{
 "as_of": "2026-11-06",
 "cmr": "ch-cm-kg/SIX/BANB",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# BACHEM N (SIX: BANB) — research page\n\nAs of 2026-11-06 · ch-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is BACHEM N, listed on SIX under ticker BANB, with ISIN CH1176493729 and LEI 506700S81111XI7TG884. Its security type is Corporate and its jurisdiction is Switzerland (Zefix-registered corporation). Segment is not on the record, and sector is not on the record because the SIX feed returns an empty ICB industry for this line. Status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 3 filings in the twelve months to 2026-11-06, on 3 filing days: 1 newswire release and 2 register mutations. The median gap between filing days is 34.5 days. The latest filing is a register mutation dated 2026-01-19, 291 days before the record date. On SIX the median cadence gap is 29.5 days across 607 issuers, the median filing count is 0, and the median latency is 14 days. The sector median is not on the record.\n\n## Auditor\n\nThe auditor of record is not on the record. The record carries the annual report link only, as a source link and not a read, so the auditor's name and location are not on the record. Auditor changes are not on the record, because no lifecycle type map exists yet for this register.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, because no lifecycle type map exists yet for this register. The issuer is listed, not halted.\n\n## Orderability\n\nUnder rule version acm-68000/ch/finsa-product-duties/r1, chapter as of 2026-11-04, the signal is ACM-200 for Privatkundinnen und -kunden, professionelle Kunden and institutionelle Kunden, and the outcome is determinable for all three.\n\n## Coverage\n\nThe issuer's investor-relations page names 12 research houses: Baader Helvea AG, Barclays, Berenberg Bank, Deutsche Bank, Jefferies, J.P. Morgan, Octavian AG, Research Partners AG, UBS, Vontobel, Zürcher Kantonalbank and ODDO BHF Asset Management.\n\n## Open research\n\nNo openly published research notes were found.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe vintage is not sealed. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record began date is not on the record.\n\n## Sources\n\n8 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.six-group.com/en/products-services/the-swiss-stock-exchange/market-data/shares/share-explorer.html (identity.exchange)\n- https://www.zefix.ch/en/search/entity/list?name=BACHEM%20%7C%20BACHEM%20HOLDING%20AG (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.ch-cm-kg.ai/events/SIX/BANB (the disclosure lines)\n- https://www.ser-ag.com/sheldon/official_notices/v2/find.json ; https://www.bxswiss.com/suspensions (the halt flag)\n- https://mcp.ch-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.bachem.com/about-bachem/investor-hub/ (coverage)\n- https://mcp.ch-cm-kg.ai/record/SIX/BANB (the record)\n",
 "market": "CH",
 "node": "ch-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the CH vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "CH",
    "reason": "Width 0 records the annual report link only (ORDER-015: source link, not a read)",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "CH",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "CH",
    "state": "not_on_record"
   },
   "changes": {
    "market": "CH",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "ch-cm-kg/SIX/BANB",
  "coverage": {
   "count": 12,
   "houses": [
    {
     "analyst": "Alexandre Germann",
     "house": "Baader Helvea AG",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.bachem.com/about-bachem/investor-hub/",
     "state": "sourced"
    },
    {
     "analyst": "Charles Pitman-King CFA | European Pharmaceuticals",
     "house": "Barclays",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.bachem.com/about-bachem/investor-hub/",
     "state": "sourced"
    },
    {
     "analyst": "Estelle Bétrisey",
     "house": "Berenberg Bank",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.bachem.com/about-bachem/investor-hub/",
     "state": "sourced"
    },
    {
     "analyst": "Fynn Scherzler",
     "house": "Deutsche Bank",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.bachem.com/about-bachem/investor-hub/",
     "state": "sourced"
    },
    {
     "analyst": "Christopher Richardson",
     "house": "Jefferies",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.bachem.com/about-bachem/investor-hub/",
     "state": "sourced"
    },
    {
     "analyst": "Zain Ebrahim VP EMEA Equity Research European Pharma & Biotech",
     "house": "J.P. Morgan",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.bachem.com/about-bachem/investor-hub/",
     "state": "sourced"
