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Biotest

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uuid0006b8k

Namestring
Biotest
Legal namestring
Biotest GmbH & Co. KGaA
Websiteurl
biotest.com
Company typeenum
Public
Founded yearint
1946
Descriptiontext

Biotest GmbH & Co. KGaA is a German plasma-derived biopharmaceutical company founded in 1946 and headquartered in Dreieich, Germany. It develops, manufactures, and commercializes therapeutics across three core therapy areas: hematology (bleeding disorders such as hemophilia A and B, via Haemoctin SDH and Haemonine), clinical immunology (primary immunodeficiencies, immune thrombocytopenia, and hyperimmune conditions, via Yimmugo, Intratect, Cytotect CP, Hepatect CP, Varitect CP, and Zutectra), and intensive care medicine (severe infections, coagulation disorders, and volume/protein substitution, via Albiomin, Biseko, Cofact, Pentaglobin, and Prufibry). The company's underlying technology is plasma fractionation and purification from human plasma, with proprietary production processes yielding differentiated compositions such as IgM-enriched Pentaglobin and the novel IgM/IgA/IgG Trimodulin (BT588). An industrial human serum albumin product is also sold to biopharmaceutical manufacturers as a GMP-grade excipient.

Biotest's pipeline is anchored by Trimodulin (Phase III ESsCAPE study for severe community-acquired pneumonia), Yimmugo / IgG Next Generation (BT595, approved in Germany, Austria, and UK with further approvals ongoing), and Fibrinogen / Prufibry / Fesilty (BT524, approved and launched). The Biotest Next Level manufacturing facility is under development to scale Yimmugo production. Since 2017, Biotest has been majority-owned by Spanish plasma major Grifols, which provides plasma sourcing, distribution leverage, and capital backing, while Biotest retains its own listed-company governance (Frankfurt Stock Exchange ticker BIO; legal form changed from AG to GmbH & Co. KGaA in 2023). The company distributes prescription-based plasma products directly to hospitals, specialty clinics, and intensive care units through dedicated ordering systems in Germany and via international channels, with US commercialization of Yimmugo licensed to Kedrion Biopharma under a partnership announced in October 2025 following FDA approval in 2024. Biotest's revenue is not disclosed in the source data; the company employs 1,001–5,000 people across operations in Germany, Austria, Switzerland, and Hungary, with its website currently restricted to German users.

Short descriptiontext

Biotest GmbH & Co. KGaA is a German plasma-derived biopharmaceutical company developing and manufacturing therapeutics for hematology, clinical immunology, and intensive care medicine, serving hospitals and specialty clinics across Europe and, via licensing partner Kedrion, the US.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersDreieich, Germany
HQ citystring
Dreieich
HQ countrystring
Germany
HQ regionstring
Europe
Markets served

Serves global market

Offices4 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
plasma-derived therapeutics, immunoglobulin therapies, coagulation factor concentrates, human serum albumin, haematology pharmaceuticals
Industry6 codes
1Plasma-Derived Therapeutics (immunoglobulins, albumin, clotting factors)
CodeHLAAAAAIPrimaryYes
2Plasma Fractionation & Purification Manufacturing
CodeHLAIAHAIPrimaryNo
3Hyperimmune (Specific) Immunoglobulins (e.g., Anti-D, Tetanus, Rabies, Hep B)
CodeHLAIAHAEPrimaryNo
4Immunoglobulins & Passive Immunization Biologics (IVIG, hyperimmune globulins, antitoxins)
CodeHLAAAEAHPrimaryNo
5Blood Factors & Hemostasis Biologics (recombinant clotting factors, thrombolytics)
CodeHLAAAAALPrimaryNo
6Hematology Specialty Pharmaceuticals (Non-malignant)
CodeHLAIACAIPrimaryNo
NAICS code3 codes
  • Biological Product (except Diagnostic) Manufacturing325414
  • Pharmaceutical Preparation Manufacturing325412
  • Pharmaceutical and Medicine Manufacturing3254
SIC code2 codes
  • Biological Products, (No Disgnostic Substances)2836
  • Pharmaceutical Preparations2834
Product category
Plasma-derived biopharmaceuticals
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Plasma-derived pharmaceuticals
TypeOne Time License
Description

Sale of plasma-derived therapeutic products including immunoglobulins for clinical immunology, albumin and other proteins for intensive care medicine, and coagulation factors for hematology. Products are sold to hospitals, clinics, and healthcare institutions through direct prescription-based channels.

