SYNBIOTIC welcomes Green Party’s proposal for the Industrial Hemp Liberalization Act and calls for objectivity in the medical cannabis debate

SYNBIOTIC SE

/ Key word(s): Statement

SYNBIOTIC welcomes Green Party’s proposal for the Industrial Hemp Liberalization Act and calls for objectivity in the medical cannabis debate

21.10.2025 / 10:03 CET/CEST

The issuer is solely responsible for the content of this announcement.


SYNBIOTIC welcomes Green Party’s proposal for the Industrial Hemp Liberalization Act and calls for objectivity in the medical cannabis debate

The European medical cannabis and industrial hemp group SYNBIOTIC SE (ISIN DE000A3E5A59 | WKN A3E5A5) considers the bill introduced by Bündnis 90/Die Grünen on 7 October 2025 to amend the Consumer Cannabis Act (KCanG) an important step towards greater legal certainty, innovation, and competitiveness for the German hemp industry. At the same time, the company is closely monitoring the planned tightening of the Medical Cannabis Act (MedCanG).

Momentum for the hemp industry: liberalization of industrial hemp opens new perspectives

The Greens’ proposal aims to remove the so-called “intoxication clause”, raise the THC limit for industrial hemp from 0.3% to 1%, and permit indoor cultivation. This would align Germany with practices already established in other EU countries such as the Czech Republic. The reform would significantly expand the economic scope for cultivation, processing, and product development within the industrial hemp sector.

According to SYNBIOTIC, the proposed liberalization would represent an important impulse for sustainable agriculture, innovation, and regional value creation. The Group is well integrated across Europe and strongly positioned in the industrial hemp market through subsidiaries such as Hempro International, Hemp Factory, and Ilesol, and therefore sees significant potential to further develop hemp as a sustainable raw material for future industries.

Daniel Kruse, CEO of SYNBIOTIC: “For decades, we have been advocating for evidence-based and innovation-driven hemp policies. The Greens’ initiative is a signal of progress and reinforces confidence in the future of industrial hemp. As President of the European Industrial Hemp Association (EIHA), entrepreneur of 30 years, and CEO of SYNBIOTIC, I hope that Federal Agriculture Minister Alois Rainer will recognize the enormous potential of this crop for agriculture, industry, and trade.”

Criticism of the MedCanG reform: patient care must not suffer

The draft bill presented by Federal Health Minister Nina Warken (CDU) to amend the Medical Cannabis Act has sparked broad criticism. It includes a ban on mail-order sales and stricter rules for online prescriptions. Industry associations, patient initiatives, and companies warn of significant risks.

  • 86% of respondents in a recent survey expect the changes to worsen patient access and strengthen the black market.
  • The SPD parliamentary group announced that it would not support the bill in its current form, calling it “overregulated” and “hostile to patients.”
  • Industry leaders, including the CEOs of Bloomwell, Sanity Group, and Demecan, criticized the proposed ban on mail-order sales as a “setback for patient care and digitalization.”
  • The Federal Association of German Mail-Order Pharmacies (BVDVA) rejected the plans as “not in the interest of patients,” describing them as “unjustified restrictions on reputable providers.”

SYNBIOTIC SE calls for objective and differentiated regulation. A functioning medical cannabis market requires reliability, quality standards, and digital healthcare solutions—not sweeping restrictions that stifle progress. At the same time, the company emphasizes that unregulated telemedicine platforms must not be allowed to create parallel systems outside of existing healthcare structures.

Daniel Kruse, CEO of SYNBIOTIC, adds: “Patient access, product safety, and medical quality must not be played off against each other. Modern healthcare requires trust in doctors and pharmacies—both in-person and online—alongside regulated suppliers and clear standards, but not blunt prohibitions.”

SYNBIOTIC: dual strategy combining innovation and responsibility

With its engagement in both medical cannabis and industrial hemp, SYNBIOTIC positions itself as an investment platform for two billion-euro markets that share similar needs and vast potential. Both sectors offer significant opportunities for sustainable value creation—provided that stable, modern, and science-based regulatory frameworks are established.

SYNBIOTIC will continue to actively participate in political and regulatory processes to promote practical and forward-looking solutions for patients, customers, farmers, industry, and investors alike.

Publisher
SYNBIOTIC SE
Daniel Kruse
CEO
Münsterstraße 336
40470 Düsseldorf
Germany
www.synbiotic.com

Media
Rüdiger Tillmann
SYNBIOTIC Public Relations Manager
Email ruediger.tillmann@synbiotic.com
Mobile +49 171 3677028
c/o JOLE.group

About SYNBIOTIC
SYNBIOTIC is a listed group of companies in the medical cannabis and industrial hemp sector with a buy-and-build investment strategy focussed on Europe. The Group covers the entire value chain from cultivation to production and retail – from the field to shelf. The subsidiaries’ core businesses are research and development, production and the commercialisation of medical cannabis, industrial hemp and CBD products.
SYNBIOTIC is pursuing a clear pan-European strategy of further expanding its business areas in order to cover the relevant growth markets while minimising risks and increasing opportunities for investors through diversification.


21.10.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
View original content: EQS News


Language: English
Company: SYNBIOTIC SE
Münsterstr. 336
40470 Dusseldorf
Germany
E-mail: office@synbiotic.com
Internet: https://www.synbiotic.com/
ISIN: DE000A3E5A59
WKN: A3E5A5
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich, Tradegate Exchange
EQS News ID: 2216144

 
End of News EQS News Service

2216144  21.10.2025 CET/CEST

Galenica strengthens basic care with new pharmacy concept

Around 1,830 public pharmacies ensure nationwide basic care in Switzerland – more than 300,000 people visit a pharmacy every day. In addition to dispensing medicines, pharmacies increasingly offer services such as vaccinations, health checks and advice for acute complaints. Demographic change and the strained medical supply situation mean that demand for these local easily accessible services continues to grow.

Galenica develops new pharmacy concept

To strengthen the role of pharmacies as a central point of contact for health issues, Galenica is working on new care models and the customer experience in pharmacies. A modernised Amavita pharmacy will open in Zurich’s Glattzentrum on 25 October 2025. It will serve as a pilot for a new pharmacy concept that more closely links consultation, store design and digital support. With the launch, Galenica is fundamentally redesigning the customer experience and showing what pharmacies can look like in the future.

 

The redesigned pharmacy offers express checkouts for quick shopping, fully private rooms for discreet consultations and new semi-private consultation areas. Here, specialists and customers can compare and discuss products and services together on screens. In doing so, Galenica is also responding to changing customer needs: Today, around 80% of customers first obtain information online before visiting a pharmacy. Galenica has been making targeted investments in connecting digital and in-store offerings for several years. The new pharmacy concept is a key component of this strategy.

 

“As Switzerland’s strongest healthcare network, we want to participate in shaping the role of pharmacies in health and care. To this end, we are investing specifically in modern space concepts, digitalisation, new offers and the further development of employees’ skills,” says Marc Werner, CEO of Galenica.

