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Also trades as: FYB.DE (XETRA) · $vol 0M

0W4N.L LSE

Formycon AG
1W: +0.6% 1M: -1.2% 3M: -2.2% YTD: -17.9% 1Y: -22.7% 3Y: -66.5%
€19.10 ($21.41)
+0.04 (+0.21%)
 
Weekly Expected Move ±2.3%
€18 €19 €19 €20 €20
LSE · Healthcare · Biotechnology · Tech Score Sell · Power 42 · €339.0M mcap · 13M float · 0.0034% daily turnover
Smart Money Score
No convergence signal
Key Statistics
Market Cap€339.0M ($380.0M)
52W Range15.9-80.2
Volume261
Avg Volume457
Beta0.72
Dividend—
Analyst Ratings
No analyst coverage
Company Info
CEOStefan Glombitza
Employees203
SectorHealthcare
IndustryBiotechnology
IPO Date2018-01-29
Fraunhoferstrasse 15
Planegg, BV 82152
DE
49 89 864 667 100
About Formycon AG

Formycon AG, established in 1999 and headquartered in Planegg, Germany, focuses on the creation and commercialization of biosimilar pharmaceutical products. The company's diverse pipeline includes several key drug candidates. Prominently featured is FYB201, a biosimilar designed to emulate Lucentis, which is an ophthalmic medication prescribed for conditions such as neovascular age-related macular degeneration and other serious eye diseases. Additionally, FYB202 is a biosimilar version of Stelara, a biologic drug utilized in managing inflammatory conditions like moderate to severe psoriasis, as well as Crohn's disease and ulcerative colitis; this compound is currently undergoing Phase III clinical trials. Another significant project is FYB203, a biosimilar replicating Eylea, also in Phase III clinical trials for the treatment of neovascular age-related macular degeneration and various other ocular ailments. Beyond these, Formycon is also progressing with the development of FYB206, and FYB207, an antiviral agent aimed at treating COVID-19. To ensure the stability of its pipeline products, the company has forged a partnership with Leukocare AG for formulation development. The company, initially known as Nanohale AG, officially rebranded as Formycon AG in 2012.

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