    },
    {
     "analyst": "Laura Pfeifer-Rossi",
     "house": "Octavian AG",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.bachem.com/about-bachem/investor-hub/",
     "state": "sourced"
    },
    {
     "analyst": "Dr. Martin Vögtli",
     "house": "Research Partners AG",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.bachem.com/about-bachem/investor-hub/",
     "state": "sourced"
    },
    {
     "analyst": "Tanya Hansalik",
     "house": "UBS",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.bachem.com/about-bachem/investor-hub/",
     "state": "sourced"
    },
    {
     "analyst": "Sibylle Bischofberger Senior Analyst Equity Research",
     "house": "Vontobel",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.bachem.com/about-bachem/investor-hub/",
     "state": "sourced"
    },
    {
     "analyst": "Daniel Jelovcan Senior Equity Analyst Medical Technology & CDMO Research",
     "house": "Zürcher Kantonalbank",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.bachem.com/about-bachem/investor-hub/",
     "state": "sourced"
    },
    {
     "house": "ODDO BHF Asset Management",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.bachem.com/about-bachem/investor-hub/",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://www.bachem.com/about-bachem/investor-hub/",
     "result": "read: 12 of 26 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 607,
     "median_cadence_gap_days": 29.5,
     "median_filings": 0,
     "median_latency_days": 14,
     "name": "SIX"
    },
    "sector": {
     "market": "CH",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "newswire_release": 1,
    "register_mutation": 2
   },
   "cadence_median_gap_days": 34.5,
   "filing_days": 3,
   "filings": 3,
   "latency_days": 291,
   "latest": [
    {
     "category": "HR02",
     "date": "2026-01-19",
     "source": "https://www.shab.ch/#!/search/publications/detail/e3638283-64c3-416b-a918-813a00c53174",
     "title": "HR02 Change BACHEM HOLDING AG, Bubendorf",
     "type": "register_mutation"
    },
    {
     "category": null,
     "date": "2026-01-15",
     "source": "https://api.newsfilecorp.com/redirect/Q2RWPC705n",
     "title": "Annual Reports & Presentations - Bachem",
     "type": "newswire_release"
    },
    {
     "category": "HR02",
     "date": "2025-11-11",
     "source": "https://www.shab.ch/#!/search/publications/detail/7a7bcde7-3168-4e84-8fe3-df783a761cd9",
     "title": "HR02 Change BACHEM HOLDING AG, Bubendorf",
     "type": "register_mutation"
    }
   ],
   "latest_filing_date": "2026-01-19",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.ch-cm-kg.ai/events/SIX/BANB",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "SIX Swiss Exchange share explorer feed (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.six-group.com/en/products-services/the-swiss-stock-exchange/market-data/shares/share-explorer.html (feed six-group.com/fqs/ref.json, PortalSegment=EQ)",
    "state": "sourced",
    "value": "SIX"
   },
   "isin": {
    "read_by": "SIX Swiss Exchange share explorer feed (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.six-group.com/en/products-services/the-swiss-stock-exchange/market-data/shares/share-explorer.html (feed six-group.com/fqs/ref.json, PortalSegment=EQ)",
    "state": "confirmed",
    "value": "CH1176493729"
   },
   "jurisdiction": {
    "read_by": "Zefix federal commercial register index (zefix.ch public web API, name-exact + corporation legal form) (legal form)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.zefix.ch/en/search/entity/list?name=BACHEM%20%7C%20BACHEM%20HOLDING%20AG",
    "state": "sourced",
    "value": "Switzerland (Zefix-registered corporation)"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-09",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN CH1176493729)",
    "state": "sourced",
    "value": "506700S81111XI7TG884"
   },
   "name": {
    "read_by": "SIX Swiss Exchange share explorer feed (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.six-group.com/en/products-services/the-swiss-stock-exchange/market-data/shares/share-explorer.html (feed six-group.com/fqs/ref.json, PortalSegment=EQ)",
    "state": "sourced",
    "value": "BACHEM N"
   },
   "sector": {
    "market": "CH",
    "reason": "the SIX feed returns an empty ICB industry for this line",
    "state": "not_on_record"
   },
   "security_type": {
    "read_by": "SIX Swiss Exchange share explorer feed (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.six-group.com/en/products-services/the-swiss-stock-exchange/market-data/shares/share-explorer.html (feed six-group.com/fqs/ref.json, PortalSegment=EQ)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "market": "CH",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "SIX Swiss Exchange share explorer feed (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.six-group.com/en/products-services/the-swiss-stock-exchange/market-data/shares/share-explorer.html (feed six-group.com/fqs/ref.json, PortalSegment=EQ)",
