I-Tech AB Logo

I-Tech AB

Develops and sells a biotechnology agent to prevent barnacle growth on ship hulls.

ITECH | ST

Overview

Corporate Details

ISIN(s):
SE0011167725
LEI:
5493006L8302F0JKRN75
Country:
Sweden
Address:
Förändringens gata 10, 431 53 Mölndal

Description

I-Tech AB is a biotechnology company that develops, markets, and sells the active agent Selektope® for the marine coatings industry. Selektope® is an organic, non-metal compound used as a performance ingredient in antifouling paints applied to ship hulls. The technology's primary function is to prevent the settlement of barnacle larvae through a repellent effect, which temporarily stimulates the larvae's swimming behavior. This mechanism keeps the hull free from barnacle growth, which helps maintain vessel efficiency, reduce fuel consumption, and lower associated emissions. The company owns the intellectual property and regulatory rights for its technology and supplies it to paint manufacturers worldwide.

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Insider Transactions

Date Insider Name Position Type Shares Value
2024-11-21 Tomas Bergdahl Other Buy 2,337 106,169.91 SEK

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