Further pharmacies based on the new concept planned for 2026

With “Consultation plus,” pharmacies in the Galenica network already offer an easily accessible advisory service, for example for acute concerns such as bladder problems or skin problems as well as preventive health checks such as HerzCheck®. Depending on cantonal regulations, Amavita and Sun Store pharmacies also offer different vaccinations. With the “Cost containment package 2,” the federal government is also underlining the competencies of the pharmacy.
From 2027, pharmacy services such as vaccinations as well as measures for prevention and adherence to therapy will be covered by basic health insurance. The new pharmacy concept is helping to further expand consultations as a central task of the pharmacy.

 

The pharmacy in Glattzentrum is a pilot project that will be implemented with existing staff. Galenica gains insights into customer behaviour, processes and training needs, which are incorporated directly into the further development of the pharmacies. Additional pilot pharmacies are planned for 2026 – as the next step towards broader implementation at other locations.

 

Image material

A visualisation can be found here. Photos of the new Amavita pharmacy in Zurich’s Glattzentrum will be available on our website from 23 October 2025.

 

Visit for media representatives

Media representatives will have the opportunity to visit the new pharmacy from 9 a.m. to 11 a.m. on 23 October 2025. Please register with the Media Office.

 

Formycon’s FYB201/Ranivisio® sets innovative standard as Europe’s First Ranibizumab Biosimilar available in Pre-filled Syringe

Formycon AG

/ Key word(s): Market Launch/Product Launch

Formycon’s FYB201/Ranivisio® sets innovative standard as Europe’s First Ranibizumab Biosimilar available in Pre-filled Syringe

21.10.2025 / 06:30 CET/CEST

The issuer is solely responsible for the content of this announcement.


Press Release // October 21, 2025

 

Formycon’s FYB201/Ranivisio® sets innovative standard as Europe’s First Ranibizumab Biosimilar available in Pre-filled Syringe

  • Innovative pre-filled syringe (PFS) with high standards for intravitreal injections1 offers improved handling, high dosing accuracy and greater convenience for applicants
  • Teva Pharmaceutical Industries Ltd. to commercialize FYB201/Ranivisio®2 PFS across Europe
  • Market launch of FYB201/Ranivisio® PFS started in France in October 2025, with additional countries – including Germany – to follow in a staggered approach
  • FYB201/Ranivisio® PFS expands therapeutic options and maximizes the potential reach of the ranibizumab biosimilar FYB201 throughout Europe

Planegg-Martinsried, Germany – Formycon AG (FSE: FYB, “Formycon”), Bioeq AG (“Bioeq”) and Teva Pharmaceutical Industries Ltd. (NYSE/TASE: TEVA, “Teva”) jointly announce the European launch of FYB201/Ranivisio® as the first Lucentis®3 biosimilar available in an EMA-approved innovative pre-filled syringe (“PFS”) presentation. The launch started in France in October 2025, with additional countries – including Germany – to follow in a staggered approach.

FYB201/Ranivisio® will be the first Lucentis® biosimilar in Europe to be offered as a pre-filled syringe, providing patients and healthcare professionals with a convenient, and efficient treatment option. Teva, Bioeq’s established commercialization partner for the vial presentation since 2022, will now also market the PFS, significantly expanding market reach and therapeutic access. This collaboration combines Teva’s deep commercial experience in biosimilars and its extensive distribution network and broad sales and marketing reach across Europe, with Formycon’s capabilities in the development of biosimilar medicines for highly regulated countries.

The innovative PFS technology has been specifically designed for intravitreal injections and is characterized by high dosing accuracy, low injection pressure, and a minimized risk of application errors – key factors in ophthalmic care. The silicon-oil free syringe-device combined with a modern sterilization technology is setting high and innovative standards.

The ready-to-use syringe reduces preparation time and supports efficient administration for patients with neovascular (wet) age-related macular degeneration (nAMD) and other serious retinal diseases.

Dr. Stefan Glombitza, CEO of Formycon, comments: “The launch of our FYB201 pre-filled syringe is another testament to Formycon’s outstanding development expertise paired with innovation power. By introducing the first ranibizumab biosimilar in this modern pre-filled syringe presentation, we are setting new standards in convenience, safety and efficiency for ophthalmic treatments and are underlining our strong commitment to advancing ophthalmic care. The pre-filled syringe not only streamlines clinical workflows by reducing preparation time and minimizing the risk of application errors, it also offers high dosing accuracy and ease of use – features that are highly valued by ophthalmologists in daily practice.

We are confident that this new presentation will enable our commercial partner Teva to reach even more healthcare professionals and patients, and ultimately improve access to FYB201/Ranivisio®

Michał Nitka, Teva SVP Head Generics Europe & Global Head OTC, added: “We are pleased to offer healthcare professionals and patients a treatment solution, further expanding access to high-quality medicines. At Teva, we are committed to pushing boundaries to deliver the right medicines whenever they are needed. Through our partnership with Formycon, we are accelerating the availability of therapies and broadening Teva’s biosimilars portfolio, in line with our Pivot to Growth strategy, while leveraging our capabilities to serve patients with the treatments they need.”

FYB201/Ranivisio® (ranibizumab) is used to treat severe visual impairments such as wet age-related macular degeneration (nAMD) and other retinopathies. FYB201 is owned by Bioeq AG, a joint venture between Formycon AG and Polpharma Biologics Group BV. The Biosimilar product is currently available in a total of 21 countries in Europe, North America and the MENA region.

——————–

1) An intravitreal injection refers to the injection of a medication into the vitreous body of the eye.
2) Ranivisio® is a registered trademark of Bioeq AG.
3) Lucentis® is a registered trademark of Genentech Inc.

 

About Formycon:
Formycon AG (FSE: FYB) is a leading, independent developer of high-quality biosimilars, follow-on products of biopharmaceutical medicines. The company focuses on therapies in ophthalmology, immunology, immuno-oncology and other key disease areas, covering almost the entire value chain from technical development through clinical trials to approval by the regulatory authorities. For commercialization of its biosimilars, Formycon relies on strong, well-trusted and long-term partnerships worldwide. With FYB201/ranibizumab and FYB202/ustekinumab, Formycon already has two biosimilars on the market. Another biosimilar, FYB203/aflibercept, has been approved by the FDA, EMA, and MHRA. Four pipeline candidates are currently in development. With its biosimilars, Formycon is making an important contribution to providing as many patients as possible with access to highly effective and affordable medicines.

Formycon AG is headquartered in Munich, listed in the Prime Standard of the Frankfurt Stock Exchange: FYB / ISIN: DE000A1EWVY8 / WKN: A1EWVY and is part of the SDAX selection index. Further information can be found at: https://www.formycon.com/

About Bioeq:
Bioeq is a Swiss biopharmaceutical joint venture between the Polpharma Biologics Group and Formycon AG. Bioeq develops, licenses and commercializes biosimilars. www.bioeq.ch

About Teva Pharmaceutical Industries Ltd.:
Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) is a leading innovative biopharmaceutical company, enabled by a world-class generics business. For over 120 years, Teva’s commitment to bettering health has never wavered. From innovating in the fields of neuroscience and immunology to providing complex generic medicines, biosimilars and pharmacy brands worldwide, Teva is dedicated to addressing patients’ needs, now and in the future. At Teva, We Are All In For Better Health. To learn more about how, visit www.tevapharm.com.

