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	$1.00T	15.7x	34.8x
Johnson & Johnson	$527B	5.6x	14.7x
AbbVie	$459B	7.5x	17.6x
Roche	$366B	4.7x	11.9x
AstraZeneca	$321B	5.5x	15.8x
Novartis	$296B	5.4x	13.1x
Merck & Co	$293B	4.5x	9.8x
Novo Nordisk	$265B	5.5x	11.4x
Amgen	$223B	6.1x	12.6x
Pfizer	$190B	3.1x	7.7x
Gilead Sciences	$172B	5.9x	10.8x
Bristol-Myers Squibb	$148B	3.1x	7.9x
Sanofi	$125B	2.4x	7.9x
GSK	$123B	2.8x	8.3x
Vertex Pharmaceuticals	$115B	9.6x	21.2x
Chugai Pharmaceutical Co	$83.6B	10.5x	20.7x
Bayer	$82.1B	1.5x	7.4x
Takeda Pharmaceuticals	$76.2B	2.6x	9.8x
Merck KGaA	$75.4B	3.0x	10.6x
CSL	$66.2B	4.1x	12.2x
Zoetis	$60.6B	6.4x	14.7x
Jiangsu Hengrui Pharma	$54.9B	11.8x	39.2x
Jiangsu Hengrui Pharma	$54.8B	11.6x	38.4x
Lonza Group	$53.2B	5.6x	19.1x
Teva Pharmaceuticals	$52.2B	3.0x	10.2x
Sun Pharma	$44.3B	7.1x	24.9x
Daiichi Sankyo	$39.3B	3.0x	14.8x
Sandoz	$37.0B	3.4x	15.6x
Celltrion	$33.5B	11.7x	32.8x
Biogen	$29.9B	3.0x	9.8x
Otsuka Holdings	$29.1B	1.9x	7.8x
Astellas Pharma	$28.1B	2.2x	9.3x
Viatris	$28.1B	2.0x	6.8x
Hansoh Pharma	$27.2B	12.9x	33.6x
Royalty Pharma	$24.8B	8.3x	8.6x
Bausch Health	$22.6B	2.2x	6.3x
Sichuan Biokin	$19.3B	61.0x	n/a
Innovent Biologics	$18.8B	9.7x	95.3x
Grifols	$17.7B	2.0x	8.3x
Genmab	$17.6B	4.8x	12.6x
Alteogen	$17.4B	112.3x	209.1x
Torrent Pharma	$15.4B	10.9x	33.2x
Akeso	$14.8B	31.2x	-1471.6x
Sino Biopharmaceutical	$14.4B	3.0x	11.2x
Sobi	$14.0B	4.5x	11.7x
Recordati	$13.9B	4.5x	12.1x
Kelun-Biotech	$13.4B	47.9x	-290.1x
Fosun Pharma	$13.1B	2.2x	13.8x
Neurocrine Biosciences	$12.8B	4.5x	19.5x
Yunnan Baiyao Group	$12.8B	2.1x	14.5x
Shionogi	$12.3B	4.0x	9.9x
CSPC Pharma Group	$12.0B	3.0x	12.0x
Cipla	$12.0B	3.7x	15.5x
Financiere de Tubize	$11.8B	n/a	n/a
CR Pharmaceutical	$11.7B	0.3x	5.0x
Zhejiang NHU	$11.2B	3.3x	7.9x
Lupin	$11.1B	4.0x	15.4x
Dr. Reddy's Laboratories	$11.1B	2.9x	12.0x
Ipsen	$11.0B	2.5x	6.6x
Orion	$11.0B	5.0x	13.4x
Mankind Pharma	$10.9B	7.0x	28.0x
Wuxi XDC	$10.5B	12.2x	40.0x
Zydus Lifesciences	$10.4B	3.7x	13.4x
Organon	$10.3B	1.6x	5.3x
Huadong Medicine	$9.5B	1.5x	11.9x
Abivax	$9.4B	928.1x	-39.4x
Halozyme Therapeutics	$9.3B	6.9x	10.6x
Hebei Changshan	$8.4B	n/a	n/a
