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Bioporto A/S (BIOPOR.CO)

BIOPOR.CO on Copenhagen Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Bioporto FY EBIT loss widens to DKK 25.0 million
Wednesday, 15 Mar 2017 03:40am EDT 

Bioporto A/S : FY revenue 20.7 million Danish crowns ($3 million) versus 20.4 million crowns year ago . FY EBIT loss 25.0 million crowns versus loss 12.8 million crowns year ago . Expects revenue growth of 20-35 pct in 2017, driven by research sales in US and agreement with Siemens .In 2017 full attention is directed to sales initiatives and targeted efforts to secure successful approval, that are expected to kick-start sales of NGAL test in us in 2018.  Full Article

Bioporto expands its NGAL related patent portfolio
Wednesday, 28 Dec 2016 09:38am EST 

Bioporto A/S : Says expands its NGAL related patent portfolio . Has entered into exclusive license agreement with Trustees of Columbia, University for NGAL patents .Agreement covers several world-wide NGAL patents and applications, with right to sublicense these patents.  Full Article

BioPorto Q2 EBIT loss increases to DKK 7.7 mln
Thursday, 4 Aug 2016 02:57am EDT 

Bioporto A/S : Q2 revenue 4.7 million Danish crowns ($703,382.22) versus 5.8 million crowns year ago . Q2 EBIT loss 7.7 million crowns versus loss 4.0 million crowns year ago . EBIT for full year 2016 is adjusted from a loss of around 16-18 million crowns, to a loss of around 19-21 million crowns . Adjusts its expectations for a turnover in 2016 from around 23-26 million crowns to 23-25, million crowns representing a growth of 13-23 pct .2016 profit after tax is adjusted from a loss of 14.5-16.5 million crowns to a loss of 17-19 million crowns.  Full Article

BioPorto to reapply for FDA approval of NGAL Test
Monday, 4 Jul 2016 05:53am EDT 

BioPorto A/S : Decides to reapply for FDA approval of the NGAL test . Expects to obtain approval within 18-24 months .Financial outlook for 2016 is maintained.  Full Article

Bioporto: FDA rejects application for registration of NGAL Test
Monday, 30 May 2016 01:00am EDT 

Bioporto A/S : The FDA rejects application for the registration og The NGAL Test . Registration application for NGAL Test rejected on grounds that submission does not provide adequate clinical and analytical data to support a reasonable assurance of approval of device . Cannot begin commercialization of NGAL Test for clinical use in US as previously expected, whereas sales for research use continues . As a result of FDA's rejection of application, expectations for 2016 are adjusted . Sees 2016 revenues of around 23 million-26 million Danish crowns ($3.43 million - $3.88 million) (previously around 27-30 million crowns) .Sees 2016 operating loss (EBIT) of 16-18 million crowns (previously a loss of around 11-13 million crowns).  Full Article

Bioporto NGAL Forms patent upheld after EPO ruling
Wednesday, 18 May 2016 08:36am EDT 

Bioporto A/S : Says the company's NGAL Forms patent is upheld after European Patent Office (EPO) ruling .Decision is a first instance decision and can be appealed by the opponent.  Full Article

BioPorto cuts FY 2016 EBIT outlook due to warrants program
Friday, 8 Apr 2016 03:00am EDT 

BioPorto A/S:Adjusts EBIT forecast for FY 2016 due to warrants program for employees.To issue a total of 6,368,696 warrants, exercise price fixed at 4.58 Danish crowns per share.EBIT forecast for FY 2016 is adjusted: from a negative EBIT of around 7 million - 9 million crowns to a negative EBIT of around 11 million - 13 million crowns.  Full Article

BioPorto issues FY 2016 guidance
Wednesday, 16 Mar 2016 03:41am EDT 

BioPorto A/S:In FY 2016, expects to generate revenue of around 27 million – 30 million crowns, equivalent to 30–50 pct growth​.Plans higher investments in long-term growth potential at the expense of the short-term goal of becoming profitable in FY 2016.Says accordingly, in FY 2016 a negative EBIT of around 7 million – 9 million crowns, equivalent to a loss after tax of 5.5 million – 7.5 million crowns, is expected.  Full Article

BioPorto A/S enters distribution agreement with Siemens Healthcare
Monday, 11 Jan 2016 06:00am EST 

BioPorto A/S:Says has entered into a distribution agreement with Siemens Healthcare, under which BioPorto will deliver an NGAL test adapted for Siemens Healthcare’s BN II and BN ProSpec Systems‍.Says expects to see an economic effect of this agreement in H2 2016​.  Full Article

BioPorto submits FDA application for NGAL Test, forms US business platform
Friday, 25 Sep 2015 02:41am EDT 

BioPorto A/S:Submits FDA application for the NGAL Test.Alongside application process, Bioporto has initiated establishment of a business platform in US.US business platform will include the company’s own US sales and support organization in charge of the commercialization of The NGAL Test.Expects US Food and Drug Administration (FDA) approval to be achieved in early 2016.  Full Article

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BRIEF-Bioporto FY EBIT loss widens to DKK 25.0 million

* FY revenue 20.7 million Danish crowns ($3 million) versus 20.4 million crowns year ago

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