Prostatype Genomics
Prostate cancer is one of the most common forms of cancer and approximately 1.3 million men are diagnosed annually. Prostatype Genomics AB specializes in the development, manufacturing, and marketing of the prognostic genetic test Prostatype®. Prostatype® is a genetic test that provides a comprehensive assessment of the aggressiveness of prostate cancer.
The Prostatype prognostic gene test helps doctors and patients make correct treatment decisions for individuals with prostate cancer. By minimizing over- and under-treatment, the quality of life for patients can be improved and resources can be saved within healthcare.
Using prostate tissue from the biopsy obtained at the time of diagnosis (i.e. no new sampling of the prostate is needed), the Prostatype® test system combines gene expression information from three stem genes with currently used clinical parameters (PSA, Gleason Score, and Tumor Stage) and calculates the so-called P-score, which shows the risk of dying from prostate cancer.
On 23 September 2024 the Board of Directors of the Company called for an Extraordinary General Meeting on 22 October 2024 to conclude on a reverse split of the share with 1000:1 and a reduction of the share capital. Please find the notice and other related documents here: https://www.prostatypegenomics.com/corporate-governance/general-meetings/
Also please find below our FAQ on the reverse split and its effect on current shares and warrants:
FAQ reverse split shares warrants etc.
FAQ sammanläggning aktier optioner och minskning aktiekaptial