About Biosimilars:
Since their introduction in the 1980s, biopharmaceutical drugs have revolutionized the treatment of serious and chronic diseases. By 2032, many of these drugs will lose their patent protection – including 45 blockbusters with an estimated total annual global turnover of more than 200 billion US dollars. Biosimilars are successor products to biopharmaceutical drugs for which market exclusivity has expired. They are approved in highly regulated markets such as the EU, the USA, Canada, Japan and Australia in accordance with strict regulatory procedures. Biosimilars create competition and thus give more patients access to biopharmaceutical therapies. At the same time, they reduce costs for healthcare systems. Global sales of biosimilars currently amount to around 21 billion US dollars. Analysts assume that sales could rise to over 74 billion US dollars by 2030.

Contact:
Sabrina Müller,
Director Investor Relations & Corporate Communications,
Formycon AG
Fraunhoferstr. 15
82152 Planegg-Martinsried
Germany

Tel.: +49 (0) 89 – 86 46 67 149
Fax: + 49 (0) 89 – 86 46 67 110
Sabrina.Mueller@formycon.com 

Disclaimer:
This press release may contain forward-looking statements and information which are based on Formycon’s current expectations and certain assumptions. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, performance of the company, development of the products and the estimates given here. Such known and unknown risks and uncertainties comprise, among others, the research and development, the regulatory approval process, the timing of the actions of regulatory bodies and other governmental authorities, clinical results, changes in laws and regulations, product quality, patient safety, patent litigation, contractual risks and dependencies from third parties. With respect to pipeline products, Formycon AG does not provide any representation, warranties or any other guarantees that the products will receive the necessary regulatory approvals or that they will prove to be commercially exploitable and/or successful. Formycon AG assumes no obligation to update these forward-looking statements or to correct them in case of developments which differ from those anticipated. This document neither constitutes an offer to sell nor a solicitation of an offer to buy or subscribe for securities of Formycon AG. No public offering of securities of Formycon AG will be made nor is a public offering intended. This document and the information contained therein may not be distributed in or into the United States of America, Canada, Australia, Japan or any other jurisdictions, in which such offer or such solicitation would be prohibited. This document does not constitute an offer for the sale of securities in the United States.


21.10.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
View original content: EQS News


Language: English
Company: Formycon AG
Fraunhoferstraße 15
82152 Planegg-Martinsried
Germany
Phone: 089 864667 100
Fax: 089 864667 110
Internet: www.formycon.com
ISIN: DE000A1EWVY8, NO0013586024
WKN: A1EWVY, A4DFJH
Indices: SDAX,
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; Oslo
EQS News ID: 2215804

 
End of News EQS News Service

2215804  21.10.2025 CET/CEST

ActiTrexx completes treatment of last patient with novel regulatory T cell therapy against Graft-versus-Host Disease

ActiTrexx GmbH

/ Key word(s): Study

ActiTrexx completes treatment of last patient with novel regulatory T cell therapy against Graft-versus-Host Disease

20.10.2025 / 10:00 CET/CEST

The issuer is solely responsible for the content of this announcement.


ActiTrexx completes treatment of last patient with novel regulatory T cell therapy against Graft-versus-Host Disease

  • Phase Ib/II study with Actileucel, a novel cellular product based on activated regulatory T cells for prevention of Graft-versus-Host Disease (GvHD)
  • Follow-up is ongoing to evaluate the safety of Actileucel treatment as well as frequency and severity of potential GvHD
  • Actileucel is the first regulatory T cell therapy from an unmatched third-party donor

Mainz, Germany, 20 October 2025 – ActiTrexx GmbH, a clinical-stage company focusing on the activation of regulatory T cells, has completed the treatment of the final patient in its first-in-human study with Actileucel, its novel allogeneic cell therapy for the prevention and treatment of Graft-versus-Host Disease (GvHD).

Actileucel is generated by activating regulatory T cells (Tregs) isolated from an unmatched, third-party donor via a fast proprietary process with a vein-to-vein time of 24 hours.

Prof. Dr. Andrea Tüttenberg, CEO of ActiTrexx, said: “The completion of patient treatment in our Phase Ib/II study marks an important milestone for our Actileucel program. Our approach, which uses activated regulatory T cells from a 3rd party donor who does not need to match the patient’s tissue markers, has the potential to control or prevent GvHD, a serious and often life-threatening complication following stem cell transplantation. Follow-up continues and once the full dataset is available, we plan on publishing the results in a peer-reviewed journal. The Nobel Prize in Medicine/Physiology awarded this year highlights the fundamental role of regulatory T cells in immune system control, which underlines the scientific rationale behind our approach.”

Prof. Dr. Martin Bornhäuser, Chief Physician and Director Department of Medicine I, University Hospital Carl Gustav Carus in Dresden, commented: “ActiTrexx’s proprietary method for activating and generating regulatory T cells is unique worldwide, highly innovative and represents a promising approach in the field of cell therapy. The use of regulatory T cells from a second donor to potentially control or prevent GvHD offers a novel strategy for a complication that affects half of all stem cell transplant recipients and has historically high mortality.”

The prospective open, single-arm non-randomized multicentric Phase Ib/II study included ten patients who had recently undergone an allogeneic haematopoietic stem cell transplantation as treatment for haematological malignancies such as acute leukemia.

Patients received a single treatment with Actileucel with a follow-up of six months, which is still ongoing for the last patients. Patients in the study were treated with increasing doses of activated regulatory T cells in three cohorts.

Primary endpoint of the study is the safety and tolerability of Actileucel treatment, while secondary endpoints include an assessment of the frequency and severity of GvHD in treated patients as well as of the feasibility of Actileucel manufacturing. The trial is being conducted at four sites in Germany, the III. Medical Clinic of the University Medical Center Mainz, the University Hospital Carl Gustav Carus in Dresden, the University Medical Centre of Münster, and the Internal Medicine II of the St. Johannes Hospital Dortmund.

“We are happy that the manufacturing process at ActiTrexx and the treatments at the study centers could proceed as planned, and we would like to thank everyone involved. We are confident that the study results will bring us a step closer to preventing GvHD via the specific activation of regulatory T cells,” added Dr. Helmut Jonuleit, CSO and Head of Production for ActiTrexx.
 

About GvHD
GvHD is a life-threatening side effect of allogeneic haematopoietic stem cell transplantation. Donor lymphocytes react against tissue antigens in the recipient and cause severe organ and tissue damage, that often takes a chronic course. GvHD is primarily triggered by the donor’s CD4+ T cells, whose activity is controlled by regulatory T cells. About 50% of patients develop the disease with a significantly increased mortality rate within 3 years after transplantation. Once developed, patients suffer from the often life-long symptoms.
 

About Actileucel
Actileucel is a cellular therapeutic agent that contains optimally activated regulatory T cells, the natural guardian cells of our immune system. Regulatory T cells modulate the activity of T cells and prevent unwanted inflammatory reactions. Actileucel suppresses the undesired activation of CD4+ T cells in the transplant, prevents the development of GvHD and promotes the development of a healthy immune system in the patient. The cellular therapeutic Actileucel is classified as an Advanced Therapy Medicinal Product (ATMP), produced in an automated process and ready for clinical use in patients within 24 hours.
 

