Nanoform Finland

Nanoform Finland

NANOFS.ST
Helsinki, Finland· Est.
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NANOFS.ST · Stock Price

SEK 6.23-4.03 (-39.28%)
Market Cap: $59.6M

Historical price data

Market Cap: $59.6MPipeline: 1 drugPatents: 1Founded: 2015HQ: Helsinki, Finland

Overview

Nanoform Finland is a publicly-traded biotech company with a mission to transform drug delivery through its proprietary nanoforming technology, CESS®. The company has established itself as a key B2B service provider and technology licensor to major pharmaceutical firms, addressing the pervasive industry challenge of poor drug solubility. Its strategy focuses on leveraging a scalable, green chemistry platform to support partners from early development through commercial supply, with recent expansion into high-value biologics and peptides, including GLP-1 agonists. Nanoform's achievements include building a robust pipeline of partnered programs and securing GMP-certified manufacturing capabilities.

OncologyCNSMetabolic Disorders (e.g., Diabetes/Obesity)ImmunologyInfectious Diseases

Technology Platform

Proprietary CESS® (Controlled Expansion of Supercritical Solutions) technology, a scalable, solvent-free process using supercritical CO2 to produce uniform nano-sized particles of drug substances, enhancing solubility and enabling novel delivery routes for both small molecules and biologics.

Pipeline

1
1 drug in pipeline

Funding History

3
Total raised:$74.2M
IPO$40.2M
Series B$23.5M
Series A$10.5M

Opportunities

The pervasive challenge of poor drug solubility in pharmaceutical R&D creates a vast, multi-billion dollar addressable market.
The strategic expansion into biologics and peptides, particularly for enabling high-concentration subcutaneous and inhaled delivery of drugs like GLP-1 agonists, represents a high-growth, premium segment with significant potential for market differentiation and value creation.

Risk Factors

Revenue is entirely dependent on a limited number of pharmaceutical partners, creating client concentration and business development risk.
The company faces intense competition from larger, well-established CDMOs and alternative drug delivery technologies.
As a pre-profit entity, it remains vulnerable to downturns in capital market access needed to fund operations and growth.

Competitive Landscape

Nanoform competes with large CDMOs (e.g., Lonza, Catalent) and drug delivery technology firms in the bioavailability enhancement space. Its key differentiators are its proprietary, green CESS® technology, its applicability to both small molecules and biologics, and its integrated end-to-end service model from development to GMP manufacturing.

Company Timeline

2015Founded

Founded in Helsinki, Finland

2018Series A

Series A: $10.5M

2019Series B

Series B: $23.5M

2020IPO

IPO — $40.2M