Biopharmaceuticals Valuation Multiples and Public Comps

Biopharmaceuticals

See analyst estimates and all valuation multiples for Biopharmaceuticals

Company	EV	EV/LTM Revenue	EV/LTM EBITDA
Eli Lilly	$793B	13.4x	31.2x
Johnson & Johnson	$483B	5.2x	13.8x
AbbVie	$467B	7.8x	18.2x
Roche	$291B	3.7x	9.5x
AstraZeneca	$287B	4.9x	14.0x
Novartis	$261B	4.7x	11.4x
Merck & Co	$242B	3.8x	8.3x
Novo Nordisk	$236B	4.9x	10.1x
Amgen	$205B	5.8x	11.3x
Pfizer	$186B	3.0x	7.6x
Gilead Sciences	$167B	5.8x	11.1x
Sanofi	$133B	2.5x	8.5x
Bristol-Myers Squibb	$127B	2.7x	7.9x
GSK	$114B	2.6x	7.8x
Vertex Pharmaceuticals	$103B	8.7x	22.2x
Takeda Pharmaceuticals	$71.6B	2.4x	8.9x
Bayer	$69.6B	1.3x	6.2x
Zoetis	$69.2B	7.3x	16.9x
Chugai Pharmaceutical	$68.4B	8.4x	16.5x
Merck KGaA	$67.4B	2.7x	9.5x
CSL	$65.9B	4.2x	12.5x
Lonza Group	$54.0B	5.8x	19.7x
Jiangsu Hengrui Pharma	$53.2B	11.6x	39.6x
Jiangsu Hengrui Pharma	$53.0B	11.6x	39.5x
Daiichi Sankyo	$44.6B	3.4x	15.8x
Sun Pharma	$43.7B	7.0x	24.6x
Teva Pharmaceuticals	$38.0B	2.2x	7.8x
Sandoz	$33.0B	2.9x	13.9x
Celltrion	$28.9B	10.0x	28.9x
Otsuka Holdings	$27.5B	1.7x	7.2x
Viatris	$25.9B	1.8x	6.2x
Biogen	$24.6B	2.5x	7.7x
Astellas Pharma	$23.2B	1.8x	8.4x
Royalty Pharma	$22.5B	7.7x	8.1x
Hansoh Pharma	$22.4B	11.2x	30.0x
Bausch Health	$22.3B	2.2x	6.5x
Sichuan Biokin	$19.2B	49.5x	464.8x
Grifols	$17.6B	2.0x	8.3x
Alteogen	$17.5B	115.5x	208.6x
Innovent Biologics	$16.9B	9.5x	76.3x
Genmab	$14.9B	4.1x	11.1x
Sino Biopharmaceutical	$14.7B	3.2x	12.2x
Recordati	$14.6B	4.8x	12.9x
Torrent Pharma	$14.1B	10.1x	30.7x
Sobi	$13.3B	4.5x	11.9x
Fosun Pharma	$13.3B	2.3x	13.2x
Neurocrine Biosciences	$13.1B	4.7x	19.5x
Cipla	$13.0B	4.0x	16.1x
Akeso	$12.8B	28.5x	-853.4x
Mankind Pharma	$12.2B	7.8x	30.8x
Yunnan Baiyao Group	$12.2B	2.1x	14.6x
Kelun-Biotech	$12.0B	43.9x	-272.7x
CR Pharmaceutical	$11.9B	0.3x	5.4x
Wuxi XDC	$11.6B	14.5x	46.2x
Financiere de Tubize	$11.4B	n/a	n/a
Dr. Reddy's Laboratories	$11.2B	3.0x	11.8x
Ipsen	$11.1B	2.6x	6.9x
Zydus Lifesciences	$10.8B	3.9x	13.7x
Lupin	$10.4B	3.8x	15.4x
Shionogi	$10.3B	3.3x	8.2x
Zhejiang NHU	$10.3B	3.1x	7.6x
Orion	$10.2B	4.8x	13.0x
Organon	$10.0B	1.6x	5.1x
CSPC Pharma Group	$9.7B	2.4x	8.8x
Huadong Medicine	$9.7B	1.6x	12.4x
