Vator Securities: Bio-Works Technologies (BIOWKS:SS) – Outperform rating maintained and target price raised to SEK 15.8
We believe that Bio-Works is now entering a new era as a professionally structured commercial player due to the following recent advancements; i) consecutive quarterly customer growth; ii) fast traction in the important Protein A segment shortly post launch of the product WorkBeads affimAb; and iii) activist-like investments by the new owners and board members Peter Ehrenheim (Chairman) and Thomas Eklund (Director), holding a total of 17% together with a group of similar investors. These seasoned investors bring significant industry-specific know-how and proven track records from GE