ABL Bio	$8.1B	103.6x	18147.3x
Eisai Co.	$8.1B	1.6x	13.0x
Lundbeck	$7.9B	n/a	n/a
3SBio	$7.7B	2.9x	4.2x
Aurobindo Pharma	$7.6B	2.1x	10.2x
Biocon	$7.5B	3.9x	19.1x
Alkem Laboratories	$7.4B	4.7x	23.5x
RemeGen	$7.3B	17.8x	-2970.3x
Praxis Precision Medicines	$7.2B	23932.4x	-24.0x
Kyowa Kirin Co	$7.1B	2.3x	10.2x
Krka	$6.9B	2.9x	8.8x
Amneal Pharmaceuticals	$6.6B	2.2x	9.7x
China Resources Sanjiu	$6.5B	1.5x	8.7x
Abbott India	$6.5B	8.5x	31.2x
Ono Pharmaceutical	$6.4B	2.0x	8.5x
Glenmark Pharma	$6.3B	3.6x	23.8x
Shanghai RAAS	$6.2B	n/a	n/a
Dottikon ES Holding	$6.2B	n/a	n/a
Hikma Pharmaceuticals	$6.0B	1.8x	7.1x
Belite Bio	$5.9B	n/a	n/a
Imeik Technology Development	$5.9B	16.3x	24.2x
Yuhan	$5.8B	3.8x	42.8x
Bachem	$5.7B	6.7x	23.3x
Gan and Lee	$5.5B	9.2x	27.7x
Gedeon Richter	$5.3B	1.9x	5.2x
Changchun High-Tech	$5.3B	2.7x	10.1x
Cogent Biosciences	$5.2B	n/a	-19.4x
Henlius Biotech	$5.0B	5.9x	30.1x
Shanghai Junshi	$4.9B	13.5x	-73.7x
Aspen Pharmacare	$4.9B	1.8x	10.7x
PharmaEssentia	$4.8B	9.9x	30.0x
Celcuity	$4.7B	n/a	-28.4x
Amoytop Biotech	$4.7B	9.0x	23.5x
Beijing Tiantan	$4.5B	4.9x	13.5x
ADMA Biologics	$4.3B	8.5x	18.4x
GSK India	$4.3B	10.1x	30.6x
Hanmi Pharm	$4.2B	4.0x	18.4x
Laboratorios Rovi	$4.2B	4.9x	18.2x
Hypera	$4.1B	2.9x	10.7x
Wuhan Healthgen	$4.1B	n/a	n/a
Peptron	$4.0B	n/a	n/a
Scholar Rock	$4.0B	n/a	-10.0x
Xuanzhu Biopharmaceutical	$3.9B	n/a	n/a
Alkermes	$3.8B	2.6x	10.1x
Terns Pharma	$3.8B	n/a	-33.9x
Virbac	$3.7B	2.2x	10.9x
Arcutis Biotherapeutics	$3.6B	10.0x	-1866.8x
Zelgen Biopharmaceuticals	$3.5B	30.3x	-554.1x
Hualan Biological Engineering	$3.5B	5.3x	14.2x
Yili Chuannig Biotech	$3.5B	5.2x	15.1x
Kanghong Pharmaceutical	$3.5B	5.0x	14.5x
Sinocelltech Group	$3.4B	n/a	n/a
Dermapharm	$3.4B	2.5x	9.0x
NewAmsterdam Pharma Co	$3.4B	123.0x	-16.0x
Almirall	$3.3B	2.6x	12.2x
Travere Therapeutics	$3.3B	6.6x	368.8x
Kalbe Farma	$3.0B	1.4x	9.6x
Tarsus Pharmaceuticals	$3.0B	6.7x	-47.3x
BioArctic	$3.0B	15.2x	26.3x
Kiniksa Pharmaceuticals	$2.8B	4.2x	26.3x
Wockhardt	$2.8B	n/a	n/a
Alvotech	$2.7B	4.6x	20.6x
Supernus Pharmaceuticals	$2.7B	3.8x	21.1x
Bora Pharmaceuticals	$2.7B	4.3x	14.1x
Mabwell	$2.7B	n/a	n/a
Lotus Pharmaceutical	$2.6B	4.2x	10.3x
