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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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