Chordate Medical Holding AB's (publ) ("Chordate") treatment has now been approved in a clinical evaluation at three major hospitals in Saudi Arabia,...
Over the past month, many pieces of the puzzle have fallen into place for Chordate Medical. The key piece was the CE marking in migraines that led to ...
Italy is Chordate Medical’s most active market to date, in large part due to the distributor Vedise Hospital that has performed solid work regarding s...
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 six years. Our patented treatment method, Kinetic Oscillation Stimulation, K.O.S, is currently the subject of an international clinical study which is expected to treat the last patients during the third quarter of 2021.The migraine treatment was CE-marked in May of 2021, over than a year earlier than our initial plan. The K.O.S treatment for chronic rhinitis is CE-marked since long and under introduction in selected European markets and the Kingdom of Saudi Arabia. Our shares are listed on the Nordic Growth Market – SME with the ticker: CMH.
During treatment, the patient may experience some discomfort in the nose, but aside from that, K.O.S. has no other negative side effects.
K.O.S can in many cases replace the medication used to treat migraine today. This means that many migraine patients can avoid pills and/or injections.
K.O.S treatment is cost effective, resulting also in less sick leave and reduced productivity losses.
The global drug market to treat migraine is growing and is expected to be worth SEK 83.7 billion by 2026.
By building an extensive patent portfolio, carrying out clinical trials and demonstrating commercial success stories we attract prospective buyers.
A ground-breaking international migraine study expected to be finalizing during the third quarter of 2021 has received clear positive indications from an interim analysis.
K.O.S was initially used to treat rhinitis, but doctors discovered it can also be used to treat migraine.
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For questions about the medical effects of the K.O.S treatment, please see if the answer is here.
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