Apotea AB, a well-known online pharmacy in Sweden, is planning to raise approximately 1.64 billion Swedish kronor (around $149 million) through an initial public offering (IPO).
This move is expected to value Apotea at around 6 billion kronor, which is a significant milestone for the company as it aims to expand in the competitive pharmaceutical market.
This decision comes at a time when digital health services are gaining popularity in Sweden and beyond.