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Basilea seen up after raising 2026 guidance

By Reuters News

** Shares in Basilea BSLN.S are seen up 7% in pre-market indications after the Swiss biotech company raised its 2026 revenue and operating profit guidance

** The company now expects operating profit of CHF 115 mln (€124 mln), up from CHF 70 mln previously, and revenue of about CHF 310 mln

** Basilea also raised its cash flow target for 2026-2030 and its 2030 financial targets

** Up to the previous session's close, the stock was up 26%​ YTD

(1 euro = 0.9248 Swiss francs)

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