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Yahoo
02-06-2025
- Business
- Yahoo
BioArctic's Capital Markets Day 2025 - entering a new era of growth
STOCKHOLM, June 2, 2025 /PRNewswire/ -- BioArctic AB (publ) (NASDAQ Stockholm: BIOA B) today welcomes investors, analysts and financial media to the company's Capital Markets Day. The event, which starts at 10:30 CET, will be broadcast live online. Over the past 20 years, BioArctic has built a thriving company based on a foundation of solid science and innovation, strong finances and an organization with well-educated staff and a value-driven corporate culture. At the Capital Markets Day, management will outline BioArctic's ambitions for 2030 which focuses on building Sweden's next major pharmaceutical company. This will be achieved by: building a balanced and broad pipeline with projects in all stages of development, adding additional successful global partnerships, and establishing Leqembi® as a treatment for Alzheimer's disease in the Nordics ensuring finances that allow for both investing in growth while giving recurring dividends to shareholders. To achieve this, the company will accelerate innovation into a broader area of severe brain diseases, proactively work with business development to maximize the value of each project, and work to ensure a successful launch of Leqembi in the Nordic region. The presentation for the Capital Markets Day can be found on A recording of the Capital Markets Day will be available later today on BioArctic's website. AGENDA 10:30 BioArctic today and tomorrow Precision neurology and severe brain disease experiencing unprecedented opportunities for innovation. Chief Executive Officer Gunilla Osswald will discuss how BioArctic is positioning itself to capture these global possibilities and outline the company's ambitions toward 2030. 11:00 FinancialsFollowing the recent license agreement with Bristol Myers Squibb and with continuous royalties from Leqembi sales, BioArctic expects to achieve profitability from this year onwards. Anders Martin-Löf, Chief Financial Officer, will outline what this strengthened financial position means for shareholders and BioArctic's future opportunities. 11:20 R&D StrategyBased on the same principle as Leqembi, BioArctic has built a project portfolio with selective antibodies targeting aggregated forms of misfolded proteins in the brain. Chief R&D Officer Johanna Fälting will outline the overarching research strategy and explain how BioArctic's integrated antibody and BrainTransporter™ platforms create opportunities across several disease areas. 11:50 Q&A 12:10 Lunch 13:00 LeqembiLeqembi is the first fully approved disease-modifying treatment for early Alzheimer's disease, marking a transformational shift in the treatment landscape. Anna-Kaija Grönblad, Chief Commercial Officer, will discuss this evolving paradigm, provide insights into global and European market developments, and outline BioArctic's preparations for the Nordic launch. 13:20 Key opinion leader: Disease modifying treatment for Alzheimer's disease in clinical useSince the initial approval of Leqembi in the United States in January 2023, clinicians have gained important real-world experience with this groundbreaking therapy for early Alzheimer's disease. Professor Lawrence S. Honig from Columbia University's Department of Neurology will present clinical insights from US practice and discuss the practical challenges and opportunities of implementing this new treatment paradigm. 14:00 Q&A 14:15 BrainTransporter-technologyBiological drugs hold enormous potential for treating brain diseases, but the blood-brain barrier has historically prevented their effective delivery. Chief Scientific Officer Per-Ola Freskgård will present how BioArctic's breakthrough BrainTransporter technology can deliver antibodies with up to 70 times greater brain exposure and superior distribution and discuss the commercial opportunities this proprietary platform creates. 14:55 ExidavnemabBioArctic's antibody exidavnemab targets alpha-synuclein, a key protein involved in multiple neurodegenerative conditions. Gabrielle Åhlberg Hillert, Chief Medical Officer, will provide an update on the Phase 2 program, explain how exidavnemab differentiates from other late-stage antibodies, and discuss how it could address significant unmet medical needs in alpha-synuclein diseases such as Parkinson's disease, Multiple System Atrophy, and Lewy body dementia. 15.15 Q&A 15.30 Concluding remarks Short summary by Gunilla Osswald, Chief Executive Officer The information was released for public disclosure, through the agency of the contact persons below, on June 2, 2025, at 10:30 CET. For further information, please contact: Oskar Bosson, VP Communications and Investor RelationsE-mail: +46 70 410 71 80 Charlotte af Klercker, Senior Director Sustainability and CommunicationsE-mail: Telephone: +46 73 515 09 70 About BioArctic ABBioArctic AB (publ) is a Swedish research-based biopharma company focusing on innovative treatments that can delay or stop the progression of neurodegenerative diseases. The company is the originator of Leqembi® (lecanemab) – the world's first drug proven to slow the progression of the disease and reduce cognitive impairment in early Alzheimer's disease. Leqembi has been developed together with Eisai. BioArctic has a broad research portfolio within Alzheimer's disease, Parkinson's disease, ALS and enzyme deficiency diseases. Several of the projects utilize the company's proprietary BrainTransporter™ technology, which improves the transport of drugs into the brain. BioArctic's B share (BIOA B) is listed on Nasdaq Stockholm Large Cap. For more information, please visit This information was brought to you by Cision The following files are available for download: BioArctic’s Capital Markets Day 2025 â€" entering a new era of growth View original content: SOURCE BioArctic
Business Wire
21-04-2025
- Business
- Business Wire
Northern Edge Advisors Represents Pedestal PRO in Sale to ASSA ABLOY
NEW YORK--(BUSINESS WIRE)--Northern Edge Advisors served as the exclusive financial advisor to privately-held Pedestal PRO, LLC in the sale to Swedish public company ASSA ABLOY (NASDAQ Stockholm: ASSA_B). 'We underestimated the complexity and intensity of the M&A process and are incredibly grateful to Northern Edge Advisors for their expertise from start to finish.' Founded in 2002 and based in Lindon, Utah, Pedestal PRO is a leading designer and manufacturer of access control mounting solutions, serving a global network of systems integrators and security professionals. Its extensive product portfolio includes both universal and device-specific solutions, complemented by a custom design and build program with fast-track fabrication. With 63,000 employees and annual sales of approximately $15.6 billion, ASSA ABLOY is a global leader in access solutions with leading positions in many market segments, including efficient door openings, trusted identities, and entrance automation. The acquisition strengthens ASSA ABLOY's presence in mature markets by enhancing its core business with complementary products and capabilities. Nearly all Pedestal PRO offerings integrate seamlessly with ASSA ABLOY solutions, delivering immediate commercial value. Northern Edge Advisors played a pivotal role advising Pedestal PRO in the transaction and executed a broad and disciplined marketing campaign that led to the cross-border sale to ASSA ABLOY. The founders and leadership team of Pedestal PRO will remain in place, working collaboratively with ASSA ABLOY to facilitate continued growth. 'The sale of Pedestal PRO to ASSA ABLOY represents the culmination of twenty-three years of dedication to building this business,' said Pike Goss, CEO of Pedestal PRO. 'We underestimated the complexity and intensity of the M&A process and are incredibly grateful to Northern Edge Advisors for their expertise from start to finish.' 'This transaction highlights Northern Edge Advisors' strength in connecting our North American middle-market clients with global strategic buyers. I remain impressed by Pike Goss and Glen Squire's capacity to complete critical market initiatives while working through a time-intensive sale process. Pedestal PRO's success is a direct reflection of their professionalism, high standards, and personal integrity. It has been a true privilege to work with them as they executed this exceptional transaction,' commented Bob Goldsmith, President of Northern Edge Advisors. Headquartered in New York City, with offices in the United States and Canada, Northern Edge Advisors is a boutique investment bank with a core focus on sell-side financial advisory services for privately owned businesses across all industries.
