Guard Therapeutics International AB (publ)
Climate Impact & Sustainability Data (2021, 2024-01 to 2024-03)
Reporting Period: 2021
Environmental Metrics
Social Achievements
- Strengthened the organization by recruiting several key personnel as a strategic step in the expansion of the company in preparation for future development steps.
Governance Achievements
- Established a global advisory expert group consisting of internationally leading researchers and physicians with extensive experience in clinical studies in the field of acute kidney injury.
Climate Goals & Targets
Long-term Goals:
- Successfully develop ROSgard to market registration for the treatment of acute kidney injuries in conjunction with heart surgery (with or without strategic partners), optimize the potential and value of ROSgard by broadening its clinical area of use, for example in kidney transplantation, build a portfolio of further drug candidates within the GTI platform that enables potential license income and increased value creation.
Medium-term Goals:
- Maximize the value of ROSgard and broaden the company's pipeline, mainly through preparatory activities of a clinical program of ROSgard in kidney transplantation and generate data to support the nomination of further drug candidates within the company's preclinical development platform.
Short-term Goals:
- Open all participating clinics in the AKITA study and continue patient recruitment as quickly as possible to achieve result reading, in the first step, an interim analysis when 50% of all patients have been recruited.
Environmental Challenges
- Limited resources
- Development risk (clinical studies are associated with great uncertainty and risks regarding timetables and results)
- Dependence on key personnel and employees
- Financing and capital needs
- Currency risk
- Sales risk
- Risk from the crisis in Ukraine/Russia
- Risk from the Covid-19 pandemic
Mitigation Strategies
- Continuously working to ensure the company's financing
- Good documentation of all activities including routines and working methods to reduce dependence on key personnel
- Completed a directed issue and a rights issue that together provided the company with approximately SEK 182 million before issue costs to cover costs and ensure long-term financing.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2024-01 to 2024-03
Environmental Metrics
Social Achievements
- Added two new board members: Khatereh Ahmadi and Hege Hellström.