03 Sep, 2018 · In News
03 Apr, 2019 · In Press Releases
World’s first soft robotic muscle strengthening system. Developed in collaboration with leading Fortune 500 companies
24 Aug, 2018
Second quarter in figures
First half-year in figures
* Adjusted for 5:1 stock split in March 2017
Significant events during the period
Events after the end of the period
CEO Erik Landgren comments on the second quarter of 2018
The second quarter of the financial year proceeded as planned and we noticed a continued growing interest in Ironhand, Bioservo’s soft extra muscle robotic system for professional users, following the launch at the end of the first quarter. We have continued to adapt the organisation for the increase in sales that will commence in the second half-year by outsourcing production to a partner during the year, and by strengthening the organisation in sales and marketing, and in development. Sales rose 167% during the quarter, mainly driven by strong sales performance for the Carbonhand medical device in Sweden, Norway and Germany.
Kista, August 24, 2018
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Note This information is such as is required by Bioservo Technologies AB under the EU Market Abuse Regulation and the Securities Market Act. The information was submitted, through the care of the above person, for publication on August 24, 2018 at. 08:30.
Bioservo Technologies in brief
Bioservo Technologies (publ) is a technology and development company that combines medical science with modern robotics. The company holds a leading global position within soft exoskeleton technology – wearable non-invasive devices – for people in need of extra power to optimise the body’s endurance and performance, or for people with reduced muscle strength.
After many years of research and development, Bioservo Technologies is now focused on a commercialisation of the company’s products and patented technologies. The gloves are well-suited to medical rehabilitation, and to preventive use by healthcare professionals. The company has signed strategic cooperation agreements with several multinational companies within e.g. the automobile, aviation as well as the construction and infrastructure industry.
Bioservo Technologies was founded in 2006 through a collaboration between researchers at the Royal Institute of Technology and doctors at Karolinska University Hospital in Stockholm. Bioservo Technologies is a Swedish public limited company with its headquarters and operations based in Kista, north of Stockholm.
For more information, please visit www.bioservo.com
FNCA Sweden AB is Bioservo’s Certified Adviser.