Board Change • May 20
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. 3 experienced directors. 1 highly experienced director. 1 independent director (5 non-independent directors). Member of Scientific Advisory Board Ali Khademhosseini is the most experienced director on the board, commencing their role in 2017. Independent Director Chris Wildmoser was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Duyuru • Apr 01
BICO Group AB (publ) Announces Susan Tousi, Alexandra Gatzemeyer and Bengt Sjöholm Decline Re-Election as Members of the Board of Directors BICO Group AB (publ) announced that at the AGM to be held on May 7, 2026, Susan Tousi, Alexandra Gatzemeyer and Bengt Sjöholm have declined re-election as members of the Board of Directors. Duyuru • Mar 24
BICO Group AB (publ) to Report Fiscal Year 2026 Results on Feb 17, 2027 BICO Group AB (publ) announced that they will report fiscal year 2026 results on Feb 17, 2027 Board Change • Dec 30
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Susan Tousi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Oct 11
BICO Group AB (publ), Annual General Meeting, May 07, 2026 BICO Group AB (publ), Annual General Meeting, May 07, 2026. Duyuru • Jul 03
Sartorius Lab Holding GmbH completed the acquisition of MatTek Corporation from BICO Group AB (publ) (OM:BICO). Sartorius Lab Holding GmbH entered into an agreement to acquire MatTek Corporation from BICO Group AB (publ) (OM:BICO) for $80 million on April 4, 2025. The consideration is in cash and debt-free basis. The transaction includes the acquisition of Visikol Inc. During 2024, the business operations of Visikol were merged and operationally integrated into MatTek.
For the period ending December 31, 2024, MatTek Corporation reported total revenue of $20 million. MatTek employs more than 80 people. The closing of the transaction is subject to customary regulatory approvals which are expected to be obtained during Q2 2025.
Carnegie Investment Bank AB acted as financial advisor for BICO Group AB. Foley & Lardner LLP acted as legal advisor for BICO Group AB. PricewaterhouseCoopers Sweden acted as accountant for BICO Group AB. Led by Michael Bernhardt, Dean W. Sattler, Max Goodman, Alexander Rinne, and John Garces, Milbank LLP acted as legal advisor to Sartorius. Led by Matthias Zahn, Tobias Neukirchner, Kai Schmidt, Steven Wender, Sabrina Trümbach, Christoph Götz, Frank Breitenfeldt, Steve Ratmeyer, Kimberly Setz, and Susann Sturm, Rödl & Partner acted as financial advisor and accountant to Sartorius.
Sartorius Lab Holding GmbH completed the acquisition of MatTek Corporation from BICO Group AB (publ) (OM:BICO) on July 1, 2025. Duyuru • Jun 25
BICO Group AB Announces Change in General Counsel BICO Group AB announced the appointment of Lars Risberg as General Counsel. He will succeed Andréas Joersjö, who has decided to leave BICO to pursue his career outside the Group. Lars Risberg has 20+ years of working as a General Counsel (GC) and attorney at law whereof the last four years as General Counsel for Vitrolife Group. Prior to that Lars worked as Regional Lead Counsel Northwest Europe for Dekra and as attorney at law at Awa Patent and Setterwalls Business Law firm. Lars Risberg will be joining BICO on June 26 and Andreas Joersjö will remain at BICO until August 31 for handover to Lars Risberg. As General Counsel Lars Risberg will report to BICO’s President and CEO and be a member of the Executive Management. Duyuru • May 09
BICO Group AB (publ) Announces Board Changes BICO Group AB (publ) at the AGM held on May 8, 2025, the shareholders approved Johan Westman were elected new members of the Board of Directors. The members of the Board of Directors, Ulrika Dellby and Helena Skåntorp, had announced that they were not available for re-election. Duyuru • Apr 07
BICO Group AB (publ) Announces Ulrika Dellby and Helena Skåntorp Decline Re-Election of the Board of Directors BICO Group AB (publ) at the Annual General Meeting to be held on May 8, 2025, Ulrika Dellby and Helena Skåntorp have declined re-election of the Board of Directors. Breakeven Date Change • Dec 30
Forecast to breakeven in 2026 The 2 analysts covering BICO Group expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 87% per year to 2025. The company is expected to make a profit of kr100.4m in 2026. Average annual earnings growth of 130% is required to achieve expected profit on schedule. Duyuru • Nov 29
Lab14 GmbH acquired Nanoscribe GmbH from BICO Group AB (publ) (OM:BICO) for €26 million. Lab14 GmbH agreed to acquire Nanoscribe GmbH from BICO Group AB (publ) (OM:BICO) for €26 million on November 21, 2024. Following net debt and working capital adjustments, the equity value amounts to €26 million (SEK 294 million). Net proceeds, following transaction expenses, will be used to reduce long term debt.
