Published: 12/18/2020 5:18:02 PM

MarketWire about Scandion Oncology: Letter from the CEO: Great progress in 2020 - we are ready for 2021!

As you are aware, this week, Scandion Oncology announced the results of the Rights Issue and the raising proceeds of approximately SEK 236 million. On that note, I would like to extend a very warm welcome to all new shareholders, we thank both you and existing shareholders for the commitment to our company.Hereby, the direction is set for the future we aspire for, to transform from a clinical stage biotech to a company with validating data from clinical trials and with a strategic long-term plan of how to become a significant first mover in cancer drug resistance. Thus, Scandion Oncology is placed at the best possible position when entering discussions of lucrative partner- and license agreements.I look forward to sharing the next elements of our strategy in connection with the next reports from the company as well as keeping you updated on our progress as we achieve our milestones. We will report our year-end and Q4 figures on 18 Feb 2021.Other events and newly published articles to look out for: · Read about Scandion Oncology and our work in relation to Breast Cancer in BioStock (https://www.biostock.se/2020/12/scandion-oncology-tar-sig-an-antiostrogen-resistens/), 18 Dec 2021 · Scandion Oncology is featured in relation to our presentation at the 2020 San Antonio Breast Cancer Symposium in Onkologisk Tidsskrift (https://onkologisktidsskrift.dk/behandlinger/1786-dansk-laegemiddel-ser-ud-til-at-bekaempe-resistens-pa-tvaers-af-kraeftsygdomme.html), 18 Dec 2021 · Scandion Oncology is featured at Biotech Showcase 2021 (US) (https://informaconnect.com/biotech-showcase/), 11-15 Jan 2021 (JPM 2021) · Scandion Oncology has been invited to present at Swiss Nordic Bio (https://www.swissnordicbio.com/) on 10 - 11 Feb 2021I personally, and with me the whole team at Scandion Oncology, invest our efforts and experience every day because we see a need to make a difference in this very important area of medicine.On behalf of the team at Scandion Oncology, I wish you the best for the season and the new year!Stay tuned for more,Bo Rode Hansen, PhD MBAPresident & CEOScandion Oncology A/S Fruebjergvej 3DK-2100 CopenhagenT: +45 38 10 20 17E: info@scandiononcology.comScandion Oncology A/S

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