Artimplant's share issues completed according to plan
Artimplant's share issues completed according to plan Artimplant's rights issue in March 2003 is now completed and the company raised another 14 MSEK. According to plan, the company has raised totally 44 MSEK before issue costs through the recent rights issue and the directed share issue in December 2002. Together with other completed and announced activities, the capital raising is intended to provide the financial resources required to bring the company to commercial success. The new shares are subject to trading at the Stockholm Exchange O-list around April 16, 2003. With great satisfaction we can establish that the company, despite a difficult market situation, meets its targets for the capital raising. This is evidence that current and new shareholders have confidence in our strategy for change, says Tord Lendau, CEO of Artimplant. Our tough change program runs according to plan, and with the new cash we can tick off another milestone on our way to successfully commercializing our Artelon(TM) technology, says Tord Lendau. För ytterligare information kontakta: Tord Lendau, CEO, tel 0708 369 403, tord.lendau@artimplant.se Ulf Åkerblom, VP Corporate Development, tel 0709 675 999, ulf.akerblom@artimplant.se ARTIMPLANT Artimplant är ett biomaterialföretag fokuserat på problemlösningar inom ortopedisk kirurgi. Artimplant bedriver forskning och utveckling samt utveckling av tillverkningsprocesser av nedbrytbara implantat i syfte att återskapa ett aktivt liv. Företagets egenutvecklade biomaterial bygger på en ny teknologi som öppnar nya marknader inom ortopedisk kirurgi och närliggande områden där de medicinska behoven är stora. Artimplant har bland annat utvecklat och patenterat ett antal olika nedbrytbara ledbandsimplantat, som genomgår kliniska prövningar. Bolaget affärsmodell är att utlicensiera produkter och teknologi till globala partners. Artimplant är noterat på OM Stockholmsbörsens O-lista. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/04/08/20030408BIT00020/wkr0001.doc http://www.waymaker.net/bitonline/2003/04/08/20030408BIT00020/wkr0002.pdf