The global drug market for migraine treatment is massive and is expected to be worth around SEK 83.7 billion a year within the next five years. Our patented treatment method, Ozilia® Migraine, was CE-marked in May of 2021, more than a year earlier than the initial plan. The Ozilia® treatment for chronic rhinitis is CE-marked since long and under introduction in selected European markets and Saudi Arabia. Our shares are listed in Stockholm on the Nasdaq First North Growth Market with the ticker: CMH.
During treatment, the patient may experience some discomfort in the nose, but aside from that, Ozilia® Migraine. has no other negative side effects.
Ozilia® Migraine can in many cases replace the medication used to treat migraine today. This means that many migraine patients can avoid pills and/or injections.
Ozilia® Migraine treatment is cost effective, resulting also in less sick leave and reduced productivity losses.
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Chordate Medical Holding AB (publ) is a medical technology company that has developed, patented and CE-marked Ozilia® Migraine (formerly K.O.S), a neuromodulation and drug-free treatment technology for chronic migraine and chronic rhinitis. The treatment has clinically proven efficacy according to a recent study, and is marketed in selected markets in the EU and the Middle East. Chordate Medical is listed on Nasdaq First North Growth Market Stockholm (ticker: CMH).
The company’s Certified Adviser on Nasdaq First North Growth Market Stockholm is Vator Securities AB.