Lundbeck	$8.7B	n/a	n/a
Halozyme Therapeutics	$8.5B	6.7x	10.4x
Hebei Changshan	$8.5B	n/a	n/a
Eisai Co.	$8.2B	1.6x	12.4x
3SBio	$7.8B	3.3x	5.6x
Abivax	$7.6B	744.7x	-36.2x
Aurobindo Pharma	$7.3B	2.0x	9.5x
Biocon	$7.2B	3.9x	18.5x
Alkem Laboratories	$7.2B	4.6x	23.4x
RemeGen	$6.9B	18.2x	-363.2x
Abbott India	$6.8B	8.9x	33.1x
Hikma Pharmaceuticals	$6.8B	2.0x	7.7x
Kyowa Kirin	$6.5B	2.0x	9.0x
Krka	$6.5B	2.8x	8.7x
Shanghai RAAS	$6.4B	5.6x	18.8x
Imeik Technology Development	$6.3B	16.5x	24.5x
China Resources Sanjiu	$6.3B	1.5x	8.2x
Metsera	$6.2B	n/a	n/a
Glenmark Pharma	$6.1B	3.7x	19.9x
Yuhan	$6.1B	4.0x	49.5x
Changchun High-Tech	$6.0B	3.1x	12.2x
Amneal Pharmaceuticals	$5.7B	1.9x	8.4x
Gan and Lee	$5.5B	9.7x	29.6x
Ono Pharmaceutical	$5.5B	1.7x	7.3x
Dottikon ES Holding	$5.4B	n/a	n/a
Bachem	$5.4B	6.4x	22.5x
Gedeon Richter	$5.3B	1.9x	5.2x
PharmaEssentia	$5.3B	11.2x	35.6x
Henlius Biotech	$5.0B	6.0x	27.2x
Shanghai Junshi	$5.0B	14.4x	-60.2x
Beijing Tiantan	$4.9B	5.2x	13.6x
GSK India	$4.8B	10.7x	33.6x
Praxis Precision Medicines	$4.7B	2660.0x	-16.9x
Peptron	$4.2B	n/a	n/a
Hypera	$4.2B	3.0x	10.9x
Aspen Pharmacare	$4.1B	1.6x	9.1x
Alkermes	$4.0B	2.7x	10.5x
Amoytop Biotech	$4.0B	7.9x	21.1x
Laboratorios Rovi	$3.8B	4.4x	16.0x
Virbac	$3.7B	2.2x	10.8x
Sinocelltech Group	$3.7B	11.6x	73.3x
Hanmi Pharm	$3.7B	3.4x	15.9x
ADMA Biologics	$3.6B	7.4x	16.6x
NewAmsterdam Pharma Co	$3.6B	106.3x	n/a
Yili Chuannig Biotech	$3.6B	5.2x	18.9x
Alvotech	$3.6B	5.6x	16.0x
Hualan Biological Engineering	$3.5B	5.3x	14.5x
Procaps Group	$3.5B	n/a	n/a
Kalbe Farma	$3.4B	1.6x	10.8x
Kanghong Pharmaceutical	$3.3B	4.8x	n/a
Belite Bio	$3.3B	n/a	n/a
Celcuity	$3.3B	n/a	-21.2x
Almirall	$3.2B	2.6x	12.3x
Zelgen Biopharmaceuticals	$3.2B	28.6x	-605.4x
Ascentage Pharma	$3.1B	33.9x	-29.1x
ABL Bio	$3.1B	57.3x	-1692.0x
Dermapharm	$3.0B	2.2x	8.1x
Arcutis Biotherapeutics	$3.0B	9.0x	-129.6x
Bora Pharmaceuticals	$2.9B	4.3x	12.8x
Mineralys Therapeutics	$2.9B	n/a	-14.7x
Jamjoom Pharma	$2.9B	7.2x	21.5x
Travere Therapeutics	$2.7B	7.1x	-28.3x
Lotus Pharmaceutical	$2.7B	4.3x	10.3x
Supernus Pharmaceuticals	$2.7B	3.8x	19.8x
InnoCare Pharma	$2.7B	13.2x	-56.9x
Tarsus Pharmaceuticals	$2.6B	6.7x	-34.7x
Scholar Rock	$2.6B	2468.2x	-7.1x
