Xbrane Biopharma
ISIN: SE0007789409 | Ticker: XBRANE | LEI: 5493008DKD05APTKQO39
Country: Sweden
Xbrane Biopharma was founded at Stockholm University 2008 by researchers Jan-Willem De Gier and Samuel Wagner together with Serendipity Ixora, run by the entrepreneurs Saeid Esmaeilzadeh and Ashkan Pouya.
The foundation of the company was a unique technology that resulted in a more cost-effective production of proteins in host cells of the form E.coli.
Xbrane’s first years were about establishing the technology platform, patent protect it and establishing the required capabilities and know-how within the organization. This was done through close collaboration with leading companies engaged in production of proteins and enzymes, where Xbrane’s technology could be applied. Many of these customers were in the pharmaceutical industry, which led the company to relatively quickly realize where the focus should be. Xbrane worked during this period with leading pharmaceutical companies, among others with MedImmune (part of AstraZeneca).
2008
Served areaWorldwide
Headcount74
HeadquartersRetzius väg 8, 17165 Solna – Sweden
| Line item in (sek) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Assets | N/A | 463,763,000.00 | 688,427,000.00 | 690,515,000.00 |
| Noncurrent Assets | N/A | 89,281,000.00 | 127,418,000.00 | 176,990,000.00 |
| Property Plant And Equipment | N/A | 8,166,000.00 | 30,622,000.00 | 34,830,000.00 |
| Goodwill | N/A | 58,453,000.00 | 0.00 | 0.00 |
| Intangible Assets Other Than Goodwill | N/A | 4,083,000.00 | 49,672,000.00 | 101,995,000.00 |
| Other Noncurrent Receivables | N/A | 12,610,000.00 | 3,945,000.00 | 3,945,000.00 |
| Current Assets | N/A | 374,482,000.00 | 561,008,000.00 | 513,524,000.00 |
| Inventories | N/A | N/A | 0.00 | 50,260,000.00 |
| Trade And Other Current Receivables | N/A | 51,384,000.00 | 0.00 | 1,335,000.00 |
| Other Current Receivables | N/A | 6,981,000.00 | 50,253,000.00 | 46,121,000.00 |
| Cash and cash equivalents | 164,197,000.00 | 243,139,000.00 | 295,180,000.00 | 193,994,000.00 |
| Cash Equivalents | N/A | 243,139,000.00 | 295,180,000.00 | N/A |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | N/A | N/A | 68,548,000.00 | 69,987,000.00 |
| Equity And Liabilities | N/A | 463,763,000.00 | 688,427,000.00 | 690,515,000.00 |
| Equity | 159,352,000.00 | 257,709,000.00 | 431,741,000.00 | 424,888,000.00 |
| Issued Capital | N/A | 4,977,000.00 | 5,614,000.00 | 6,166,000.00 |
| Retained Earnings | N/A | -524,938,000.00 | -713,313,000.00 | -885,827,000.00 |
| Share Premium | N/A | 773,724,000.00 | 1,134,276,000.00 | 1,294,227,000.00 |
| Other Reserves | N/A | 3,945,000.00 | 5,165,000.00 | N/A |
| Equity Attributable To Owners Of Parent | N/A | 257,708,000.00 | 431,741,000.00 | 424,888,000.00 |
| Noncontrolling Interests | N/A | N/A | 0.00 | 0.00 |
| Liabilities | N/A | 206,055,000.00 | 256,686,000.00 | 265,626,000.00 |
| Noncurrent Liabilities | N/A | 17,062,000.00 | 37,019,000.00 | 29,058,000.00 |
| Noncurrent Provisions | N/A | 4,810,000.00 | N/A | N/A |
| Other Noncurrent Nonfinancial Liabilities | N/A | 8,257,000.00 | 543,000.00 | 0.00 |
| Current Liabilities | N/A | 188,993,000.00 | 219,667,000.00 | 236,569,000.00 |
| Trade And Other Current Payables | N/A | 29,546,000.00 | 41,393,000.00 | 23,297,000.00 |
| Current Accruals And Current Deferred Income Including Current Contract Liabilities | N/A | N/A | 159,355,000.00 | 200,239,000.00 |
| Other Current Nonfinancial Liabilities | N/A | 1,328,000.00 | 9,757,000.00 | 2,933,000.00 |
| Current Liabilities Other Than Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | N/A | -68,548,000.00 | N/A |
| Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | N/A | 1,257,000.00 | 937,000.00 |
| Line item in (sek) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Revenue | N/A | 10,709,000.00 | 57,618,000.00 |
