Analyst Group: Equity Research Report on Circio - Cross-Tissue Validation Sets the Stage for a Pivotal 2026
Circio Holding (”Circio” or ”the Company”) has undergone a fundamental transformation during H1-26. New in vivo data demonstrate up to ~50x enhanced circVec-AAV gene expression in eye and reproduced ~40x enhancement in heart versus conventional mRNA-based AAV, establishing robust cross-tissue validation with low off-target liver signal. The data has attracted strong external engagement, including a fully funded big pharma feasibility study in CNS, an oral presentation at ASGCT 2026, delivery partnerships with Acuitas Therapeutics and United Immunity in in vivo cell therapy, and a NOK 250m private placement extending the financial runway into 2030. Circio is positioned to advance circVec toward clinical candidate selection and licensing discussions from a position that few preclinical-stage companies can match. Based on a platform-focused rNPV framework, we derive a present value of NOK 5.9 (2.0) per share in a Base scenario.
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This is a press release from Analyst Group regarding the publication of an equity research report on Circio Holding. Readers may assume that Analyst Group has received compensation for making the equity research report. The Company has not been given an opportunity to influence the parts where Analyst Group has had opinions about the Company, future valuation, or anything else that could be considered a subjective assessment.