Ascentage Pharma	$2.6B	35.1x	-19.6x
WAVE Life Sciences	$2.6B	61.3x	-12.8x
Jamjoom Pharma	$2.6B	6.4x	19.0x
InnoCare Pharma	$2.5B	8.7x	107.4x
Yifan Pharmaceutical	$2.4B	2.9x	14.6x
Jinyu Bio-Technology Co.	$2.4B	n/a	n/a
Disc Medicine	$2.4B	n/a	-10.2x
Nuvation Bio	$2.4B	43.5x	n/a
OneSource Specialty	$2.4B	12.8x	37.8x
Hepalink	$2.3B	n/a	n/a
Anhui Anke Biotechnology	$2.3B	5.9x	17.0x
Spyre Therapeutics	$2.2B	n/a	-10.3x
Jafron Biomedical	$2.2B	7.1x	18.5x
ANI Pharmaceuticals	$2.2B	2.5x	9.6x
Nanjing King-Friend	$2.1B	3.4x	13.4x
Zhejiang Wolwo Bio-Pharma	$2.1B	13.5x	29.8x
Collegium Pharmaceutical	$2.1B	2.6x	4.5x
Harrow	$2.1B	7.5x	29.2x
Cosmo Pharmaceuticals	$2.1B	13.6x	34.1x
Mineralys Therapeutics	$2.0B	n/a	-11.8x
Avadel Pharmaceuticals	$2.0B	7.3x	58.5x
Pacific Shuanglin	$1.9B	n/a	n/a
Arcus Biosciences	$1.9B	7.8x	-5.3x
Faes Farma	$1.9B	2.8x	13.3x
Hanall Biopharma	$1.8B	16.9x	328.3x
Guangzhou Innogen Pharma	$1.8B	n/a	n/a
Aurinia Pharmaceuticals	$1.7B	6.2x	11.7x
Olema Pharmaceuticals	$1.7B	n/a	-10.2x
Everest Medicines	$1.7B	6.7x	288.2x
Stoke Therapeutics	$1.7B	8.8x	151.6x
Ardelyx	$1.7B	4.1x	-393.2x
Yantai Dongcheng	$1.7B	n/a	n/a
Amphastar Pharma	$1.7B	2.3x	6.3x
Zhejiang Jolly	$1.6B	3.9x	13.5x
Maze Therapeutics	$1.6B	n/a	-11.3x
Joincare Pharmaceutical	$1.6B	0.7x	4.1x
Alumis	$1.6B	62.7x	-6.4x
Concord Biotech	$1.5B	10.5x	26.1x
Xeris Biopharma	$1.5B	5.3x	28.6x
Bio-Thera Solutions	$1.5B	n/a	n/a
Zymeworks	$1.5B	12.3x	-28.8x
GC Biopharma	$1.5B	n/a	n/a
Pharma Mar	$1.4B	6.1x	34.1x
Eczacıbaşı	$1.4B	n/a	n/a
Hugel	$1.4B	4.8x	9.5x
Syndax	$1.4B	8.4x	-5.3x
Neuren Pharma	$1.4B	31.7x	201.2x
Sionna Therapeutics	$1.4B	n/a	-15.6x
Dynavax	$1.4B	4.1x	56.6x
Tango Therapeutics	$1.4B	21.8x	-12.8x
Tyra Biosciences	$1.4B	n/a	-10.3x
Chongqing Genrix	$1.3B	37.3x	n/a
Lepu Biopharma	$1.3B	10.7x	40.3x
Gen Ilac	$1.3B	n/a	n/a
Pharvaris	$1.2B	n/a	-6.6x
Dianthus Therapeutics	$1.2B	541.2x	n/a
Erasca	$1.2B	n/a	-8.5x
Mind Medicine	$1.2B	n/a	-7.5x
HUTCHMED	$1.2B	2.1x	-52.1x
Genomma Lab	$1.2B	1.2x	5.0x
Innoviva	$1.2B	3.0x	5.2x
Phathom Pharmaceuticals	$1.2B	6.8x	-8.5x
Pharming	$1.2B	3.2x	37.5x
China TCM	$1.2B	0.5x	4.3x
Upstream Bio	$1.1B	429.9x	-7.5x
