Chordate enrolls first patient in a randomized, placebo-controlled, double-blind, multicenter study to evaluate the efficacy of intranasal kinetic oscillation stimulation in the preventive treatment of chronic migraine

Data Anticipated Q2 2019

Chordate Medical Holding AB's (publ) ("Chordate"), a specialty medtech company that focuses on developing and commercializing neuromodulating treatment systems for treating non- allergic rhinitis and migraine, today announced that the first patient was enrolled in the Chordate's clinical study of its Kinetic Oscillation Stimulation System S211 (KOS-treatment), Chordate's investigative product, in patients with diagnosed chronic migraine (15 days/month of headache, whereof >8 days with migraine).

"Enrolling the first patient in our multicenter migraine study marks an important milestone for the company as we work our way towards bringing our S211 product to the market. I believe that our proprietary non- pharmaceutical preventive treatment method has great potential to make huge difference for many patients with chronic headache problems around the world", said Anders Weilandt, CEO of Chordate.

The randomized, placebo-controlled, double-blind, multicenter study is being conducted at four neurology clinics in Germany. The study intends to enroll up to 140 subjects and is designed to evaluate the efficacy and safety of the KOS-treatment, with the primary endpoint to detect mean change from baseline (4-week screening period) in monthly headache days with moderate to severe intensity, in a 4-week performance assessment period. Patients in the KOS arm will receive active treatment from the S211, while patients receiving placebo treatment will be given a validated sham treatment from the same equipment.

Kista, Sweden, March 23, 2018

For more information, please contact:
Anders Weilandt, CEO
anders.weilandt@chordate.com
Phone: +46 (0) 733 87 42 77

Information:
This information is information that Chordate Medical Holding AB (publ) is required to disclose under the EU Market Abuse Regulation. The information was provided, through the contact person above for publication on March 23, 2018 at. 08:30 CET.

The following documents can be retrieved from beQuoted
Chordate Pressrelease 2018-03-23 English.pdf

TO THE EDITORS
About Chordate
Chordate Medical Holding AB (publ) is a medical technology company that during ten years has developed, patented and CE-marked a new treatment method for chronic nasal congestion through nerve stimulation. The company sells its product system including treatments through its own sales organization as well as distributors to clinics and hospitals, which in their turn treat patients. Read more at www.chordate.com. Mangold Fondkommission AB, tel. +46 8 5030 1550, is the company's mentor and liquidity guarantee at NGM Nordic MTF.

Chordate and Nanos Medical signs a Letter of Intent for a joint venture agreement regarding China

Kista-Shanghai, 18th December 2017. Chordate Medical Holding AB (publ.) ("Chordate") has through its subsidiary Chordate Medical AB signed a letter of intent regarding a joint venture with Nanos Medical (Shanghai) Limited (" Nanos Medical ") mainly related to the Chinese market. Nanos Medical will own 67 percent after investing MUSD 1.5 in the joint venture, while Chordate for its 33 percent stake adds a license. The assessment is that a final agreement will be concluded before the end of the first quarter of 2018 and that sales can commence within 2-3 years.

"We have a CE-marked and proven product system that currently is launched in the markets we can finance and manage, as stated earlier. Nanos Medical represents a fast growing and financially strong partner who immediately can start market preparations based on our eight Chinese patents. The joint venture adds resources and regional know-how that we cannot deploy ourselves, for the time being. This is in my opinion a big step for Chordate, "said Anders Weilandt, CEO of Chordate.

"Nanos Medical has ear-nose-throat (ENT) and cardiovascular medicine as focus areas. Chordate's treatment method and product system fits well into our business model, and will strengthen our range within ENT where we have already established marketing channels. We are very familiar with the product registration process in China, and have the required production capacity available. We look forward to implementing an efficient marketing process and rapid launch, as we consider this to be an important addition to our product portfolio", says Nanos Medical's CEO Terry Cui.

 

For more information, please contact:
Anders Weilandt, CEO
anders.weilandt@chordate.com
Phone: +46 (0) 733 87 42 77 

Terry Cui, CEO
terry@nanosmedical.com
Phone: +86 (0) 21- 60433667 

Information: 
This information is information that Chordate Medical Holding AB (publ.) is required to disclose under the EU Market Abuse Regulation. The information was provided by the above contact person for publication on 18th December 2017 at. 08:30 CET.

The following documents can be retrieved from beQuoted
Chordate Pressrelease 2017-12-18 English.pdf

TO THE EDITORS  

About Chordate 
Chordate Medical Holding AB (publ.) is a medical technology company that has developed, patented and CE-marked a new treatment method for chronic nasal congestion through nerve stimulation for more than ten years. The company sells its product system including treatments through its own sales organization as well as distributors to clinics and hospitals, which in turn treat patients. Read more at www.chordate.com. Mangold Fondkommission AB, tel. +46 8 5030 1550, is the company's mentor and liquidity guarantee at NGM Nordic MTF.

About Nanos Medical
Nanos Medical develops, manufactures and markets disposable medical devices in the field of minimally invasive interventional therapy. Headquartered in Shanghai, Nanos Medical has established an ISO-13485 certified, GMP-compliant, manufacturing facility in Suzhou, Jiangsu Province of China. Nanos Medical also functions as a key platform to license innovative and disruptive technologies and products on global bases and commercialize them in China and all other emerging markets.