Press

Calmark Sweden AB announces today that an exclusive distributor agreement has been signed with the company Savas Medikal Inc. regarding Calmark’s bilirubin test for newborns.

Calmark Sweden AB (publ) today announces a rethinking of the China strategy, in view of the current global context and the growing politicization of the Chinese business environment. The Wuxi subsidiary, which was foreseen to serve as the basis of a Joint Venture, will be dissolved; as in the rest of the world, the sales strategy in China will instead be based on distributor cooperation. Calmark’s subsidiary in Hong Kong will remain, henceforth forming the hub of the Chinese market activities.

Calmark Sweden AB (publ) announced today that the exclusive distributor agreement for the Saudi Arabian market with the company Ajlan & Bros Holding Group Abilitii will not continue.

Calmark Sweden AB (publ) announced today that the company’s instrument for analyzing point-of-care tests, POC-Analyzer Neo, has been registered by the Indian authorities. Associated test for measuring bilirubin in the blood of newborns, Neo-Bilirubin, is still under registration process.

During November/December, Calmark's Head of Sales, Magdalena Tharaldsen, completed a three-week tour of India, where she first travelled with Swecare as part of a delegation and subsequently continued the journey together with the Company's distributor r2 Hemostasis Diagnostics India Private Ltd. Calmark's bilirubinometer was demonstrated for health authorities and in hospitals. The clinical feedback collected is presented below.

Calmark Sweden AB (publ) announced today that an exclusive distributor agreement has been signed with the company Mediq Sverige AB regarding Calmark's test for newborns.

Calmark Sweden AB (publ) announced today that the company has initiated measures to streamline the internal organization and to prioritize the sales of the company's fully developed products. The development projects for new biomarkers are paused until further notice and the organization is thus reduced by 25%. The ambition is for Calmark to become cash flow positive in the coming year.

Calmark Sweden AB (publ) announced today that the exclusive distributor agreement for the Egyptian and Iraqi markets with the company Enox Pharma AB will not be extended to 2023.

Calmark Sweden AB (publ) will participate in a delegation trip to India on November 28 – December 2 organized by Swecare, in collaboration with the Ministry of Health and Social Affairs, the Embassy of Sweden New Delhi, the Consulate General in Mumbai and Business Sweden. In connection with the delegation, a promotion tour will be made in the country together with the company's distributor r2 Diagnostics.

Calmark Sweden AB (publ) announced today that interim consultant Peter Larsson assumes the function as CFO, as current CFO Madeleine Skoglund leaves the Company at her own request. At the same time, it is announced that Anna Söderlund will be absent for some time on health grounds and that the Board of Directors today appointed Camilla Arneving as acting CEO.

Calmark Sweden AB (publ) (”Calmark” or the "Company") has carried out a rights issue of B-shares and warrants (“Units”) (“the Rights Issue”). The Rights Issue was completed on October 13, 2022. The Rights Issue was subscribed to 91.1 percent. Through the Rights Issue, the Company obtains approximately MSEK 23.8 before issue costs of approximately SEK 3.6 million. The Rights Issue is now final registered with the Swedish Companies Registration Office. The last day of trading in paid subscription units (BTU) is November 8, 2022. The record date is November 10, 2022; after this day, BTU will be converted to B-shares and warrants. The newly issued shares and warrants are expected to be delivered to the shareholders' securities deposit/vp-accounts on November 14, 2022. Trading of warrants of series 2022/2023 on Spotlight Stock Market will commence on November 14, 2022. The ISIN code for the warrants is SE0018535650 with short name CALMA TO 3 B.

The rights issue of SEK 26.1 million was made public on August 23, 2022 and approved by the extra general meeting on September 22, 2022 (the “Rights Issue”) in Calmark Sweden AB (publ) (“Calmark” or the “Company”) was subscribed to approximately 91.1 percent. Through the Rights Issue, the Company receives approximately SEK 23.8 million before issue costs.

