Stockholm, June 10, 2016 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Enorama Pharma AB’s shares (short name: ERMA) commenced today on Nasdaq First North in Stockholm. Enorama Pharma belongs to the health care sector and is the 39th company to be admitted to trading on Nasdaq’s Nordic markets* in 2016.
Enorama Pharma is a pharmaceutical company headquartered in Malmö, Sweden. The company’s business concept is to develop and sell medicated chewing gums, and to offer these as private label products. Enorama Pharma’s main product is a nicotine gum. However, the company’s long-term strategy is to use the chewing gum as an alternative for drug delivery, and potential, future application areas include pain relief, allergies and colds. For more information, please visit www.enorama.se.
”Our listing marks an important step in the development of Enorama Pharma,” said Mats Rönngard, CEO of Enorama Pharma. “We have secured distribution to pharmacies in Europe and are currently expanding our marketing organization in order to provide the benefits of medicated chewing gums to a broader public. Our product will be available 2018.”
“We welcome Enorama Pharma to Nasdaq First North, our Nordic growth market” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “Enorama Pharma joins our growing health care sector, and we look forward to supporting them with the increased investor exposure that comes with a Nasdaq First North listing.”
Enorama Pharma AB has appointed Partner Fondkommission 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”
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