05/06/2026
Two months after a failed Phase III programme wiped out most of the company's market value, interest is returning – but now in the parts, not the whole. Diamyd Medical announces that it has received a number of external proposals during its ongoing strategic review, including letters of intent and invitations to invest in various projects. At the same time, the company is cutting costs and structuring its work to evaluate the opportunities, with the aim of maximising shareholder value.
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The update should be read against the backdrop of the dramatic share price drop that hit the company during the spring, related to the phase III study DIAGNODE-3 that evaluated retogatein (rhGAD65) in people with newly-onset Stage 3 type 1 diabetes. At the end of March, Diamyd reported that the pred...