About ActiTrexx
ActiTrexx is a clinical phase biotech company developing a platform of cellular and biologic therapies for overshooting T cell mediated autoimmune and autoinflammatory diseases with high medical unmet need. The first product candidate, Actileucel, is a cell therapy based on regulatory T cells that are activated in a proprietary ultrafast process, and is in clinical Phase Ib/II for the treatment of Graft-versus-Host Disease (GvHD) after blood stem cell transplantation. ActiTrexx GmbH was founded in 2020 as a spin-off from the University Medical Center Mainz and is backed by LBBW Venture Capital GmbH, High-Tech Gründerfonds (HTGF), Investitions- und Strukturbank Rheinland-Pfalz (ISB) and MediVentures GmbH. www.actitrexx.de
 

Contact
ActiTrexx GmbH
Prof. Dr. Andrea Tüttenberg, CEO
Tel.: +49 (0)6131-173186
E-Mail: info@actitrexx.de
Media requests
MC Services AG
Katja Arnold / Dr. Regina Lutz
Tel.: +49 (0)89 210 228 0
E-Mail: actitrexx@mc-services.eu

 


20.10.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
View original content: EQS News


2215480  20.10.2025 CET/CEST

Pulsion Medical Systems SE: MAQUET Medical Systems AG increases the amount of the cash compensation for the transfer of the shares in Pulsion Medical Systems SE to be EUR 20,67

Pulsion Medical Systems SE / Key word(s): Miscellaneous

Pulsion Medical Systems SE: MAQUET Medical Systems AG increases the amount of the cash compensation for the transfer of the shares in Pulsion Medical Systems SE to be EUR 20,67

17-Oct-2025 / 08:15 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group.

The issuer is solely responsible for the content of this announcement.


Ad hoc Announcement

in acc. with Article 17 (1) of the Market Abuse Regulation (MAR)

 

MAQUET Medical Systems AG increases the amount of the cash compensation for the transfer of the shares in Pulsion Medical Systems SE to be EUR 20,67

Feldkirchen, 17 October 2025

MAQUET Medical Systems AG, registered office: Rastatt, Kehler Straße 31, 76437 Rastatt (AG Mannheim HRB 719044), has increased the cash compensation set at EUR 20,57 per share on 17 October 2025 as part of the transfer request addressed to Pulsion Medical Systems SE, registered office: Feldkirchen, Hans-Riedl-Str. 21, 85622 Feldkirchen (AG Munich HRB 192563) pursuant to Art. 9 (1) (c) (ii) of the Regulation on the Statute for a European Company (SE) in conjunction with Section 327a (1) of the German Stock Corporation Act (AktG) to EUR 20,67 due to changes of capital market data. MAQUET Medical Systems AG stated that it would propose a corresponding resolution at the extraordinary general meeting of Pulsion Medical Systems SE on 17 October 2025 accordingly.

The court-appointed expert auditor, who confirmed the appropriateness of the originally determined cash compensation on 28 August 2025 has already indicated that, based on the current status, he will confirm the appropriateness of the increased cash compensation.

Pulsion Medical Systems SE

Hans-Riedl-Str. 21

85622 Feldkirchen

investor@pulsion.com

 

Phone: +49 89 459 914 0

 

Contact:

Contact person:

Investor Relations

PULSION Medical Systems SE

Stephan Haft

Managing Director

Phone: +49 89 / 459914 0

Fax: +49 89 / 459914 368

E-mail: info@pulsion.com

End of Inside Information

 

 

Language: English
Issuer, Contact:
Pulsion Medical Systems SE
Hans-Riedl-Str. 21
85622 Feldkirchen
Deutschland
Phone: +49 (0)89 4599 14-0
Fax: + 49 (0)89 4599 14-368
E-mail:  info@pulsion.com
Internet: www.pulsion.com
ISIN: DE0005487904
WKN: 548790
Listed: Munich Stock Exchange, Open Market
End of Announcement

 

End of Inside Information


17-Oct-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
View original content: EQS News


Language: English
Company: Pulsion Medical Systems SE
Hans-Riedl-Straße 21
85622 Feldkirchen
Germany
Phone: +49 (0)89 4599 14-0
Fax: +49 (0)89 4599 14-368
E-mail: info@pulsion.com
Internet: www.pulsion.com
ISIN: DE0005487904
WKN: 548790
Listed: Regulated Unofficial Market in Munich
EQS News ID: 2214470

 
End of Announcement EQS News Service

2214470  17-Oct-2025 CET/CEST

M1 Kliniken AG: M1 Kliniken AG: HAEMATO AG sells its 100% subsidiary HAEMATO Pharm GmbH to PHOENIX group

M1 Kliniken AG / Key word(s): Disposal/Investment

M1 Kliniken AG: M1 Kliniken AG: HAEMATO AG sells its 100% subsidiary HAEMATO Pharm GmbH to PHOENIX group

16-Oct-2025 / 18:39 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group.

The issuer is solely responsible for the content of this announcement.


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014

M1 Kliniken AG: HAEMATO AG sells its 100% subsidiary HAEMATO Pharm GmbH to PHOENIX group

M1 Kliniken AG announces that its 85% subsidiary, HAEMATO AG, today signed an agreement for the sale of its wholly owned subsidiary HAEMATO Pharm GmbH to the PHOENIX group, one of Europe’s leading healthcare providers headquartered in Mannheim. The completion of the transaction remains subject to the customary antitrust approvals. The parties have agreed not to disclose the financial details of the transaction.

With this transaction, M1 Kliniken AG is consistently pursuing its strategic course to position itself as a globally leading, vertically integrated pure-play provider in the field of medical aesthetics.

Contact:
Attila Strauss, Management Board
Corporate Communications
E-Mail: ir@m1-kliniken.de

End of Inside Information


16-Oct-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
View original content: EQS News


Language: English
Company: M1 Kliniken AG
Grünauer Straße 5
12557 Berlin
Germany
Phone: +49 (0)30 347 47 44 14
Fax: +49 (0)30 347 47 44 17
E-mail: ir@m1-kliniken.de
Internet: https://www.m1-kliniken.de
ISIN: DE000A0STSQ8
WKN: A0STSQ
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2214474

 
End of Announcement EQS News Service

2214474  16-Oct-2025 CET/CEST

Actor Pharmaceuticals and Megalabs become partners for the commercialization of Formycon’s Eylea® biosimilar FYB203 (aflibercept) for Australia and Latin America

Formycon AG

/ Key word(s): Agreement

Actor Pharmaceuticals and Megalabs become partners for the commercialization of Formycon’s Eylea® biosimilar FYB203 (aflibercept) for Australia and Latin America

16.10.2025 / 06:30 CET/CEST

The issuer is solely responsible for the content of this announcement.


Press Release // October 16, 2025
 

Actor Pharmaceuticals and Megalabs become partners for the commercialization of Formycon’s Eylea® biosimilar FYB203 (aflibercept) for Australia and Latin America
 

Planegg-Martinsried, Germany – Formycon AG (FSE: FYB, “Formycon”) announces that Klinge Biopharma GmbH (“Klinge”), the exclusive owner of the global commercialization rights of Formycon’s Eylea®1 biosimilar FYB203 (aflibercept), concluded an exclusive license agreement with Actor Pharmaceuticals Pty. Ltd. (“Actor”) for the commercialization of FYB203 in Australia. Furthermore, for Latin America, Klinge has signed an exclusive license agreement with Megalabs S.A. (“Megalabs”).

