Climate Change Data

Klaria Pharma Holding AB (publ)

Climate Impact & Sustainability Data (2017)

Reporting Period: 2017

Environmental Metrics

Social Achievements

  • Klaria became a member of the Medical Technology Enterprise Consortium (MTEC), a US consortium.

Climate Goals & Targets

Environmental Challenges

  • High risk level in the pharmaceutical development business, no guarantee of successful product development, obtaining necessary permits, or market acceptance of launched drugs.
  • Potential side effects of products could delay or halt product development and limit or prevent commercial use.
  • Intense competition in the industry.
  • Regulatory risks and uncertainties regarding approvals and market access.
  • Dependence on collaborations with distributors and other distribution channels.
  • Risk of patent infringement.
  • Product liability risks.
  • Dependence on key personnel.
  • Risk of insufficient patent protection.
  • Currency risk due to future sales primarily in foreign currencies.
  • Growth and recruitment needs.
  • Liquidity risk in the stock.
  • Legal risks related to operating in multiple countries.
Mitigation Strategies
  • Maintaining product liability insurance.
  • Securing a licensing agreement with Purdue Pharma (Canada) for KL-00514 (naloxone) for opioid overdose treatment, including financial support and access to the global market.
  • Establishing collaborations in drug development and regulatory expertise.
  • Analyzing the effects of IFRS 15 and IFRS 9 on the company's financial statements.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFRS

Third-party Assurance: Crowe Horwath Osborne AB