biotest.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Technology or R&D, Personnel, Infrastructure, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 record
1Biotest Next Level
Description

New manufacturing facility under development for production of IgG Next Generation / Yimmugo products.

biotest.com
Core offering1 text field

Biotest develops, manufactures, and sells plasma-derived therapeutic proteins for haematology, clinical immunology, and intensive care medicine. Its product range includes immunoglobulins (polyvalent and hyperimmune), coagulation factor concentrates for haemophilia and fibrinogen deficiency, human albumin and plasma protein solutions for critical care, and an industrial GMP-grade human serum albumin for biopharmaceutical excipient use. Products are sold as prescription pharmaceuticals to hospitals, specialty clinics, intensive care units, and biopharmaceutical manufacturers, primarily through direct institutional sales.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Trimodulin may prevent progression of severe community-acquired pneumonia, including the need for invasive mechanical ventilation and other intensive care procedures
+1 more record
Product overview1 text field

Biotest is a plasma-derived biopharmaceutical company offering a diversified portfolio of products across three therapeutic areas: Haematology (Haemoctin® SDH, Haemonine® for Haemophilia A and B treatment), Clinical Immunology (Yimmugo®, Cytotect® CP, Hepatect® CP, Varitect® CP, Intratect®, Zutectra® for antibody deficiencies and viral infections), and Intensive Care Medicine (Albiomin®, Biseko®, Cofact®, Pentaglobin®, Prufibry® for volume replacement, coagulation disorders, and severe infections). The company also supplies Biotest Human Serum Albumin for industrial/biotech applications. The pipeline includes Trimodulin (BT588) for severe community-acquired pneumonia, IgG Next Generation/Yimmugo (BT595) for PID and ITP, and Fibrinogen/Prufibry/Fesilty (BT524) for fibrinogen deficiency, all in various clinical development phases.

Product and service1 record
1Haemoctin SDH
Scale indicator2 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierMajorTypeChannel Partner/ Reseller/ DistributorAnnounced on2025-10-09
Description

Licensing and commercialization agreement for Yimmugo immunoglobulin therapy. Kedrion Biopharma commercialized Yimmugo in the US market under FDA approval obtained in 2024. The product is an innovation in immunoglobulin treatment catering to over 500,000 people in the US affected by primary immunodeficiency.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeRegional player
Description

Chinese plasma-derived therapeutics producer manufacturing albumin, immunoglobulins, and coagulation factors. Regional peer with comparable plasma fractionation business model primarily serving the Chinese market.

TypeDirect peer
Description

Swiss-headquartered global plasma fractionator offering immunoglobulins (Octagam, Octanate), coagulation factors, and albumin. Direct competitor in plasma-derived therapeutics with comparable mid-sized scale and European manufacturing footprint.

TypeDirect peer
Description

Takeda's Plasma-Derived Therapies division (formerly Shire/Baxalta) markets immunoglobulins (Gammagard, Hyqvia) and albumin globally. Direct competitor in IVIG and specialty plasma products with broader therapeutic area reach and larger commercial infrastructure.

TypeDirect peer
Description

Italian plasma-derived therapeutics company producing immunoglobulins, coagulation factors, and albumin. Direct peer in plasma fractionation and current US distribution partner for Biotest's Yimmugo, making it both a competitor and partner in specific markets.

TypeEmerging player
Description

US-focused plasma-derived immunoglobulin company marketing ASCENIV, BIVIGAM, and Nabi-HB for primary immunodeficiency and hepatitis B. Smaller-scale emerging competitor with similar focus on specialty plasma-derived immunoglobulins and hyperimmune products.

TypeDirect peer
Description

CSL Behring is the global leader in plasma-derived therapeutics, producing immunoglobulins (Privigen, Hizentra), albumin, and coagulation factors. Directly competes with Biotest across all three therapy areas (hematology, immunology, intensive care) with significantly larger scale and broader geographic reach.

TypeBroad incumbent
Description

Spanish plasma therapeutics giant and Biotest's majority shareholder. Competes across the same plasma product categories (immunoglobulins, albumin, coagulation factors, hyperimmunes) at substantially larger global scale with the world's largest plasma collection network.

TypeDirect peer
Description

French state-linked plasma fractionator producing immunoglobulins (Tegeline, Clairyg), coagulation factors, and albumin. Direct competitor in plasma-derived therapeutics with similar European focus and comparable mid-market positioning.

