Thor Medical ASA first half 2023 results
Oslo, 31 August 2023: In the first half 2023, Thor Medical ASA completed the close down of the PARADIGME study and reduced the burn to preserve cash. The Company announced to acquire Thor Medical AS, an emerging supplier of alpha emitters for cancer treatment, which was approved by the AGM on 28 June 2023, along with the change of name to Thor Medical ASA. The transaction was closed on 3 July, subsequent to this report. Financial position by end of first half was good, with sufficient cash to fund the Company’s activities through 2025.Revenues in first half 2023 was NOK 0.8m, with a loss