Brief: Klaria Acquires Uppsalagruppen And Becomes Owner Of Patent

Klaria Pharma Holding AB (publ)

05/11/2019 07:28

Nov 5 (Reuters) - Klaria Pharma Holding AB (publ)  KLAR.ST :
    * KLARIA ACQUIRES UPPSALAGRUPPEN AND BECOMES THE OWNER OF
THE
PATENT THAT PROTECTS KLARIA'S TECHNOLOGY PLATFORM
    * TRANSACTION IS STRUCTURED AS A SHARE TRANSFER AGREEMENT
BETWEEN
OWNERS OF KLARIA AND UPPSALAGRUPPEN, WHEREBY ALL SHARES IN
UPPSALAGRUPPEN ARE ACQUIRED BY KLARIA
    * UPPSALAGRUPPEN HAD REVENUES OF APPROXIMATELY 1,2 MILLION
SEK IN
2018
    * WITH THIS ACQUISITION, KLARIA WILL NOW OWN PATENT AND HAVE
FULL
FREEDOM TO DEVELOP NOVEL DRUG CANDIDATES IN FUTURE.
    * ACQUISITION DOES NOT SIGNIFICANTLY AFFECT KLARIA OR ITS
OPERATIONS, EXCEPT FOR KLARIA OBTAINING EXCLUSIVE OWNERSHIP OF
PATENT AND THEREBY STRENGTHENING ITS IP-POSITION

Source text for Eikon:  ID:nWkr3D8PKr 
Further company coverage:  KLAR.ST 

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