Boule Diagnostics Announces Closure of BM950 Project and New Portfolio Strategy
Boule Diagnostics announces the decision to close the BM950 project due to newly identified technical issues that have significantly impacted the project's time to market and overall profitability. This decision comes after careful consideration and analysis of the project's progress and its alignment with our business objectives. The closure of the project will result in a write down of intangible assets of 92M SEK that will be recognized in the 2024 financials and approximately 25M SEK in additional restructuring cost in the first quarter of 2025. "We understand the importance of