Esperion Therapeutics	$1.1B	2.9x	43.3x
Sana Biotechnology	$1.1B	n/a	-5.6x
SPIMACO - ADDWAEIH	$1.1B	2.3x	13.0x
ACROBiosystems	$1.1B	9.3x	30.0x
Emergent BioSolutions	$1.1B	1.4x	5.6x
Ironwood Pharmaceuticals	$1.1B	3.7x	7.4x
Oculis Holding	$1.1B	1076.5x	-10.9x
UroGen Pharma	$1.1B	9.6x	-9.3x
Savara	$1.1B	n/a	n/a
Chabiotech	$1.1B	n/a	n/a
MBX Biosciences	$1.1B	n/a	-10.9x
Haohai Biological	$1.0B	2.7x	11.5x
OPKO Health	$1.0B	1.7x	-7.5x
Vetoquinol	$996M	1.6x	8.1x
Philogen	$960M	2.4x	2.7x
Lumosa Therapeutics Co	$948M	1133.5x	-84.0x
Mega Lifesciences	$929M	2.0x	9.7x
Enliven Therapeutics	$903M	108317.7x	-7.9x
Polaris Group	$872M	n/a	n/a
Rapport Therapeutics	$848M	n/a	-7.2x
Inventiva	$842M	90.1x	-7.2x
AprilBio	$840M	608.4x	-152.1x
Basilea Pharmaceutica	$831M	2.9x	12.7x
Relay Therapeutics	$823M	64.5x	-2.6x
Arbutus Biopharma	$802M	58.8x	n/a
Boan Biotech	$729M	n/a	n/a
Alkaloid	$725M	n/a	n/a
Zentiva	$723M	n/a	n/a
Septerna	$702M	18.0x	-11.2x
Dishman Carbogen Amics	$666M	n/a	n/a
Onconic Therapeutics	$654M	17.5x	67.6x
Bicara Therapeutics	$652M	n/a	-4.3x
Annexon	$627M	n/a	-2.8x
Astria Therapeutics	$613M	86.6x	-3.9x
Xencor	$612M	4.7x	-3.7x
Middle East Pharma	$607M	n/a	n/a
Zenas BioPharma	$591M	20.3x	-2.9x
Tempo Scan Pacific	$581M	n/a	n/a
Regenxbio	$574M	2.9x	-5.4x
Pharmicell	$564M	n/a	n/a
PYC Therapeutics	$562M	36.3x	-11.4x
Medy-Tox	$560M	3.2x	20.0x
Luzhu Biotech	$553M	n/a	n/a
TchaikaPharma	$545M	n/a	n/a
ORIC Pharmaceuticals	$539M	n/a	-3.7x
Opthea	$523M	20398.2x	n/a
Formycon	$511M	8.0x	-23.0x
ArriVent BioPharma	$510M	n/a	-3.3x
TaiMed Biologics	$503M	n/a	n/a
Day One Biopharmaceutical	$501M	3.4x	-4.1x
Evommune	$499M	38.4x	-6.4x
Zhejiang Shouxiangu	$487M	n/a	n/a
Elite Pharmaceuticals	$486M	n/a	n/a
Tanvex BioPharma	$459M	33.8x	n/a
NervGen Pharma	$439M	n/a	n/a
Antibiotice	$437M	2.3x	9.6x
Blau Farmacêutica	$436M	1.3x	4.8x
Hansa Biopharma	$428M	18.8x	-8.3x
Knight Therapeutics	$423M	1.3x	9.4x
Senores Pharmaceuticals	$408M	6.3x	24.5x
Armata Pharmaceuticals	$406M	89.3x	-13.1x
Kamada	$403M	2.2x	9.2x
Nika Pharmaceuticals	$395M	n/a	n/a
Binex	$381M	3.0x	33.9x
Julphar	$379M	1.3x	10.8x
Lexicon Pharmaceuticals	$371M	7.8x	-6.1x
