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Added to YB: 2025-02-06

Pitch date: 2025-02-05

FYB.DE [bullish]

Formycon AG

-56.34%

current return

Author Info

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Company Info

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.

Market Cap

EUR 918.2M

Pitch Price

EUR 53.60

Price Target

N/A

Dividend

N/A

EV/EBITDA

-40.93

P/E

13.59

EV/Sales

14.61

Sector

Biotechnology

Category

growth

Show full summary:
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)