Calmark Sweden AB (publ) announced today that representatives from the company will participate in a delegation trip to Rwanda on November 8-9 organized by Swecare, in collaboration with the Ministry of Foreign Affairs, the Ministry of Health and Social Affairs, the Embassy of Sweden in Rwanda and the Embassy of Rwanda in Sweden. Representatives from Calmark's distributor in Africa, VIA Global Health, will also participate in parts of the two-day program.

Calmark Sweden AB (publ) announced today that the Company is involved in a public procurement of bilirubinometers, initiated by Region Stockholm. If Calmark wins the tender, the estimated order value is approximately MSEK 2.5 over a period of four years. The delivery to the customer will be handled by a distributor.

Calmark Sweden AB (publ) (”Calmark” or the ”Company”) has prepared an EU growth prospectus (the ‘’Prospectus’’) related to the Company’s rights issue, which was made public on August 23, 2022 and resolved by the extraordinary general meeting on September 22, 2022 (the ”Rights Issue”). The Prospectus has now been approved by Swedish Financial Supervisory Authority and is now available at the Company’s website, www.calmark.se and will be published on Hagberg & Aneborn Fondkommission AB’s website, www.hagberganeborn.se.

Calmark Sweden AB (publ) announced today that the exclusive distributor agreement for the Swedish market with the company Triolab AB will not be extended.

The board of directors of Calmark Sweden AB (publ) (“Calmark” or the “Company”) has invited the shareholders to an extraordinary general meeting to be held on September 22, 2022, to resolve on the board's decision to issue units consisting of B shares and warrants with preferential rights for Calmark's existing shareholders (the “Rights Issue”). The record date for the Rights Issue is September 27, 2022. This implies that the last day for trading in the Company's B share with the right to participate in the Rights Issue is September 23, 2022, i.e., the day after the extraordinary general meeting.

Calmark Sweden AB (publ) announces today that the Company has received an order from the distributor in Saudi Arabia, Ajlan & Bros Holding Group Abilitii, covering the Calmark Neo platform and bilirubin tests. The economic value of today's order is of minor importance, but it is important from a launch perspective.

Calmark Sweden AB (publ) announces today that Madeleine Skoglund has been hired as the Company’s new CFO as of September 1. Madeleine will be part of Calmark's management team.

Calmark Sweden AB's test cassette for bilirubin has now been registered by the Vietnamese authorities. The instrument, POC- Analyzer Neo, obtained registration on August 10.

Calmark Sweden AB (publ) announces today that an order for 40 instruments and 3,000 test cassettes has been received from the Company's distributor in Vietnam, MTTS Co., Ltd, relating to the Calmark Neo-Bilirubin product. The instrument, POC- Analyzer Neo, has obtained registration in the country as disclosed on August 10. The test cassettes for bilirubin are expected to be registered shortly. Today’s order is of less economic importance, but highly significant in a launch perspective.

The board of directors of Calmark Sweden AB (publ) (“Calmark” or the “Company”) has today, conditioned by the Extraordinary General Meeting’s approval on September 22, 2022, decided on an issue of units consisting of shares and warrants with preferential rights for Calmark’s existing shareholders (“Rights issue”) of approximately SEK 26.1 million. The Rights Issue is covered by a maximum of 16,333,192 B shares and 4,083,298 warrants (units). The proceeds shall primarily finance sales and marketing efforts in connection with the commercialization of the Company’s products. About 80 percent of the Rights Issue is covered by subscription and guarantee commitments. The notice of the Extraordinary General Meeting will be published through a separate press release.

Calmark Sweden AB (publ) announces today that an order for 50 instruments and 2,000 test cassettes relating to the Calmark Neo-Bilirubin product has been received from the Company's distributor in India, r2 Diagnostics. The registration process in India for the products is ongoing and is anticipated to be completed shortly.

Calmark Sweden AB (publ) today announced an updated plan for its global launch of the product Calmark Neo-Bilirubin. The focus will be on the markets where distributor agreements have been signed, i.e. Southeast Asia, the Middle East, southern Europe and the Nordics. Certain countries in VIA Global's network will also be prioritized.

