{
 "as_of": "2026-11-06",
 "cmr": "de-cm-kg/XETRA/FYB",
 "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# FORMYCON AG (Xetra: FYB) — research page\n\nAs of 2026-11-06 · de-cm-kg · record version 1\n\n## Identity and listing\n\nFORMYCON AG is listed on Xetra under ticker FYB. Its ISIN is DE000A1EWVY8 and its LEI is 39120005TZ76GQOY8Z19. The security type is Corporate and the segment is DEUTSCHLAND. The sector is not on the record, as the Xetra instruments file carries index membership and not a sector classification. The jurisdiction is Germany (Handelsregister HRB). The listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 27 filings in the twelve months to 2026-11-06, across 13 filing days. By type, the filings are 2 ad hoc, 18 corporate news, 5 newswire releases and 2 results. The median gap between filing days is 9.5 days. The latest filing is dated 2026-11-06, is of type corporate news, and is 0 days before the record date. The median cadence gap for Xetra is 22.8 days across 419 issuers, and the median filings count is 6. The median latency for Xetra is 5.5 days. The sector peer figures are not on the record for DE.\n\n## Auditor\n\nThe auditor of record is not on the record. The register carries the annual report link only. No auditor changes are on the record, as the market's lifecycle type map is not yet in place.\n\n## Events and halts\n\nThe listing, delisting, name change, domicile change and segment move lines are not on the record, as the market's lifecycle type map is not yet in place. The halt flag shows listed, not halted.\n\n## Orderability\n\nThe outcome is determinable for all three client categories: Professionelle Kunden, Privatkunden and Geeignete Gegenparteien. Each carries signal ACM-200. The rule version is acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nThe issuer's investor-relations page names 7 research houses: Berenberg, First Berlin, HCW, Jefferies, Keppler Cheuvreux, mwb Research and Oddo BHF.\n\n## Open research\n\nThe record holds 1 openly published research note, from Metzler Capital Markets, dated 2019-12-05.\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 is not vintage-sealed. No issuer years are sealed, the market's earliest sealed date is null, and the live record began null.\n\n## Sources\n\n9 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.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (identity.exchange)\n- https://api.gleif.org/api/v1/lei-records/39120005TZ76GQOY8Z19 (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.de-cm-kg.ai/events/XETRA/FYB (the disclosure lines)\n- https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list (the halt flag)\n- https://mcp.de-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.formycon.com/en/investor-relations/formycon-shares/ (coverage)\n- https://www.formycon.com/wp-content/uploads/2022/07/2019.12.05_Metzler-Capital-Markets_Initialstudie_FYB.pdf (open research)\n- https://mcp.de-cm-kg.ai/record/XETRA/FYB (the record)\n",
 "market": "DE",
 "node": "de-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the DE vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "DE",
    "reason": "Width 0 records the annual report link only (ORDER-015: source link, not a read)",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "DE",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "DE",
    "state": "not_on_record"
   },
   "changes": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "de-cm-kg/XETRA/FYB",
  "coverage": {
   "count": 7,
   "houses": [
    {
     "analyst": "Christian Ehmann",
     "house": "Berenberg",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.formycon.com/en/investor-relations/formycon-shares/",
     "state": "sourced"
    },
    {
     "analyst": "Simon Scholes",
     "house": "First Berlin",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.formycon.com/en/investor-relations/formycon-shares/",
     "state": "sourced"
    },
    {
     "analyst": "Yi Chen",
     "house": "HCW",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.formycon.com/en/investor-relations/formycon-shares/",
     "state": "sourced"
    },
    {
     "analyst": "Shan Hama",
     "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.formycon.com/en/investor-relations/formycon-shares/",
     "state": "sourced"
    },
    {
     "analyst": "Nicolas Pauillac",
     "house": "Keppler Cheuvreux",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.formycon.com/en/investor-relations/formycon-shares/",
     "state": "sourced"
