Stockholm, March 17, 2015 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Cantargia AB (short name: CANTA) commenced today on First North at Nasdaq Stockholm. Cantargia belongs to the Health Care sector and is the fifteenth company to be admitted to trading on Nasdaq’s Nordic markets* in 2015.
Founded in 2009/2010 Cantargias objective is to develop a new drug that can become an important part of future cancer treatment. The company has selected and applied for a patent for a product candidate. In preclinical studies the antibody has been shown to have two potential mechanisms of action which complement each other. In 2015 Cantargia will carry out further preclinical studies, primarily in solid tumours. The results of these studies will provide guidance for which indications should be the subject of future clinical studies. For more information, please visit www.cantargia.com.
“I am very excited that Cantargia has advanced to become a company listed on Nasdaq First North“, said Göran Forsberg, CEO of Cantargia. “Cantargia’s research has identified a novel approach for treatment of cancer and after a successful IPO we are extremely motivated to advance our development of a potentially very valuable asset to patients suffering from an incurable disease.“
“We welcome Cantargia to First North and to our Nasdaq-family of companies,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “We continue to see a strong interest for the public markets within the life science sector and today’s listing underlines that trend.”
Cantargia has appointed Sedermera Fondkomission as Certified Adviser.
*Main markets and First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
About First North
First North is regulated as a multilateral trading facility, operated by the different exchanges within Nasdaq Nordic (First North Denmark is regulated as an alternative marketplace). It does not have the legal status as an EU-regulated market. Companies at First North are subject to the rules of 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”
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