ADDvise Group AB (publ) (ADDV-B.ST)
ADDvise Group AB (publ) operates in the Medical - Devices industry of the Healthcare sector, headquartered in Stockholm, SE. The stock last traded at $1.73, up 0.58% on the session, giving a market capitalisation of $1.05B. Its beta of -0.32 implies it has historically moved less than the broad market.
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.
ADDvise Group AB (publ) is most often compared with the following Healthcare names: