Nasdaq Stockholm Welcomes Immunicum to the Main Market
Stockholm, January 15, 2018 — Nasdaq (Nasdaq: NDAQ) announces that Immunicum AB (short name: IMMU), a small cap company within the healthcare sector, today will start trading of its shares on the main market of Nasdaq Stockholm. Immunicum was previously listed on Nasdaq First North Premier and is the first company to list on Nasdaq’s Nordic markets* in 2018.
Immunicum is establishing a unique immuno-oncology approach through the development of allogeneic, off-the-shelf cell-based therapies. The company’s goal is to improve survival outcomes and quality of life by priming the patient’s own immune system to fight cancer. Its lead product, ilixadencel, consists of pro-inflammatory allogeneic dendritic cells, and has the potential to become a backbone component of modern cancer combination treatments in a variety of solid tumor indications. Immunicum is headquartered in Gothenburg, Sweden. For more information, please visit www.immunicum.se.
“We are enthusiastic about our switch to the main market of Nasdaq Stockholm which marks the achievement of an important strategic objective for the company,” said Carlos de Sousa, CEO of Immunicum. “The switch combined with the accomplishments from the last twelve months emphasize our ongoing commitment to reaching our primary goals of developing ilixadencel into a new medicine to treat patients with cancer who face limited effective therapy options and continuing to build value for our shareholders over time. Immunicum has made significant progress by further validating ilixadencel through positive clinical and preclinical data and raising the capital needed to reach the next value inflection point in ilixadencel’s development.”
“We welcome Immunicum to the Nasdaq Stockholm main market,” said Adam Kostyál, SVP and Head of European listings at Nasdaq. “We are excited to see yet another Nasdaq First North Premier listed company grow and transfer to our main market, and we look forward to supporting Immunicum for many more years to come.”
*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
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