Nanoscribe revenue LTM September 2024 amounted to SEK 230 million (€19.826 million) and the adjusted EBITDA margin to 12 percent according to IFRS.
The transaction is expected to close during the fourth quarter 2024.
Bryan, Garnier & Co acted as financial advisor and Clemens Höhn, Matthias Rothkopf, Jan D. Bonhage, Christian Dankerl, Markus Ernst and Sonnhild Draack of Hengeler Mueller acted as legal advisor to BICO Group.
Lab14 GmbH completed the acquisition of Nanoscribe GmbH from BICO Group AB (publ) (OM:BICO) on November 28, 2024. Breakeven Date Change • Nov 15
Forecast to breakeven in 2026 The 2 analysts covering BICO Group expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 87% per year to 2025. The company is expected to make a profit of kr100.4m in 2026. Average annual earnings growth of 130% is required to achieve expected profit on schedule. Duyuru • Oct 09
BICO Group AB (publ), Annual General Meeting, May 08, 2025 BICO Group AB (publ), Annual General Meeting, May 08, 2025. Reported Earnings • Aug 21
Second quarter 2024 earnings released: kr1.10 loss per share (vs kr12.73 loss in 2Q 2023) Second quarter 2024 results: kr1.10 loss per share (improved from kr12.73 loss in 2Q 2023). Revenue: kr534.0m (down 4.4% from 2Q 2023). Net loss: kr77.9m (loss narrowed 91% from 2Q 2023). Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Life Sciences industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 20 percentage points per year, which is a significant difference in performance. Duyuru • Jul 10
BICO Group AB Announces Management Changes BICO Group AB announced the appointment of Andréas Joersjö as General Counsel. He will succeed Lotta Bus who has decided to leave BICO to pursue her career outside the Group. Andréas Joersjö will assume his new position by mid-October 2024 at the latest. Andréas Joersjö has 15+ years of experience working in an international business environment as General Counsel, lawyer, and advisor. Before joining BICO, Andréas has worked for Swedish law firms Delphi and Hammarskiöld & Co, in connection with which he has had several in-house assignments with large companies in various businesses, as well as PwC, and most recently as General Counsel for Hedin Group. For Hedin Group he established and headed the Group's Legal & Compliance team and was also a member of the Executive Management. Andréas Joersjö will report to BICO's President and CEO and be a member of the Executive Management. He will assume his position by mid-October 2024 at the latest. New Risk • Jun 10
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: kr1.6b Forecast net loss in 1 year: kr60m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Currently unprofitable and not forecast to become profitable next year (kr60m net loss next year). Breakeven Date Change • Jun 10
No longer forecast to breakeven The analyst covering BICO Group no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of kr31.3m in 2024. New forecast suggests the company will make a loss of kr131.0m in 2025. Duyuru • May 23
BICO Group AB (publ) Elects Alexandra Gatzemeyer as Member of the Board of Directors BICO Group AB (publ) at its AGM held on May 20, 2024, approved the election of Alexandra Gatzemeyer as new member of the Board of Directors. Reported Earnings • May 07
First quarter 2024 earnings released: kr0.40 loss per share (vs kr1.67 loss in 1Q 2023) First quarter 2024 results: kr0.40 loss per share (improved from kr1.67 loss in 1Q 2023). Revenue: kr510.3m (down 5.1% from 1Q 2023). Net loss: kr28.2m (loss narrowed 76% from 1Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Life Sciences industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 34 percentage points per year, which is a significant difference in performance. Duyuru • Apr 19
