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Bioretec received FDA approval for a new Activa product

BRETECAnalyst Comment07.09.2026, 08.15
Antti SiltanenAnalyst
Discuss

Summary

  • Bioretec received FDA 510(k) clearance for its ActivaScrew Cannulated COM, allowing its commercialization in the US.
  • The approval aligns with Bioretec's strategic goals and supports growth expectations for the Activa product family, though it does not alter current estimates.
  • The ActivaScrew Cannulated COM is designed to minimize soft tissue irritation and complements Bioretec's biopolymer-based product line.
  • US sales growth for Activa is bolstered by new sales channels and a distribution partnership with OrthoPediatrics, enhancing market entry.

This content is generated by AI. You can give feedback on it in the Inderes forum.

Translation: Original published in Finnish on 9/7/2026 at 8:05 am EEST.

Bioretec announced on Saturday that it had received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its new ActivaScrew Cannulated COM compression screw. This approval pertains to the company's older Activa product series, which is based on biopolymers, and it allows the commercialization of the new screw model in the United States in accordance with its cleared indications for use. We consider the news an expected step as launching the cannulated Activa screw has been one of the company's short-term strategic goals. While the product approval supports our growth expectations for the Activa product family in the US, the news has no impact on our estimates.

Expansion of Activa portfolio supports US sales

The ActivaScrew Cannulated COM is a headless compression screw designed to sit fully flush with the bone in order to minimize soft tissue irritation. Although Bioretec’s long-term investment case and, in our view, its most significant potential for value creation rely on the new-generation metallic RemeOs product family, we believe the Activa products made from biopolymers will continue to play an important role in the company's revenue growth in the coming years.

In the United States, growth in Activa sales is supported by new sales channels, such as the distribution partnership with OrthoPediatrics. The marketing authorization that has now been obtained expands the company's product portfolio and aligns it more closely with the preferences of local surgeons, which we believe will facilitate market entry. We expect the Activa product family to continue its moderate growth in the coming years, driven by the US market, and the expansion of the product portfolio is now helping to support this trend.

Bioretec operates in the medical technology sector. The company specializes in the development of medical technology products. The product portfolio includes, for example, implants for pediatric and adult orthopedics and other materials for bone and soft tissue injuries. In addition to the main business, service and related ancillary services are also offered. The business is operated globally with the largest presence in the Nordic region.

Read more on company page

Key Estimate Figures13.08

202526e27e
Revenue3.55.17.7
growth-%-22.5 %44.4 %52.1 %
EBIT (adj.)-8.7-8.0-6.0
EBIT-% (adj.)-246.6 %-156.9 %-77.4 %
EPS (adj.)-0.31-0.01-0.00
Dividend0.000.000.00
Dividend %
P/E (adj.)neg.neg.neg.
EV/EBITDAneg.neg.neg.

Forum discussions

Here are Siltanen’s comments regarding Bioretec receiving FDA clearance for the new Activa screw. Inderes – 7 Sep 26 Bioretec sai FDA-hyväksynn...
5 hours ago
by Sijoittaja-alokas
3
We also got a new head of clinical research (tk-pomo) on board. Announced on their LinkedIn page. By the way, that’s a good number of followers...
yesterday
by j.sälli
4
Inderes Bioretecin ActivaScrew™ Cannulated COM -biohajoavalle kompressioruuville FDA... Bioretec Oy | Sisäpiiritieto | 5.9.2026 klo 12.25Biohajoavien...
9/5/2026, 9:43 AM
by Pertti
17
Good interview with Antti. In Inderes’ robo-comment on the Q1 result: “Bioretec’s Q1 revenue was EUR 1.22 million, exceeding the expected EUR...
8/19/2026, 10:17 AM
1
Here is the company report on Bioretec for Q2 from Antti Bioretec’s revenue for the beginning of the year continued its positive trend compared...
8/14/2026, 4:33 AM
by Sijoittaja-alokas
3
Bioretec’s CEO Sarah van Hellenberg Hubar-Fisher was interviewed by Antti regarding their H1 results Topics: 00:00 Introduction 00:12 Key highlights...
8/13/2026, 11:56 AM
by Sijoittaja-alokas
1
Let’s highlight the comparison of revenue changes between H1/25 and H1/26. - Europe +120.3% - USA +225.2% - Rest of the world -38.6% In other...
8/13/2026, 8:31 AM
by j.sälli
7