Medical Innovations

Search documents
Bioventus to Present at the Morgan Stanley 23rd Annual Global Healthcare Conference
Globenewswire· 2025-09-03 11:30
DURHAM, N.C., Sept. 03, 2025 (GLOBE NEWSWIRE) -- Bioventus Inc. (Nasdaq: BVS), a global leader in innovations for active healing, today announced that Mark Singleton, Bioventus Senior Vice-President and Chief Financial Officer, will participate in a fireside chat at the Morgan Stanley Global Healthcare Conference on Wednesday, September 10, 2025, at 1:05 p.m. ET. A live webcast of the presentation will be available on the “Investors” section of the Company’s website at www.bioventus.com and will be availabl ...
Karolinska Development’s portfolio company OssDsign raises approximately SEK 158 million, announces an updated strategy and revises financial targets
Globenewswire· 2025-06-04 07:46
Core Viewpoint - Karolinska Development AB's portfolio company OssDsign successfully completed a directed share issue, raising approximately SEK 158 million, and announced an updated strategy and revised financial targets for 2025–2028 [1][3]. Group 1: Directed Share Issue - OssDsign's directed share issue attracted both existing and new institutional investors, including Adrigo Asset Management and La financiere de L'Echiquier, with the subscription price determined through an accelerated bookbuilding procedure [2][3]. - The successful share issue is expected to strengthen OssDsign's efforts in accelerating sales growth and building a long-term profitable business [3]. Group 2: Updated Strategy and Financial Targets - The new strategy, "ScaleToProfit," focuses on investments in four main areas: sales and marketing, research and development, clinical studies, and production [3][8]. - Revised financial targets include achieving sales of over SEK 400 million by 2028, which represents a compounded annual growth rate of over 30% during 2025–2028, and becoming EBIT profitable and cash flow positive in the second half of 2025–2028 [8]. Group 3: Company Overview - Karolinska Development holds a 3% ownership stake in OssDsign [4]. - The company is a Nordic life sciences investment firm that identifies and invests in breakthrough medical innovations, aiming to create and grow companies that advance these innovations into commercial products [5][6]. - Karolinska Development has a portfolio of eleven companies targeting innovative treatments for serious diseases [7].