Formycon AG/€FYB

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About Formycon AG

Formycon AG is a biotechnology company based in Planegg, Germany, specializing in the development of biosimilar products. The company focuses primarily on creating biosimilar versions of top-selling biopharmaceuticals, addressing fields such as ophthalmology and immunology. Known for its significant expertise in protein and biopharmaceutical development, Formycon leverages its proprietary technical platform to advance its biosimilar pipeline. The company's strategic positioning includes partnerships with other pharmaceutical firms to co-develop and commercialize its biosimilar candidates. Formycon's competitive strength lies in its robust development capabilities and focus on high-growth therapeutic areas.
Ticker
€FYB
Sector
Health
Primary listing
XETRA
Employees
196
Headquarters
Planegg, Germany

Formycon AG Metrics

BasicAdvanced
€353M
-
-€1.42
0.72
-

Bulls say / Bears say

Q1 2026 revenue more than doubled from €5.3 million to €13.1 million, reflecting strong commercial momentum across its biosimilar portfolio (Reuters)
Launched its FYB203 aflibercept biosimilar under the brands Ahzantive® and Baiama® in Germany, France, and Italy starting May 15, 2026, marking its first EU commercial roll-out (Reuters)
Settled patent disputes with Regeneron and Bayer via a settlement and license agreement, clearing the path for FYB203 launches across Europe, Latin America, and Asia-Pacific from May 2026 (Reuters)
Q1 2026 revenue growth was driven by one-off milestone payments for FYB202 and FYB206, underscoring reliance on non-recurring income streams (Reuters)
Despite top-line growth, Formycon reported an EBITDA loss of €1.7 million in Q1 2026, indicating ongoing unprofitability and high operating costs (Reuters)
Confirmed full-year guidance despite a significant revenue decline in the first nine months, reflecting challenges in sustaining growth momentum for existing biosimilars (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 30 Aug 2026.
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