| Other Income | 17,557,000.00 | 4,848,000.00 | 20,914,000.00 |
| Profit Loss From Operating Activities | -217,436,000.00 | -180,583,000.00 | -166,217,000.00 |
| Finance Costs | N/A | 2,643,000.00 | 2,296,000.00 |
| Profit Loss Before Tax | -218,126,000.00 | -183,226,000.00 | -168,513,000.00 |
| Income Tax Expense Continuing Operations | N/A | 0.00 | 0.00 |
| Profit Loss From Continuing Operations | -218,126,000.00 | -183,226,000.00 | -168,513,000.00 |
| Profit Loss From Discontinued Operations | -7,900,000.00 | -5,150,000.00 | -4,001,000.00 |
| Profit (loss) | -226,026,000.00 | -188,376,000.00 | -172,513,000.00 |
| Profit Loss Attributable To Owners Of Parent | -226,026,000.00 | -188,376,000.00 | -172,513,000.00 |
| Profit Loss Attributable To Noncontrolling Interests | N/A | 0.00 | 0.00 |
| Line item in (sek) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Profit (loss) | N/A | -226,026,000.00 | -188,376,000.00 | -172,513,000.00 |
| Adjustments For Decrease Increase In Inventories | N/A | -51,325,000.00 | 0.00 | -50,260,000.00 |
| Other Adjustments For Noncash Items | N/A | 6,247,000.00 | 7,180,000.00 | 9,327,000.00 |
| Cash Flows From Used In Operations | N/A | -219,779,000.00 | -181,195,000.00 | N/A |
| Income Taxes Paid Refund Classified As Operating Activities | N/A | N/A | 0.00 | 0.00 |
| Cash Flows From Used In Operating Activities | N/A | -238,407,000.00 | -219,610,000.00 | -193,918,000.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 3,855,000.00 | 27,678,000.00 | 11,616,000.00 |
| Purchase Of Intangible Assets Classified As Investing Activities | N/A | N/A | 49,672,000.00 | 48,509,000.00 |
| Cash Flows From Used In Investing Activities | N/A | -3,855,000.00 | -77,350,000.00 | -60,125,000.00 |
| Proceeds From Changes In Ownership Interests In Subsidiaries | N/A | 3,000.00 | 0.00 | 551,000.00 |
| Proceeds From Issuing Shares | N/A | 346,444,000.00 | 380,870,000.00 | 170,000,000.00 |
| Repayments Of Borrowings Classified As Financing Activities | N/A | 12,000.00 | 0.00 | 0.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | N/A | 3,127,000.00 | 7,273,000.00 | 8,337,000.00 |
| Cash Flows From Used In Financing Activities | N/A | 322,724,000.00 | 349,365,000.00 | 148,864,000.00 |
| Increase (decrease) in cash and cash equivalents before effect of exchange rate changes | N/A | 80,461,000.00 | 52,406,000.00 | -105,179,000.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | -1,520,000.00 | 1,393,000.00 | 4,046,000.00 |
| Cash and cash equivalents | 164,197,000.00 | 243,139,000.00 | 295,180,000.00 | 193,994,000.00 |
Please note that some sums might not add up.
| Date | Trading entity / Person | Association | Trade type | Volume |
|---|---|---|---|---|
| 12.09.23 | Karl Martin Erik Åmark | Other | Buy | SEK 129,000.00 |
| 12.09.23 | Karl Martin Erik Åmark | Other | Sell | SEK 128,200.00 |
| 11.09.23 | Karl Martin Erik Åmark | Other | Sell | SEK 62,140.00 |
| 08.09.23 | Siavash Bashiri | Other | Sell | SEK 194,959.00 |
| 08.09.23 | Karl Martin Erik Åmark | Other | Other | SEK 968.54 |
| 08.09.23 | Karl Martin Erik Åmark | Other | Other | SEK 0.00 |
| 07.09.23 | Karl Martin Erik Åmark | Other | Buy | SEK 262,800.00 |
| 07.09.23 | Siavash Bashiri | Other | Sell | SEK 194,700.00 |
| 07.09.23 | Siavash Bashiri | Other | Buy | SEK 45,547.20 |
| 06.09.23 | Siavash Bashiri | Other | Sell | SEK 168,250.00 |
| Position Holder | Short Interest in Percent | Date |
|---|---|---|
| WORLDQUANT LLC | 1.08% | 05.02.24 |
| Millennium Capital Partners LLP | 4.45% | 06.03.24 |
| Millennium Capital Partners LLP | 4.62% | 13.03.24 |
| Total | 10.15% |
SE0007789409
LEI5493008DKD05APTKQO39
SectorPharmaceuticals, Biotechnology & Life Sciences
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