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    BIOVIC B   SE0008613731

BIOVICA INTERNATIONAL AB (PUBL)

(BIOVIC B)
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Biovica International : strengthens management team

08/10/2021 | 02:01am EDT

Biovica, active in cancer diagnostics, today announced that Warren Cresswell has been appointed President Americas and will be part of the management team.

Warren Cresswell has previously worked in senior management roles for 17 years at the Danish diagnostics company Dako and after that he spent five years, three of which as CEO, at Prometheus Laboratories, a diagnostics start-up that was acquired by Nestlé Health Science.

“Warren contributes with experience of developing and lead commercially successful organizations. With 25 years of experience from the diagnostics industry, he brings with him an extensive network and valuable knowledge about the American market within the field of oncology. Warren is an important piece of the puzzle in Biovica's market introduction of DiviTum®TKa,” said Anders Rylander, CEO of Biovica.

“I am thrilled to join the team at Biovica. DiviTum®TKa promises great value for patients and payers, and a fantastic commercial potential. I look forward to contributing to this exciting journey,” said Warren Cresswell, President Americas of Biovica.

Warren Cresswell holds a Bachelor´s Degree in Chemistry from California State University Northridge and an MBA from the University of Pittsburgh. He started at Biovica on August 1.

© Modular Finance, source Nordic Press Releases

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Financials
Sales 2022 48,6 M 5,68 M 5,68 M
Net income 2022 -32,6 M -3,80 M -3,80 M
Net cash 2022 252 M 29,4 M 29,4 M
P/E ratio 2022 -48,7x
Yield 2022 -
Capitalization 1 397 M 163 M 163 M
EV / Sales 2022 23,5x
EV / Sales 2023 7,51x
Nbr of Employees 23
Free-Float 41,9%
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Mean consensus OUTPERFORM
Number of Analysts 1
Last Close Price 49,15 SEK
Average target price 103,00 SEK
Spread / Average Target 110%
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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
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