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Biotage AB (BIOT.ST)

BIOT.ST on Stockholm Stock Exchange

118.00SEK
10 Dec 2018
Change (% chg)

-2.80kr (-2.32%)
Prev Close
120.80kr
Open
120.60kr
Day's High
122.20kr
Day's Low
116.60kr
Volume
107,379
Avg. Vol
128,097
52-wk High
145.00kr
52-wk Low
68.40kr

Latest Key Developments (Source: Significant Developments)

Biotage Acquires Phynexus, Inc
Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - Biotage AB ::BIOTAGE ACQUIRES PHYNEXUS, INC. AND STRENGTHENS ITS POSITION IN LAB-SCALE PURIFICATION OF BIOMOLECULES.BIOTAGE ACQUIRES PHYNEXUS, INC. AND STRENGTHENS ITS POSITION IN LAB-SCALE PURIFICATION OF BIOMOLECULES.ENTERED INTO AN AGREEMENT TO ACQUIRE ALL OUTSTANDING SHARES IN PRIVATELY HELD COMPANY PHYNEXUS, INC..PURCHASE PRICE FOR PHYNEXUS $21.5 MILLION (CORRESPONDING TO APPROX. SEK 195 MILLION).PURCHASE PRICE TO BE FINANCED VIA COMBINATION OF NEWLY ISSUED SHARES IN BIOTAGE AND EXISTING CASH AT HAND.PURCHASE PRICE WILL BE ADJUSTED FOR ACTUAL NET DEBT AT CLOSING DATE..APPROX. USD 10.0 MILLION OF TOTAL PURCHASE PRICE CONSIST OF EXPECTED FUTURE ADDITIONAL PURCHASE PRICE PAYMENTS FOR YEARS 2019 TO 2023 THAT WILL BE BASED ON FUTURE RESULTS.  Full Article

Biotage says Q1 operating profit rises to SEK 41.6 mln
Thursday, 26 Apr 2018 

April 26 (Reuters) - Biotage AB says::Q1 Net sales amounted to 208.0 MSEK (185.2), an increase by 12.3 percent compared to the corresponding quarter last year..At comparable exchange rates1 and adjusted for acquisitions, net sales increased by 9.8 percent..Q1 Operating profit increased by 19 percent to 41.6 MSEK (34.9)..Q1 Result after tax increased by 27 percent to 44.9 MSEK (35.3)..Q1 Earnings per share increased to 0.69 SEK (0.55) before and after dilution..The cash flow from operating activities amounted to 28.1 MSEK (29.2)..Net cash1 at March 31 amounted to 59.6 MSEK (152.1)..  Full Article

Biotage agrees to buy Horizon Technology in the US for $18.4 mln
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Biotage Ab ::BIOTAGE ACQUIRES HORIZON TECHNOLOGY AND STRENGTHENS ITS POSITION IN ENVIRONMENTAL AND FOOD SAFETY.  Full Article

Biotage Q3 operating profit rose to SEK 29 mln
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Biotage Ab : :Q3 ‍net sales amounted to 177.7 MSEK (167.0), an increase by 6.4 percent compared to the corresponding quarter last year​.Q3 ‍operating profit increased by 7.5 percent to 29.3 MSEK (27.2)​.  Full Article