AegirBio to acquire Dynamic Code

Aegirbio acquires the health tech company Dynamic Code, and states that it is now embarking on the strategic construction of an international operator in the rapidly evolving domain of e-health. Dynamic Code is a health tech company with its registered office in Linköping, offering diagnostic and health-test solutions to healthcare and directly to the consumer through a platform that combines physical tests with digital management. A merger gives both companies economies of scale with regard to product development, distribution and international expansion, states Aegirbio, and bids 1.5 billion SEK for Dynamic Code. A kick-start "The acquisition will kick-start our vision to become a global player in the rapidly evolving domain of e-health. Dynamic Code will be an important part of our multi-diagnostic company. We see a great potential in at-home testing now that more and more people are gaining an understanding and recognize the benefits of self-testing. We are currently looking at new interesting acquisition opportunities to further develop and consolidate ourselves as a leader in the field. Moreover, the new issue and loan gives us a strong cash position, which will enable us to realize our strategy to grow aggressively through acquisitions. I am proud and pleased with what we have achieved thus far and full of anticipation of what lies ahead,“ says Martin Linde, CEO of Aegirbio. "Together, we can digitize  diagnostics faster, with a broader product portfolio, and in more geographic markets. An important step to help people get control of their health more easily. The landscape of care is changing rapidly, and together we become an important international player to provide healthcare with better tools for diagnostics and preventive health,” says Anne Kihlgren, founder of Dynamic Code. Photo of Anne Kihlgren, founder of Dynamic Code