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Karolinska Developments tidigare portföljbolag XSpray Pharma introduceras på Nasdaq First North

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STOCKHOLM den 28 september 2017. Karolinska Developments tidigare portföljbolag Xspray Pharma AB noterades idag på Nasdaq First North i Stockholm. Karolinska Development avyttrade i september 2015 sitt innehav i Xspray till nya ägare, men säkrade samtidigt rätten att i händelse av en börsnotering erhålla aktier motsvarande 3,74 procent av bolaget. Baserat på en teckningskurs om 22 kr per aktie i samband med börsnoteringen motsvarar värdet av dessa aktier 10,8 mkr, vilket nu Karolinska Developments portföljvärde utökas med.    

Med anledning av Karolinska Developments tidigare pressrelease från den 25 augusti 2017 (Karolinska Development noterar den planerade noteringen av Xspray AB på Nasdaq First North) kan vi idag även konstatera att handeln inleddes av Xspray Pharma AB på Nasdaq First North. Xspray Pharma använder sin patenterade teknologi RightSize för att utveckla läkemedel baserade på väldokumenterade redan marknadsförda proteinkinashämmare - en typ av substanser som visat sig anmärkningsvärt effektiva vid behandling av olika cancerformer och har blivit det näst största segmentet av läkemedel för riktade cancerbehandlingar.

"Karolinska Developments ägarandel i Xspray värderas i samband med börsintroduktionen till 10,8 mkr, och det ska bli oerhört intressant att följa bolagets fortsatta utveckling som noterat på Nasdaq First North", säger Viktor Drvota, vd, Karolinska Development.

Karolinska Development har i och med detta gått från nio till tio portföljbolag, varav fem förväntas presentera fas II-resultat under 2018. Under det senaste året har Karolinska Development nu sett tre så kallade earn-out agreements realiserats. Detta då bolaget i samband med vissa avyttringar säkrat rätten till en del av framtida värdeskapande genom olika typer av avtal. Utöver Xspray Pharma, Inhalation Science Sweden och Oncopeptides, vilka i år noterats på börsen, innehar Karolinska Developments earn-out agreements med tidigare portföljbolagen, Clanotech, Athera, Pharmanest och Axelar.

För ytterligare information, vänligen kontakta :

Viktor Drvota, VD, Karolinska Development AB
Tel: +46 73 982 52 02, e-mail: viktor.drvota@karolinskadevelopment.com

Christian Tange, finansdirektör, Karolinska Development AB
Tel: +46 73 712 14 30, e-mail: christian.tange@karolinskadevelopment.com

TILL REDAKTÖRERNA

Om Karolinska Development AB
Karolinska Development AB (Nasdaq Stockholm: KDEV) är ett nordiskt investmentbolag inom life science. Bolaget fokuserar på att identifiera medicinska innovationer och att investera för att skapa och utveckla bolag som vidareutvecklar sådana innovationer till differentierade produkter som kan göra skillnad för patienters liv och generera en attraktiv avkastning till aktieägarna.

Karolinska Development har tillgång till medicinsk forskning i världsklass från Karolinska Institutet och andra ledande universitet och forskningsinstitutioner i Norden. Bolagets målsättning är att bygga bolag kring forskare som är ledande inom sina respektive vetenskapsområden, med stöd från erfarna ledningsgrupper och rådgivare, samt med finansiering tillsammans med internationella investerare som är specialiserade inom sektorn, För att skapa bästa möjligheter till framgång byggs företagen med erfarna managementteam och rådgivare och de medfinansieras av professionella life science-investerare.

Karolinska Developments portfölj består av nio bolag inriktade på att utveckla innovativa behandlingsmetoder för sjukdomar som är livshotande eller funktionsnedsättande och andra medicinska tillstånd.  

Bolaget leds av ett entreprenörsteam bestående av professionella investerare med lång erfarenhet inom företagsbyggande och med tillgång till ett starkt globalt nätverk.

För mer information: www.karolinskadevelopment.com.




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Karolinska Development AB (publ) via Globenewswire

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