NASDAQ STOCKHOLM WELCOMES KLARIA PHARMA HOLDING TO FIRST NORTH
Stockholm, October 21, 2015 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Klaria Pharma Holding AB’s shares (short name: KLAR) commenced today on Nasdaq First North in Stockholm. Klaria Pharma Holding belongs to the health care sector and is the 74th company to be admitted to trading on Nasdaq’s Nordic markets* in 2015.
Klaria Pharma Holding is a recently founded biotech company headquartered in Stockholm, Sweden. The company’s business idea is to develop and commercialize innovative pharmaceuticals for migraine and cancer pain. Klaria’s concept is based on a patented drug delivery platform, which is combined with clinically tested and well proven active substances. For more information, please visit www.klaria.com.
“Klaria will fundamentally change the way acute pain is managed for migraine and cancer patients and our listing on Nasdaq First North is an important step in creating superior, more exact therapies for these underserved patients” said Dr. Scott Boyer, Chief Executive Officer of Klaria. “Klaria’s products will contribute to a more efficient, precise and humane healthcare system. In this respect, Klaria is truly a win-win for both patients and our investors.”
“We welcome Klaria to Nasdaq and to our First North market, where we continue to see a steady inflow of new and exciting companies” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “Klaria will make an exciting addition to our strong health care sector, and we look forward to supporting their continued journey as a publicly listed company.”
Klaria Pharma Holding AB has appointed Remium Nordic 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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