Major Shareholding Notification • Mar 29, 2015
Major Shareholding Notification
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March 29, 2015 Announcement no. 8
Today, BioPorto has received notice that BioPorto's Board of Directors has received shareholder proxies to vote at BioPorto's Annual General Meeting on April 10, 2015. BioPorto's Board of Directors will hereinafter control 20, 26% of the shares and voting rights in BioPorto A/S.
After the Annual General Meeting the proxies will expire and BioPorto's Board of Directors will thereafter control under 5% of the shares and voting rights in BioPorto A/S.
Gry Husby Larsen, Legal Counsel
Telephone +45 4529 0000, e-mail [email protected]
Every year about 13 million people are struck by acute kidney injury worldwide, of whom about 4 million die. Nevertheless, there has been no real progress in methods of diagnosing kidney injury over the last half century. Existing methods, such as serum creatinine determination, only signal kidney failure 24-72 hours after the injury has taken place. In contrast, NGAL rises to diagnostic levels within a few hours of kidney injury and thus enables the physician to make vital clinical decisions before the damage progresses to potentially fatal renal shutdown. In addition to helping the patient, cost-benefit analyses show that implementing NGAL testing will contribute to reducing hospital costs in the management of kidney injury and its consequences.
BioPorto Diagnostics A/S is an in-vitro diagnostics company that provides healthcare professionals in clinical and research settings a range of diagnostic tests and antibodies. Our pioneering product portfolio includes assays for underserved disease states such as NGAL for acute kidney injury. We sell our products in more than 80 countries through diverse sales channels and partners. BioPorto has its headquarters in Copenhagen, Denmark and is listed on the NASDAQ Copenhagen stock exchange.
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