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	$722B	12.7x	29.8x
Johnson & Johnson	$457B	5.0x	13.5x
AbbVie	$446B	7.5x	16.3x
Roche	$288B	3.7x	9.4x
AstraZeneca	$263B	4.6x	13.2x
Novo Nordisk	$262B	5.4x	11.1x
Novartis	$260B	4.7x	11.5x
Merck & Co	$229B	3.6x	7.9x
Amgen	$195B	5.6x	10.6x
Pfizer	$184B	2.9x	7.4x
Gilead Sciences	$157B	5.5x	10.8x
Bristol-Myers Squibb	$132B	2.8x	8.7x
Sanofi	$121B	2.3x	7.7x
GSK	$98.1B	2.3x	6.8x
Vertex Pharmaceuticals	$95.5B	8.1x	23.1x
Takeda Pharmaceuticals	$75.2B	2.4x	9.2x
CSL	$73.1B	4.6x	13.8x
Zoetis	$70.7B	7.5x	17.2x
Bayer	$69.2B	1.3x	6.1x
Chugai Pharmaceutical	$68.1B	8.3x	16.3x
Merck KGaA	$63.4B	2.6x	9.0x
Jiangsu Hengrui Pharma	$60.5B	13.5x	45.9x
Jiangsu Hengrui Pharma	$60.5B	13.5x	46.1x
Lonza Group	$52.6B	5.8x	19.7x
Daiichi Sankyo	$41.7B	3.1x	14.8x
Sun Pharma	$41.4B	6.7x	23.5x
Teva Pharmaceuticals	$36.9B	2.1x	7.5x
Sandoz	$30.1B	2.7x	13.0x
Celltrion	$28.5B	9.8x	29.3x
Otsuka Holdings	$27.6B	1.7x	7.2x
Viatris	$25.1B	1.8x	5.9x
Biogen	$24.9B	2.6x	7.7x
Astellas Pharma	$24.4B	1.8x	8.9x
Hansoh Pharma	$23.8B	12.2x	32.7x
Bausch Health	$22.4B	2.2x	6.5x
Royalty Pharma	$21.8B	7.4x	7.9x
Sichuan Biokin	$20.9B	46.9x	196.0x
Innovent Biologics	$20.3B	12.7x	148.5x
Grifols	$18.2B	2.1x	8.5x
Alteogen	$17.9B	114.4x	198.3x
Sino Biopharmaceutical	$17.9B	4.0x	15.5x
Recordati	$15.2B	5.1x	13.5x
Akeso	$14.9B	34.8x	-2026.9x
Kelun-Biotech	$14.7B	54.0x	-374.6x
Fosun Pharma	$14.4B	2.5x	13.8x
Genmab	$14.3B	4.1x	10.9x
Torrent Pharma	$13.9B	10.0x	30.7x
Neurocrine Biosciences	$13.4B	5.0x	21.3x
CSPC Pharma Group	$13.4B	3.3x	12.2x
Cipla	$13.1B	4.1x	16.3x
Yunnan Baiyao Group	$12.8B	2.2x	15.5x
Mankind Pharma	$12.7B	8.4x	32.9x
Dr. Reddy's Laboratories	$12.2B	3.2x	12.5x
CR Pharmaceutical	$11.8B	0.3x	5.4x
Sobi	$11.5B	3.9x	10.6x
Shionogi	$11.4B	3.6x	9.1x
Zydus Lifesciences	$11.3B	4.1x	14.4x
Orion	$11.0B	5.6x	17.7x
Organon	$11.0B	1.7x	5.6x
Lupin	$10.8B	4.0x	16.4x
Ipsen	$10.6B	2.5x	6.9x
Wuxi XDC	$10.6B	14.0x	45.1x
Zhejiang NHU	$10.5B	3.2x	8.0x
Huadong Medicine	$10.0B	1.6x	12.7x
Halozyme Therapeutics	$9.8B	8.0x	12.2x
Eisai Co.	$9.5B	1.8x	14.0x
Verona Pharma	$9.0B	28.3x	-631.4x
3SBio	$8.8B	4.0x	7.1x
Financiere de Tubize	$8.7B	n/a	n/a
RemeGen	$8.2B	23.3x	-180.1x
Lundbeck	$8.2B	n/a	n/a
Imeik Technology Development	$7.6B	19.1x	26.6x
Aurobindo Pharma	$7.2B	2.0x	9.5x
Alkem Laboratories	$7.1B	4.6x	23.5x
Abbott India	$7.1B	9.4x	34.7x