BICO Group AB (publ) Announces the Appointment of Anders Fogelberg as Chief Commercial Officer, Effective June 13, 2024 BICO Group AB (publ) announced the appointment of Anders Fogelberg as Chief Commercial Officer (CCO). Commercial excellence has been defined as one of the top strategic priorities for BICO and this position is pivotal in setting and driving the strategy towards that target, i.e., in scaling the BICO business, increasing the commercialization efforts of the portfolio and further explore opportunities for collaborations and partnerships. Anders Fogelberg has 20+ years' experience of working with marketing and sales & business development in global organizations. He has extensive experience from different leadership positions foremost as a Managing Director for the SKF Group in Malaysia and Indonesia respectively. Before joining BICO, Anders has worked in the Med Tech industry now latest as Chief Marketing Officer and Head of Sales for Profundus and before that as CEO for Bellman & Symfon. Anders Fogelberg will assume his new position on June 13, 2024. The CCO role is newly established, will be a member of the Executive Management and report to BICO's CEO and President. The CCO will be main responsible for the commercial activities within the BICO Group and ensure cooperation between subsidiaries and that long-term partnerships are built with relevant partners throughout the global life science industry. Duyuru • Apr 16
BICO Group AB (publ) Announces Gerry Mackay and Erik Gatenholm Decline Re-Election of the Board of Directors BICO Group AB (publ) at the Annual General Meeting on May 20, 2024, Gerry Mackay and Erik Gatenholm have declined re-election of the Board of Directors. Duyuru • Mar 15
BICO Group AB (publ) to Report Fiscal Year 2024 Results on Feb 19, 2025 BICO Group AB (publ) announced that they will report fiscal year 2024 results on Feb 19, 2025 Reported Earnings • Feb 21
Full year 2023 earnings released: kr24.05 loss per share (vs kr12.94 loss in FY 2022) Full year 2023 results: kr24.05 loss per share (further deteriorated from kr12.94 loss in FY 2022). Revenue: kr2.58b (up 4.5% from FY 2022). Net loss: kr1.70b (loss widened 104% from FY 2022). Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Life Sciences industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance. Duyuru • Jan 25
BICO Group AB (publ) Appoints Catharina Nordlund as Global Head of HR BICO Group AB (publ) announced the appointment of Catharina Nordlund as Global Head of HR. The role will further strengthen the Executive Management and be responsible for shaping and executing BICO's global HR strategy in order to build a people and high-performance culture. Catharina Nordlund has 25+ years' experience of Human Resources (HR), Learning & Development as well as Sales and Marketing in global organizations. She has held various positions within the medtech and the life science industries at companies such as Cochlear Bone Anchored Solutions, Mölnlycke Health Care and Pfizer, and now latest as VP Global HR for Surgical Science. Her vast experience covers functional responsibility for HR as well as line manager positions within sales from the life science industry. Catharina Nordlund will be part of the Executive Management and report to the CEO and President. Reported Earnings • Nov 17
Third quarter 2023 earnings released: kr1.00 loss per share (vs kr1.04 profit in 3Q 2022) Third quarter 2023 results: kr1.00 loss per share (down from kr1.04 profit in 3Q 2022). Revenue: kr626.2m (flat on 3Q 2022). Net loss: kr70.6m (down 206% from profit in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Nov 17
Group Chief Financial Officer recently bought €75k worth of stock On the 15th of November, Jacob Thordenberg bought around 18k shares on-market at roughly €4.30 per share. This transaction increased Jacob's direct individual holding by 19x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Jacob's only on-market trade for the last 12 months. Reported Earnings • Aug 23
Second quarter 2023 earnings released: kr12.73 loss per share (vs kr0.68 profit in 2Q 2022) Second quarter 2023 results: kr12.73 loss per share (down from kr0.68 profit in 2Q 2022). Revenue: kr568.8m (down 3.1% from 2Q 2022). Net loss: kr898.3m (down kr941.9m from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Duyuru • May 10
BICO Group AB (publ) Elects Gerry Mackay to Its Board of Directors BICO Group AB (publ) at its Annual General Meeting held on 9 May 2023, elected Gerry Mackay to Its Board of Directors. Reported Earnings • May 09
First quarter 2023 earnings released: kr1.67 loss per share (vs kr0.68 loss in 1Q 2022) First quarter 2023 results: kr1.67 loss per share (further deteriorated from kr0.68 loss in 1Q 2022). Revenue: kr537.6m (up 3.6% from 1Q 2022). Net loss: kr117.7m (loss widened 170% from 1Q 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Life Sciences industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Duyuru • May 05
