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EQL Pharma CCO Sells Shares for Personal Reasons

Story Highlights
  • EQL Pharma AB develops and sells niche generic drugs in Nordic and European markets.
  • CCO Alexander Brising sold shares for SEK 2.1 million to buy an apartment for his daughter.
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EQL Pharma CCO Sells Shares for Personal Reasons

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EQL Pharma AB ( (SE:EQL) ) has issued an announcement.

EQL Pharma’s Chief Commercial Officer, Alexander Brising, has sold shares worth approximately SEK 2.1 million to finance an apartment for his daughter attending university. Despite the sale, Brising remains committed to the company, holding 228,732 shares and emphasizing his belief in EQL Pharma’s future plans and developments.

More about EQL Pharma AB

EQL Pharma AB specializes in developing and selling generic drugs that are medically equivalent to original drugs. The company focuses on niche generics with limited competition and operates primarily in the Nordic and European markets. It collaborates with leading manufacturers and pharmaceutical companies in the EU and Asia and is listed on the Nasdaq Stockholm stock market.

YTD Price Performance: 3.46%

Average Trading Volume: 23,211

Technical Sentiment Signal: Buy

Current Market Cap: SEK2.44B

For detailed information about EQL stock, go to TipRanks’ Stock Analysis page.

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