Upon signature of the agreements, Klinge is eligible to receive upfront and milestone payments, plus royalties on net sales. Formycon will participate in the mid-single-digit to low-double-digit percentage range in all payment streams to Klinge resulting from these agreements. Furthermore, Formycon will act as authorized designee to organize the supply chain for FYB203 and will receive additional service payments and a volume-based profit component for organizing the commercial market supplyon behalf of Klinge.

“Severe retinopathies are on the rise worldwide due to demographic trends and the increasing number of diabetes cases, which can lead to retinal diseases. With the partnerships for Australia and Latin America, Klinge has laid the foundation for making our Eylea® biosimilar FYB203 available as an effective and cost-efficient treatment option in further important regions of the world. With Actor and Megalabs, we have gained two strong distribution partners with excellent regional networks and a profound local market knowledge. Together, we are focused on improving the treatment options for the many patients who have been underserved in the past. At the same time, we are contributing to reduce the financial burden on healthcare systems,” says Nicola Mikulcik, Chief Business Officer (CBO) of Formycon AG.

Actor Pharmaceuticals is an established Australian pharmaceutical company specializing in the registration and commercialisation of innovative medicines and biosimilars in Australia. With a strong commitment to quality, patient access, and long-term partnerships, Actor Pharmaceuticals collaborates with global industry leaders to bring clinically proven therapies to the Australian market. The company’s expertise spans product registration, market access, and commercialization – driving growth across both prescription and over-the-counter segments.

Megalabs is a leading pharmaceutical company based in Uruguay with a strong presence and market position in the Americas. Megalabs is at the cutting edge of biotechnological innovation, with its High-Tech business unit serving as one of the main pillars of the organization’s success. The company’s various business areas also include the development, manufacturing and marketing of biosimilar products.

In June 2024, the aflibercept biosimilar FYB203 was approved by the US Food and Drug Administration (“FDA”). Approval by the European Commission followed in January 2025 and approval by the British MHRA one month later. For Australia, the regulatory application has been submitted to the Therapeutic Goods Administration (“TGA”). Formycon is also working closely with Megalabs to prepare the applications for approval in Latin American countries.2

Eylea® (aflibercept) is used to treat neovascular age-related macular degeneration (nAMD) and other severe retinal diseases. The active ingredient inhibits the vascular endothelial growth factor (VEGF), which is responsible for the excessive formation of blood vessels in the retina.

———————–

1)  Eylea® is a registered trademark of Regeneron Pharmaceuticals Inc.

2)  The commercial launch of FYB203 in Australia and Latin America depends on several factors – firstly on approval by the respective regional regulatory authorities, and secondly on the progress and outcome of ongoing or potential future patent litigation or possible settlement agreements.

About Formycon:
Formycon AG (FSE: FYB) is a leading, independent developer of high-quality biosimilars, follow-on products of biopharmaceutical medicines. The company focuses on therapies in ophthalmology, immunology, immuno-oncology and other key disease areas, covering almost the entire value chain from technical development through clinical trials to approval by the regulatory authorities. For commercialization of its biosimilars, Formycon relies on strong, well-trusted and long-term partnerships worldwide. With FYB201/ranibizumab and FYB202/ustekinumab, Formycon already has two biosimilars on the market. Another biosimilar, FYB203/aflibercept, has been approved by the FDA, EMA, and MHRA. Four pipeline candidates are currently in development. With its biosimilars, Formycon is making an important contribution to providing as many patients as possible with access to highly effective and affordable medicines.

Formycon AG is headquartered in Munich, listed in the Prime Standard of the Frankfurt Stock Exchange: FYB / ISIN: DE000A1EWVY8 / WKN: A1EWVY and is part of the SDAX selection index. Further information can be found at: https://www.formycon.com/

About Biosimilars:
Since their introduction in the 1980s, biopharmaceutical drugs have revolutionized the treatment of serious and chronic diseases. By 2032, many of these drugs will lose their patent protection – including 45 blockbusters with an estimated total annual global turnover of more than 200 billion US dollars. Biosimilars are successor products to biopharmaceutical drugs for which market exclusivity has expired. They are approved in highly regulated markets such as the EU, the USA, Canada, Japan and Australia in accordance with strict regulatory procedures. Biosimilars create competition and thus give more patients access to biopharmaceutical therapies. At the same time, they reduce costs for healthcare systems. Global sales of biosimilars currently amount to around 21 billion US dollars. Analysts assume that sales could rise to over 74 billion US dollars by 2030.

About Actor Pharmaceuticals:
Actor Pharmaceuticals is a privately held pharmaceutical company dedicated to improving access to high-quality, clinically proven healthcare products across Australia and New Zealand. With a focus on trusted European brands, innovation, and patient well-being, Actor partners with global manufacturers to introduce and grow consumer and prescription health solutions in the region. Backed by deep industry expertise and a long-term vision, Actor Pharmaceuticals is committed to building enduring brands that make a meaningful difference in people’s lives.

About Megalabs:
Megalabs is a pharmaceutical company committed to providing healthcare professionals and consumers with affordable therapeutic solutions for a healthier and more fulfilling life. The company is present in 20 countries, with more than 8,000 collaborators, and offers more than 1,800 products that span all therapeutic areas. Its continuous growth is supported by 18 production plants, a highly diversified portfolio with more than 1,800 products, and 12 R&D centers. Megalabs is a forward-looking company with an established reputation as one of the leading pharmaceutical players in the Americas.

Contact:
Sabrina Müller
Director Investor Relations and Corporate Communications
Formycon AG
Fraunhoferstr. 15
82152 Martinsried/Planegg
Germany

phone +49 (0) 89 – 86 46 67 149
fax + 49 (0) 89 – 86 46 67 110
Sabrina.Mueller@formycon.com

Disclaimer:
This press release may contain forward-looking statements and information which are based on Formycon’s current expectations and certain assumptions. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, performance of the company, development of the products and the estimates given here. Such known and unknown risks and uncertainties comprise, among others, the research and development, the regulatory approval process, the timing of the actions of regulatory bodies and other governmental authorities, clinical results, changes in laws and regulations, product quality, patient safety, patent litigation, contractual risks and dependencies from third parties. With respect to pipeline products, Formycon AG does not provide any representation, warranties or any other guarantees that the products will receive the necessary regulatory approvals or that they will prove to be commercially exploitable and/or successful. Formycon AG assumes no obligation to update these forward-looking statements or to correct them in case of developments which differ from those anticipated. This document neither constitutes an offer to sell nor a solicitation of an offer to buy or subscribe for securities of Formycon AG. No public offering of securities of Formycon AG will be made nor is a public offering intended. This document and the information contained therein may not be distributed in or into the United States of America, Canada, Australia, Japan or any other jurisdictions, in which such offer or such solicitation would be prohibited. This document does not constitute an offer for the sale of securities in the United States.


