Medirätt ideally positioned for its journey to market

July 11, 2018
Deep Talk med VP and Head of Sales Klas Arvidson, Medirätt

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MediRätt – In the interview, Head of Sales Klas Arvidson tells us about the roadshow in the spring, the recent acquisition of Sensec and how other strategic collaborations with companies like Raytelligence will significantly accelerate the commercialisation phase

Deep Talk takes an in-depth look at companies’ business to give shareholders a clearer picture of their operating activities. In this interview, we talk to Klas Arvidson, Deputy CEO and Head of Sales at MediRätt, who tells us what measures and strategic cooperation the company is undertaking to get its product to market

The company

MediRätt was formed in 2008 by Göran Sjönell and Sten Röing. It floated on Aktietorget in 2011, now trades on Nasdaq First North Premier and has its sights set on moving to the main Nasdaq Small Cap index by late 2018/early 2019. Sensec Personlig Säkerhet was originally a business area within the Sensec Group that was publicly listed in 2017

The product

A subscription to the Dosell system comprises a device, an app and a cloud service that issues an alarm if the person concerned does not take their medication on time. Sensec has different types of alarms, including personal alarms, security alarms and fall alarms for the elderly

Sales

The acquisition of Sensec Personlig Säkerhet, which has contracts with 90 municipalities and experience of public procurement tendering, will help speed up the process of getting their product to market as soon as it is ready

The potential

The use of dosed drugs is increasing around the world as it is a secure way of distributing medication. The market potential for MediRätt in Sweden is around 300,000 people who take medication daily and would need the Dosell product. With regard to Sensec Personlig Säkerhet, there is significant need for their various alarm services

Share price

Listed on Nasdaq First North Premier under the ticker MEDR B and trading at 6,60 kr (20180711)

More information

If you want to know more about the company and receive up-to-date information on the companies being interviewed, contact us by email at info@corneliapr.com or by joining Facebook-group Global Investors VIP

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