Added to YB: 2025-02-06
Pitch date: 2025-02-05
FYB.DE [bullish]
Formycon AG
-62.31%
current return
Author Info
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Company Info
Formycon AG, a biotechnology company, develops biosimilar drugs in Germany and Switzerland. It provides ranibizumab and aflibercept used in the treatment of neovascular age-related macular degeneration, diabetic macular edema, choroidal neovascularization, proliferative diabetic retinopathy, and macular edema under the Ranivisio, Ongavia, Cimerli, Ranopto, Uptera, and Ravegza brand names, as well as AHZANTIVE, Baiama, and Fovlya brand names.
Market Cap
EUR 349.9M
Pitch Price
EUR 53.60
Price Target
N/A
Dividend
N/A
EV/EBITDA
-37.78
P/E
-13.92
EV/Sales
5.01
Sector
Biotechnology
Category
growth
Formycon AG (FYB) Expanding its biosimilar reach in APAC
FYB.DE: Biosimilar FYB203 (Eylea alternative) expands to APAC via Lotus Pharma deal. Already in EU/Israel (Teva) & MENA (MS Pharma). US partner sought. Peak sales €500M by 2028 in €5B market. Near-term depends on commercial traction; US deal key milestone.
Read full article (1 min)