    },
    {
     "analyst": "Alexander Zienkowicz",
     "house": "mwb Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.formycon.com/en/investor-relations/formycon-shares/",
     "state": "sourced"
    },
    {
     "analyst": "Martial Descoutures",
     "house": "Oddo BHF",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.formycon.com/en/investor-relations/formycon-shares/",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://www.formycon.com/en/investor-relations/formycon-shares/",
     "result": "read: 7 of 16 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": 419,
     "median_cadence_gap_days": 22.8,
     "median_filings": 6,
     "median_latency_days": 5.5,
     "name": "Xetra"
    },
    "sector": {
     "market": "DE",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "ad_hoc": 2,
    "corporate_news": 18,
    "newswire_release": 5,
    "results": 2
   },
   "cadence_median_gap_days": 9.5,
   "filing_days": 13,
   "filings": 27,
   "latency_days": 0,
   "latest": [
    {
     "category": "corporate",
     "date": "2026-11-06",
     "source": "https://www.eqs-news.com/news/corporate/formycon-maintains-2026-guidance-for-revenue-ebitda-and-working-capital-revises-adjusted-ebitda-and-reassesses-fyb201-and-fyb202/2c519e61-a9c5-404b-9109-5fb74e2bf5db_en",
     "title": "Formycon maintains 2026 guidance for revenue, EBITDA and working capital, revises adjusted EBITDA and reassesses FYB201 and FYB202 | Corporate - EQS News",
     "type": "corporate_news"
    },
    {
     "category": "ad-hoc",
     "date": "2026-11-06",
     "source": "https://www.eqs-news.com/news/ad-hoc/formycon-ag-recognizes-non-cash-impairments-on-fyb201-and-fyb202-and-revises-its-guidance-for-adjusted-ebitda/4d2113f0-7383-4cbf-8faa-56f7ee07ee9b_en",
     "title": "Formycon AG recognizes non-cash impairments on FYB201 and FYB202 and revises its guidance for adjusted EBITDA | Ad-hoc - EQS News",
     "type": "ad_hoc"
    },
    {
     "category": "corporate",
     "date": "2026-11-05",
     "source": "https://www.eqs-news.com/news/corporate/formycon-maintains-2026-guidance-for-revenue-ebitda-and-working-capital-revises-adjusted-ebitda-and-reassesses-fyb201-and-fyb202/2c519e61-a9c5-404b-9109-5fb74e2bf5db_en",
     "title": "Formycon maintains 2026 guidance for revenue, EBITDA and working capital, revises adjusted EBITDA and reassesses FYB201 and FYB202 | Corporate - EQS News",
     "type": "corporate_news"
    },
    {
     "category": "corporate",
     "date": "2026-11-05",
     "source": "https://www.eqs-news.com/news/corporate/formycon-invites-to-conference-call-on-2026-nine-month-results-and-announces-participation-in-international-investor-conferences/a927ca43-7aec-4246-b5b0-f92779fc9c93_en",
     "title": "Formycon invites to conference call on 2026 nine-month results and announces participation in international investor conferences | Corporate - EQS News",
     "type": "corporate_news"
    },
    {
     "category": "corporate-news",
     "date": "2026-11-05",
     "source": "https://www.eqs-news.com/news/corporate-news/formycon-laedt-zur-telefonkonferenz-zum-neunmonatsergebnis-2026-ein-und-gibt-teilnahme-an-internationalen-investorenkonferenzen-bekannt/a927ca43-7aec-4246-b5b0-f92779fc9c93_de",
     "title": "Formycon lädt zur Telefonkonferenz zum Neunmonatsergebnis 2026 ein und gibt Teilnahme an internationalen Investorenkonferenzen bekannt | Corporate - EQS News",
     "type": "corporate_news"
    }
   ],
   "latest_filing_date": "2026-11-06",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.de-cm-kg.ai/events/XETRA/FYB",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "Xetra"
   },
   "isin": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "confirmed",
    "value": "DE000A1EWVY8"
   },
   "jurisdiction": {
    "read_by": "GLEIF LEI record (LEI per the LEI column) (registeredAs)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/39120005TZ76GQOY8Z19",
    "state": "sourced",
    "value": "Germany (Handelsregister HRB)"
   },
   "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 DE000A1EWVY8)",
    "state": "sourced",
    "value": "39120005TZ76GQOY8Z19"
   },
   "name": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "FORMYCON AG"
   },
   "sector": {
    "market": "DE",
    "reason": "the Xetra instruments file carries index membership, not a sector classification",
    "state": "not_on_record"
   },
   "security_type": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "DEUTSCHLAND"
   },
