Number of shares and votes in Calliditas Therapeutics
On September 30, 2020, Calliditas Therapeutics AB announced the allotment of 111,250 common shares as part of its 2017 warrant program. Following this issuance, the total number of shares and votes in the company increased to 49,941,584. Calliditas focuses on developing novel treatments for orphan diseases, emphasizing its lead candidate Nefecon for IgA nephropathy, an autoimmune renal disease. The company is advancing through a global Phase 3 study for Nefecon, aiming for commercialization in the U.S.
- Successful allotment of 111,250 shares indicating active capital management.
- Increased total shares and votes to 49,941,584, enhancing liquidity for investors.
- Advancement of Nefecon in a crucial Phase 3 study, targeting a high unmet medical need.
- None.
STOCKHOLM, Sept. 30, 2020 /PRNewswire/ -- During September, Calliditas Therapeutics AB (publ) has allotted 111,250 common shares within the company's warrant program issued in 2017. Thus, as of September 30, 2020, the number of shares and votes in the company amounts to 49,941,584.
For further information, please contact:
Mikael Widell
Investor relations
Tel.: +46-703-11-99-60
email: mikael.widell@calliditas.com
The information in the press release is such that Calliditas Therapeutics AB (publ) is required to disclose pursuant to the Swedish Financial Instruments Trading Act. The information was submitted for publication, through the agency of the contact persons set out above, at 10:00 a.m. CEST on September 30, 2020.
About Calliditas
Calliditas Therapeutics is a specialty pharmaceutical company based in Stockholm, Sweden focused on identifying, developing and commercializing novel treatments in orphan indications, with an initial focus on renal and hepatic diseases with significant unmet medical needs. Calliditas' lead product candidate, Nefecon, is a proprietary, novel oral formulation of budesonide, an established, highly potent local immunosuppressant, for the treatment of the autoimmune renal disease IgA nephropathy, or IgAN, for which there is a high unmet medical need and there are no approved treatments. Calliditas is running a global Phase 3 study within IgAN and, if approved, aims to commercialize Nefecon in the United States. Calliditas is listed on Nasdaq Stockholm (ticker: CALTX) and the Nasdaq Global Select Market (ticker: CALT).
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SOURCE Calliditas Therapeutics
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