Jul. 21 at 1:29 PM
$BCHMF $BCHMY Long BCHMY woke up this morning worrying, "the plan was to add on weakness, but only lowering the cost basis of
$8.42." And this morning we get
"BUZZ-Bachem jumps after announcing CHF 500 mln project investment
4:26 AM ET, 07/21/2026 - Reuters
** Bachem BANB.S shares rise 7.6% after the Swiss peptide manufacturer announced investments of more than 500 million Swiss francs (
$617.67 million) in its Sisslerfeld greenfield project
** "Bachem has successfully secured a long-term agreement with a customer, which is a positive development," Vontobel says
** The company said the expansion is part of a strategic collaboration but did not disclose further details on its partners
** Vontobel adds that Bachem will mitigate a significant financial risk by not having to bear the financial burden
** The brokerage notes, however, that additional customer contracts are likely necessary to advance the site
(Reporting by Danny Callaghan)