Calmark Sweden AB's instrument, POC-Analyzer Neo, has been registered by the Vietnamese authorities. The associated test, Neo-Bilirubin, is still under registration process and is expected to be approved during the month of August, according to Calmark's distributor MTTS. Registration of medical devices with the authorities is mandatory before the sales start.

Calmark Sweden AB (publ) today signed an exclusive distributor agreement with the company Ajlan & Bros Holding Group Abilitii regarding marketing and sales of Calmark's Neo products in Saudi Arabia. Through the new agreement, Calmark will have several partners in the Middle East, which will spread the risks and speed up the launch.

As part of the cooperation between Calmark Sweden AB and VIA Global Health, and in the context of the parties’ ongoing launch campaign in Africa, the Company announces today that a first demo order from Kenya has been received and is about to be delivered. Today’s order is of less economic importance, but highly significant in a launch perspective.

In early June, Calmark's Sales Director, Magdalena Tharaldsen, completed a three-week promotion tour to Vietnam. Together with the Company's distributor, MTTS Co., Ltd., she visited public and private hospitals. Calmark's bilirubinometer was demonstrated in seven different hospitals, and the clinical feedback collected is presented below.

Calmark Sweden AB’s Annual Report 2021 is now available also in English

Calmark Sweden AB (publ) announces today that the Company has received an additional order from the distributor in Italy, P.R.I.S.M.A. Srl (Prisma) covering the Calmark Neo platform.

To enhance transparency in respect of the launching and sales of Calmark’s products, the Company announces a modification of the communication policy.

Calmark Sweden AB announced today that the company's diagnostics for jaundice, Neo-Bilirubin, meets the characteristics for products in low-income countries, developed by the organization NEST360 in collaboration with UNICEF. The award shows that Calmark's product is efficient, affordable, robust and easy to use.

Calmark Sweden AB (publ) has today entered an exclusive distributor agreement with the company MTTS Co., Ltd regarding marketing and sales of Calmark's Neo products in the countries Vietnam, Cambodia and Laos. Through this agreement, Calmark expands its launch in Asia, where there is an extensive need for safe and effective diagnostics.

Calmark Sweden AB (publ) announces today that an order has been received from the Company's distributor in Greece, Prime Biosciences, for the Neo products. Today’s order is of less economic importance, but significant in a launch perspective.

Calmark Sweden AB (publ) has entered an exclusive distributor agreement with the company Prime Biosciences regarding marketing and sales of the Calmark POC system on the Greek market.

Calmark Sweden AB (publ) has received announcement from the US Patent Office ("USPTO") regarding a granted patent covering the Calmark POC system and the method of detecting a biomarker in, for example, blood. The patent number is 11255864 and it is valid until April 6, 2039. Advance notice of this was press released on December 8, 2021.

Anna Söderlund, CEO of Calmark Sweden AB (publ) has today signed the ‘Declaration of Conformity’ showing that Calmark has adapted the quality system and the technical documentation to comply with the new IVDR regulations. The documentation will now be sent to the Swedish Medical Products Agency. Compliance with the IVDR is a requirement to maintain the CE marking of existing products from May 26, 2022 onwards.

Calmark Sweden AB (publ) announces today that the clinical trial with the product Neo-Bilirubin, which commenced in September 2021 in cooperation with the research entity of the children's hospital Sachsska barn- och ungdomssjukhuset, Södersjukhuset AB, Stockholm, is now successfully completed. All patients have been included and all that remains now is to prepare the final report. Monitoring of the trial was conducted by Scandiavian CRO.

Calmark Sweden AB announced today that an exclusive distributor agreement has been signed with r2 Diagnostics in India regarding Calmark's test for newborns.

Calmark Sweden AB (publ) announces today that the Company has received an order from the distributor in Italy, P.R.I.S.M.A. Srl (Prisma) covering the Calmark Neo platform. The economic value of today's order is of minor importance, but it is important from a launch perspective.