16.10.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Formycon AG
Fraunhoferstraße 15
82152 Planegg-Martinsried
Germany
Phone: 089 864667 100
Fax: 089 864667 110
Internet: www.formycon.com
ISIN: DE000A1EWVY8, NO0013586024
WKN: A1EWVY, A4DFJH
Indices: SDAX,
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; Oslo
EQS News ID: 2213750

 
End of News EQS News Service

2213750  16.10.2025 CET/CEST

Xlife Sciences AG Publishes 2024 ESG Report: Sustainable Value Creation as a Strategic Core

Compared to the previous year, Xlife Sciences recorded significant improvements in its sustainability performance: both water consumption and indirect emissions were substantially reduced. At the same time, ESG considerations were further integrated into investment decisions and portfolio management, employee training was expanded, and collaboration with Generation Impact Global as a GRI partner was continued to further enhance transparency and international comparability.

This year’s edition of the report also highlights the ongoing development of ESG structures and processes, measurable progress in energy efficiency, resource conservation, and emissions reduction, as well as the promotion of diversity, equality, and continuous education across all levels.

«We invest in innovations that improve people’s lives while taking responsibility for their ecological and social impact. The 2024 ESG Report underscores our commitment to embedding sustainable value creation in the life sciences sector over the long term», said Désirée A. Dosch, Member of the Board of Directors, Xlife Sciences AG.

The report was prepared in accordance with the Global Reporting Initiative (GRI) standards, which provide internationally recognized guidelines for transparent and comparable sustainability reporting. As part of its commitment to responsible action, Xlife Sciences is supporting the Cleaner, Safer Water in Cambodia Initiative in 2024 – a Gold Standard-certified climate protection program that provides rural communities with access to clean drinking water through ceramic filters. The project reduces CO₂ emissions by around 90.000 tons per year, protects forests, strengthens local businesses, and improves the living conditions of nearly two million people – an example of how Xlife Sciences combines environmental responsibility with social impact.

The full 2024 ESG Report is available for download at https://www.xlifesciences.ch/en/esg-en

 

Financial calendar

Annual Report 2025 28 April 2026
Annual Shareholders Meeting 2026 26 June 2026
Half-Year Report 2026 24 September 2026

DocMorris accelerates sequential Rx growth and increases non-Rx revenue

DocMorris AG

/ Key word(s): 9 Month figures

DocMorris accelerates sequential Rx growth and increases non-Rx revenue

16.10.2025 / 07:00 CET/CEST


Frauenfeld, 16 October 2025

Press release

DocMorris accelerates sequential Rx growth and increases non-Rx revenue

  • Total revenue rises by 9.5 per cent in the first nine months
  • Sequential Rx quarterly growth accelerates to 9.2 per cent in Q3
  • Non-Rx business in Germany grows in all areas; TeleClinic up over 140 per cent
  • Full roll-out of AI-based DocMorris health companion
  • Andrea Skersies appointed CCO and member of the Executive Board

CEO Walter Hess says: “Our continuous growth shows that we are on the right track with marketing efficiency in our core business and the scaling of innovative services. With the new AI-based DocMorris Health Companion, we are using artificial intelligence for millions of customers and patients and making it a tangible experience. We are also strengthening our position as Europe’s trusted health brand. David Masó becomes new Chief AI Health Officer, and with Chief Commercial Officer Andrea Skersies, we are expanding the Group Executive Board with an experienced e-commerce expert.”

CFO Daniel Wüest adds: “DocMorris has made an encouraging start to what is traditionally its strongest fourth quarter. The figures for the first nine months confirm our growth trajectory: we have significantly increased both revenue and our customer base and are on track to achieve our 2025 outlook. In the third quarter, the focus was on sustainable, profitable and future sales growth while improving profitability through efficiency gains and cost reductions. This will enable us to lay the foundation for achieving our EBITDA breakeven target in the course of 2026.”

Significant revenue growth in the first nine months

  • DocMorris increased its external revenue[1] by 9.5 per cent[2] to CHF 854.3 million in the first nine months 2025, despite the discontinuation of the Zur Rose brand in Germany at the end of 2024.
  • In the third quarter, sales increased by 8.1 per cent to CHF 282.3 million, despite the usual seasonal slowdown due to the summer holidays.
  • The Germany segment grew by 10.0 per cent in the first nine months, while revenue in the Europe segment increased by 2.7 per cent with a focus on profitability.
  • The number of active customers[3] increased from 10.3 million to 10.6 million in the first nine months and from 10.5 million to 10.6 million in the third quarter.

Sequential Rx growth continues to accelerate

  • External Rx revenue rose significantly by 37.9 per cent in the first nine months.
  • Sequential Rx growth continued to accelerate: from the second to the third quarter, Rx revenue increased by 9.2 per cent.

Revenue increase across all non-Rx areas

  • Non-Rx external revenue[4] increased by 4.3 per cent in the first nine months and also grew across all areas from the second to the third quarter.
  • TeleClinic increased its revenue by more than 140 per cent to over CHF 17 million in the first nine months and is increasingly becoming an important part of the German business.
  • TIME Magazine named TeleClinic one of the “World’s Top HealthTech Companies 2025”.
  • Retail media and the marketplace achieved high double-digit growth.
  • All service platforms are making a disproportionately large contribution to profitability.

DocMorris health companion available to all app users

  • The AI-based DocMorris health companion has been available to all users of the DocMorris app since the beginning of October with the full rollout of the beta phase of the DocMorris Assistant.
  • DocMorris is also strengthening the strategic importance of the AI-based health companion in organisational terms and consolidates the associated activities relating to the digital health ecosystem under Executive Board member David Masó as the new Chief AI Health Officer (CAHO).

Streamlining management structures and using AI to increase efficiency

  • DocMorris is bundling all e-commerce activities in the Germany and Europe segments under Andrea Skersies as the new Chief Commercial Officer (CCO) and member of the Executive Board, while at the same time reducing one management level. Andrea Skersies has many years of management experience in online retail, including 13 years as Chief Marketing Officer (CMO) and member of the Executive Board at Zooplus and as CMO of an online pharmacy.
  • As part of this realignment, further management structures will be adjusted and the organisation streamlined in a targeted manner.
  • DocMorris is also reducing costs through the increased use of AI automation.

Outlook

  • Management confirms the revenue and earnings guidance for 2025 communicated on 10 April, as well as EBITDA breakeven in the course of 2026 and free cash flow breakeven in the course of 2027. The other medium-term targets remain unchanged.

