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Regulatory press release

Paxman publishes newsletter on the world’s first biological evidence of how scalp cooling works to protect human hair follicles

Paxman
Download the release

Today, Paxman publishes the February issue of its newsletter aimed at shareholders, investors and other interested parties.

This issue highlights the recently published world’s first biological evidence of how scalp cooling works to protect human hair follicles from chemotherapy, based on research at Paxman Scalp Cooling Research Centre at the University of Huddersfield. This breakthrough research is a significant step forward for the understanding of how scalp cooling works, and it is already being used to further improve Paxman’s scalp cooling towards achieving the company’s ‘zero hair loss’ vision.

The newsletter also includes information on Paxman’s recently conducted directed share issue of 59 MSEK, planned installs at 20 locations in the USA in Q1 and Q2 in addition to upcoming installs already presented in the January issue of the newsletter, and that the company is recruiting to strengthen its presence in the key markets Europe and India.

To read the newsletter and subscribe for upcoming issues, follow this link:

http://bit.ly/paxfeb21en

PAXMAN’s investor newsletter is published monthly as a part of the company’s effort to strengthen its market communication together with the IR communication agency Honeybadger. Every published issue of the newsletter is available on PAXMANs website for investors, www.paxman.se. The company encourages feedback and requests on topics for upcoming issues of the newsletter.

Contacts


Richard Paxman, CEO
Tel: +44 7968 020641
Email: richard@paxmanscalpcooling.com
www.paxman.se

About Us


The Paxman Scalp Cooling System has been developed by the Paxman family to reduce hair loss in breast cancer patients undergoing chemotherapy. The concept behind the system came when the mother of four, Sue Paxman, experienced first-hand the trauma of chemotherapy-induced hair loss. With close to 3,500 systems delivered in to hospitals, clinics and treatment centres around the world, PAXMAN is the leading supplier of Scalp Cooling technology. PAXMAN’s scalp-cooling cap is made from lightweight, biocompatible silicone that is soft and flexible, providing a snug yet comfortable fit during treatment. PAXMAN AB (publ) has its headquarters in Karlshamn (Sweden), with subsidiaries in Huddersfield (UK) and Houston, Texas (US).

The PAXMAN share is listed on Nasdaq First North Growth Market. FNCA Sweden AB is the company’s Certified Adviser and can be contacted via info@fnca.se and +46 (0)8 528 003 99.

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Paxman publishes newsletter on the world’s first biological evidence of how scalp cooling works to protect human hair follicles

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