Bactiguard embarks on sharpened strategy with full focus on Licensing and has initiated review of its financial targets
Following the profit warning in July and the profitability challenges within the BIP portfolio of coated medical devices, Bactiguard Holding AB today announces a sharpened strategy with full focus on the Licensing business. Consequently, the BIP portfolio will be phased out through outsourcing or partnerships. With regards to the new strategy, Bactiguard has initiated a review of its financial targets. The outcome of the review will be announced on October 27, 2023, in connection with the Q3 2023 interim report.As previously reported, the largest potential for Bactiguard and its infection