per-Göran Gillberg, med 35 års erfarenhet från farmakologi, in som ordinarie styrelsemedlem.



Dicot AB delårsrapport januari - mars 2021

Pressmeddelande: Uppsala, 17 maj 2021. Dicot ABs (publ) delårsrapport för januari - mars 2021 finns nu tillgänglig på bolagets hemsida www.dicot.se.


Summary of Interim Report January - March 2021, Dicot AB

Press release: Uppsala, May 17, 2021. A summary of the Interim report January - March 2021, for Dicot AB (publ) is now avalible on the company webbsite www.dicot.se 


Dicot AB årsredovisning för 2020

Pressmeddelande: Uppsala, 4 maj 2021. Dicot AB (publ) meddelar idag att bolagets årsredovisning för 2020 nu finns tillgänglig på bolagets hemsida, www.dicot.se


Kallelse till årsstämma i Dicot AB (publ)

Aktieägarna i Dicot AB (publ), org.nr 559006-3490 ("Bolaget"), kallas härmed till årsstämma tisdagen den 25 maj 2021. Mot bakgrund av risken för spridning av Covid-19 och myndigheternas föreskrifter/råd om undvikande av sammankomster har styrelsen beslutat att bolagsstämman ska genomföras utan fysisk närvaro genom att aktieägare utövar sin rösträtt endast genom poströstning. Någon fysisk sammankomst kommer således inte att hållas.


Dicot tillförs 17,4 MSEK genom utnyttjande av teckningsoptioner av serie TO2

Pressmeddelande: Uppsala, 6 april 2021. Dicot AB (publ) ("Dicot" eller "Bolaget") meddelar utfallet från utnyttjandet av teckningsoptioner av serie TO2. Innehavare av teckningsoptioner av serie TO2 utnyttjade 21 163 347 teckningsoptioner, motsvarande cirka 97,02 procent av antalet utestående teckningsoptioner av serie TO2, för teckning av 21 163 347 aktier till teckningskursen 0,82 SEK per aktie. Genom utnyttjandet av teckningsoptionerna tillförs Dicot cirka 17,4 MSEK före emissionskostnader.


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