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Formycon AG
Formycon AG, a biotechnology company, develops biosimilar drugs in Germany and Switzerland. It provides FYB201, a biosimilar candidate for Lucentis, an ophthalmic drug used in the treatment of neovascular age-related macular degeneration and other serious retinal diseases, including diabetic macular edema, choroidal neovascularization, proliferative diabetic retinopathy, and macular edema under the Ranivisio, Ongavia, Cimerli, Ranpoto, Uptera, and Ravegza names. The company’s pipeline includes FYB202, a biosimilar candidate for Stelara used in the treatment of Psoriasis, Crohn’s disease, and ulcerative colitis which has completed the Phase III clinical trial; and FYB203, a biosimilar candidate for Eylea that treats ophthalmology related diseases, including neovascular age-related macular degeneration that has completed Phase III clinical trials. It is also developing FYB206, a biosimilar candidate for Keytruda, for the treatment of immuno-oncology diseases; and FYB207, a SARS-CoV-2 blocker, an antiviral drug for the treatment of COVID-19. The company was formerly known as Nanohale AG and changed its name to Formycon AG in 2012. Formycon AG was founded in 1999 and is headquartered in Planegg, Germany.
Market Cap
EUR 918.2M
Volume
8.6K
Cash and Equivalents
EUR 40.6M
EBITDA
-EUR 24.4M
Tax Rate Collected
N/A
Tax Rate Ratio
N/A
Gross Profit
EUR 7.6M
Profit Margin
12.46%
52 Week High
EUR 64.40
52 Week Low
EUR 37.65
Dividend
N/A
Price / Book Value
1.59
Price / Earnings
13.59
Price / Tangible Book Value
134.10
Enterprise Value
EUR 888.4M
Enterprise Value / EBITDA
-40.93
Operating Income
-EUR 25.2M
Return on Equity
12.73%
Return on Assets
-1.69
Cash and Short Term Investments
EUR 40.6M
Debt
EUR 10.9M
Equity
EUR 576.3M
Revenue
EUR 60.8M
Unlevered FCF
-EUR 83.6M
Sector
Biotechnology
Category
N/A
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