   "ticker": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "FYB"
   },
   "website": {
    "market": "DE",
    "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": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
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  "market": "DE",
  "node": "de-cm-kg",
  "numbers_hash": "sha256:4ed3435b694fded33410be485c0ef013705254f3588e83e99034a44d3a5e3e84",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [
    {
     "date": "2019-12-05",
     "kind": "issuer-sponsored",
     "publisher": "Metzler Capital Markets",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.formycon.com/wp-content/uploads/2022/07/2019.12.05_Metzler-Capital-Markets_Initialstudie_FYB.pdf",
     "state": "sourced",
     "title": "Catching the next wave of blockbuster biosimilars"
    }
   ],
   "state": "found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "Professionelle Kunden",
    "Privatkunden",
    "Geeignete Gegenparteien"
   ],
   "outcomes": {
    "Geeignete Gegenparteien": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Privatkunden": {
     "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.de-cm-kg.ai/book/aio.json",
    "door": "https://mcp.de-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1",
   "section": "de.aio.v13"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.de-cm-kg.ai/record/XETRA/FYB",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:4ed3435b694fded33410be485c0ef013705254f3588e83e99034a44d3a5e3e84",
 "path": "/de/XETRA/FYB",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "FORMYCON AG is listed on Xetra under ticker FYB. Its ISIN is DE000A1EWVY8 and its LEI is 39120005TZ76GQOY8Z19. The security type is Corporate and the segment is DEUTSCHLAND. The sector is not on the record, as the Xetra instruments file carries index membership and not a sector classification. The jurisdiction is Germany (Handelsregister HRB). The listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 27 filings in the twelve months to 2026-11-06, across 13 filing days. By type, the filings are 2 ad hoc, 18 corporate news, 5 newswire releases and 2 results. The median gap between filing days is 9.5 days. The latest filing is dated 2026-11-06, is of type corporate news, and is 0 days before the record date. The median cadence gap for Xetra is 22.8 days across 419 issuers, and the median filings count is 6. The median latency for Xetra is 5.5 days. The sector peer figures are not on the record for DE.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record. The register carries the annual report link only. No auditor changes are on the record, as the market's lifecycle type map is not yet in place.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The listing, delisting, name change, domicile change and segment move lines are not on the record, as the market's lifecycle type map is not yet in place. The halt flag shows listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is determinable for all three client categories: Professionelle Kunden, Privatkunden and Geeignete Gegenparteien. Each carries signal ACM-200. The rule version is acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's investor-relations page names 7 research houses: Berenberg, First Berlin, HCW, Jefferies, Keppler Cheuvreux, mwb Research and Oddo BHF.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "The record holds 1 openly published research note, from Metzler Capital Markets, dated 2019-12-05.",
   "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 is not vintage-sealed. No issuer years are sealed, the market's earliest sealed date is null, and the live record began null.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "9 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.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://api.gleif.org/api/v1/lei-records/39120005TZ76GQOY8Z19"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.de-cm-kg.ai/events/XETRA/FYB"
  },
  {
   "for": "the halt flag",
   "source": "https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.de-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://www.formycon.com/en/investor-relations/formycon-shares/"
  },
  {
   "for": "open research",
   "source": "https://www.formycon.com/wp-content/uploads/2022/07/2019.12.05_Metzler-Capital-Markets_Initialstudie_FYB.pdf"
  },
  {
   "for": "the record",
   "source": "https://mcp.de-cm-kg.ai/record/XETRA/FYB"
  }
 ],
 "title": "FORMYCON AG (FYB) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}