TypeRegional player
Description

Dutch blood supply foundation with a plasma products division manufacturing immunoglobulins, coagulation factors, and albumin. Comparable plasma fractionation business primarily serving the Netherlands and selected European markets.

TypeRegional player
Description

UK-based plasma fractionator producing immunoglobulins (Gammaplex, Vigam), albumin, and coagulation factors. Comparable mid-sized plasma therapeutics player with focus on UK and selected international markets.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles7 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries3 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Biotest

Plasma-derived biopharmaceuticalsbiotest.com

Biotest GmbH & Co. KGaA is a German plasma-derived biopharmaceutical company developing and manufacturing therapeutics for hematology, clinical immunology, and intensive care medicine, serving hospitals and specialty clinics across Europe and, via licensing partner Kedrion, the US.

What Biotest does

Biotest GmbH & Co. KGaA is a German plasma-derived biopharmaceutical company founded in 1946 and headquartered in Dreieich, Germany. It develops, manufactures, and commercializes therapeutics across three core therapy areas: hematology (bleeding disorders such as hemophilia A and B, via Haemoctin SDH and Haemonine), clinical immunology (primary immunodeficiencies, immune thrombocytopenia, and hyperimmune conditions, via Yimmugo, Intratect, Cytotect CP, Hepatect CP, Varitect CP, and Zutectra), and intensive care medicine (severe infections, coagulation disorders, and volume/protein substitution, via Albiomin, Biseko, Cofact, Pentaglobin, and Prufibry). The company's underlying technology is plasma fractionation and purification from human plasma, with proprietary production processes yielding differentiated compositions such as IgM-enriched Pentaglobin and the novel IgM/IgA/IgG Trimodulin (BT588). An industrial human serum albumin product is also sold to biopharmaceutical manufacturers as a GMP-grade excipient.

Biotest's pipeline is anchored by Trimodulin (Phase III ESsCAPE study for severe community-acquired pneumonia), Yimmugo / IgG Next Generation (BT595, approved in Germany, Austria, and UK with further approvals ongoing), and Fibrinogen / Prufibry / Fesilty (BT524, approved and launched). The Biotest Next Level manufacturing facility is under development to scale Yimmugo production. Since 2017, Biotest has been majority-owned by Spanish plasma major Grifols, which provides plasma sourcing, distribution leverage, and capital backing, while Biotest retains its own listed-company governance (Frankfurt Stock Exchange ticker BIO; legal form changed from AG to GmbH & Co. KGaA in 2023). The company distributes prescription-based plasma products directly to hospitals, specialty clinics, and intensive care units through dedicated ordering systems in Germany and via international channels, with US commercialization of Yimmugo licensed to Kedrion Biopharma under a partnership announced in October 2025 following FDA approval in 2024. Biotest's revenue is not disclosed in the source data; the company employs 1,001–5,000 people across operations in Germany, Austria, Switzerland, and Hungary, with its website currently restricted to German users.

Biotest firmographics

Firmographics
Name
Biotest
Legal name
Biotest GmbH & Co. KGaA
Website
https://biotest.com
Company type
Public
Founded year
1946
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Biotest GmbH & Co. KGaA is a German plasma-derived biopharmaceutical company developing and manufacturing therapeutics for hematology, clinical immunology, and intensive care medicine, serving hospitals and specialty clinics across Europe and, via licensing partner Kedrion, the US.
Ownership category
akta.pro rank

Biotest industry classification

Industry
Product category
Plasma-derived biopharmaceuticals
NAICS
Biological Product (except Diagnostic) Manufacturing (325414), Pharmaceutical Preparation Manufacturing (325412), Pharmaceutical and Medicine Manufacturing (3254)
SIC
Biological Products, (No Disgnostic Substances) (2836), Pharmaceutical Preparations (2834)
akta.pro primary industry
Plasma-Derived Therapeutics (immunoglobulins, albumin, clotting factors) (HLAAAAAI)
akta.pro secondary industries
Plasma Fractionation & Purification Manufacturing (HLAIAHAI), Hyperimmune (Specific) Immunoglobulins (e.g., Anti-D, Tetanus, Rabies, Hep B) (HLAIAHAE), Immunoglobulins & Passive Immunization Biologics (IVIG, hyperimmune globulins, antitoxins) (HLAAAEAH), Blood Factors & Hemostasis Biologics (recombinant clotting factors, thrombolytics) (HLAAAAAL), Hematology Specialty Pharmaceuticals (Non-malignant) (HLAIACAI)

