Moss, 15 June 2023

Gentian Diagnostics ASA, a fast-growing developer and manufacturer of diagnostic
tests, is pleased to announce that it has entered into an agreement to acquire
Getica AB from Erling Sundrehagen. Getica AB, located in Gothenburg Sweden, is
currently offering antibody purification services exclusively to Gentian
Diagnostics and is also a provider of diagnostics research & development
services. The company currently has five employees.

With this acquisition, Gentian Diagnostics will secure critical production
competence in an essential step in the manufacturing process and realize
operational gains estimated to be approximately NOK 2.0 million from 2024. In
addition, Gentian Diagnostics will gain access to unique R&D capabilities. 

Under the agreement, Gentian Diagnostics will pay a cash consideration of SEK
3.0 million for Getica AB and closing is expected to take place in early July.  


IR contact:

Njaal Kind, CFO and COO
njaal.kind@gentian.no 
+47 919 06 525 (mobile)