CytoDyn	$370M	n/a	n/a
Immutep	$354M	34.8x	-8.1x
Medigen Vaccine Biologics	$337M	n/a	n/a
Procaps Group	$334M	n/a	n/a
Cullinan Therapeutics	$327M	53.4x	-1.5x
SIGA Technologies	$313M	3.2x	10.8x
Laboratorio Reig Jofre	$310M	0.8x	9.1x
LENZ Therapeutics	$309M	16.2x	-3.9x
Adimmune	$309M	n/a	n/a
Celon Pharma	$304M	4.4x	32.8x
Vicore Pharma Holding	$283M	1257.5x	-6.3x
Akebia Therapeutics	$282M	1.2x	n/a
Clinuvel Pharmaceuticals	$276M	4.1x	8.9x
Anavex Life Sciences	$264M	4.7x	n/a
Prestige Biologics	$263M	n/a	n/a
Fennec Pharmaceuticals	$260M	5.7x	45.8x
Santhera Pharma	$256M	2.9x	-12.0x
Mycenax Biotech	$255M	n/a	n/a
Flerie	$253M	n/a	n/a
Camp4 Therapeutics	$253M	69.6x	-4.6x
Laboratorios Richmond	$251M	n/a	n/a
Cereno Scientific	$234M	n/a	-34.4x
OmniAb	$234M	12.1x	-5.5x
Altimmune	$231M	52764.8x	-2.6x
AFT Pharmaceuticals	$230M	1.6x	15.2x
Lavipharm	$227M	n/a	n/a
EQL Pharma	$227M	5.0x	24.7x
Alpha Teknova	$226M	5.6x	-29.2x
Bioage Labs	$220M	31.3x	-2.5x
Autolus Therapeutics	$217M	2.9x	-0.8x
Forte Biosciences	$209M	n/a	n/a
Egetis Therapeutics	$206M	28.8x	-6.4x
Climb Bio	$200M	n/a	-3.2x
Genfit	$196M	2.4x	94.3x
Biomm	$192M	n/a	n/a
Aardvark Therapeutics	$190M	n/a	-3.2x
Aura Biosciences	$184M	n/a	n/a
Panion & Bf Biotech	$182M	2.8x	n/a
Contineum Therapeutics	$172M	34.5x	-2.5x
Orexo	$172M	3.1x	789.8x
Prothena Corp.	$165M	15.3x	n/a
Diamyd Medical	$161M	19.0x	-16.8x
Botanix Pharmaceuticals	$157M	9.4x	-3.8x
Abionyx Pharma	$155M	29.1x	-13.4x
BioInvent International	$151M	5.9x	-4.2x
Adocia	$145M	4.7x	7.0x
Foghorn Therapeutics	$138M	4.4x	-1.9x
Savior Lifetec	$137M	n/a	n/a
4D Molecular Therapeutics	$134M	4.0x	-0.7x
Innate Pharma	$132M	7.8x	-2.3x
Recce Pharmaceuticals	$130M	32.5x	-9.3x
Oncopeptides	$127M	13.9x	-5.6x
Turk İlaç	$126M	n/a	n/a
Protalix	$122M	2.0x	n/a
Maat Pharma	$120M	9.4x	-4.3x
Captor Therapeutics	$119M	22.4x	-12.6x
PureTech Health	$118M	n/a	-0.8x
SynAct Pharma	$117M	n/a	-9.0x
Naturland Holding	$115M	n/a	n/a
Cantargia	$115M	5.4x	53.1x
Bioceltix	$110M	n/a	-29.9x
Synthaverse	$109M	9.1x	163.8x
Valerio Therapeutics	$109M	n/a	n/a
Bioton	$109M	1.5x	9.2x
Hamlet BioPharma	$108M	n/a	n/a
CHO Pharma	$106M	n/a	n/a
