Bioretec Ltd Reports Significant Change in Holdings
On March 14, 2025, Bioretec Ltd released a formal notification concerning the changes in the shareholding of WM GmbH, a key stakeholder. According to the notification issued under section 10 of the Securities Market Act, WM GmbH has crossed a significant threshold, now holding 5.78% of Bioretec's shares and voting rights, specifically amounting to 1,419,616 shares. Previously, WM GmbH did not hold enough shares to fall under this reporting requirement.
This increase in shareholding signifies notable interest from WM GmbH in Bioretec, which specializes in the innovation of biodegradable orthopedic implants. Bioretec continues to make strides in the medical device industry, particularly with their newly developed RemeOs™ product line that utilizes a magnesium alloy and hybrid composite. This advancement aims to set a new standard in surgical procedures related to bone fracture treatment.
The RemeOs™ implants are engineered to be absorbed by the body, promoting natural bone growth and thereby negating the need for future surgical interventions to remove the implants, a common concern with traditional titanium implants. This innovative approach not only enhances patient outcomes but is also in line with the goal of Value-Based Healthcare, focusing on efficiency and patient-centric care.
As of now, Bioretec’s RemeOs™ product line has garnered regulatory approval in the United States and Europe, marking significant milestones as they prepare to penetrate the lucrative global orthopedic trauma and spine market, which is valued at around USD 9 billion. The authorization received permits Bioretec to address a critical need in medical technology by developing products that enhance healing outcomes for patients suffering from bone fractures.
Additionally, this recent announcement from Bioretec underlines the company's commitment to transparency and investor engagement, as they continue to build upon their unique competencies in the biological interface of active implants. The company is actively expanding its market presence worldwide, including operations in approximately 40 countries.
Looking ahead, Bioretec aims to revolutionize the approach to bone healing with their innovative technologies and extensive research. As they continue to develop products that provide better healing solutions, the prospects for both the company and its stakeholders appear promising.
In conclusion, the rise in WM GmbH’s holdings is not only a strategic move but also underscores the growing confidence in Bioretec’s capabilities and vision in the orthopedic device market. This unfolds an exciting chapter for the company as they forge ahead in the consolidation of their market position while enhancing the lives of countless patients globally.
For detailed inquiries, please reach out to:
- - Johanna Salko, CFO, at +358 40 754 8172
- - Nordic Certified Adviser AB, at +46 70 551 67 29
For more information, visit
Bioretec's official website.
Date of Publication: March 14, 2025