Stockholm, December 16, 2014 — Nasdaq (Nasdaq: NDAQ) announced that C-RAD AB (short name: CRAD B), a Small Cap company within the Health care sector, has started trading of its shares on the main market of Nasdaq Stockholm. C-RAD was previously listed on First North and is, including switches, the 24th company to list at Nasdaq’s Nordic main markets in 2014 (Nasdaq Stockholm; Helsinki; Copenhagen; and Iceland).
C-RAD develops innovative solutions for use in advanced radiation therapy. The company offers products and solutions for patient positioning, tumor localization and radiation treatment systems. End users are radiation therapy clinics worldwide. All product development is located in Uppsala, Sweden. Founded in 2004, C-RAD’s business originates from research and development at Karolinska Institutet in Solna, Sweden. For more information, please visit www.c-rad.com.
“With our products and competences we have the mission to help to cure more cancer patients all around the world.” said Tim Thurn, CEO, C-RAD. “Our products are specifically used when high accuracy and safety are of importance for cancer centers. Currently our main focus is to strengthen our global footprint and support more cancer centers in offering the benefits of C-RAD products to their patients. The logical next step for C-RAD is to move to the main market to open up for institutional investors as well as to get more international attention for the C-RAD share.”
“We welcome C-RAD to our main market on Nasdaq Stockholm where they will make a valuable addition to our health care segment,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “C-RAD is the fifth company this year to make the move from First North. Since First North’s inception in 2006, close to 40 companies have moved up to our main market, thus proving the strength of our Nordic listing model.”
About Nasdaq Group
Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers 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 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,500 listed companies with a market value of over $8.8 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaq.com.
Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallin, Nasdaq Vilnius, Nasdaq Clearing and Nasdaq Broker Services are respectively brand names for Nasdaq OMX Copenhagen A/S, Nasdaq OMX Helsinki Ltd., Nasdaq OMX Iceland hf., Nasdaq OMX Riga AS, Nasdaq OMX Stockholm AB, Nasdaq OMX Tallin AS, Nasdaq OMX Vilnius, Nasdaq OMX Clearing AB, Nasdaq OMX Broker Services AB. Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
Cautionary Note Regarding Forward-Looking Statements
Information set forth in this communication contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Such forward-looking statements include, but are not limited to, statements about our capital return initiatives. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq’s control. These factors include, but are not limited to, Nasdaq’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk, U.S. and global competition, and other factors detailed in Nasdaq’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q. Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.
Media Relations Contact:
+46 8 405 6639
Nasdaq Press Center
Read the latest press releases, request a press kit, and get in touch with our press team.