BICO Group AB (publ) to Report Fiscal Year 2023 Results on Feb 20, 2024 BICO Group AB (publ) announced that they will report fiscal year 2023 results on Feb 20, 2024 Buying Opportunity • Feb 22
Now 39% undervalued after recent price drop Over the last 90 days, the stock is down 9.7%. The fair value is estimated to be €9.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 82% over the last 3 years. Earnings per share has declined by 70%. Revenue is forecast to grow by 1.1% in a year. Earnings is forecast to grow by 92% in the next year. Recent Insider Transactions • Jan 14
Independent Chairman of the Board recently sold €747k worth of stock On the 10th of January, Carsten Browall sold around 80k shares on-market at roughly €9.33 per share. This transaction amounted to 71% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Carsten has been a net seller over the last 12 months, reducing personal holdings by €654k. Duyuru • Jan 06
BICO Group AB Appoints Marius Balger as Chief Operating Officer, Effective March 1, 2023 BICO Group AB announced the appointment of Marius Balger as Chief Operating Officer, as BICO continues to accelerate its growth journey across geographies and business strategies. Mr.Balger will be part of the Executive Management team and report directly to President & CEO Erik Gatenholm. As COO, Mr. Balger will take office 1 March 2023 and lead the strategic development of BICO’s operational efficiency and cost control. Mr. Balger brings nearly 20 years of experience in the global life science industry, most recently serving as Senior Vice President, Commercial Operations at Tecan AG, a public life science company headquartered in Zurich, where he has worked since 2017. Before Tecan AG, Mr. Balger had a long and esteemed career as CEO, successfully growing a global Contract Development and Manufacturing Organization for life science and in-vitro diagnostics laboratory instrumentation. In line with BICO's previously communicated strategy with a focus on cost control, operational efficiency, and decentralized organizational structure the Executive Management of BICO Group will, as of January 5, 2023, consist of the following people: President and CEO Erik Gatenholm; CTO Hector Martinez; CFO Jacob Thordenberg and SVP & General Counsel & HR Lotta Bus. As of 1 March 2023, both COO Marius Balger and Head of Corporate Development & M&A Artur Aira are included in the Executive Management team. Duyuru • Jan 03
BICO Group AB Announces the Appointment of Jacob Thordenberg as Group CFO BICO Group AB announced the appointment of Jacob Thordenberg as Group CFO. Thordenberg will begin his employment in his new position as Group CFO, on January 2, 2023, and will be part of the company's executive management team. Jacob Thordenberg has a Master of Science in Corporate and Financial Management, and has more than ten years' experience from mergers and acquisitions from Deloitte, Telia and BICO Group AB. Most recently he comes from a role as Head of M&A at BICO, where he has been since December 2021. Thordenberg succeeds Mikael Engblom, who has been interim Group CFO since May 2022. Engblom will continue to advise the company on strategic projects. Board Change • Nov 16
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. No highly experienced directors. Independent Director Bengt Sjoholm is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Nov 10
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: kr623.2m (up 79% from 3Q 2021). Net income: kr66.4m (up kr170.6m from 3Q 2021). Profit margin: 11% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Life Sciences industry in Europe. Duyuru • Nov 10
BICO Group AB (publ) to Report Q2, 2023 Results on Jul 20, 2023 BICO Group AB (publ) announced that they will report Q2, 2023 results on Jul 20, 2023 Breakeven Date Change • Oct 22
Forecast breakeven date moved forward to 2022 The 2 analysts covering BICO Group previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of kr12.0m in 2022. Earnings growth of 112% is required to achieve expected profit on schedule. Reported Earnings • Aug 25
