As previously disclosed, a decision was adopted on April 16 to bring forward the investment in expanded production capacity in order to accelerate the production of higher volumes and significantly reduce the manufacturing cost per unit. The Company has concluded an agreement with SEB, Skandinaviska Enskilda Banken AB (publ), relating to leasing of the production equipment.
The agreement concluded with Automationspartner today comprises all the machinery required for automation of the remaining manual stages of the manufacturing process. The equipment will be installed at Calmark's production partner, Frohe AB in Tyresö. Following the implementation, production capacity will increase thirteenfold compared with current levels.
"I am delighted that we have reached this agreement with Automationspartner, which will give us a dramatic improvement of production capacity and a much more cost-efficient production of our single-use tests as early as next year," says Anna Söderlund, CEO of Calmark. "This offers us a good position to succeed with the global market launch of our products that we now are getting underway."
Every care has been taken in the translation of this document. In the event of discrepancies, the Swedish original will supersede the English translation.