Stockholm, October 12, 2017 — Nasdaq (Nasdaq: NDAQ) announced that BioArctic AB (short name: BIOA B), a mid cap company within the health care sector, has started trading of its shares on the main market of Nasdaq Stockholm. BioArctic is the 88th company to list at Nasdaq’s Nordic markets* in 2017.
Founded in 2003, BioArctic is a Swedish biopharma company specialized in developing treatments that address the causes of diseases that affect the Central Nervous System. The company develops biological drugs with the potential to improve the quality of life for patients with neurodegenerative diseases like Alzheimer’s disease and Parkinson’s disease, and for patients with complete spinal cord injury. BioArctic’s laboratories and headquarters are located in Stockholm, Sweden, where approximately 45 employees and consultants are working. For more information, please visit www.bioarctic.com.
“We are very proud and pleased by the significant interest shown in BioArctic in Sweden as well as abroad during the listing process,” said Gunilla Osswald, CEO at BioArctic. “The listing will enable us to continue the development of innovative pharmaceuticals with the aim to improve the quality of life for the patients. It is with great pleasure that we welcome new and old shareholders to take part in the journey to develop BioArctic in a public environment.”
“We welcome BioArctic to the Nasdaq Stockholm main market, where it joins our growing health care sector,” said Adam Kostyál, SVP and Head of European listings at Nasdaq. “BioArctic operates in an exciting field and we look forward to stand by them on their journey as a public company.”
*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
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