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: kr612.4m (up 88% from 2Q 2021). Net income: kr43.6m (up kr93.9m from 2Q 2021). Profit margin: 7.1% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 18%, compared to a 13% growth forecast for the Life Sciences industry in Germany. Breakeven Date Change • Jul 22
Forecast breakeven date moved forward to 2022 The 2 analysts covering BICO Group previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of kr12.0m in 2022. Earnings growth of 105% is required to achieve expected profit on schedule. Duyuru • May 18
BICO Group AB (publ) to Report Fiscal Year 2023 Results on Feb 22, 2023 BICO Group AB (publ) announced that they will report fiscal year 2023 results on Feb 22, 2023 Board Change • Apr 27
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 5 experienced directors. No highly experienced directors. Independent Director Bengt Sjoholm is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Recent Insider Transactions • Mar 04
Co-Founder recently bought €94k worth of stock On the 2nd of March, Erik Gatenholm bought around 6k shares on-market at roughly €15.89 per share. In the last 3 months, they made an even bigger purchase worth €1.9m. Despite this recent buy, Erik has been a net seller over the last 12 months, reducing personal holdings by €15m. Reported Earnings • Feb 24
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: kr3.97 loss per share (down from kr0.82 loss in FY 2020). Revenue: kr1.43b (up 283% from FY 2020). Net loss: kr227.6m (loss widened kr191.5m from FY 2020). Post-clinical trial products Launched (during full year): 3 Revenue exceeded analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 66%, compared to a 25% growth forecast for the pharmaceuticals industry in Germany. Recent Insider Transactions • Dec 18
Co-Founder recently bought €1.9m worth of stock On the 16th of December, Erik Gatenholm bought around 74k shares on-market at roughly €26.32 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Erik has been a net seller over the last 12 months, reducing personal holdings by €15m. Reported Earnings • Nov 12
Third quarter 2021 earnings released The company reported a decent third quarter result with improved revenues, although losses increased and control over costs was weaker. Third quarter 2021 results: Revenue: kr347.3m (up 457% from 3Q 2020). Net loss: kr104.2m (loss widened kr90.0m from 3Q 2020). Recent Insider Transactions • Sep 01
Insider recently sold €1.1m worth of stock On the 23rd of August, Jonas Schondube sold around 20k shares on-market at roughly €53.24 per share. In the last 3 months, there was an even bigger sale from another insider worth €17m. Insiders have been net sellers, collectively disposing of €50m more than they bought in the last 12 months. Recent Insider Transactions • Aug 25
CEO & Director recently sold €17m worth of stock On the 18th of August, Erik Gatenholm sold around 280k shares on-market at roughly €59.24 per share. This was the largest sale by an insider in the last 3 months. This was Erik's only on-market trade for the last 12 months. Reported Earnings • Aug 21
Second quarter 2021 earnings released: kr0.89 loss per share (vs kr0.58 loss in 2Q 2020) The company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: kr328.4m (up kr275.8m from 2Q 2020). Net loss: kr50.3m (loss widened 99% from 2Q 2020). Reported Earnings • May 13
First quarter 2021 earnings released The company reported a decent first quarter result with improved revenues, although losses increased and control over costs was weaker. First quarter 2021 results: Revenue: kr153.5m (up 171% from 1Q 2020). Net loss: kr47.5m (loss widened 176% from 1Q 2020). Is New 90 Day High Low • Feb 12
New 90-day high: €28.85 The company is up 64% from its price of €17.62 on 13 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Life Sciences industry, which is up 11% over the same period. Is New 90 Day High Low • Jan 27
New 90-day high: €28.35 The company is up 70% from its price of €16.70 on 28 October 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Life Sciences industry, which is up 7.0% over the same period. Duyuru • Dec 19