Calmark Sweden AB announced today that it has resolved to re-prioritize resources, which entails that the timetable for the development project relating to Neo-LDH is updated; the product will not obtain CE marking before May 26.

Calmark Sweden AB announced today that an exclusive distributor agreement has been signed with P.R.I.S.M.A. Srl (Prisma) in Italy regarding Calmark's test for newborns.

Calmark Sweden AB (publ) announces today that the development project for the Company's product for newborns, Neo-LDH, is now progressing to verification and validation. This phase, which is one of the final elements of the process, is estimated to last for approximately two months. When it is completed, regulatory documentation will be compiled in order to achieve the CE Mark approval.

Calmark attends Stockholm Corporate Finance 14th Life Science seminar that will be held on March 8 - 9, 2022. The event is carried out both physically at IVA in Stockholm and digitally in real time. CEO Anna Söderlund presents the latest developments and the future prospects for the company at 10:00 on March 9. The presentation is held in Swedish.

Calmark Sweden AB (publ) announces today that the Company has received an order from the distributor in the United Arab Emirates (UAE), Enox Pharma AB, covering both the Calmark Neo platform and Calmark Covid platform. The economic value of today's order is of minor importance, but it is important from a launch perspective.

Calmark Sweden AB has hired Liana Rikberg for the role as Supply Chain Coordinator in order to strengthen its team for the global launch. Liana will take up position on January 10, 2022.

Calmark Sweden AB (publ) (“Calmark” or ”the Company”) has carried out a rights issue of B shares to an amount of approximately MSEK 24.9 (“the Rights Issue”). The Rights Issue was completed on November 23, 2021. The Rights Issue was subscribed to 137.3 percent.

Calmark Sweden AB (publ) announces today that the US Patent Office ("USPTO") has issued a Notice of Allowance regarding Calmark's POC system.

Calmark Sweden AB (publ) announces today that the company has contracted Firyal Kryou as interim CFO and member of the management team. She will take up the role today, December 1, 2021.

The Rights Issue of approximately MSEK 24.9 in Calmark Sweden AB (publ) (“Calmark” or "the Company”), which was announced on 22 October 2021, (“the Rights Issue”) was oversubscribed. The final subscription rate of the Rights Issue was 137.3 percent. The Rights Issue provides the Company approximately MSEK 24.9 in proceeds before issuance costs.

The preliminary outcome of the rights issue in Calmark Sweden AB (publ) (“Calmark” or “the Company”), the subscription period of which ended at 3:00 p.m. today, 23 November 2021, indicates a subscription rate of 137.2 percent. Through the rights issue, Calmark will receive the maximum amount of MSEK 24.9 before issuance costs, approximately MSEK 2.5.

Calmark Sweden AB (publ) announces today that the directed issue of 388,936 B shares to Gainbridge Capital now has been registered. The issue was carried out at a subscription price of SEK 5.40 per B share, raising approximately MSEK 2.1 before issuance costs and increasing the share capital by SEK 38,893.60.

The Board of Directors of Calmark Sweden AB (publ) (“Calmark” or “the Company”) announces today that the information memorandum in view of the Company's previously announced rights issue (“the Rights Issue”) has been approved by Spotlight Stock Market. The information memorandum and other relevant information will be made available on the Company’s website, www.calmark.se, on Hagberg & Aneborn Fondkommission AB’s website, www.hagberganeborn, and on Spotlight Stock Market’s website, www.spotlightstockmarket.com.

Calmark attends the digital event Redeye Life Science Day 2021 that will be held on November 11. CEO Anna Söderlund presents the latest developments and the future prospects for the company at 11:20. The presentation is held in Swedish and will be broadcast live.

Analyst firm Redeye has today published a research update: "Calmark: Untapped Potential".

Calmark Sweden AB (publ) announces today that the publication of the interim report for the third quarter of 2021 will be further brought forward to 29 October.