Disc Medicine	$2.6B	n/a	-11.9x
BioArctic	$2.6B	15.5x	26.0x
Wockhardt	$2.6B	n/a	n/a
Mabwell	$2.5B	21.8x	-93.3x
OneSource Specialty	$2.5B	13.0x	38.0x
ANI Pharmaceuticals	$2.5B	3.1x	11.7x
Kiniksa Pharmaceuticals	$2.5B	3.9x	30.7x
Yifan Pharmaceutical	$2.4B	2.9x	14.3x
Zhejiang Wolwo Bio-Pharma	$2.3B	15.5x	n/a
Hepalink	$2.2B	2.9x	18.0x
Anhui Anke Biotechnology	$2.2B	6.0x	16.7x
Nanjing King-Friend	$2.2B	3.7x	16.8x
Cogent Biosciences	$2.2B	n/a	-8.8x
Jafron Biomedical	$2.2B	6.9x	17.5x
Everest Medicines	$2.1B	9.7x	-60.6x
Pacific Shuanglin	$2.1B	5.3x	14.7x
Xeris Biopharma	$1.8B	6.5x	44.3x
Avadel Pharmaceuticals	$1.8B	6.9x	58.4x
Collegium Pharmaceutical	$1.7B	2.4x	4.0x
Spyre Therapeutics	$1.7B	23375.1x	-8.2x
Concord Biotech	$1.7B	11.3x	27.6x
Zhejiang Jolly	$1.7B	3.8x	14.9x
89bio	$1.7B	n/a	-4.7x
Yantai Dongcheng	$1.7B	3.9x	n/a
Hugel	$1.7B	5.6x	10.7x
Guangzhou Innogen Pharma	$1.7B	n/a	n/a
Neuren Pharma	$1.6B	26.0x	52.7x
Faes Farma	$1.6B	2.5x	11.0x
Bio-Thera Solutions	$1.6B	n/a	n/a
Joincare Pharmaceutical	$1.6B	0.7x	4.1x
Amphastar Pharma	$1.6B	2.2x	6.0x
Harrow	$1.6B	5.9x	23.2x
GC Biopharma	$1.6B	n/a	n/a
Lepu Biopharma	$1.5B	16.6x	n/a
Stoke Therapeutics	$1.5B	9.3x	-343.8x
Jinyu Bio-Technology Co.	$1.5B	7.7x	25.3x
Eczacıbaşı	$1.4B	n/a	n/a
Sionna Therapeutics	$1.4B	n/a	-16.9x
Pharma Mar	$1.4B	6.3x	26.3x
Gen Ilac	$1.4B	n/a	n/a
Aurinia Pharmaceuticals	$1.4B	5.2x	n/a
Maze Therapeutics	$1.4B	48.6x	-11.9x
Arcus Biosciences	$1.3B	5.6x	-3.6x
Chongqing Genrix	$1.3B	53.5x	-12.4x
China TCM	$1.3B	0.6x	6.3x
Sana Biotechnology	$1.3B	n/a	-6.1x
SPIMACO - ADDWAEIH	$1.3B	2.7x	15.2x
Genomma Lab	$1.3B	1.2x	5.2x
HUTCHMED	$1.2B	2.1x	-94.7x
ACROBiosystems	$1.2B	11.0x	39.1x
Cosmo Pharmaceuticals	$1.2B	8.0x	23.6x
Nuvation Bio	$1.2B	42.7x	n/a
Hanall Biopharma	$1.2B	11.1x	303.5x
Pharvaris	$1.2B	n/a	-6.5x
Zymeworks	$1.2B	9.3x	-23.6x
Ardelyx	$1.2B	3.1x	-76.5x
Haohai Biological	$1.2B	3.0x	13.7x
Zenas BioPharma	$1.1B	31.3x	-5.9x
WAVE Life Sciences	$1.1B	19.4x	-6.4x
OPKO Health	$1.1B	1.8x	-8.1x
Emergent BioSolutions	$1.1B	1.3x	5.5x
Lumosa Therapeutics Co	$1.1B	n/a	n/a
Dianthus Therapeutics	$1.1B	364.4x	n/a
Innoviva	$1.1B	2.9x	n/a
Philogen	$1.0B	2.8x	3.2x
ORIC Pharmaceuticals	$1.0B	n/a	-6.9x
