Stockholm, February 10, 2015 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Karessa Pharma Holding AB’s shares (shortname: KARE) commenced today on First North at Nasdaq Stockholm. Karessa Pharma belongs to the Health Care sector and is (including switches) the sixth company to be admitted to trading on Nasdaq’s Nordic markets* in 2015.
Karessa Pharma is developing and commercialising the next generation of medicinal products to treat erectile dysfunction. Karessa Pharma's concept is based on a patented drug delivery film, which is combined with clinically tested and proven active substances. This combination results in a medicinal product that delivers both a direct and reliable effect. For more information, please visit www.karessa.se .
“This listing is a natural step in our endeavour to establish Karessa Pharma as a leading, innovative company on the growing market for drugs treating erectile dysfunction,” said Torbjörn Kemper, CEO of Karessa Pharma. “The problem is widespread, the market is enormous, and we will be able to contribute with a better solution than those that are currently available.”
“We welcome Karessa Pharma to First North and to our Nasdaq-family of companies,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “We continue to see a strong interest for the public markets within the life science sector and today’s listing underlines that trend.”
Karessa Pharma has appointed Remium Nordic AB as Certified Adviser.
*Main markets and First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
About First North
First North is regulated as a multilateral trading facility, operated by the different exchanges within Nasdaq Nordic (First North Denmark is regulated as an alternative marketplace). It does not have the legal status as an EU-regulated market. Companies at First North are subject to the rules of 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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| Media Relations Contact: Carl Norell +46 8 405 6639 carl.norell@nasdaq.com |