    "state": "sourced",
    "value": "BANB"
   },
   "website": {
    "market": "CH",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "CH",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "CH",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "CH",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "CH",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "CH",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "CH",
  "node": "ch-cm-kg",
  "numbers_hash": "sha256:c702726a61d724e2125c648b43889ea57b286a55880568940adaaa9e0345cc28",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "Privatkundinnen und -kunden",
    "professionelle Kunden",
    "institutionelle Kunden"
   ],
   "outcomes": {
    "Privatkundinnen und -kunden": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "institutionelle Kunden": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "professionelle Kunden": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.ch-cm-kg.ai/book/aio.json",
    "door": "https://mcp.ch-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/ch/finsa-product-duties/r1",
   "section": "ch.aio.v8"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.ch-cm-kg.ai/record/SIX/BANB",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://www.ser-ag.com/sheldon/official_notices/v2/find.json ; https://www.bxswiss.com/suspensions",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:c702726a61d724e2125c648b43889ea57b286a55880568940adaaa9e0345cc28",
 "path": "/ch/SIX/BANB",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is BACHEM N, listed on SIX under ticker BANB, with ISIN CH1176493729 and LEI 506700S81111XI7TG884. Its security type is Corporate and its jurisdiction is Switzerland (Zefix-registered corporation). Segment is not on the record, and sector is not on the record because the SIX feed returns an empty ICB industry for this line. Status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 3 filings in the twelve months to 2026-11-06, on 3 filing days: 1 newswire release and 2 register mutations. The median gap between filing days is 34.5 days. The latest filing is a register mutation dated 2026-01-19, 291 days before the record date. On SIX the median cadence gap is 29.5 days across 607 issuers, the median filing count is 0, and the median latency is 14 days. The sector median is not on the record.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record. The record carries the annual report link only, as a source link and not a read, so the auditor's name and location are not on the record. Auditor changes are not on the record, because no lifecycle type map exists yet for this register.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, because no lifecycle type map exists yet for this register. The issuer is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "Under rule version acm-68000/ch/finsa-product-duties/r1, chapter as of 2026-11-04, the signal is ACM-200 for Privatkundinnen und -kunden, professionelle Kunden and institutionelle Kunden, and the outcome is determinable for all three.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's investor-relations page names 12 research houses: Baader Helvea AG, Barclays, Berenberg Bank, Deutsche Bank, Jefferies, J.P. Morgan, Octavian AG, Research Partners AG, UBS, Vontobel, Zürcher Kantonalbank and ODDO BHF Asset Management.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The vintage is not sealed. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record began date is not on the record.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "8 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.six-group.com/en/products-services/the-swiss-stock-exchange/market-data/shares/share-explorer.html"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://www.zefix.ch/en/search/entity/list?name=BACHEM%20%7C%20BACHEM%20HOLDING%20AG"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.ch-cm-kg.ai/events/SIX/BANB"
  },
  {
   "for": "the halt flag",
   "source": "https://www.ser-ag.com/sheldon/official_notices/v2/find.json ; https://www.bxswiss.com/suspensions"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.ch-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://www.bachem.com/about-bachem/investor-hub/"
  },
  {
   "for": "the record",
   "source": "https://mcp.ch-cm-kg.ai/record/SIX/BANB"
  }
 ],
 "title": "BACHEM N (BANB) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}