Business progress

BRAIN implemented a number of key initiatives, measures, and developments in the 2023/24 financial year:

The development of genome editing activities bundled under the Akribion Genomics brand name was primarily focused on therapeutic applications, including oncology applications. The mode of action of the nuclease selected for this purpose enables both the targeted enrichment of cells and their elimination by selective destruction. This novel mode of action of nuclease G-dase E® thereby promises significant progress for therapeutic applications, particularly in the oncology area.

Our three-pillar reporting structure provides shareholders with enhanced transparency and visibility in relation to the Group’s operating performance in its BioProducts, BioScience, and BioIncubator segments. The BioScience segment comprises the activities for customized customer solutions in contract research. The BioProducts segment bundles all of the Group’s product-related activities for application-related fermentation and formulation with a focus on food and beverages. These also include the large-scale fermentation capacities of the Biocatalysts subsidiary. The BioIncubator comprises the pioneering research projects and the product pipeline, including Akribion Genomics, of BRAIN Biotech AG.

The BioProducts segment, managed by Biocatalysts, forms the core of the Group’s ambitious growth strategy to create a global multi-specialty enzyme company.

In terms of revenue, seven milestones were reached in strategic industrial partnerships in the 2023/24 financial year (previous year: four). The milestones achieved relate to various cooperation partners and lie within the previous year’s forecast.