Keywords

  • Plasma-derived therapeutics
  • Immunoglobulin therapies
  • Coagulation factor concentrates
  • Human serum albumin
  • Haematology pharmaceuticals

Where Biotest is headquartered

Location

Headquarters

HQ city
Dreieich
HQ country
Germany
HQ region
Europe

Offices4 records

Markets served

Biotest business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Technology or R&D, Personnel, Infrastructure, Marketing or Sales

Revenue model

  1. Plasma-derived pharmaceuticals: Sale of plasma-derived therapeutic products including immunoglobulins for clinical immunology, albumin and other proteins for intensive care medicine, and coagulation factors for hematology. Products are sold to hospitals, clinics, and healthcare institutions through direct prescription-based channels.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Biotest product offering

Product offering

Core offering

Biotest develops, manufactures, and sells plasma-derived therapeutic proteins for haematology, clinical immunology, and intensive care medicine. Its product range includes immunoglobulins (polyvalent and hyperimmune), coagulation factor concentrates for haemophilia and fibrinogen deficiency, human albumin and plasma protein solutions for critical care, and an industrial GMP-grade human serum albumin for biopharmaceutical excipient use. Products are sold as prescription pharmaceuticals to hospitals, specialty clinics, intensive care units, and biopharmaceutical manufacturers, primarily through direct institutional sales.

Product overview

Biotest is a plasma-derived biopharmaceutical company offering a diversified portfolio of products across three therapeutic areas: Haematology (Haemoctin® SDH, Haemonine® for Haemophilia A and B treatment), Clinical Immunology (Yimmugo®, Cytotect® CP, Hepatect® CP, Varitect® CP, Intratect®, Zutectra® for antibody deficiencies and viral infections), and Intensive Care Medicine (Albiomin®, Biseko®, Cofact®, Pentaglobin®, Prufibry® for volume replacement, coagulation disorders, and severe infections). The company also supplies Biotest Human Serum Albumin for industrial/biotech applications. The pipeline includes Trimodulin (BT588) for severe community-acquired pneumonia, IgG Next Generation/Yimmugo (BT595) for PID and ITP, and Fibrinogen/Prufibry/Fesilty (BT524) for fibrinogen deficiency, all in various clinical development phases.

Differentiator

Problem solved

Functional benefit

Brands

  • Biotest Next Level: New manufacturing facility under development for production of IgG Next Generation / Yimmugo products.

Products and services

  • Haemoctin SDH

Quantifiable outcome

  • Trimodulin may prevent progression of severe community-acquired pneumonia, including the need for invasive mechanical ventilation and other intensive care procedures
  • +1 more outcomes

Companies that use Biotest

Customer profile

Segments4 records

Ideal customer profiles2 records

Biotest technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Biotest partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Kedrion BiopharmamajorChannel Partner/ Reseller/ Distributor · 9 October 2025Licensing and commercialization agreement for Yimmugo immunoglobulin therapy. Kedrion Biopharma commercialized Yimmugo in the US market under FDA approval obtained in 2024. The product is an innovation in immunoglobulin treatment catering to over 500,000 people in the US affected by primary immunodeficiency.

Scale indicators2 records

Recent moves7 records

Expansion highlights6 records

Biotest competitors and assessment

Company assessment

Regional players

  • China Biologic Products Holdings: Chinese plasma-derived therapeutics producer manufacturing albumin, immunoglobulins, and coagulation factors. Regional peer with comparable plasma fractionation business model primarily serving the Chinese market.
  • Sanquin Plasma Products: Dutch blood supply foundation with a plasma products division manufacturing immunoglobulins, coagulation factors, and albumin. Comparable plasma fractionation business primarily serving the Netherlands and selected European markets.
  • Bio Products Laboratory (BPL): UK-based plasma fractionator producing immunoglobulins (Gammaplex, Vigam), albumin, and coagulation factors. Comparable mid-sized plasma therapeutics player with focus on UK and selected international markets.

Direct peers

  • Octapharma: Swiss-headquartered global plasma fractionator offering immunoglobulins (Octagam, Octanate), coagulation factors, and albumin. Direct competitor in plasma-derived therapeutics with comparable mid-sized scale and European manufacturing footprint.
  • Takeda Pharmaceutical Company (Plasma-Derived Therapies): Takeda's Plasma-Derived Therapies division (formerly Shire/Baxalta) markets immunoglobulins (Gammagard, Hyqvia) and albumin globally. Direct competitor in IVIG and specialty plasma products with broader therapeutic area reach and larger commercial infrastructure.
  • Kedrion Biopharma: Italian plasma-derived therapeutics company producing immunoglobulins, coagulation factors, and albumin. Direct peer in plasma fractionation and current US distribution partner for Biotest's Yimmugo, making it both a competitor and partner in specific markets.
  • CSL Behring: CSL Behring is the global leader in plasma-derived therapeutics, producing immunoglobulins (Privigen, Hizentra), albumin, and coagulation factors. Directly competes with Biotest across all three therapy areas (hematology, immunology, intensive care) with significantly larger scale and broader geographic reach.
  • LFB (Laboratoire français du Fractionnement et des Biotechnologies): French state-linked plasma fractionator producing immunoglobulins (Tegeline, Clairyg), coagulation factors, and albumin. Direct competitor in plasma-derived therapeutics with similar European focus and comparable mid-market positioning.

Emerging players

  • ADMA Biologics: US-focused plasma-derived immunoglobulin company marketing ASCENIV, BIVIGAM, and Nabi-HB for primary immunodeficiency and hepatitis B. Smaller-scale emerging competitor with similar focus on specialty plasma-derived immunoglobulins and hyperimmune products.

Broad incumbents

  • Grifols: Spanish plasma therapeutics giant and Biotest's majority shareholder. Competes across the same plasma product categories (immunoglobulins, albumin, coagulation factors, hyperimmunes) at substantially larger global scale with the world's largest plasma collection network.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Biotest social profiles

Digital presence

Biotest financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Biotest leadership team

Management profile

Number of profiles

Profiles7 records

Biotest subsidiaries and ownership

Company hierarchy

Subsidiaries3 records

Biotest funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Biotest M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Biotest

What does Biotest do?

Biotest develops, manufactures, and sells plasma-derived therapeutic proteins for haematology, clinical immunology, and intensive care medicine. Its product range includes immunoglobulins (polyvalent and hyperimmune), coagulation factor concentrates for haemophilia and fibrinogen deficiency, human albumin and plasma protein solutions for critical care, and an industrial GMP-grade human serum albumin for biopharmaceutical excipient use. Products are sold as prescription pharmaceuticals to hospitals, specialty clinics, intensive care units, and biopharmaceutical manufacturers, primarily through direct institutional sales.

Is Biotest a public or private company?

Biotest is a public company. It is classified as corporate owned and is currently operating.

When was Biotest founded?

Biotest was founded in 1946. It employs 1,001 to 5,000 people.

Where is Biotest based?

Biotest is headquartered in Dreieich, Germany, in the Europe region.

How does Biotest make money?

One revenue line is on record: plasma-derived pharmaceuticals.

Who are Biotest's main competitors?

Regional players on record are China Biologic Products Holdings, Sanquin Plasma Products and Bio Products Laboratory (BPL). Direct peers are Octapharma, Takeda Pharmaceutical Company (Plasma-Derived Therapies), Kedrion Biopharma, CSL Behring and LFB (Laboratoire français du Fractionnement et des Biotechnologies). ADMA Biologics is listed as an emerging player. Grifols is listed as a broad incumbent.

Does Biotest have an API?

No public API is recorded for Biotest.

What industry is Biotest in?

Biotest's product category is Plasma-derived biopharmaceuticals. Its primary akta.pro industry code is HLAAAAAI, Plasma-Derived Therapeutics (immunoglobulins, albumin, clotting factors), with a secondary code of HLAIAHAI, Plasma Fractionation & Purification Manufacturing. Its NAICS code is 325414 and its SIC code is 2836.

