---
title: Transfer of shares to Oslo Børs approved, prepared for accelerated growth
description: Transfer of shares to Oslo Børs approved, prepared for accelerated growth
---

Moss, 23.06.2021

Gentian Diagnostics ASA, a fast-growing developer and manufacturer of innovative  
and efficient diagnostics for better treatment decisions, today was informed  
that the Oslo Stock Exchange has approved the company’s application for transfer  
of its shares to Oslo Børs from Euronext Growth. Reference is made to the  
announcements 7 May 2021 regarding the application by Gentian for listing of its  
shares on Oslo Børs.

”We made a promise to our shareholders when we were listed on Euronext Growth  
that we would aim for the main list when the company had matured. I’m pleased  
that we now have achieved this milestone, and that we have access to a  
high-quality investor base as we work towards our ambitious targets of long-term  
growth and value creation,” says Hilja Ibert, CEO of Gentian Diagnostics.

In an updated investor presentation published 18 June 2021, the company outlined  
the market potential and roadmap for its portfolio of high-impact diagnostic  
tests. The long-term ambition is to generate an estimated annual revenue of NOK  
1 billion in 5-7 years, up from NOK 79 million in 2020.

Gentian’s portfolio of diagnostic tests contributes to early disease detection  
and faster availability of clinically relevant information, which lead to better  
treatment decisions. In addition, they contribute to improve laboratory  
productivity and cost-efficiency by leveraging PETIA technology, which enable  
3-10x higher throughput than traditional immunoassay platforms. The tests target  
several large and growing disease areas such as infections and inflammation,  
kidney failure and congestive heart failure. Gentian has four established  
products, one product in market development, and two products in development  
with launches scheduled for Q4 2021 and Q1 2022, respectively. Gentian also has  
three undisclosed biomarkers in exploration and ‘proof of concept’ phases.

“We have a diversified portfolio of tests, providing a solid foundation for  
growth and value creation. To deliver on our ambition, we aim to bring one  
additional product to market per year and expand market access through achieving  
additional regulatory approvals and commercial partners,” says Ibert.

The company has the pleasure of inviting to a virtual presentation on Thursday  
24 June 2021 at 10:00-11.00 am CEST. Gentian’s CEO Hilja Ibert, CSO Erling  
Sundrehagen and CFO Njaal Kind will present the company followed by a Q&A  
session. Join the online presentation via the following link:

[https://streams.eventcdn.net/gentian/company-presentation/](https://streams.eventcdn.net/gentian/company-presentation/) 

For further information, please contact:  
Hilja Ibert, CEO  
[hilja.ibert@gentian.no](mailto:hilja.ibert@gentian.no)   
+47 919 05 242 (mobile)

Njaal Kind, CFO  
[njaal.kind@gentian.no](mailto:njaal.kind@gentian.no)   
+47 919 06 525 (mobile)

About Gentian Diagnostics  
Gentian Diagnostics (OSE: GENT), founded in 2001, develops and manufactures  
high-quality, in vitro diagnostic reagents. Gentian’s expertise and focus lies  
within immunochemistry, specifically infections, inflammations, kidney failures  
and congestive heart failures. By converting existing and clinically relevant  
biomarkers to the most efficient automated, high-throughput analysers, the  
company contributes to saving costs and protecting life. Gentian is based in  
Moss, Norway, serving the global human and veterinary diagnostics markets  
through sales and representative offices in Sweden, USA and China. For more  
information, please visit [www.gentian.com](https://www.gentian.com). 

**More information:**  
[Access the news on Oslo Bors NewsWeb site](https://newsweb.oslobors.no/message/536673)

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