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Redwood Pharma AB
Ringvagen 100 E 9Th Floor
STOCKHOLM, 11860  Sweden

Filed for Bankruptcy on 7/28/2024
On 7/28/2024, The Board of Directors of Redwood Pharma Aktiebolag announced the filing of a Bankruptcy Application with the Stockholm District Court. The reason for the Bankruptcy Filing is that, despite intensive work in 2024, Redwood Pharma has not found a sound and workable solution for its strained financial situation in the short and medium terms.
This company is no longer actively traded on any major stock exchange.

Business Summary
Redwood Pharma AB is a Sweden-based company, which is primarily focused on pharmaceutical industry. The Company develops IntelliGel, a patented hydrogel drug delivery platform technology. IntelliGel is a patented supramolecular smart drug delivery system with an ability to dissolve water-insoluble and sparingly soluble drugs, or disperse, suspend and stabilize otherwise insoluble drugs. It is an odor-free, clear and transparent hydrogel with low solid content, and forms an invisible patch when applied to a surface. The Company’s development product is focused on treatment of chronic Dry Eye Disease (DED) in post-menopausal women. It is based on a naturally occurring, endogenous molecule found in the body.
(Source: 10-K405)

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
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DBT
Index
Moody's
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Fitch
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DBRS
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-Yes-----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
3/31/202412/31/2023Yes----

General Information
Number of Employees: 1 (As of 12/31/2023)
Outstanding Shares: 21,231,000 (As of 4/25/2024)
Stock Exchange: STO


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Wednesday, January 29, 2025