NEW YORK, Aug. 10, 2017 (GLOBE NEWSWIRE) -- Zealand Pharma (Nasdaq:ZEAL), a biotechnology company focused on the discovery, design and development of innovative peptide-based medicines, visited the Nasdaq MarketSite in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market this week.
Photos accompanying this announcement are available at
Zealand Pharma has a portfolio that includes two approved products for the treatment of type 2 diabetes: Soliqua® 100/33 and Adlyxin®/Lyxumia®. Both products were launched in the U.S. earlier this year by its partner Sanofi. In addition, their pipeline includes gastrointestinal and metabolic product candidates, addressing specialty diseases with significant unmet medical needs.
“We are very excited and believe it is the perfect time for Zealand Pharma to list in the United States. In June 2017, we achieved positive clinical results for two late stage product candidates, thus the listing and the capital raised in conjunction with the listing should enable us to progress development of these products,” said Britt Meelby Jensen, President and CEO of Zealand Pharma A/S.
“Zealand Pharma has a track record of successfully inventing and developing their novel peptide-based product candidates. Their history of innovation makes them a perfect fit into the Nasdaq family of disruptors, and we are proud to stand by them on their journey as a public company,” said Nelson Griggs, Executive Vice President, Head of Global Listings, Nasdaq.
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