Frequently Asked Questions

Corporate information

At year-end 2018, Bavarian Nordic had 419 full-time employees.

Bavarian Nordic has subsidiaries in USA and Germany. See more under Locations.

Bavarian Nordic has one approved product: a smallpox vaccine, which is approved in EU and Canada under the trade names IMVANEX and IMVAMUNE respectively. The vaccine is not commercially available, but sold to governments only.


Bavarian Nordic shares are traded on Nasdaq Copenhagen under the ticker symbol BAVA.

An ADR program has been established allowing U.S. investors to trade the stock locally on the OTC market under the ticker symbol BVNRY.

Bavarian Nordic has approximately 53,000 registered shareholders (May 2019).

Bavarian Nordic has 32,310,565 outstanding shares.

No, but Bavarian Nordic stock can be purchased through just about any brokerage firm, including online brokerage services.

Bavarian Nordic has never declared dividends. We intend on retaining all future earnings to finance future growth and therefore, do not anticipate paying any cash dividends in the foreseeable future.

The Company’s register of shareholders is kept by Computershare A/S, who also maintains our shareholder portal.  If you are a registered shareholder, you can access the shareholder portal and view your holding of shares and register your e-mail address to receive certain electronic investor information. You can also request admission card and/or vote for the annual general meeting.

Computershare A/S
Lottenborgvej 26 D, 1.
DK-2800 Kgs. Lyngby

Phone: +45 4546 0999

If you own shares through a bank or brokerage firm, you need to contact the bank or brokerage firm directly to change your account address.

The 2019 annual general meeting was held on April 24, 2019. See Events & Presentations for more details.


Bavarian Nordic's fiscal year runs from January 1 to December 31.

Our annual report is published electronically as a PDF file only. You may obtain a printed summary of the report by contacting our investor relations department.


At Bavarian Nordic we are committed to being socially and environmentally responsible and to comply with all relevant laws, standards and guidelines. We maintain a strong corporate governance structure and communicate openly and transparently about our CSR efforts.

More information can be found on the Corporate Governance and CSR sections of this website.