Atle Acquires Holdings in Aneo AB.Business Editors STOCKHOLM, Sweden--(BUSINESS WIRE)--April 26, 2001 Atle's 50%-owned venture capital fund Kompanjonfond is acquiring 17% of the shares in Aneo AB. This transaction will be effected through a SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 14.7 m new issue. Aneo AB of Marsta, Sweden, develops and markets intravenous anaesthesia anaesthesia anesthesia. equipment; general anaesthetic general anaesthetic Noun a substance that causes general anaesthesia See anaesthesia Noun 1. general anaesthetic - an anesthetic that anesthetizes the entire body and causes loss of consciousness equipment for intravenous administration during surgery. Aneo's technology-involving sedation Sedation Definition Sedation is the act of calming by administration of a sedative. A sedative is a medication that commonly induces the nervous system to calm. Purpose The process of sedation has two primary intentions. and pain relief through continuous monitored drug administration-is called TIVA TIVA Total Intravenous Anesthesia TIVA Technician Information Verifying Agency (American Association of Veterinary State Boards) TIVA Thermal Induced Voltage Alteration (defect analysis for integrated circuits) (total intra-venous anaesthesia). The technology has emerged in recent years alongside conventional gas anaesthesia, with development undertaken in hospital anaesthesia clinics through various ad hoc For this purpose. Meaning "to this" in Latin, it refers to dealing with special situations as they occur rather than functions that are repeated on a regular basis. See ad hoc query and ad hoc mode. adaptations of gas anaesthesia apparatus. TIVA offers a wealth of advantages over conventional gas anaesthesia, advantages that are significantly amplified by Aneo's equipment being constructed specifically for TIVA. The advantages include less post-operative complications, an improved and safer working environment for medical staff and reduced total costs for the healthcare sector. Aneo was incorporated in 1998 by its co-founders, headed by Stefan Stromberg, who own Aneo alongside Centrecourt AB and its network. The new issue totals some SEK 25 m, of which existing owners will underwrite about SEK 10 m. Aneo's TIVA equipment is scheduled for production and sales start in late 2001. Gunnar Gredenman, of Atle Foretagskapital, commented: "It's astonishing a·ston·ish tr.v. as·ton·ished, as·ton·ish·ing, as·ton·ish·es To fill with sudden wonder or amazement. See Synonyms at surprise. that a sedation technique can emerge and gain such widespread usage without any especially user-friendly apparatus being available. Aneo's TIVA equipment will meet a substantial need." Pehr-Johan Fager, Chief Executive of Aneo AB, responded: "Developing Aneo's TIVA equipment feels very stimulating because it serves a burgeoning niche, which for a variety of reasons, has found a gap between the major players. With Atle AB as a financially solid partner, we now have a very stable foundation to continue Aneo's evolution." ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/04/26/20010426BIT00280/bit0002.doc http://www.bit.se/bitonline/2001/04/26/20010426BIT00280/bit0002.pdf |
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