Report
Hugo Solvet

BIOM'UP: Not out of the rut yet; suspending rating on risk to business continuity | SUSPENDED | Under Review

BIOM'UP - SUSPENDED | Under Review
Not out of the rut yet; suspending rating on risk to business continuity

Low-end of FY19 guidance implies 40% of annual sales in Q4
Where do we stand on management changes
EUR2m cash threshold to be crossed downwards this month
Suspending rating on risk to business continuity
Underlying
Biom Up SA

Share-based compensationBiom'Up develops and sells collagen-based implantable and resorbable medical and biomaterial devices derived from biopolymers mainly in France and the United States. Co. has created clinically tested products for use in many specialties such as orthopedic, spinal, acrothoracic, general, maxillofacial and dental surgeries. Co.'s portfolio includes the following products: MATRI™ BONE and COVA™, trademarked in 2009, HEMOSNOW™ in 2012, COVAMESH™ in 2013 and Co.'s flagship product HEMOBLAST™ Bellows trademarked in 2016. In the United States, Co. obtained Pre-Market Approval (PMA) for HEMOBLAST™ Bellows, giving it access to the North American market.

Provider
Bryan Garnier
Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

Analysts
Hugo Solvet

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