2.55
+6.69%
Close of 9 Nov 2026, in NOK
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About Arctic Bioscience AS
Its shares trade on Oslo Børs under the ticker ABS.OL. It has been listed since 24 February 2021. In the fiscal year to 31 December 2025, it reported revenue of NOK 40.1m and a net loss of NOK 41.0m. At that date it held total assets of NOK 284.7m and shareholders' equity of NOK 173.5m.
Arctic Bioscience AS engages in the development, manufacturing, and marketing of marine ingredients extracted from herring roe. The company is headquartered in Orsta, More Og Romsdal. The company went IPO on 2021-02-24. Arctic Bioscience’s purpose is to provide people with autoimmune disorders an effective and healthy therapy based on marine membrane lipids. The firm is developing HRO350 - a novel investigational drug candidate. HRO350 is being developed for treatment of patients with mild-to-moderate psoriasis. The firm's product portfolio includes, among others, Romega, which is a producer of an omega-3 dietary supplement made from herring roe in a form of a capsule, as well as herring caviar oil and herring caviar protein offered to Business-to-Business (B2B) customers. Arctic Bioscience AS has three subsidiaries Arctic Nutrition AS, Romega AS and Arctic Biopharma AS.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Health Care
- Industry
- Biotechnology
- Listed since
- 24 Feb 2021
- Website
- arctic-bioscience.com ↗
Leadership
Pay as last reported
- Harald NordalChairman of the Board
- Mr. Christer ValderhaugChief Executive Officer
- Mr. Jone SlinningChief Financial Officer
- Per SaeboChief Operating Officer
- Daniele MancinelliChief Technology Officer
- Anders BlindheimChief Marketing Officer
- Mr. Hu CaoDirector
- Mr. Per EggesboDirector
- Ms. Marita HolstadDirector
- Mr. Asbjorn SolvagseideDirector
- Mr. Tore TonsethDirector
- Mr. Jan VartdalDirector
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Arctic Bioscience AS develops marine ingredients from herring roe for autoimmune therapy.
- HRO350 is a novel drug candidate for mild-to-moderate psoriasis treatment.
- Romega produces omega-3 dietary supplements from herring roe capsules.
Weaknesses
- Arctic Bioscience AS has no manufacturing facilities in Norway.
- The company relies on herring roe extraction for all product lines.
- Arctic Bioscience AS has limited market presence in the Health Care sector.
Opportunities
- Arctic Bioscience AS can expand HRO350 trials to other autoimmune disorders.
- The growing demand for omega-3 supplements supports Romega's market growth.
- Herring caviar oil and protein offer B2B opportunities in the Food Industry.
Threats
- Herring roe supply chain disruptions could affect product availability.
- Regulatory changes in the Health Care sector may delay HRO350 approval.
- Competition from other marine ingredient suppliers in the Biotechnology industry.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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