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An announcement from Nanologica AB ( (SE:NICA) ) is now available.
Nanologica AB held its Annual General Meeting where key resolutions were adopted, including the approval of the income statement and balance sheet, with no dividend declared for 2024 due to accumulated losses. The board of directors and auditor were re-elected, and board fees were slightly increased. The meeting also authorized the board to resolve on share issues, potentially impacting the company’s financial strategy and shareholder value.
More about Nanologica AB
Nanologica AB is a Swedish life science tools company specializing in the development, manufacture, and sale of advanced consumables for pharmaceutical manufacturers. Their silica-based products are designed for the purification of peptide drugs, such as insulin and GLP-1 analogues, which enhance productivity and reduce costs for pharmaceutical companies. The company operates in a global niche market driven by the increasing demand for diabetes and obesity treatments, aiming to provide cost-effective medicines to improve patient access to life-saving treatments. Nanologica is headquartered in Södertälje and is listed on the Nasdaq Stockholm Main Market.
Average Trading Volume: 309,892
Current Market Cap: SEK107.8M
For a thorough assessment of NICA stock, go to TipRanks’ Stock Analysis page.