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MagForce AG
Max-Planck-Strasse 3
Phone: +49 303083800p:+49 303083800 BERLIN, 12489  Germany Ticker: MF6MF6

Business Summary
Magforce AG is a Germany-based company engaged in the provision of nanotechnology solutions for health sector. Its non-invasive technology uses magnetic nanoparticles to combat tumors, without harmful effect on the healthy tissues. The Company's range of treatment products includes NanoTherm Therapie for treating tumors locally; NanoTherm, a fluid containing ferrous oxide molecules that penetrate deeply into the tumor tissues and reacting to the presence of a magnetic field; NanoActivator, which are iron oxide nanoparticles for tumors in all areas of the body, and NanoPlan, a software platform that facilitates therapy planning and adjusts proper temperatures for the treatment and and the necessary magnetic field strength. As of December 31, 2011, Nanostart AG held a 49.6%-stake in the Company.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
12/31/202112/31/2021Yes----

Industries
SIC Code Description
8731 Commercial physical and biological research

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Supervisory Board StefanSchuetze 8/23/2021 8/23/2021
Chairman of the Management Board, Chief Executive Officer Ben J.Lipps 83 9/1/2013 9/1/2013
Deputy Chairman of the Supervisory Board KlemensHallmann 8/11/2017 8/11/2017
Member of the Management Board, Chief Financial Officer ChristianVon Volkmann 50 10/1/2012 5/3/2012
Member of the Supervisory Board Aaron N.Weaver 42 11/1/2020 11/1/2020

Business Names
Business Name
0W10
MagForce Nanotechnologies AG
MagForce USA, Inc.
MF6

General Information
Number of Employees: 69 (As of 12/31/2021)
Outstanding Shares: 29,931,738 (As of 2/15/2022)
Stock Exchange: BWB
Fax Number: +49 3030838099


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