Phathom Pharmaceuticals	$1.0B	6.5x	-6.3x
Upstream Bio	$998M	410.5x	-6.9x
TchaikaPharma	$997M	n/a	n/a
Tourmaline Bio	$994M	n/a	n/a
Rapport Therapeutics	$991M	n/a	-8.2x
Chabiotech	$940M	n/a	n/a
Enliven Therapeutics	$930M	156317.8x	-7.8x
Pharming	$918M	2.7x	44.4x
Tango Therapeutics	$909M	16.1x	n/a
Polaris Group	$902M	n/a	n/a
Dynavax	$891M	2.7x	65.8x
Mind Medicine	$877M	n/a	-6.1x
Esperion Therapeutics	$874M	2.4x	-3109.7x
Oculis Holding	$851M	868.1x	-8.7x
UroGen Pharma	$848M	7.4x	-7.3x
Vetoquinol	$837M	1.4x	6.8x
Boan Biotech	$831M	7.1x	26.3x
Arbutus Biopharma	$831M	63.8x	n/a
MBX Biosciences	$750M	n/a	-7.4x
Ironwood Pharmaceuticals	$749M	2.6x	6.2x
Alkaloid	$746M	n/a	n/a
Middle East Pharma	$742M	7.1x	26.0x
Dishman Carbogen Amics	$740M	n/a	n/a
Zentiva	$722M	n/a	n/a
LENZ Therapeutics	$713M	66.4x	-9.6x
Pharmicell	$711M	15.6x	126.5x
Syndax	$686M	4.7x	-2.4x
Mega Lifesciences	$678M	1.6x	7.5x
Basilea Pharmaceutica	$675M	2.5x	11.2x
Septerna	$655M	8.8x	-8.1x
Relay Therapeutics	$643M	51.7x	-2.0x
Elite Pharmaceuticals	$639M	n/a	n/a
Adcock Ingram	$637M	1.1x	8.8x
Xencor	$631M	4.8x	-3.5x
Savara	$626M	n/a	n/a
Anavex Life Sciences	$588M	31.1x	n/a
TaiMed Biologics	$588M	29.5x	-183.8x
Medy-Tox	$584M	3.4x	17.3x
Tempo Scan Pacific	$554M	n/a	n/a
Astria Therapeutics	$547M	48.0x	-3.6x
Tyra Biosciences	$545M	n/a	-4.3x
Inventiva	$536M	52.5x	-4.1x
Onconic Therapeutics	$519M	n/a	n/a
Luzhu Biotech	$515M	186.9x	-26.2x
Tanvex BioPharma	$514M	n/a	n/a
ArriVent BioPharma	$513M	n/a	-3.8x
Opthea	$506M	20398.2x	n/a
Zhejiang Shouxiangu	$484M	5.0x	13.9x
Akebia Therapeutics	$472M	2.1x	n/a
Blau Farmacêutica	$463M	1.4x	5.3x
Bicara Therapeutics	$463M	n/a	-3.4x
Erasca	$447M	n/a	-3.0x
Formycon	$441M	6.7x	-18.7x
Antibiotice	$437M	2.4x	10.0x
AprilBio	$420M	29.8x	56.9x
SIGA Technologies	$413M	3.7x	8.7x
Julphar	$406M	1.1x	8.0x
Lexicon Pharmaceuticals	$405M	10.6x	-4.1x
Knight Therapeutics	$404M	1.4x	10.2x
Regenxbio	$402M	2.0x	-4.6x
Binex	$401M	3.3x	67.0x
Terns Pharma	$400M	n/a	-3.6x
Senores Pharmaceuticals	$398M	6.5x	26.0x
Hansa Biopharma	$361M	13.8x	-7.4x
PYC Therapeutics	$351M	24.7x	-8.1x
Kamada	$342M	1.9x	8.1x
Laboratorio Reig Jofre	$337M	0.8x	7.2x
Medigen Vaccine Biologics	$330M	16.7x	-1124.2x
CytoDyn	$320M	n/a	n/a
