Stockholm, June 25, 2018 — Nasdaq (Nasdaq: NDAQ) announces that Nuevolution AB (short name: NUE), a small cap company within the health care sector, today will start trading of its shares on the main market of Nasdaq Stockholm. Nuevolution was previously listed on Nasdaq First North Premier and is the 45th company to list on Nasdaq’s Nordic markets* in 2018.
Nuevolution is a Scandinavian biopharmaceutical company focused on developing drug treatments for human diseases within oncology and chronic inflammatory diseases. The company is the inventor of Chemetics®, a patent protected drug discovery platform, which enables efficient discovery of novel small molecule drug candidates for specific indications addressing disease targets within the company’s therapeutic focus areas. Nuevolution is headquartered in Copenhagen, Denmark. For more information, please visit www.nuevolution.com.
“The IPO of Nuevolution on Nasdaq First North Premier in December 2015 marked a major milestone for the company. It has catalyzed the development of our drug candidate pipeline significantly, and under strict conditions and in a good and competitive environment, the First North Premier market place has trained us optimally in preparation of this day - the listing on the Nasdaq Stockholm main market,” said Alex Gouliaev, CEO of Nuevolution. “On behalf of the board, management and staff of Nuevolution, we wish to express our sincere appreciation for the support that we have received from a strong and loyal investor base. The main market listing offers us even better conditions for long-term growth and value creation to the benefit of our shareholders and the equally import aim, to discover better and safer treatment of cancer and severe inflammatory diseases.
“We welcome Nuevolution to the Nasdaq Stockholm main market,” said Adam Kostyál, SVP and Head of European listings at Nasdaq. “It is exciting to see yet another company mature and transfer from Nasdaq First North Premier to our main market, and we look forward to stand by Nuevolution on its continued growth journey on the main market.”
*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
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