Tetratherix	$91.6M	64.0x	-17.1x
Replek	$86.4M	n/a	n/a
Kalaris Therapeutics	$79.0M	n/a	n/a
Labiana Health	$75.9M	0.9x	5.4x
Magle Chemoswed Holding	$74.4M	n/a	n/a
Corestemchemon	$70.9M	n/a	n/a
ImmuCell	$69.2M	n/a	n/a
Vytrus Biotech	$68.9M	6.9x	15.0x
Silence Therapeutics	$68.0M	n/a	n/a
Oncocross	$65.2M	n/a	n/a
Nanexa	$64.4M	n/a	n/a
Wellgistics Health	$63.2M	n/a	n/a
Amarin Corp	$61.1M	0.3x	-1.3x
J. Molner	$57.2M	n/a	n/a
IBT	$56.2M	n/a	n/a
Dicot Pharma	$56.0M	n/a	n/a
Lytix Biopharma	$55.6M	n/a	-9.2x
Marinomed Biotech	$51.5M	5.1x	2.2x
Enzymatica	$50.7M	n/a	n/a
Genoway	$50.2M	n/a	n/a
Pentixapharm Holding	$47.9M	n/a	n/a
Medicenna Therapeutics	$45.9M	n/a	n/a
Corline Biomedical	$44.3M	30.8x	-55.7x
Lir Life Sciences	$44.1M	n/a	n/a
Vivoryon Therapeutics	$43.1M	n/a	-3.4x
Gensight Biologics	$42.9M	10.8x	-1.4x
Evaxion	$39.2M	5.2x	n/a
Cinclus Pharma Holding	$38.9M	4.9x	-1.9x
Arcturus Therapeutics	$38.0M	0.4x	-0.6x
Lipum	$37.9M	n/a	-5.8x
Ascelia Pharma	$37.8M	10.4x	-9.4x
Vitrafy	$36.6M	42.1x	-3.5x
THX Pharma	$36.4M	n/a	n/a
Mendus	$36.0M	55.1x	-3.5x
Mabion	$35.3M	n/a	n/a
Neurogene	$35.2M	n/a	n/a
Biosenic	$33.5M	n/a	n/a
Intervacc	$31.9M	11.7x	-6.0x
Dyadic International	$31.2M	8.1x	n/a
Poltreg	$28.3M	8.0x	-4.7x
Bio-Works Technologies	$28.0M	n/a	n/a
Klaria Pharma Holding	$27.4M	n/a	n/a
Galecto	$26.3M	n/a	n/a
Molecular Partners	$26.1M	11.9x	-0.4x
Moberg Pharma	$25.2M	18.7x	-9.0x
Pharma Equity Group	$23.8M	n/a	n/a
Elicera Therapeutics	$23.4M	n/a	-13.1x
Xintela	$22.5M	110.5x	-4.9x
Nanogroup	$21.3M	n/a	n/a
Genenta Science	$21.2M	n/a	n/a
Biotechnology Assets	$20.6M	n/a	n/a
Read-Gene	$20.1M	n/a	n/a
Arterra Bioscience	$19.9M	2.8x	8.0x
Biogened	$19.9M	n/a	n/a
AlzeCure Pharma	$18.8M	n/a	-4.2x
Circio Holding	$18.6M	n/a	-4.5x
Alligator Bioscience	$18.3M	13.1x	-1.1x
Aqua Bio Technology	$17.9M	n/a	n/a
Pure Biologics	$17.6M	n/a	n/a
Urteste	$17.5M	n/a	n/a
DexTech Medical	$16.5M	n/a	n/a
Sprint Bioscience	$16.2M	7.3x	1.6x
Medivir	$15.9M	36.5x	-2.5x
SoftOx Solutions	$15.9M	n/a	n/a
Enorama Pharma	$15.6M	n/a	n/a
Arctic Bioscience	$14.8M	2.7x	-5.7x
Xbrane Biopharma	$14.6M	1.0x	-8.7x
GeNeuro	$14.5M	n/a	n/a
Oncoinvent	$14.3M	n/a	n/a
Plant Advanced	$14.2M	n/a	n/a