Armata Pharmaceuticals	$319M	58.6x	-8.7x
Celon Pharma	$319M	4.6x	25.3x
Nika Pharmaceuticals	$308M	n/a	n/a
Adimmune	$291M	n/a	n/a
Flerie	$281M	n/a	n/a
Alpha Teknova	$276M	6.9x	-30.3x
Day One Biopharmaceutical	$271M	1.9x	-1.7x
4D Molecular Therapeutics	$259M	78.4x	-1.1x
Mycenax Biotech	$252M	n/a	n/a
Olema Pharmaceuticals	$245M	n/a	-1.6x
Mereo BioPharma Group	$245M	10.6x	-107.2x
Cereno Scientific	$245M	n/a	-32.3x
Fennec Pharmaceuticals	$239M	5.3x	17.2x
EQL Pharma	$229M	4.9x	20.8x
Egetis Therapeutics	$229M	28.5x	-7.2x
Prestige Biologics	$227M	n/a	n/a
Clinuvel Pharmaceuticals	$221M	3.5x	7.6x
Aura Biosciences	$219M	n/a	n/a
Neurogene	$211M	1366.9x	n/a
Adocia	$209M	7.4x	n/a
Laboratorios Richmond	$204M	n/a	n/a
Prothena Corp.	$202M	5.1x	n/a
Santhera Pharma	$198M	2.4x	-8.4x
Biomm	$197M	n/a	n/a
OmniAb	$195M	8.7x	-4.5x
AFT Pharmaceuticals	$194M	1.6x	16.7x
Lavipharm	$193M	n/a	n/a
Altimmune	$191M	18899.7x	-2.0x
Immutep	$189M	52.6x	-4.3x
Panion & Bf Biotech	$188M	2.8x	n/a
Vicore Pharma Holding	$186M	92.1x	-6.0x
Abionyx Pharma	$184M	33.0x	-14.2x
Cullinan Therapeutics	$183M	37.1x	-0.8x
NervGen Pharma	$175M	n/a	-12.5x
CHO Pharma	$173M	n/a	n/a
Oncopeptides	$158M	13.0x	-7.4x
Protalix	$152M	2.6x	n/a
Botanix Pharmaceuticals	$152M	12.3x	-3.6x
Innate Pharma	$147M	8.3x	-3.0x
Orexo	$146M	2.6x	98.1x
BioInvent International	$145M	8.7x	-3.3x
Diamyd Medical	$140M	34.0x	-10.0x
Turk İlaç	$136M	n/a	n/a
Applied Therapeutics	$135M	381.5x	n/a
PureTech Health	$131M	33.1x	-0.9x
Tetratherix	$126M	107.7x	-26.5x
Contineum Therapeutics	$126M	35.3x	-1.7x
Bioceltix	$126M	n/a	n/a
Annexon	$121M	n/a	-0.6x
Savior Lifetec	$121M	n/a	n/a
Silence Therapeutics	$119M	n/a	n/a
SynAct Pharma	$113M	n/a	-8.5x
Cybin	$113M	n/a	-1.2x
Bioton	$112M	1.6x	10.1x
Dicot Pharma	$112M	n/a	n/a
Naturland Holding	$107M	n/a	n/a
Synthaverse	$103M	6.7x	23.2x
Kalaris Therapeutics	$96.9M	n/a	n/a
Hamlet BioPharma	$96.8M	n/a	n/a
Genfit	$96.5M	1.2x	-3.4x
Wellgistics Health	$96.5M	n/a	n/a
Arcturus Therapeutics	$91.2M	0.9x	-1.3x
Replek	$85.5M	n/a	n/a
Aardvark Therapeutics	$85.3M	n/a	-1.7x
Cantargia	$83.6M	7.9x	-49.2x
Maat Pharma	$81.2M	9.9x	-2.7x
Magle Chemoswed Holding	$77.8M	3.1x	12.4x
Recce Pharmaceuticals	$77.3M	18.2x	-5.7x
