23 April, 2020
Since the spin-off and listing of Ziccum, ISAB has been a passive shareholder in Ziccum, and the sale is in line with what both companies have previously communicated about ISAB's ambition to divest its holding.
Ziccum's CEO Göran Conradson: "We can see that the market showed great interest in ISAB's sale of sits hares in Ziccum. We're very pleased to add strong, long-term investors in Ziccum."
For more information about Ziccum, please contact:
Göran Conradson: CEO Ziccum AB
Mob: +46 709 61 55 99
Ziccum AB (publ) develops new patented formulations of biological drugs where sensitivity to temperature differences, especially during transportation, currently limits medical and so commercial potential. The company's patented technology, LaminarPace, develops dry powder formulations of drugs and vaccines that currently only exist in liquid form. By doing so Ziccum can increase the availability of drugs and vaccines in existing markets-and open up new ones.