{
 "as_of": "2026-11-06",
 "cmr": "ch-cm-kg/SIX/BION",
 "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# BB BIOTECH N (SIX: BION) — research page\n\nAs of 2026-11-06 · ch-cm-kg · record version 1\n\n## Identity and listing\n\nBB BIOTECH N is listed on SIX under the ticker BION, with ISIN CH0038389992 and LEI 391200MBZQNPFHIVKO34. Its security type is Corporate and its jurisdiction is Switzerland, as a Zefix-registered corporation. Its segment is not on the record, and its sector is not on the record because the SIX feed returns an empty ICB industry for this line. Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 16 filings on 12 filing days in the window 2025-11-06 to 2026-11-06. The filings are 8 newswire releases, 3 ad hoc, 3 corporate news and 2 register mutations. The median gap between filing days is 25 days. The latest filing is an ad hoc filing dated 2026-10-23, which is 14 days before the record date of 2026-11-06. Across the 607 SIX issuers on the record, the median cadence gap is 29.5 days, the median filings count is 0 and the median latency is 14 days. The sector peer figures are not on the record for CH.\n\n## Auditor\n\nThe auditor of record is PricewaterhouseCoopers AG. The auditor's location is not on the record. Auditor changes are not on the record, because this register has no lifecycle type map yet.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, because this register has no lifecycle type map yet. The halt flag shows listed, not halted.\n\n## Orderability\n\nThe outcome is ACM-200 for each of the three client categories the chapter names: Privatkundinnen und -kunden, professionelle Kunden and institutionelle Kunden. The outcome is determinable for each. The rule version is acm-68000/ch/finsa-product-duties/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nThe field has not been read, so the research houses named on the issuer's investor-relations page are not on the record.\n\n## Open research\n\nThe field has not been read, so the number of openly published research notes is not on the record.\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 market's vintage is not sealed. No sealed issuer years are on the record, 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=BB%20BIOTECH (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.ch-cm-kg.ai/events/SIX/BION (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://www.bbbiotech.ch/_Resources/Persistent/7/4/6/c/746cb818af6a39ab5739cd1965eb90e4e93dae2a/BB%20Biotech%20AG%20GB%202025_en.pdf (the auditor)\n- https://mcp.ch-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://mcp.ch-cm-kg.ai/record/SIX/BION (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": {
    "read_by": "read by ChatGPT (batch)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.bbbiotech.ch/_Resources/Persistent/7/4/6/c/746cb818af6a39ab5739cd1965eb90e4e93dae2a/BB%20Biotech%20AG%20GB%202025_en.pdf",
    "state": "filled",
    "value": "PricewaterhouseCoopers AG"
   },
   "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/BION",
  "coverage": {
   "note": "the coverage field has not been read for this issuer",
   "state": "not_read"
  },
  "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": {
    "ad_hoc": 3,
    "corporate_news": 3,
    "newswire_release": 8,
    "register_mutation": 2
   },
   "cadence_median_gap_days": 25,
   "filing_days": 12,
   "filings": 16,
   "latency_days": 14,
   "latest": [
    {
     "category": "insiderinformationen-ad-hoc-mitteilung",
     "date": "2026-10-23",
     "source": "https://www.eqs-news.com/news/insiderinformationen-ad-hoc-mitteilung/bb-biotech-ag-veroeffentlicht-zwischenbericht/6382cd9d-c691-44e2-94e5-690a6025fb47_de",
     "title": "BB Biotech AG veröffentlicht Zwischenbericht | Ad-hoc",
     "type": "ad_hoc"
    },
    {
     "category": "corporate",
     "date": "2026-10-23",
     "source": "https://www.eqs-news.com/news/corporate/bb-biotech-q3-2026-positive-returns-clinical-progress-and-active-portfolio-redeployment/802a8b6d-db6b-4f93-a8d1-bed0961cbce1",
     "title": "BB Biotech Q3 2026: Positive returns, clinical progress and active portfolio redeployment | Corporate - EQS News",
     "type": "corporate_news"
    },
    {
     "category": "ad-hoc",
     "date": "2026-10-23",
     "source": "https://www.eqs-news.com/news/ad-hoc/bb-biotech-ag-publishes-its-interim-report/6382cd9d-c691-44e2-94e5-690a6025fb47_en",
     "title": "BB Biotech AG publishes its interim report | Ad-hoc - EQS News",
