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Kalqyl in new analysis of Chordate: “Increased foothold in the market”

Kalqyl has today, April 3rd, published an updated analysis of Chordate Medical following the company’s year-end report, which was released on March 22. In the analysis, Kalqyl comments on, among other things, Chordate’s positive sales trend and breakthrough in Germany.

“We expect that the positive sales trend will continue throughout 2024, primarily driven by a gradually increasing utilization rate of the treatment system, broader marketing of the study results from PM007, and breakthrough in the German market. Chordate’s report for the fourth quarter showed that the company took continued steps in all parts of the marketing plan, which ultimately should enable a sale of the company,” writes Kalqyl.

Read the full analysis here

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Chordate Medical Holding AB (publ) is a medical technology company that has developed, patented and CE-marked Ozilia®, 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.

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Chordate Medical AB

c/o Regus, Kistagången 20B
SE-164 40 Kista
Sweden

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