The Board of Directors of Calmark Sweden AB (publ) (“Calmark” or the “Company”) has, on the authority of the Annual General Meeting of 18 May 2021, resolved on a rights issue of not more than 4,611,064 B shares, with preferential rights for existing shareholders in Calmark (the “Rights issue”). The Company has obtained subscription commitments corresponding to approximately 54 percent of the Rights Issue from, inter alia, Wingefors Invest AB and Creades AB (via capital insurance), as well as guarantee commitments corresponding to approximately 26 percent of the Rights Issue from Gainbridge Capital AB (“Gainbridge Capital”) and a number of existing owners. In total, the subscription and guarantee commitments correspond to approximately 80 percent of the Rights Issue. Provided that the Rights issue is fully subscribed, the Company will raise proceeds of approximately MSEK 24.9 before issuance costs. In addition, the Board of Directors of Calmark has, on the authority of the Annual General Meeting of 18 May 2021, resolved on a directed issue of 388,936 B shares to Gainbridge Capital, corresponding to approximately MSEK 2.1 (the “Directed Issue”). In view of the new share issues, Calmark advances the publication of the interim report for the third quarter to 5 November 2021.

Calmark Sweden AB (publ) (“Calmark” or “the Company”) announces today that it will intensify efforts in relation to the market launch in India, and that the potential is considered to be significant. The Company has supplied India with instruments and COVID19-LDH tests in view of a possible procurement.

Calmark Sweden AB (publ) announces today that the Company has received an order from the distributor in Switzerland, LabForce AG, covering the Calmark Neo platform and bilirubin tests. The economic value of today's order is of minor importance, but it is important from a launch perspective.

Calmark Sweden AB (publ) announces today that a new clinical study regarding Neo-Bilirubin has been started in cooperation with the research unit at children's hospital Sachsska barnsjukhuset, part of Södersjukhuset AB, Stockholm.

Calmark Sweden AB (publ) announces today that the Company has received an order from the distributor in Egypt, Enox Pharma AB, covering the Calmark Neo platform and bilirubin tests. The economic value of today's order is of minor importance, but it is important from a launch perspective.

Calmark Sweden AB (publ) announces today that the Company has received an order from the distributor in Iraq, Enox Pharma AB, covering the Calmark Neo platform and bilirubin tests. The economic value of today's order is of minor importance, but it is important from a launch perspective.

Calmark Sweden AB's instrument, used to measure LDH levels in COVID-19 patients, has been registered by the Indian authorities. Associated tests are still under registration process. Registration of medical devices is mandatory before the sales start.

Calmark Sweden AB (publ) announces today that all the steps in the process validation of the fully automated production line have been completed and the first batches of test cassettes produced with good results.

Calmark Sweden AB’s Annual Report 2020 is now available also in English

Calmark Sweden AB (publ) has entered an exclusive distributor agreement with the company r2 Hemostasis Diagnostics India Private Ltd regarding marketing and sales of the Calmark POC - Covid platform in the Indian market.

Calmark Sweden AB (publ) announces today that the Company has received an order from the distributor in Jordan, Alpha Tech Est., covering the Calmark Neo platform and bilirubin tests.

Calmark Sweden AB (publ) announces today that an order has been received from the Company’s Italian distributor P.R.I.S.M.A. Srl (Prisma).

Calmark Sweden AB (publ) announces today that the new production line has passed the Factory Acceptance Test (FAT), and the FAT protocol has been signed. This means that the line is now completed and will be moved from Automationspartner in Ramlösa to Calmark’s production partner Frohe AB in Tyresö.

Calmark Sweden AB (publ) announces today that new clinical trials in cooperation with the research unit at the children's hospital Sachsska barnsjukhuset, part of Södersjukhuset AB, Stockholm, will not be able to start in the coming months. The reason is that resources must be re-prioritized due to the situation with COVID-19. Further notice is expected.

Calmark Sweden AB (publ) announces today that the product Calmark COVID19-LDH has obtained its CE marking in accordance with the IVD directive. The product is now ready for sale and use in healthcare, including in the EU.