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Live signals
Simply Wall StBiotest (XTRA:BIO3) Draws Fresh Attention, Is It A Bargain Or Fully Priced?Biotest's shares closed at €28.40, with a price-to-sales ratio of 1.8x versus a peer average of 23.8x. The SWS DCF model estimates fair value at €8.22, well below the current price, while the company reports ongoing losses of €24.5m.Simply Wall StBiotest (XTRA:BIO3) Draws Fresh Attention As Valuation Signals Pull In Opposite DirectionsBiotest's shares closed at €28.40, trading at a 1.8x price-to-sales multiple versus a peer average of 23.8x. The SWS DCF model estimates a fair value of €8.22, implying overvaluation, while the company reports a €24.5m loss and interest expenses not well covered by earnings.The Motley FoolGrifols (GRFS) Q2 2026 Earnings Call TranscriptGrifols reported first-half 2026 results with group net revenue of €3.574 billion, up 2.6% at constant currency, driven by its Biopharma division which grew 5.4% with the immunoglobulin franchise as the primary growth engine, posting 12.8% growth. The company is executing a strategic plasma sourcing transition, closing 29 U.S. donor centers at a cost of $40 million while expanding Egypt operations which now contribute 25% of ex-U.S. plasma collections, with a target of 50% by 2029. Management confirmed it remains on track to meet full-year 2026 guidance of $500-575 million free cash flow, while also evaluating a potential IPO for the U.S. Biopharma business.The Motley FoolGrifols (GRFS) Q2 2026 Earnings Call TranscriptGrifols S.A. reported first-half 2026 revenues of €3.574 billion, up 2.6% at constant currency, with Biopharma revenue growing 5.4% driven by the immunoglobulin franchise, including Xembify growing close to 34% in Q2. Adjusted EBITDA for H1 reached €854 million with a 23.9% margin, while free cash flow improved €103 million year-over-year to €91 million before M&A, maintaining the company's full-year guidance of $500–575 million. The company is restructuring its plasma network by closing 29 U.S. donor centers and expanding Egypt sourcing to 50% of ex-U.S. plasma collections by 2029, while evaluating a potential IPO for its U.S. Biopharma business.openPR.comSmall Scale Plasma Fractionation Market Is Booming So Rapidly | LFB Group • Biotest AG • Emergent BioSolutionsCoherent Market Insights has released a report analyzing the Small Scale Plasma Fractionation Market, highlighting industry trends, competition, and growth potential from 2026 to 2033. Major players identified in the report include LFB Group, Biotest AG, and Emergent BioSolutions, along with insights into various market segments and geographic distribution. The report serves as a comprehensive resource for stakeholders in the pharmaceutical and biotechnology sectors.openPR.comHuman Serum Market 2026- 2033 Overview: Share, Size, Value, Trends, and Key Player Forecast | Octapharma • Kedrion Biopharma • Biotest AGThe article provides an overview of the Human Serum Market forecast from 2026 to 2033, highlighting key players such as Octapharma, Kedrion Biopharma, and Biotest AG. It discusses market growth, segmentation, geographical landscape, and strategic industry trends.GlobeNewswireGrifols’ Biotest to achieve USD 1 billion in US sales of Yimmugo® over next seven yearsBiotest, a Grifols Group company, forecasts approximately $1 billion in US sales of its FDA-approved intravenous immunoglobulin Yimmugo over the next seven years. The product will launch in the US in the first quarter of 2025, distributed by Kedrion under a seven-year agreement. Yimmugo will be followed by other Group proteins, including fibrinogen and trimodulin, in late-stage development.GlobeNewswireGrifols’ Biotest receives FDA approval for innovativeGrifols' Biotest received FDA approval for Yimmugo, an intravenous immunoglobulin for primary immunodeficiencies, with U.S. launch planned in the second half of 2024. The product is the first in Biotest's portfolio and is produced at a new FDA-certified facility. It will add to Grifols' revenue growth, with other Biotest proteins in late-stage development.GrifolsGrifols announces its investment in BiotestGrifols has signed an agreement to acquire the share capital of Tiancheng (Germany) Pharmaceutical Holdings for EUR 1,100 million, enabling it to take indirect control of 90% of Biotest's shares. The transaction, which values Biotest’s equity at EUR 1.6 billion, aims to enhance plasma-derived therapies and expand Grifols' commercial capabilities. The acquisition is expected to close by mid-2022, pending regulatory approvals.PR NewswirePlasma Therapy Global Market Report 2020-30: Covid 19 Growth and ChangeThe global plasma therapy market is expected to grow from $187.67 million in 2019 to $246.95 million in 2020 at a compound annual growth rate of 31.6%, driven by urgent demand for COVID-19 treatments, before stabilizing and growing at a CAGR of 5.7% to reach $291.6 million in 2023. In August 2018, Grifols S.A. acquired Biotest US for $286 million to gain access to 22 plasma collection centers in the USA, while in March 2020 Takeda Pharmaceutical Company Limited initiated a plasma-therapy called TAK-888 for treating COVID-19 patients using plasma from recovered donors. The high cost of plasma therapy procedures, ranging from $5,000 to $10,000 for plasmapheresis in the United States, is identified as a key factor hindering market growth, though rising prevalence of osteoarthritis and increasing adoption of convalescent plasma therapy are expected to drive future demand.