Glycorex Transplantation	$14.0M	n/a	n/a
Nykode Therapeutics	$13.3M	13.3x	-0.5x
Oxurion	$13.2M	n/a	n/a
Mereo BioPharma Group	$12.9M	2.1x	-0.2x
AcuCort	$12.1M	159.0x	-5.3x
Q32 Bio	$12.0M	n/a	n/a
Abera Bioscience	$12.0M	n/a	n/a
Scandinavian ChemoTech	$12.0M	8.0x	-35.6x
Aton	$11.1M	n/a	n/a
Active Biotech	$10.4M	n/a	-2.7x
Annexin Pharmaceuticals	$10.2M	n/a	-2.1x
Medicofarma Biotech	$10.0M	n/a	n/a
Coegin Pharm	$9.7M	n/a	n/a
IRLAB Therapeutics	$9.7M	1.6x	-1.0x
Biophytis	$9.7M	5.6x	-0.7x
Stenocare	$9.7M	9.5x	-38.6x
Celyad Oncology	$9.4M	n/a	n/a
OncoZenge	$9.0M	n/a	n/a
Opsy Holding	$8.4M	n/a	n/a
Vivesto	$8.1M	n/a	-2.3x
Exact Therapeutics	$8.0M	n/a	n/a
Alzinova	$7.8M	n/a	-2.5x
Biosergen	$7.8M	n/a	n/a
Nanologica	$7.7M	2.2x	-3.0x
Addex Therapeutics	$7.6M	n/a	n/a
Instituto Rosenbusch	$7.4M	n/a	n/a
Chosa Oncology	$7.4M	n/a	n/a
Spago Nanomedical	$6.9M	63.5x	-2.3x
TME Pharma	$6.8M	n/a	n/a
Isofol Medical	$6.8M	n/a	n/a
Pila Pharma	$6.3M	n/a	n/a
AcouSort	$5.3M	8.2x	-4.5x
Applied Therapeutics	$5.0M	5.0x	n/a
NextCell Pharma	$4.3M	3.2x	-1.1x
Karolinska Development	$4.0M	n/a	n/a
PEPTONIC medical	$3.6M	n/a	n/a
Cannabis Poland	$3.2M	n/a	n/a
Simris Alg	$3.1M	n/a	n/a
Biovica International	$3.0M	2.4x	-0.4x
Hemp & Health	$3.0M	n/a	n/a
Genxone	$2.9M	n/a	n/a
Double Bond	$2.7M	n/a	n/a
ExpreS2ion Biotech Hldg	$2.5M	n/a	n/a
Nextgen Biomed	$2.4M	n/a	n/a
Strategic Partners	$2.4M	n/a	n/a
Aptahem	$2.3M	n/a	n/a
Newbury Pharmaceuticals	$2.2M	n/a	n/a
Modus Therapeutics	$2.2M	n/a	n/a
PharmaLundensis	$2.1M	n/a	n/a
NanoEcho	$1.8M	n/a	n/a
Stayble Therapeutics	$1.6M	n/a	-2.1x
Respiratorius	$1.4M	n/a	n/a
2cureX	$1.0M	n/a	n/a
Nidhogg Resources Holding	$0.8M	n/a	n/a
Gabather	$0.6M	n/a	-1.2x
bioXXmed	$0.1M	n/a	n/a
DanCann Pharma	$0.1M	n/a	n/a
Neovacs	-$0.2M	n/a	n/a
PCI Biotech Holding	-$0.5M	n/a	n/a
Lidds	-$0.6M	n/a	n/a
Fluicell	-$0.9M	n/a	n/a
Lipigon Pharmaceuticals	-$1.3M	n/a	0.4x
BioLineRx	-$1.5M	-1.0x	n/a
Guard Therapeutics Intl	-$4.4M	n/a	n/a
NUTEX	-$6.5M	n/a	n/a
Cassava Sciences	-$17.8M	n/a	n/a
Barinthus Biotherapeutics	-$31.8M	n/a	n/a
Alector	-$60.0M	-3.5x	0.4x
Pliant Therapeutics	-$101M	n/a	0.6x
Galapagos	-$1.4B	-4.5x	4.5x