Stockholm, March 29, 2017 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Biovica International AB’s shares (short name: BIOVIC B) commenced today on Nasdaq First North in Stockholm. Biovica International (“Biovica”) belongs to the health care sector and is the 16 th company to be admitted to trading on Nasdaq’s Nordic markets* in 2017.
Biovica is a Swedish biotech company developing blood-based biomarker assays that improve the monitoring of modern cancer therapies and better predict patient outcome. The company currently focuses on breast cancer, and collaborates with both cancer institutes and pharmaceutical companies to promote the growing drive towards personalized medicine. Biovica was founded in 2009 and is headquartered in Uppsala, Sweden. For more information, please visit www.biovica.com .
“Nasdaq First North offers us an opportunity to raise the money required in order to initialize commercialization of our product DiviTum® and provide great value for breast cancer patients and health care providers through a faster evaluation of therapy efficacy,” said Anders Rylander, CEO of Biovica. “We’re excited by the response Biovica received from investors, the IPO was oversubscribed four times.”
“We welcome Biovica to Nasdaq First North,” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “Biovica is our seventh healthcare listing in Stockholm this year, and we look forward to working with them for many years to come.”
Biovica International AB has appointed FNCA Sweden 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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| Media Relations Contact: Erik Granström +46 8 405 78 07 erik.granstrom@nasdaq.com |
