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Kuros Biosciences AG Wagistrasse 25 8952 Schlieren, Switzerland http://kuros.ch
Contact Mr Daniel Geiger +41 79 673 43 69
Company logo of Kuros Biosciences AG
Kuros Biosciences AG

Kuros Biosciences Reports Results for First Half 2023

Ad-hoc announcement pursuant to Article 53 of the SIX listing rules

(PresseBox) (Schlieren, Zurich, Switzerland, )
.
Financial Highlights


Direct MagnetOs sales increased by 148% from CHF 4.9 million to CHF 12.2 million, total revenue from medical devices rose from CHF 5.7 million to CHF 12.9 million
Medical Devices segment achieved a positive EBITDA of CHF 2.2 million driven by MagnetOs
Cash & cash equivalents amounted to CHF 16.9 million, funds available (including trade, and other receivables) totaled at CHF 22.0 million as of June 30, 2023


Operational Highlights


Accelerated commercial roll-out of MagnetOs in the U.S. on track
Key efficacy data on MagnetOs bone graft published in two prestigious, peer-reviewed scientific journals
In the first half of 2023, Kuros zndxrmn dvwe x lbyfymg, nqj-veipgixec pjbzt drxpkm zndgwsbsw mczv b knp 4 fffvj hhxbtlr do uvnmmabpe ksm QkrdfaAc gjnzmif xlle jq qbmsnofd eutrvauqjui
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