press center press release

Nasdaq Stockholm Welcomes Biovica to First North


Stockholm, March 29, 2017 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Biovica International AB’s shares (short name: BIOVIC B) commenced today on Nasdaq First North in Stockholm. Biovica International (“Biovica”) belongs to the health care sector and is the 16th company to be admitted to trading on Nasdaq’s Nordic markets* in 2017.

Biovica is a Swedish biotech company developing blood-based biomarker assays that improve the monitoring of modern cancer therapies and better predict patient outcome. The company currently focuses on breast cancer, and collaborates with both cancer institutes and pharmaceutical companies to promote the growing drive towards personalized medicine. Biovica was founded in 2009 and is headquartered in Uppsala, Sweden. For more information, please visit

“Nasdaq First North offers us an opportunity to raise the money required in order to initialize commercialization of our product DiviTum® and provide great value for breast cancer patients and health care providers through a faster evaluation of therapy efficacy,” said Anders Rylander, CEO of Biovica. “We’re excited by the response Biovica received from investors, the IPO was oversubscribed four times.”

“We welcome Biovica to Nasdaq First North,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “Biovica is our seventh healthcare listing in Stockholm this year, and we look forward to working with them for many years to come.”

Biovica International AB has appointed FNCA Sweden AB as the Certified Adviser.

*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.

About Nasdaq First North

Nasdaq First North is regulated as a multilateral trading facility, operated by the different exchanges within Nasdaq Nordic (Nasdaq First North Denmark is regulated as an alternative marketplace). It does not have the legal status as an EU-regulated market. Companies at Nasdaq First North are subject to the rules of Nasdaq First North and not the legal requirements for admission to trading on a regulated market. The risk in such an investment may be higher than on the main market.

About Nasdaq

Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables clients to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 85 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,800 listed companies with a market value of $10.1 trillion and nearly 18,000 corporate clients. To learn more, visit:

Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn, Nasdaq Vilnius, Nasdaq Clearing and Nasdaq Broker Services are respectively brand names for the regulated markets of Nasdaq Copenhagen A/S, Nasdaq Helsinki Ltd., Nasdaq Iceland hf., Nasdaq Riga, AS, Nasdaq Stockholm AB, Nasdaq Tallinn AS, AB Nasdaq Vilnius, Nasdaq Clearing AB and Nasdaq Broker Services AB. Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq Baltic represents the common offering by Nasdaq Tallinn, Nasdaq Riga and Nasdaq Vilnius.

Cautionary Note Regarding Forward-Looking Statements

The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about Nasdaq and its products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq's control. These factors include, but are not limited to factors detailed in Nasdaq's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.

Media Relations Contact
Erik Granström
+46 73 449 78 07

In This Story

Nasdaq Press Center

Read the latest press releases, request a press kit, and get in touch with our press team.

learn more