Bio-Works: Leaving randomness – Vator

2020-02-19

"Bio-Work’s net sales for full year 2019 were SEK 5.6 million, down SEK 1 million from 2018. The decrease is due to the fact that the company’s largest customer in 2018 did not place an onrder in 2019. In this update, we have looked beyond Bio-Works’s obvious stochastic character of the order inflow as we believe this is symptomatic for all early commercialization stage companies and not a structural problem for Bio-Works as such."

Link to commissioned research below.

Commissioned research feed