Medicenna Therapeutics	$73.6M	1206.4x	n/a
Labiana Health	$69.6M	n/a	n/a
Corestemchemon	$68.6M	n/a	n/a
Foghorn Therapeutics	$68.1M	2.3x	-0.9x
IBT	$64.6M	n/a	n/a
ImmuCell	$63.0M	n/a	n/a
Amarin Corp	$61.1M	0.3x	-1.1x
Valerio Therapeutics	$61.0M	n/a	n/a
Captor Therapeutics	$59.6M	7.1x	-7.9x
Forte Biosciences	$58.8M	n/a	n/a
J. Molner	$55.9M	n/a	n/a
Marinomed Biotech	$55.8M	6.0x	3.0x
Oncocross	$55.1M	n/a	n/a
Corline Biomedical	$51.6M	27.0x	-145.0x
Vytrus Biotech	$50.9M	n/a	n/a
Climb Bio	$50.8M	n/a	n/a
Camp4 Therapeutics	$50.3M	19.8x	-1.0x
Genenta Science	$47.1M	n/a	n/a
Enzymatica	$45.8M	9.5x	n/a
Vivoryon Therapeutics	$43.6M	n/a	-2.3x
Genoway	$43.2M	1.7x	11.8x
Lytix Biopharma	$42.9M	38.9x	-4.5x
Evaxion	$42.7M	6.3x	n/a
Dyadic International	$41.9M	11.0x	n/a
NLS Pharmaceutics	$41.3M	n/a	n/a
Vitrafy	$41.2M	44.5x	-4.3x
Gensight Biologics	$40.2M	10.5x	n/a
Cassava Sciences	$37.6M	n/a	n/a
Alumis	$37.4M	1.8x	-0.2x
Relief Therapeutics	$36.5M	n/a	n/a
Ascelia Pharma	$36.2M	4.8x	302.0x
Mendus	$35.5M	67.0x	-2.9x
Mabion	$34.8M	1.9x	43.2x
Biotechnology Assets	$33.9M	n/a	n/a
Biosenic	$33.6M	n/a	n/a
Intervacc	$32.5M	n/a	n/a
Xintela	$29.9M	29.8x	-7.9x
Nanexa	$29.6M	n/a	n/a
Ascendis Health Ltd	$27.9M	n/a	n/a
Elicera Therapeutics	$27.1M	n/a	-15.1x
Pentixapharm Holding	$27.0M	n/a	n/a
Poltreg	$26.5M	n/a	n/a
AlzeCure Pharma	$25.2M	n/a	-6.2x
IRLAB Therapeutics	$24.1M	7.7x	-5.8x
Bio-Works Technologies	$23.7M	n/a	n/a
Lipum	$23.7M	n/a	-5.0x
Pharma Equity Group	$23.5M	12.1x	-771.7x
Theranexus	$21.8M	n/a	n/a
Nanogroup	$21.5M	n/a	n/a
Read-Gene	$20.1M	n/a	n/a
Cinclus Pharma Holding	$19.6M	2.8x	-1.0x
Arterra Bioscience	$19.6M	2.9x	8.1x
Biogened	$19.6M	n/a	n/a
Enorama Pharma	$19.3M	n/a	n/a
Pure Biologics	$19.2M	n/a	n/a
Karolinska Development	$17.1M	n/a	n/a
Aqua Bio Technology	$16.5M	n/a	n/a
Biovica International	$16.0M	5.1x	-2.0x
Alzinova	$15.4M	n/a	-3.9x
SoftOx Solutions	$15.3M	n/a	n/a
Annexin Pharmaceuticals	$15.2M	n/a	n/a
Plant Advanced	$15.0M	n/a	n/a
Coegin Pharm	$14.9M	n/a	n/a
Glycorex Transplantation	$14.9M	n/a	n/a
GeNeuro	$14.7M	n/a	n/a
Arctic Bioscience	$14.7M	3.4x	-3.2x
Scandinavian ChemoTech	$14.2M	10.2x	-34.6x
Circio Holding	$14.1M	n/a	-3.0x
Oxurion	$13.6M	n/a	n/a
