ADDvise Group AB (publ) (ADDV-B.ST) Research

ADDvise Group AB (publ), established in Stockholm, Sweden, in 1989, furnishes specialized equipment to both public and private medical and scientific institutions globally, with operations spanning Sweden, the broader European continent, North America, Africa, and Asia. The company's business is structured into two primary divisions: Lab and Healthcare. The Lab segment is dedicated to the development, production, and distribution of controlled environment solutions and advanced ventilation systems specifically for laboratories. It also supplies precision weighing instruments for scientific, industrial, and retail applications, alongside a comprehensive range of laboratory instruments like centrifuges, water baths, and environmental chambers. This division further provides maintenance services for scales and lab apparatus, product storage solutions, and offers laboratory furniture and general equipment. Conversely, the Healthcare division specializes in the design, production, and commercialization of a wide array of medical devices. This includes surgical operating tables, general healthcare and safety goods, medical technology cables, connectivity solutions, orthopedic implants, specialized stents for foot and ankle procedures, and patient monitoring devices with associated software. This unit also distributes disposable medical supplies, ultrasound imaging systems, radiographic machinery, and specialized examination tables for urological and gynecological practices, in addition to managing an e-pharmacy platform.

Market snapshot

Symbol
ADDV-B.ST
Price
$1.73
Day change
+0.58%
Market cap
$1.0B
P/E ratio
19.33x
52-week range
0.99-2.655
Sector
Healthcare
Industry
Medical - Devices

Peer companies

  • Acarix AB (publ) (ACARIX.ST)
  • Bactiguard Holding AB (publ) (BACTI-B.ST)
  • Cantargia AB (publ) (CANTA.ST)
  • Doxa AB (publ) (DOXA.ST)
  • FluoGuide A/S (FLUO.ST)
  • Infant Bacterial Therapeutics AB (publ) (IBT-B.ST)
  • Mentice AB (publ) (MNTC.ST)
  • Orexo AB (publ) (ORX.ST)

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