Core Insights - BioPorto A/S has announced the commercial availability of ProNephro AKI (NGAL), an early detection test for Acute Kidney Injury (AKI), in US laboratories through a collaboration with Roche Diagnostics [1][2] - ProNephro AKI (NGAL) is the first AKI biomarker test cleared for pediatric use in the US, aimed at identifying patients at risk of moderate-to-severe AKI within 48-72 hours in the ICU [2][8] - The company plans to expand its market presence through education and awareness programs targeting clinicians and researchers [3] Company Developments - The collaboration with Roche Diagnostics marks a significant step in advancing the adoption of ProNephro AKI across US hospitals [1] - BioPorto's go-to-market strategy is supported by strong research and publications around NGAL, generating high customer interest among clinicians [3] - The company is focused on expanding the ProNephro AKI product line to additional lab chemistry instrumentation and aims to obtain FDA clearance for adult use [6] Industry Context - Acute Kidney Injury is a critical condition that can lead to severe health complications if not detected and treated early, affecting patients in intensive care units [5][8] - The introduction of ProNephro AKI (NGAL) allows for earlier detection of kidney damage compared to traditional serum creatinine tests, enabling timely medical interventions [2][8] - The market for kidney diagnostics is expected to grow as awareness of AKI increases and the demand for early detection tools rises [3][7]

Core Viewpoint - BioPorto A/S reported continued progress in executing its strategic objectives, highlighted by strong sales growth in NGAL products and the initiation of its commercial journey in the US market with the first order of ProNephro AKI [1][3][4]. Financial Performance - Total revenue for the second quarter of 2025 reached DKK 10.6 million, a 15% increase compared to DKK 9.2 million in the same period last year [7]. - For the first half of 2025, total revenue was DKK 18.3 million, reflecting a 2% decrease from DKK 18.7 million in the first half of 2024, primarily due to lower antibody sales [5][9]. - NGAL sales increased by 39% in Q2 2025 compared to Q2 2024, with a 23% rise in the US and a 71% increase in the rest of the world [6][7]. - Adjusted EBITDA loss for Q2 2025 was DKK 18.4 million, compared to DKK 16.2 million in Q2 2024, driven by higher costs associated with clinical studies [7][9]. - The adjusted EBITDA loss for the first half of 2025 was DKK 46.5 million, up from DKK 31.5 million in the same period last year [5][9]. Strategic Developments - A significant milestone was achieved with the receipt of the first purchase order for ProNephro AKI (NGAL) for the US market, marking the start of its commercial launch [6]. - The company is progressing towards FDA submission for ProNephro AKI by the end of 2026, with patient enrollment in clinical studies on track [4][6]. - The board was restructured, with Jens Due Olsen appointed as Chairman and Carsten Buhl as the new CEO effective September 1, 2025, to lead the next growth phase [6]. Guidance - The company has narrowed its full-year revenue guidance for 2025 to DKK 45-50 million, down from the previous range of DKK 45-60 million [8][14]. - Adjusted EBITDA loss guidance for 2025 is now expected to be between DKK 75-80 million, previously estimated at DKK 75-85 million [14].

Core Points - BioPorto A/S has initiated the commercialization of ProNephro AKI (NGAL) for diagnostic use in the US, marking a significant milestone in the company's kidney diagnostics platform [1][3] - The first purchase order for ProNephro AKI (NGAL) has been received from Roche Diagnostics, which will facilitate distribution to US hospitals [2][3] - ProNephro AKI (NGAL) has received FDA 510(k) marketing clearance for use with Roche's cobas® c501 analyzers, which are widely available in medical laboratories and hospitals [2] Company Overview - BioPorto is an in vitro diagnostics company focused on developing actionable biomarkers to improve patient management and outcomes [4] - The company's flagship products utilize the NGAL biomarker to aid in the risk assessment and diagnosis of Acute Kidney Injury (AKI), a condition that can lead to severe health consequences if not identified early [5] - BioPorto operates facilities in Copenhagen, Denmark, and Boston, MA, USA, and is listed on the Nasdaq Copenhagen stock exchange [6]