Xbrane Biopharma	$13.1M	0.7x	-4.8x
Aton	$12.7M	n/a	n/a
Moberg Pharma	$12.6M	11.9x	-5.2x
Nanologica	$12.4M	4.0x	-4.3x
DexTech Medical	$12.4M	n/a	n/a
Autolus Therapeutics	$12.1M	0.2x	-0.1x
AcuCort	$11.9M	73.0x	-5.4x
Abera Bioscience	$11.8M	n/a	n/a
Medicofarma Biotech	$11.0M	n/a	n/a
Nykode Therapeutics	$10.9M	6.5x	-0.3x
Celyad Oncology	$10.7M	n/a	n/a
Urteste	$10.5M	n/a	n/a
Klaria Pharma Holding	$10.0M	n/a	-5.0x
Biophytis	$9.7M	5.3x	-0.7x
Chosa Oncology	$9.5M	n/a	n/a
Opsy Holding	$9.5M	n/a	n/a
NextCell Pharma	$8.7M	6.3x	-2.0x
Stenocare	$8.7M	9.7x	-10.4x
Biosergen	$8.7M	n/a	n/a
Alligator Bioscience	$7.7M	6.3x	-0.6x
Active Biotech	$7.2M	n/a	-10.8x
TME Pharma	$7.0M	n/a	-1.2x
Pila Pharma	$6.8M	n/a	n/a
OncoZenge	$6.7M	n/a	-7.3x
Simris Alg	$6.3M	n/a	n/a
Addex Therapeutics	$6.2M	12.3x	n/a
Sprint Bioscience	$5.5M	0.7x	-3.5x
Isofol Medical	$5.2M	n/a	n/a
Instituto Rosenbusch	$5.2M	n/a	n/a
Spago Nanomedical	$5.1M	41.4x	-1.6x
Newbury Pharmaceuticals	$4.7M	n/a	n/a
AcouSort	$4.7M	n/a	n/a
Lipigon Pharmaceuticals	$4.6M	23.3x	-1.4x
Vivesto	$4.5M	n/a	-1.3x
Hemp & Health	$4.5M	n/a	n/a
Modus Therapeutics	$4.1M	n/a	-2.4x
Strategic Partners	$3.7M	n/a	n/a
Genxone	$3.7M	n/a	n/a
Exact Therapeutics	$3.7M	n/a	n/a
PharmaLundensis	$3.3M	n/a	n/a
Cannabis Poland	$3.1M	n/a	n/a
PEPTONIC medical	$2.5M	n/a	n/a
2cureX	$2.3M	n/a	n/a
Double Bond	$2.2M	n/a	n/a
Aptahem	$2.0M	n/a	n/a
Respiratorius	$1.7M	n/a	n/a
Nextgen Biomed	$1.7M	n/a	n/a
Nidhogg Resources Holding	$1.5M	n/a	n/a
ExpreS2ion Biotech Hldg	$1.4M	1.7x	n/a
Stayble Therapeutics	$1.4M	n/a	0.3x
NanoEcho	$1.1M	n/a	n/a
Medivir	$1.0M	2.5x	-0.1x
Galecto	$0.9M	n/a	n/a
QUIA PHARMA	$0.8M	n/a	n/a
Molecular Partners	$0.8M	0.5x	-0.0x
Diagonal Bio	$0.5M	n/a	n/a
Gabather	$0.5M	n/a	n/a
bioXXmed	$0.3M	n/a	n/a
DanCann Pharma	$0.2M	n/a	n/a
BioLineRx	$0.1M	0.0x	-0.0x
Neovacs	-$0.2M	n/a	n/a
PCI Biotech Holding	-$0.2M	n/a	n/a
Lidds	-$0.3M	n/a	n/a
Fluicell	-$0.4M	n/a	n/a
Oncoinvent	-$1.9M	-2.4x	0.2x
Q32 Bio	-$2.5M	n/a	n/a
NUTEX	-$5.7M	n/a	n/a
Guard Therapeutics Intl	-$6.5M	n/a	0.8x
Bioage Labs	-$11.4M	-2.7x	0.1x
Barinthus Biotherapeutics	-$21.6M	-8.6x	n/a
Pliant Therapeutics	-$102M	-42.9x	0.5x
Alector	-$112M	-3.6x	0.7x
Galapagos	-$1.5B	-4.7x	7.4x