 

Revenue, in CHF million (unaudited) 1.1.-30.9.2025 1.1.-30.9.2024 Change
DocMorris external revenue 854.3 795.8 7.4%
DocMorris external revenue in local currency     9.5%
DocMorris 809.4 744.7 8.7%
DocMorris in local currency     10.9%
       
Markets      
Germany external revenue 806.2 748.0 7.8%
Germany external revenue in local currency     10.0%
Germany external revenue Rx 170.5 126.2 35.1%
Germany external revenue Rx in local currency     37.9%
Germany external revenue non-Rx 635.7 621.8 2.2%
Germany external revenue non-Rx in local currency     4.3.%
Germany 761.3 696.9 9.2%
Germany in local currency     11.4%
Europe 48.1 47.7 0.7%
Europe in local currency     2.7%

 

Revenue, in CHF million (unaudited) 1.7.-30.9.2025 1.7.-30.9.2024 Change
DocMorris external revenue 282.3 265.7 6.3%
DocMorris external revenue in local currency     8.1%
DocMorris 268.1 248.4 8.0%
DocMorris in local currency     9.8%
       
Markets      
Germany external revenue 267.6 250.2 6.9%
Germany external revenue in local currency     8.8%
Germany external revenue Rx 60.9 48.1 26.4%
Germany external revenue Rx in local currency     28.8%
Germany external revenue non-Rx 206.8 202.1 2.3%
Germany external revenue non-Rx in local currency     4.1%
Germany 253.5 233.0 8.8%
Germany in local currency     10.7%
Europe 14.6 15.4 -5.0%
Europe in local currency     -3.4%

 

Investors and analyst contact
Dr. Daniel Grigat, Head of Investor Relations & Sustainability
Email: ir@docmorris.com, phone: +41 52 560 58 10

Media contact
Torben Bonnke, Director Communications
Email: media@docmorris.com, phone: +49 171 864 888 1

 

Agenda

20 January 2026 Sales 2025
19 March 2026 2025 Full-year results and outlook 2026 (conference call/webcast)
16 April 2026 Q1/2026 Trading update
12 May 2026 Annual General Meeting, Zurich
19 August 2026 2026 Half-year results (conference call/webcast)
15 October 2026 Q3/2026 Trading update

 

DocMorris
The Swiss-based DocMorris AG is a leading company in the fields of online pharmacy, telemedicine and marketplace with strong brands in Germany and other European countries. Deliveries are mainly from the highly automated logistics centre in Heerlen, the Netherlands. TeleClinic is Germany’s largest telemedicine platform, connecting patients with more than 5,000 physicians. DocMorris operates leading marketplaces for health and personal care products in Southern Europe. With its broad range of products and services, DocMorris is pursuing its vision of becoming the leading digital health companion for everyone to manage their health in one click. Around 1,600 employees in Germany, the Netherlands, Spain, France, Portugal and Switzerland generated an external revenue of CHF 1,085 million serving more than10 million active customers in 2024. The shares of DocMorris AG are listed on the SIX Swiss Exchange (securities number 4261528, ISIN CH0042615283, ticker DOCM). For further information, please visit corporate.docmorris.com.

 

Disclaimer
This communication expressly or implicitly contains certain forward-looking statements concerning DocMorris AG and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of DocMorris AG to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. DocMorris AG is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

 

[1] External revenue consists of the consolidated revenue of DocMorris plus online revenues of pharmacies supplied by DocMorris, less the consolidated revenue from supplying them.

[2] All percentages are in local currency.

[3] Customers supplied by DocMorris, either directly or through its partners.

[4] Consisting of OTC business and services (TeleClinic, marketplace, retail media)


End of Media Release


Language: English
Company: DocMorris AG
Walzmühlestrasse 49
8500 Frauenfeld
Switzerland
ISIN: CH0042615283
Listed: SIX Swiss Exchange
EQS News ID: 2213728

 
End of News EQS News Service

2213728  16.10.2025 CET/CEST

Sartorius Stedim Biotech publishes unaudited results for the first nine months of 2025

Sartorius Stedim Biotech SA

/ Key word(s): 9 Month figures

Sartorius Stedim Biotech publishes unaudited results for the first nine months of 2025

16-Oct-2025 / 07:00 CET/CEST


Aubagne, France | October 16, 2025

Sartorius Stedim Biotech publishes unaudited results for the first nine months of 2025

  • Sales revenue reaches 2,195 million euros, up by a double-digit 10.2 percent in constant currencies (reported: 8.2 percent)
  • High-margin consumables business records continued significant growth
  • Underlying EBITDA1 increases by 21.0 percent to 683 million euros, outpacing sales revenue growth; underlying EBITDA margin climbs to 31.1 percent
  • Management sharpens full-year guidance at upper end of forecast range             

Sartorius Stedim Biotech, a leading partner to the biopharmaceutical industry, maintained its dynamic growth path with significant increases in sales revenue and profitability in the first three quarters of the fiscal year.

“Sartorius Stedim Biotech delivered a strong performance in the first nine months of the year, driven by substantial, double-digit growth in our consumables business. While customers are still hesitant to invest, we do see our bioprocessing equipment business stabilizing. In light of these positive developments, we are very confident about the remainder of the year and have sharpened our 2025 forecast at the upper end of the previously defined range,” said Dr. René Fáber, CEO of Sartorius Stedim Biotech. “Our biopharma customers are under increasing pressure to accelerate timelines and cut costs for innovative therapies – while patients await breakthrough treatments. We support them with a portfolio designed to simplify processes, intensify production, and scale up with confidence.”

Business development1
In the first nine months of fiscal 2025, Sartorius Stedim Biotech recorded a significant increase in sales revenue of 10.2 percent in constant currencies, reaching 2,195 million euros. The reported growth rate stood at 8.2 percent, mainly due to the depreciation of the US dollar. The development was driven by the high-margin business with consumables for the manufacture of biopharmaceuticals, which continued its strong growth trend. While remaining soft due to the industry-wide reluctance of customers to invest, business with bioprocess equipment and systems is stabilizing. All regions contributed to the positive development: Sales revenue in the Americas and Asia/Pacific regions saw double-digit growth, up 11.8 percent and 11.2 percent respectively in constant currencies. In the EMEA region, where business recovery had already begun earlier, sales revenue rose by 8.4 percent.

Underlying EBITDA grew even more strongly than sales revenue, increasing by 21.0 percent to 683 million euros, mainly due to volume, product mix, and scale effects. The corresponding margin grew strongly by 3.3 percentage points to 31.1 percent (PY: 27.8 percent).

Underlying net profit was up significantly by 34.3 percent and reached 320 million euros (PY: 238 million euros), while net profit after non-controlling interest surged by 68.5 percent to 218 million euros (PY: 129 million euros). Underlying earnings per share climbed to 3.28 euros (PY: 2.46 euros), and earnings per share to 2.24 euros (PY: 1.34 euros).

As of September 30, 2025, Sartorius Stedim Biotech employed 10,134 people – an increase of 233 employees compared to the end of 2024, mainly due to the hiring of additional production personnel.

Between January and September, the company expanded its product portfolio to further enhance productivity in drug manufacturing, including new offerings for process intensification. Additionally, in the third quarter, Sartorius Stedim Biotech introduced an enhanced filtration solution for monoclonal antibodies, which enables shorter processes and reduces water consumption, as well as new software solutions for bioprocesses. The company also entered into a collaboration with the US start-up Nanotein Technologies to advance the commercialization and development of innovative reagents that promote cell activation and expansion in cell therapy manufacturing.

Key financial indicators
Sartorius Stedim Biotech’s balance sheet and key financial figures remain at very robust levels. Equity amounted to 4,072 million euros as of September 30, 2025, with an equity ratio1 of 51.7 percent (December 31, 2024: 4,024 million euros and 48.7 percent, respectively).

Investments in the company’s global research and production infrastructure amounted to 276 million euros compared with 260 million euros in the prior-year period. The ratio of capital expenditures to sales revenue increased over the year, as planned, reaching 12.6 percent by the end of September (PY 12.8 percent).

Gross debt totaled 2,563 million euros, net debt 2,264 million euros (December 31, 2024: 2,869 million euros and 2,191 million euros, respectively). As planned, the ratio of net debt to underlying EBITDA1 was reduced further and stood at 2.5 (December 31, 2024: 2.8).

Guidance for fiscal 2025 specified 
Based on the year-to-date results and taking into account the anticipated impact of existing tariffs as well as the strong basis for comparison of the fourth quarter of 2024, management further sharpens its full-year guidance at the upper end of the forecast range. The company now expects sales revenue growth of around 9 percent (previously: 7 percent with a forecast range of around plus/minus two percentage points). In terms of profitability, management anticipates an underlying EBITDA margin of around 31 percent (previously: around 30 to 31 percent).
 
The forecast for the ratio of capital expenditures to sales revenue remains unchanged at around 13 percent, and the ratio of net debt to underlying EBITDA1 is still expected to be at around 2.5.

1 Sartorius Stedim Biotech publishes alternative performance measures that are not defined by international accounting standards. These are determined with the aim of improving the comparability of business performance over time and within the industry.  

  • Constant currencies: figures given in constant currencies eliminate the impact of changes in exchange rates by applying the same exchange rate for the current and the previous period. 
  • Organic: organic growth figures exclude the impact from changes in exchange rates and changes in the scope of consolidation. 
  • Underlying EBITDA: earnings before interest, taxes, depreciation, and amortization and adjusted for extraordinary items  
  • Underlying net profit: profit for the period after non-controlling interest, adjusted for extraordinary items and amortization, as well as based on the normalized financial result and the normalized tax rate
  • Underlying earnings per share: underlying net profit in relation to the weighted-average number of shares outstanding
  • Equity ratio: equity in relation to the balance sheet total 
  • Ratio of net debt to underlying EBITDA: quotient of net debt and underlying EBITDA over the past 12 months, including the pro forma amount contributed by acquisitions for this period 

2 EMEA = Europe, Middle East, Africa 
 
This media release contains forward-looking statements about the future development of the Sartorius Stedim Biotech Group. Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such statements. Sartorius Stedim Biotech assumes no liability for updating such statements in light of new information or future events. Sartorius Stedim Biotech shall not assume any liability for the correctness of this release. The original French media release is the legally binding version. 
 
Forecasts have been prepared based on historical information and are consistent with accounting policies. All forecast figures are based on constant currencies, as in past years. Management points out that the dynamics and volatilities in the industry have increased significantly in recent years. In addition, uncertainties due to the changed geopolitical situation, such as the emerging decoupling tendencies of various countries as well as the trade policy framework conditions, are playing a greater role. This results in higher uncertainty when forecasting business figures. 

Conference Call  
Dr. René Fáber, CEO of the Sartorius Stedim Biotech Group, will discuss the company’s 9M results with analysts and investors in a conference call at 1.00 p.m. CEST on October 16, 2025.  
Register here: https://sar.to/9M_2025_IR_Conference

 
 
Key Performance Indicators for the first nine months of 2025
 

in millions of € unless otherwise specified 9 mon. 2025 9 mon. 2024 Δ in % Δ in % cc1
Sales revenue 2,195.3 2,028.7 8.2 10.2
  • EMEA2
921.3 850.5 8.3 8.4
  • Americas2
781.9 718.6 8.8 11.8
  • Asia | Pacific2
492.1 459.6 7.1 11.2
Results        
Underlying EBITDA3 683.1 564.7 21.0  
Underlying EBITDA margin3 in % 31.1 27.8    
Underlying net profit4 319.5 238.0 34.3  
Underlying earnings per share4 in € 3.28 2.46 33.3  
Net profit5 218.3 129.5 68.5  
Earnings per share5 in € 2.24 1.34 67.3  
Cashflow        
Cash flow from operating activities 445.7 530.2 -15.9  
Free cash flow6 166.8 270.4 -38,3  
         

1 cc = constant currency: Figures given in constant currencies eliminate the impact of changes in exchange rates by applying the
same exchange rate for the current and the previous period
2 According to customer location
3 Underlying EBITDA = earnings before interest, taxes, depreciation and amortization, and adjusted for extraordinary items
4 Relevant / underlying net profit = net profit after non-controlling interest; adjusted for extraordinary items and 
amortization, and based on a normalized financial result and normalized tax rate
5 After non-controlling interest
6 Cash flow from operating activities minus cash flow from investing activities

Figures are not audited or reviewed


Reconciliation of alternative performance measures
 

Reconciliation between EBIT and underlying EBITDA    
In millions of € 9 mon. 2025 9 mon. 2024
EBIT (operating result) 405.0 285.6
Extraordinary Items 43.9 57.9
Depreciation & amortization 234.2 221.1
Underlying EBITDA 683.1 564.7
     

Reconciliation between EBIT and underlying net result

In millions of € 9 mon. 2025 9 mon. 2024
EBIT (operational result) 405.0 285.6
Extraordinary Items 43.9 57.9
Amortization | IFRS 3 85.3 87.7
Normalized financial result1 –101.8 –106.1
Normalized income tax (26%)2 –112.4 –84.6
Underlying net result 319.9 240.7
Non-controlling interest –0.4 –2.7
Underlying net result excluding non-controlling interest 319.5 238.0
Underlying earnings per share in € 3.28 2.46
     

1 Financial result excluding fair value adjustments of hedging instruments and currency effects relating to financing activities
2 Underlying income tax, based on the underlying profit before taxes and amortization
Figures are not audited or reviewed
 

Ratio of net debt to underlying EBITDA    
in millions of €unless otherwise specified Sept. 30, 20251 Dec. 31, 2024
Gross debt 2,563.1 2,869.5
– Cash and Cash equivalents 298.7 678.9
Net debt 2,264.4 2,190.6
     
Underlying EBITDA (12 months) 897.3 779.0
Ratio of net debt to underlying EBITDA 2.5 2.8
     

1 Figures are not audited or reviewed
 

Capital expenditures    
in millions of € unless otherwise specified 9 mon. 2025 9 mon. 2024
Sales revenue 2,195.3 2,028.7
Capital expenditures 276.1 259.8
Capital expenditures as % of sales revenue 12.6 12.8
     

Figures are not audited or reviewed


A Profile of Sartorius Stedim Biotech
Sartorius Stedim Biotech is a leading international partner to the biopharmaceutical industry. As a provider of innovative solutions, the company based in Aubagne, France, helps its customers to manufacture biotech medications, such as cell and gene therapies, more safely, rapidly, and sustainably. The shares of Sartorius Stedim Biotech S.A. are listed on the Euronext Paris. The company has a strong global reach with manufacturing and R&D sites as well as sales entities in Europe, North America, and Asia. Sartorius Stedim Biotech regularly expands its portfolio through acquisitions of complementary technologies. In 2024, the company generated sales revenue of around 2.8 billion euros. More than 9,900 employees work for customers around the globe.

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Contact
Leona Malorny
Head of External Communications
+49 551 308 4067
leona.malorny@sartorius.com
 


Attachment

File: Sartorius Stedim Biotech publishes unaudited results for the first nine months of 2025 | Media Release


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2213762  16-Oct-2025 CET/CEST