Formycon AG (0W4N.L) LSE

25.50

+2.5(+10.87%)

Updated at December 04 04:19PM

Currency In EUR

Formycon AG

Address

Fraunhoferstrasse 15

Planegg, 82152

Germany

Phone

49 89 864 667 100

Sector

Healthcare

Industry

Medical - Pharmaceuticals

Employees

250

First IPO Date

January 29, 2018

Key Executives

NameTitlePayYear Born
Dr. Stefan GlombitzaChief Executive Officer, Chief Operating Officer & Chair of the Executive Board612,3001965
Dr. Andreas SeidlChief Scientific Officer & Member of the Executive Board339,5001969
Ms. Nicola MikulcikChief Business Officer & Member of the Executive Board393,8001971
Mr. Enno SpillnerChief Financial Officer & Member of the Executive Board560,9001970
Sabrina MullerDirector of Investor Relations & Corporate Communications0N/A
Dr. Friedrich-Wilhelm SteinwegCo-Founder0N/A
Dr. Nicolas Combe Ph.D.Co-Founder0N/A

Description

Formycon AG develops and markets biosimilar products. Its product pipeline includes FYB201, a biosimilar candidate for Lucentis, an ophthalmic drug used in the treatment of neovascular age-related macular degeneration and other serious eye diseases; FYB202, a biosimilar candidate for Stelara, a biopharmaceutical used in the treatment of inflammatory diseases, such as moderate to severe psoriasis, as well as for the treatment of Crohn's disease and ulcerative colitis, which is in the Phase III clinical trial; and FYB203, a biosimilar candidate for Eylea to treat neovascular age-related macular degeneration and other eye diseases that is in Phase III clinical trials. The company is also developing FYB206; and FYB207, an antiviral drug for the treatment of COVID-19. It has a collaboration agreement with Leukocare AG to develop stable formulations for various candidates in its product pipeline. The company was formerly known as Nanohale AG and changed its name to Formycon AG in 2012. Formycon AG was founded in 1999 and is headquartered in Planegg, Germany.