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Kalqyl in Updated Analysis of Chordate Medical Following Q3 Report: “The Exit Process Enters a More Intensive Phase”

Kalqyl has published an updated analysis of Chordate Medical following the company’s Q2 report, which was released on November  5. In the analysis, Kalqyl comments on Chordate’s partnership agreement with Partner International Switzerland to initiate the exit process and the company’s increasing business activity.

“The most substantial news of the quarter was the company’s decision to hire Partner International Switzerland (PIS) to initiate the exit process. The assignment is to find a buyer for Chordate’s operations, marking the start of a more intensive phase in the final step of the company’s strategy,” writes Kalqyl.

Read the full analysis (In Swedish)

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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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