Cellink AB (publ) Elects Aristotelis Nastos as Member of the Board of Directors Cellink AB (publ) announced that at the extraordinary general meeting in CELLINK AB (publ), held on December 17, 2020 approved to elect Aristotelis Nastos as a new member of the board of directors of Cellink. Is New 90 Day High Low • Dec 18
New 90-day high: €20.75 The company is up 24% from its price of €16.80 on 18 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Life Sciences industry, which is down 1.0% over the same period. Duyuru • Dec 05
CELLINK and Atelerix Team Up to Enable the Shipping At Room Temperature of Fragile 3D Bioprinted Constructs by the World's Bioprinting Community CELLINK and Atelerix partnership to bring to market Atelerix's portfolio of innovative hydrogel biological encapsulation products, which preserve fragile biological samples for shipping at room temperature. Conventional shipping methods often involve storing cells and tissues in liquid nitrogen or dry ice, which requires a freeze-thaw process notorious for damaging biological material. Therefore, the global bioprinting community will greatly benefit from Atelerix products that allow for room-temperature storage and shipping of sensitive primary cells, iPSC-derived cells, multicellular models and especially cell-laden bioprinted constructs, such as those manufactured with CELLINK's range of innovative 3D bioprinters. Atelerix's range of innovative products, including BeadReady™ (used for cells in suspension), WellReady™ (used for plated cells and cell-laden bioprinted constructs) and TissueReady™ (used for tissue samples and larger cell-laden bioprinted constructs), will be available for purchase from CELLINK, so that the research community may procure all their bioprinting requirements in one place. Duyuru • Nov 10
CELLINK to Help Develop 3D Bioprinted Personalised Scaffolds for Tissue Regeneration of Ankle Joint S as Part of the Triankle Project The TRIANKLE consortium - made up of 12 European organisations, will develop 3D bioprinted personalised scaffolds for tissue regeneration of ankle joints. This ambitious research project in regenerative medicine has an overall budget of €5.9 Million and will be developed over 4 years, starting January 2021. CELLINK's portion of the grant is. €622,000 of which EU accounts for 100 percent of the costs. The consortium aims to create innovative personalised collagen- and gelatine-based implants manufactured with 3D technology for patients with tendinopathies such as Achilles tendon partial ruptures and cartilage injuries. TRIANKLE consortium consists of a team of 12 organizations covering the complete spectrum from advanced research to the market. Its main strength relies on the combination of highly skilled partners with proven track records in biomaterials for regenerative applications and 3D bioprinting technology. Partners are also devoted to social engagement and dissemination of results to healthcare professionals and, ultimately, potential patients. A total of 12 organizations from 5 different countries (Germany, Spain, Sweden, the Netherlands, and the United Kingdom) make up the TRIANKLE consortium. The partnership includes one industry partner (Naturin Viscofan GmbH), three SMEs (CELLINK AB, Cambridge Nanomaterials Technology, and Gradocell SL), two research centres (Fraunhofer Gesellschaft Zur Foerderung Der Angewandten Forschung E.V. and Acondicionamiento Tarrasense Associacion), three universities (University of Stuttgart, Universidad del País Vasco and Eindhoven University of Technology), two non-profit organizations (Futbol Club Barcelona Asociacion FCB and Osteoarthritis Foundation International OAFI) and one healthcare institution (Fundacio Clinic per a la Recerca Biomedica). The TRIANKLE project coordinator is Naturin Viscofan GmbH. Reported Earnings • Oct 22
Full year earnings released - €1.47 loss per share Over the last 12 months the company has reported total losses of kr61.9m, with earnings decreasing by kr62.4m from the prior year. Total revenue was kr235.7m over the last 12 months, up 75% from the prior year. Duyuru • Oct 03
Cellink AB (Publ) Announces Leaving Board of Directors for an Operational Role as Business Area Manager for the Bioprinting Business Unit Artur Aira, is leaving the CELLINK Board of Directors for an operational role as Business Area Manager for the bioprinting business unit.