Prostatype Q1: The launch is advancing despite limited access to growth capital

Research Note

2023-05-31

10:01

Prostatype recorded SEK 0.4m in sales in the first quarter. During this period, Prostatype continues to progress in the US, where the next step is to sign a certified partner. In Europe, the company has secured partners in the Nordics and the Iberian peninsula (Spain and Portugal). Prostatype closed a new share issue amounting to SEK 24m before costs in May. We are updating our base case reflecting the recent right issue and an updated outlook.

JU

Johan Unnerus

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