Calmark Sweden AB today announces that the board member and co-founder Mathias Karlsson, through his company Valetudor Development AB, has transferred 113,334 Series B shares to Wingefors Invest AB to settle loans. The price per share amounts to SEK 7.50, a total of SEK 850,005 for all the shares. The loans were raised by Mathias Karlsson to acquire Calmark shares in connection with the 2018 listing on Spotlight Stock Market.

Calmark Sweden AB announces today that the timetable for the development project related to the product COVID19-LDH has been updated. The CE marking of this POC test will take place one to two weeks later than previously disclosed.

Calmark Sweden AB (publ) has today entered an exclusive distributor agreement with the company Enox Pharma AB regarding marketing and sales of Calmark's products in the countries Egypt, Iraq, Bahrain, Saudi Arabia and the United Arab Emirates. Through this agreement, Calmark expands its launch in the MENA region, where there is an extensive need for safe and effective diagnostics.

As a company that has recently entered the Chinese market, Calmark will share its experiences, tips and tricks so far, at the third China webinar hosted by the Swecare Foundation. The webinar will be held on 18 March at 8:30.

Calmark Sweden AB has hired Maria Zavodnik for the role as Sales and Marketing Coordinator in order to strengthen its team for the global launch. Maria will take up position on March 24, 2021.

Calmark Sweden AB (publ) announces today that the registration of the subsidiary in mainland China has been approved by local authorities. The name of the new company is 凯曼克医疗器械（无锡）有限公司 (Calmark Med-tech (Wuxi) Limited company).

Calmark Sweden AB (publ) announces today that the development project for the Company's product COVID19-LDH now moves to verification and validation. This phase is one of last steps in the process, with an estimated duration of approximately five weeks. Thereafter, the product will move into production, and CE mark certification can take place.

Anna Söderlund, CEO at Calmark will participate at Swiss Nordic Bio 2021, which will be held in digital format with more than 300 participants and 100 investors. The event will be live streamed and 1-to-1 meetings will be held virtually.

Calmark Sweden AB has hired Annika Kaisdotter Andersson for the role as International Quality Manager in order to strengthen its QA/RA capabilities. Annika is currently working as Global Head of Quality Assurance in the ABB group. She will work on Calmark’s quality management system and product registrations together with Michael Lundh, who joined the team last summer.

Calmark Sweden AB (publ) (“Calmark” or “the Company”) carried out a rights issue of shares and free-of-charge warrants during November 2019. The exercise period of the Series TO 2 B subscription warrants was between December 4, 2020, and December 16, 2020, and thus has ended. In total, 2,408,005 TO 2 B warrants were used to subscribe for shares, corresponding to an exercise rate of approximately 98.1 percent.

Calmark Sweden AB (publ) has entered an exclusive distributor agreement with the company LabForce AG regarding marketing and sales of the Calmark POC system on the Swiss market.

The exercise period of the Series TO 2 B subscription warrants issued in connection with the rights issue of units that Calmark Sweden AB (publ) carried out during November 2019 runs until and including December 16, 2020. The last day of trading in Series TO 2 B subscription warrants on Spotlight Stock Market is December 14, 2020. Holders of Series TO 2 B subscription warrants are entitled, for each warrant, to subscribe for one new B share in Calmark at a price of SEK 4.44 per B share. On full exercise of all Series TO 2 B subscription warrants, 2,455,560 new B-shares will be issued, and Calmark will raise approximately MSEK 10.9 before issuance costs.

Calmark Sweden AB (publ) has entered an exclusive distributor agreement with the company ILS Danmark regarding marketing and sales of the Calmark POC system on the Danish market. The agreement provides Calmark with an additional well-established partner on the important domestic market.

Calmark Sweden AB (publ) has entered an exclusive distributor agreement with the company Bergman Diagnostika AS, part of the Triolab Group, regarding marketing and sales of the Calmark POC system on the Norwegian market. The agreement provides Calmark with an additional well-established partner on the important domestic market.

Calmark Sweden AB has carried out a certification of its quality management system in accordance with ISO 13485:2016. Review and certification were conducted by RISE Research Institutes of Sweden AB.

