MagForce AG

General information
MagForce AG
Max-Planck-Strasse 3
12489 Berlin, Berlin
Germany

Contact person: Ben J Lipps, Chief Executive Officer
Company main phone: +49 (30) 3083800
Company main fax:  +49 (30) 30838099
Website:  https://www.magforce.com
Year founded:1997
Source of foundation:Independent foundation
No. of employees: Worldwide:  33
Corporate description / mission:
MagForce AG is a medical device company in the field of nanomedicine focused on oncology. The company offers NanoTherm, a therapy for the treatment of brain tumors; NanoPlan, a software that supports the attending physician in preparing the ideal treatment plan for the NanoTherm therapy; and NanoActivator, a magnetic field generator.
State of ownership: Publicly listed on stock exchange
Headquarters: HQ: Yes
IPO (year): 2007
Categorization
Sector:
  • Medical Technology
Subsector:
  • Other
  • Diagnostic and therapeutic radiation devices
  • Imaging
  • Reusable instruments
Business model:
  • Manufacturer
  • Supplier / Distributor
Customer segments:
  • Hospitals
  • Physicians / doctors
Distribution:
  • Direct (own sales force)
  • Indirect (independent dealer)
Summary Products / Services / Technologies
Number of Medtech Products
On the market:3
Description of products:
NanoActivator®
NanoPlan®
NanoTherm®
Special IP situation:
17 International patent families
approx. 100 individual patents and 65 patent applications
Financing details
Market cap. / valuation:EUR 0.36M
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