Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Sweden
  4. Nasdaq Stockholm
  5. Biovica International AB (publ)
  6. News
  7. Summary
    BIOVIC B   SE0008613731

BIOVICA INTERNATIONAL AB (PUBL)

(BIOVIC B)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Biovica International : DiviTum«TKa budget impact model results show potential for savings in cost of care

04/23/2021 | 02:31am EDT

Biovica, active in cancer diagnostics, today announced that the results from a budget impact model of monitoring with DiviTum®TKa can give savings of up to three times the extra spend relative to current management. The results will be presented at the leading health economics and outcomes research conference, ISPOR 2021 in May.

The benefits from including DiviTum®TKa when monitoring hormone receptor positive metastatic breast cancer would primarily come from reduction of futile therapy cost and from a reduction other monitoring costs, i.e., imaging costs.

“New healthcare interventions often add to the total cost of care. We set out to understand if adding a new blood-based test could actually translate to savings in cost of care. In this context the model indicates that inclusion of DiviTum®TKa seems to be a positive exception and should deliver savings.” said Scott D. Ramsey from the Fred Hutchison Cancer Research Center.

“Our vision has always been that DiviTumTKa should add value and reduce complexity to the healthcare system, as well as contributing to better outcome for patients. We know that a blood test is less cumbersome for patients than current monitoring options and are pleased to see that these results suggest that the test can deliver significant improvements in healthcare efficiency. I’d also want to thank the team at the renowned University of Washington and Fred Hutchison Cancer Research Center that has performed this in-depth analysis.” said Anders Rylander, Biovica’s CEO.

The data will be presented at the ISPOR conference starting from 17 May. https://www.ispor.org/conferences-education/conferences/upcoming-conferences/ispor-2021/program/program

© Modular Finance, source Nordic Press Releases

All news about BIOVICA INTERNATIONAL AB (PUBL)
06/30BIOVICA INTERNATIONAL AB : – Annual report for the financial year 2020/202..
AQ
06/17BIOVICA INTERNATIONAL : Year-end Report February-April 2020/2021
AQ
06/17Biovica International AB Publ Reports Earnings Results for the Fourth Quarter..
CI
06/11BIOVICA INTERNATIONAL : - Premium potential
AQ
05/22BIOVICA INTERNATIONAL : Capital Markets Day invitation June 9
AQ
05/20BIOVICA INTERNATIONAL : DiviTumTKa shows strong capabilities in malignant melano..
AQ
05/20Biovica’S Divitumtka Shows Strong Capabilities in Malignant Melanoma
CI
04/29BIOVICA INTERNATIONAL : strengthens the management team
AQ
04/29Biovica Announces Management Appointments
CI
04/23BIOVICA INTERNATIONAL : DiviTum«TKa budget impact model results show potential f..
AQ
More news
Financials
Sales 2022 39,0 M 4,53 M 4,53 M
Net income 2022 -28,0 M -3,25 M -3,25 M
Net cash 2022 90,0 M 10,5 M 10,5 M
P/E ratio 2022 -57,9x
Yield 2022 -
Capitalization 1 628 M 189 M 189 M
EV / Sales 2022 39,4x
EV / Sales 2023 23,1x
Nbr of Employees 20
Free-Float 41,9%
Chart BIOVICA INTERNATIONAL AB (PUBL)
Duration : Period :
Biovica International AB (publ) Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 2
Last Close Price 57,30 
Average target price
Spread / Average Target -
EPS Revisions
Managers and Directors
Anders Rylander Chief Executive Officer & Director
Cecilia Driving CFO, Head-Human Resource, IR & EVP
Lars Erik Holmqvist Chairman
Mattias Bergqvist Director-Clinical Development
Otti Bengtsson Gref Director-Research & Development
Sector and Competitors