The Board of Directors of Calmark Sweden AB ("Calmark" or "the Company") has, conditional on the approval of the Extraordinary General Meeting and in accordance with what was disclosed in the Company's press release earlier today, resolved to conduct a directed new issue of 5,000,000 shares at a subscription price of SEK 5.30 per share ("the Directed Issue"). The Directed Issue was subscribed by a number of existing and external private investors and family offices, including Wingefors Invest AB and Creades AB.

Calmark Sweden AB ("Calmark" or "the Company") has instructed Erik Penser Bank to explore the feasibility of carrying out a directed new issue of approximately SEK 20 million (the “Directed issue”) by means of an accelerated book building process ("the Book Building Process"). The Directed Issue will be conditional on the subsequent approval of an extraordinary general meeting, which is planned to be held on December 23, 2020.

Today, on December 7, 2020, Calmark Sweden AB (publ) ("Calmark") announces that persons on Board of Directors, executive management and major owners have made statements of intent to exercise their respective subscription warrants. The statements cover the subscription of approximately 911,548 shares at a subscription price of SEK 4.44, corresponding to approximately MSEK 4,047,273.12. This means that the exercise of about 37 percent of the warrants now has been pre-agreed through declarations of intent.

During November 2019, Calmark Sweden AB (publ) ("Calmark" or "the Company") carried out a rights issue of units, consisting of shares and series TO 2 B subscription warrants. On Friday, December 4, 2020, the exercise period for the series TO 2 B subscription warrants begins. The subscription period will continue until December 16, 2020.

Calmark Sweden AB announced today that an exclusive distributor agreement has been signed with P.R.I.S.M.A. Srl (Prisma) in Italy. The agreement covers Calmark's test for assessment of COVID-19 disease severity and contains a minimum contract volume of EUR 457 500. The test, "Calmark COVID-19-LDH", is under development and is projected to obtain its CE mark approval during the first quarter of 2021, after which it will be ready for sale.

Calmark Sweden AB today announced that an agreement regarding distribution of the Company's products has been signed with the U.S. company VIA Global Health, which specializes in distribution of medical devices in low- and middle-income countries. The agreement entails that Calmark's products can reach out to countries in, e.g., Africa and South America sooner than anticipated, and more cost-efficiently.

Calmark Sweden AB today announced that a new decision has been made regarding the location of the Company's office in mainland China. Following financial negotiations, the alternative to locate the office to Wuxi, outside Shanghai, appears more advantageous than the previously disclosed location, the Greater Bay Area.

Calmark attends the digital event Redeye Life Science Day 2020 that will be held on November 26. CEO Anna Söderlund presents the latest developments and the future prospects for the company at 9:30. The presentation is held in Swedish and will be broadcast live.

Analyst firm Redeye has today published the report "Calmark: Diagnosing the New Generation".

Calmark Sweden AB has hired Michael Lund who will assume position as Quality Assurance and Regulatory Affairs Director, a role which he has held on a consultancy basis since 2016. Michael is part of Calmark's management team and is responsible for project management and quality assurance of the product development, as well as certification and registration of the products in different markets.

Clarification: Calmark Sweden AB's press release from today at 14:00 regarding order from Triolab Finland is of strategic importance as it shows that Calmark's distributor has now started demonstrations and active sales work. The economic value of the order is of minor importance.

Calmark Sweden AB has today received an order for the Calmark Neo platform, comprising Calmark's instrument as well as tests for bilirubin. The order was placed by Triolab Oy, which is Calmark's exclusive distributor in Finland, Lithuania, Latvia and Estonia.

Calmark Sweden AB today announces that the Company's subsidiary in Hong Kong has been registered. Calmark Hongkong Limited is a wholly-owned subsidiary of the Swedish company. The effort to establish a subsidiary in mainland China continues.

An exploratory review has led Calmark to the conclusion that the Greater Bay Area will be the most suitable location for Calmark's subsidiary in mainland China. The city of Guangzhou, situated as it is and harboring a cluster of MedTech companies, has now been selected for the next phase.