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Nov 13, 2025 4:00 AM

Zealand Pharma Announces Financial Results for the First Nine Months of 2025

Company announcement, No. 23 / 2025

Zealand Pharma Announces Financial Results for the First Nine Months of 2025With petrelintide advancing at full speed and topline data rapidly approaching for both petrelintide and survodutide, upcoming Capital Markets Day will set the stage for a catalyst-rich 2026.

Achieved key milestone in the petrelintide Phase 2 ZUPREME-1 trial in people with overweight and obesity, with the last participant completing the 28-week primary endpoint visit, paving the way for 42-week topline data in H1 2026.

Approaching Phase 3 data in H1 2026 with survodutide, following last participant last visit in the 76-week SYNCHRONIZETM-1 trial in people with overweight and obesity without type 2 diabetes.

Zealand Pharma is excited to outline a catalyst-rich 2026 at its upcoming Capital Markets Day on December 11, highlighting its ambition to become a generational biotech company driving the next wave of innovation in obesity.

Copenhagen, Denmark, November 13, 2025, Zealand Pharma A/S (NASDAQ:ZEAL) (CVR-no. 20045078), a biotechnology company focused on the discovery and development of innovative peptide-based medicines, today announced the interim report for the nine months ended September 30, 2025, and provided a corporate update.

Ready for key near-term data catalysts and driving the next wave of innovationAdam Steensberg, President and Chief Executive Officer at Zealand Pharma said: "I am highly encouraged by the strong execution across our clinical programs and the momentum behind our partnership with Roche. As we enter a catalyst-rich period for the company, I look forward to our Capital Markets Day in December, where we will set the stage for the rapidly approaching Phase 2 and 3 data readouts for petrelintide and survodutide. We will also share more about our ambitious research strategy that builds on Zealand Pharma's unique expertise in peptide R&D and our strong foundation to lead the next wave of innovation in obesity".

Key financial results for Q3 2025 year-to-date

DKK million

Q3-25 YTD

Q3-24YTD

Revenue

9,146

54

Net operating expenses1

-1,4792

-919

Operating result

7,6662

-873

Net financial items

-62

81

DKK million

Sep-30,2025

Dec-31,2024

Cash position3

16,169