28 October 2026

Oncoinvent appoints Dr Zuzana Jiráková Trnková as Chief Medical Officer to lead Phase 3 preparations for Radspherin[®]

Oslo, Norway – 28 October 2026 – Oncoinvent ASA (OSE: ONCIN), a clinical-stage radiopharmaceutical company developing Radspherin®, a receptor-independent alpha-emitting therapy to eradicate cancer cells in the abdominal cavity after surgery with a single, targeted dose, today announced the appointment of Zuzana Jiráková Trnková, MD, PhD, as Chief Medical Officer, effective November 4, 2026. Dr Jiráková Trnková succeeds Kari Myren, who will leave Oncoinvent to pursue a new opportunity outside drug discovery.

Dr Jiráková Trnková is a physician-scientist with more than 20 years of clinical development experience, primarily in oncology, covering first-in-human studies to pivotal Phase 3 trials and regulatory approval. She has expertise in alpha-emitting radiopharmaceuticals and has held senior leadership roles at Bayer, BioNTech and Highlight Therapeutics, most recently as Chief Medical Officer at Highlight, where she was responsible for clinical development, medical and regulatory strategy, and patient safety.

At Bayer, where she spent 13 years, she led global radiology clinical development and medical affairs, overseeing more than 100 people,and headed oncology clinical pharmacology, including radium-223 (Xofigo®) and targeted thorium conjugates. She also led two pivotal Phase 3 trials supporting the approval of Gadovist® for breast cancer detection.

At BioNTech, she served as Vice President of Clinical Research and Development, leading clinical development, operations and regulatory strategy across immuno-oncology, rare diseases, and infectious diseases, while building the company’s clinical development organization and contributing to collaborations with major pharmaceutical partners.

She began her career in academia as a resident physician in internal medicine and hemato-oncology. Dr Jiráková Trnková holds an MD in general medicine and a PhD in immunology and molecular biology from Charles University in Prague.

“I am very pleased to welcome Zuzana to Oncoinvent. Her experience leading global pivotal Phase 3 trials through to approval, together with her work with alpha-emitting radiopharmaceuticals, will be highly valuable as we prepare Radspherin® for Phase 3 development. I would also like to thank Kari for her important contribution to Oncoinvent, including taking Radspherin® into the randomized Phase 2 trial in ovarian cancer, and wish her every success for the future,” said Oystein Soug, Chief Executive Officer of Oncoinvent.

“Radspherin® offers a distinctive approach to treating peritoneal disease,” commented Zuzana Jiráková Trnková, incoming Chief Medical Officer of Oncoinvent. “I look forward to bringing my experience in oncology, late-stage clinical development and radiopharmaceuticals to the team, and to working closely with investigators and regulators as we prepare Radspherin® for Phase 3 development to bring this potential new treatment closer to patients.”

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For further information, please contact:
Oncoinvent

Oystein Soug, Chief Executive Officer
IR@oncoinvent.com

Optimum Strategic Communications
Zoe Bolt, Katherine Bliss, Henry Williams
+44 (0) 203 882 9621

oncoinvent@optimumcomms.com



About Oncoinvent

Oncoinvent is developing Radspherin®, a receptor-independent alpha radiation therapy that leverages the unique anatomy of the abdominal cavity to destroy residual micrometastases using a single, highly localized dose of alpha radiation. The initial clinical focus is treatment of ovarian and colorectal cancer patients after surgical removal of the primary tumor and visible metastases in the peritoneum, the thin membrane lining the abdominal cavity and covering the abdominal organs.

This radiopharmaceutical is designed to prevent or delay recurrence in the peritoneal cavity, keeping patients disease-free for longer than the current standard of care and thereby also impacting overall survival. It is broadly applicable to any cancer that spreads to the peritoneum, e.g. ovarian, colorectal, and gastric cancers. Radspherin® stands out for its simplicity, excellent safety profile, and seamless integration into existing surgical workflows. Oncoinvent’s product is easy to use, avoids systemic delivery and significant toxicity. It is also differentiated in being simple to manufacture, scalable, and supply de-risked.

Data from two trials in ovarian (phase 1) and colorectal (phase 1/2a) cancers are highly promising, showing an excellent safety profile and meaningful signals of efficacy. Interim data from an ongoing, randomized, controlled phase 2 ovarian cancer trial is expected in 2H2026 (safety) and 1H2027 (early efficacy). With cost-effective manufacturing, blockbuster potential, active pharma partnership momentum, plus strong endorsements from leading experts, Oncoinvent is built for scale and commercial success, and is set to become the new standard for post-surgical cancer care. The Company was founded by the originators of Algeta and Xofigo (acquired by Bayer).

About Radspherin®

Radspherin® is an investigational radiopharmaceutical designed for the local treatment of cancer that has spread to body cavities. It consists of billions of calcium carbonate microparticles containing the radioactive material radium-224. The mode of action is the decay of radium-224 emitting alpha-particles, a highly potent form of ionizing radiation. Radspherin® is being investigated in clinical studies to treat peritoneal carcinomatoses from ovarian and colorectal cancer and it is administered intraperitoneally following surgical resection with removal of all macroscopic disease.

Øystein Soug

Chief Executive Officer

soug@oncoinvent.com

Oystein Soug has over 15 years of experience in biotechnology, holding several management positions. Most recently, Mr. Soug was CEO of Arxx Therapeutics, where he led the company to initiate the clinical programme and was responsible for the merger with Dutch pharma company Oxitope Pharma to create Calluna Pharma. Prior to Arxx, he served as CFO and then CEO of Targovax, an Oslo listed biotechnology company, which went public during Mr. Soug’s tenure. Mr. Soug started his career in biotech as CFO of Oslo-listed radiopharmaceutical company Algeta. During this period, the company conducted a successful phase 3 trial, launched its radium-223 based prostate cancer drug Xofigo® and out-licensed the drug. Mr. Soug co-led the sale of the company to Bayer in 2014.

Mr. Soug holds an MSc in Economics and
Financial Markets from Universität St. Gallen in Switzerland in 1997

Anders Månsson

Chief Executive Officer

mansson@oncoinvent.com

Anders Månsson is a business executive with over 25 years of experience from management roles in the pharmaceutical industry, focusing on commercialisation and M&A + licensing. Mr. Månsson has held leading roles in the industry both in his native Sweden and in other European countries, and he has worked extensively with the USA and Asia as focus markets in global roles.

Mr. Månsson holds a B.Sc. degree in Business & Economics from Lund’s University in Sweden as well as an MBA from Business School Lausanne in Switzerland. He has a broad-based industrial experience, featuring both large multinational companies such as Meda, Ferring & LEO Pharma, and including leading roles in start-ups and smaller biotech companies. On top of his executive role in Oncoinvent, Mr. Månsson holds two non-executive director positions serving on the board of EQL Pharma AB as well Immetric AB, the latter being an investment company focusing on life science.