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Wed, 27.07.2022       MagForce AG

MagForce AG unexpectedly files for insolvency; price target and rating suspended In an announcement dated 26.07.2022, MagForce AG informed the capital market, to our complete surprise, that it intends to file for insolvency proceedings due to insolvency. According to the company's announcement, this had become necessary after reorganisation meas [ … ]
Wed, 27.07.2022       MagForce AG

MagForce AG unexpectedly files for insolvency; price target and rating suspended In an announcement dated 26.07.2022, MagForce AG informed the capital market, to our complete surprise, that it intends to file for insolvency proceedings due to insolvency. According to the company's announcement, this had become necessary after reorganisation meas [ … ]
Wed, 13.07.2022       MagForce AG

- Stage 2b of the trial for approval in the USA is currently ongoing - Billing code by the American Medical Association is available - Break-even expected from 2024 In the past financial year 2021, MagForce AG continued or resumed the planned European roll-out for the treatment of malignant brain tumours (glioblastoma). The four NanoActivator de [ … ]
Wed, 13.07.2022       MagForce AG

- Stage 2b of the trial for approval in the USA is currently ongoing - Billing code by the American Medical Association is available - Break-even expected from 2024 In the past financial year 2021, MagForce AG continued or resumed the planned European roll-out for the treatment of malignant brain tumours (glioblastoma). The four NanoActivator de [ … ]
Wed, 09.02.2022       MagForce AG

In the past fiscal year 2021, MagForce AG made progress in both business segments. Of particular note here is the approval granted by the FDA for the start of Stage 2b for the treatment of prostate cancer patients. This means that the pivotal study could be concluded as early as summer 2022. In parallel, the treatment capacities for the indication [ … ]
Mon, 15.11.2021       MagForce AG

1st HY 2021: FDA approval for final pivotal study received, forecasts and price target confirmed, rating: BUY In the context of the research study (Anno) of 20.07.2021, we had already postulated our expectations that MagForce AG would probably report low treatment figures overall in Europe (indication area: glioblastoma) in the first half of 202 [ … ]
Mon, 18.10.2021       MagForce AG

FDA announces conditions for the final pivotal study; study expected to start in 2021 and to be completed in mid-2022; timeframe largely in line with our expectations; forecasts, price target and BUY rating confirmed According to corporate news of 13.10.2021, MagForce AG has made significant progress in obtaining approval for the treatment of pr [ … ]
Tue, 20.07.2021       MagForce AG

- Approval for prostate treatment imminent, - New treatment devices to be installed in Europe, - Strong growth and break-even expected from 2022 onwards Despite pandemic-related restrictions, MagForce AG made further progress in 2020 in the commercialisation of its own technology. For the alreadyapproved treatment of malignant brain tumours in  [ … ]
Thu, 29.04.2021       MagForce AG

Further results of the pivotal study 2a confirm expectations, market approval in 2021 still in prospect, price target of EUR 11.00 and BUY rating confirmed After MagForce AG announced the successful completion of stage 2a of the pivotal study for the treatment of prostate cancer in the USA in February 2021, the company has published additional,  [ … ]
Fri, 18.12.2020       MagForce AG

Capital increase of EUR4.7m successfully implemented to finance growth strategy, high share price potential, BUY rating confirmed Since our last research study (see research study dated 12.11.2020), the share price of MagForce AG has developed significantly positively. Within just one month, the share price has risen significantly by approximate [ … ]

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