     "type": "ad_hoc"
    },
    {
     "category": "corporate",
     "date": "2026-10-23",
     "source": "https://www.eqs-news.com/de/news/corporate/bb-biotech-q3-2026-positive-returns-clinical-progress-and-active-portfolio-redeployment/802a8b6d-db6b-4f93-a8d1-bed0961cbce1",
     "title": "BB Biotech Q3 2026: Positive Wertentwicklung, klinische ...",
     "type": "corporate_news"
    },
    {
     "category": "ad-hoc",
     "date": "2026-10-23",
     "source": "https://www.eqs-news.com/de/news/ad-hoc/bb-biotech-ag-veroffentlicht-zwischenbericht/6382cd9d-c691-44e2-94e5-690a6025fb47_de",
     "title": "BB Biotech AG veröffentlicht Zwischenbericht | Ad-hoc",
     "type": "ad_hoc"
    }
   ],
   "latest_filing_date": "2026-10-23",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.ch-cm-kg.ai/events/SIX/BION",
   "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": "CH0038389992"
   },
   "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=BB%20BIOTECH",
    "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 CH0038389992)",
    "state": "sourced",
    "value": "391200MBZQNPFHIVKO34"
   },
   "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": "BB BIOTECH 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": "BION"
   },
   "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": "sha256:4959d2a42872dae2bd29db39dc454ac2cf705f9c816226e409f74aba780cb5b8",
  "open_research": {
   "rows": [],
   "state": "not_read"
  },
  "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/BION",
   "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": "sha256:4959d2a42872dae2bd29db39dc454ac2cf705f9c816226e409f74aba780cb5b8",
 "path": "/ch/SIX/BION",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "BB BIOTECH N is listed on SIX under the ticker BION, with ISIN CH0038389992 and LEI 391200MBZQNPFHIVKO34. Its security type is Corporate and its jurisdiction is Switzerland, as a Zefix-registered corporation. Its segment is not on the record, and its sector is not on the record because the SIX feed returns an empty ICB industry for this line. Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 16 filings on 12 filing days in the window 2025-11-06 to 2026-11-06. The filings are 8 newswire releases, 3 ad hoc, 3 corporate news and 2 register mutations. The median gap between filing days is 25 days. The latest filing is an ad hoc filing dated 2026-10-23, which is 14 days before the record date of 2026-11-06. Across the 607 SIX issuers on the record, the median cadence gap is 29.5 days, the median filings count is 0 and the median latency is 14 days. The sector peer figures are not on the record for CH.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is PricewaterhouseCoopers AG. The auditor's location is not on the record. Auditor changes are not on the record, because this register has no lifecycle type map yet.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, because this register has no lifecycle type map yet. The halt flag shows listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is ACM-200 for each of the three client categories the chapter names: Privatkundinnen und -kunden, professionelle Kunden and institutionelle Kunden. The outcome is determinable for each. The rule version is acm-68000/ch/finsa-product-duties/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The field has not been read, so the research houses named on the issuer's investor-relations page are not on the record.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "The field has not been read, so the number of openly published research notes is not on the record.",
   "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 market's vintage is not sealed. No sealed issuer years are on the record, 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=BB%20BIOTECH"
  },
  {
   "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/BION"
  },
  {
   "for": "the halt flag",
   "source": "https://www.ser-ag.com/sheldon/official_notices/v2/find.json ; https://www.bxswiss.com/suspensions"
  },
  {
   "for": "the auditor",
   "source": "https://www.bbbiotech.ch/_Resources/Persistent/7/4/6/c/746cb818af6a39ab5739cd1965eb90e4e93dae2a/BB%20Biotech%20AG%20GB%202025_en.pdf"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.ch-cm-kg.ai/book/aio.json"
  },
  {
   "for": "the record",
   "source": "https://mcp.ch-cm-kg.ai/record/SIX/BION"
  }
 ],
 "title": "BB BIOTECH N (BION) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}