Krka	$7.0B	3.0x	9.2x
Biocon	$6.9B	3.7x	17.9x
Kyowa Kirin	$6.9B	2.1x	9.2x
Glenmark Pharma	$6.6B	4.2x	22.0x
Changchun High-Tech	$6.5B	3.4x	14.3x
Shanghai RAAS	$6.5B	5.6x	19.5x
Hebei Changshan	$6.3B	n/a	n/a
Yuhan	$6.3B	4.0x	53.5x
China Resources Sanjiu	$6.3B	1.5x	7.9x
Henlius Biotech	$6.2B	7.5x	33.8x
Hikma Pharmaceuticals	$6.1B	1.9x	7.1x
Abivax	$6.1B	601.8x	-30.2x
Shanghai Junshi	$6.0B	18.0x	-61.9x
Bachem	$5.9B	7.1x	24.9x
Gan & Lee Pharmaceuticals	$5.8B	10.5x	33.7x
Amneal Pharmaceuticals	$5.6B	1.9x	8.4x
Ono Pharmaceutical	$5.4B	1.6x	7.2x
Beijing Tiantan	$5.2B	5.6x	14.3x
PharmaEssentia	$5.2B	11.6x	39.0x
Dottikon ES Holding	$5.0B	n/a	n/a
Gedeon Richter	$5.0B	1.8x	4.9x
GSK India	$5.0B	11.3x	35.6x
Peptron	$4.8B	n/a	n/a
Amoytop Biotech	$4.5B	9.3x	30.5x
Kanghong Pharmaceutical	$4.3B	6.4x	n/a
Aspen Pharmacare	$4.2B	1.7x	10.0x
Sinocelltech Group	$4.1B	12.8x	82.0x
Hypera	$4.1B	2.9x	10.6x
Hualan Biological Engineering	$3.9B	5.8x	15.0x
Zelgen Biopharmaceuticals	$3.8B	35.5x	-1077.0x
ADMA Biologics	$3.7B	7.7x	17.6x
Yili Chuannig Biotech	$3.7B	4.5x	n/a
Laboratorios Rovi	$3.7B	4.2x	15.9x
Ascentage Pharma	$3.6B	37.6x	-39.0x
Alvotech	$3.6B	5.8x	16.9x
Alkermes	$3.6B	2.5x	9.5x
ABL Bio	$3.4B	45.8x	-935.2x
InnoCare Pharma	$3.3B	17.4x	-73.7x
Bora Pharmaceuticals	$3.2B	4.7x	15.5x
Kalbe Farma	$3.1B	1.5x	9.9x
Dermapharm	$3.1B	2.2x	8.1x
Hanmi Pharm	$3.0B	2.7x	12.8x
Wockhardt	$3.0B	n/a	n/a
Virbac	$3.0B	1.7x	8.7x
Almirall	$2.9B	2.3x	11.4x
Metsera	$2.9B	n/a	n/a
Scholar Rock	$2.9B	724.4x	-8.5x
Procaps Group	$2.8B	n/a	n/a
Mabwell	$2.8B	28.4x	-51.5x
Jamjoom Pharma	$2.8B	7.1x	21.3x
Yifan Pharmaceutical	$2.7B	3.3x	16.4x
Mineralys Therapeutics	$2.6B	n/a	-13.2x
Guangzhou Innogen Pharma	$2.5B	n/a	n/a
Everest Medicines	$2.5B	13.0x	-52.1x
ANI Pharmaceuticals	$2.5B	3.3x	12.6x
Jafron Biomedical	$2.5B	6.7x	15.5x
Nanjing King-Friend	$2.5B	4.1x	13.6x
OneSource Specialty	$2.5B	13.3x	39.3x
Hepalink	$2.4B	3.1x	17.7x
BioArctic	$2.3B	16.5x	28.5x
Kiniksa Pharmaceuticals	$2.3B	4.0x	40.1x
Anhui Anke Biotechnology	$2.3B	6.3x	17.6x
Pacific Shuanglin	$2.3B	5.9x	16.4x
Celcuity	$2.2B	n/a	-14.7x
Travere Therapeutics	$2.1B	5.8x	-19.6x
Hugel	$2.1B	6.7x	12.9x
Belite Bio	$2.1B	n/a	n/a
NewAmsterdam Pharma Co	$2.0B	56.8x	n/a
Zhejiang Wolwo Bio-Pharma	$2.0B	14.0x	n/a
Supernus Pharmaceuticals	$2.0B	2.9x	11.5x
Arcutis Biotherapeutics	$2.0B	6.7x	-32.2x
Concord Biotech	$1.9B	13.0x	31.5x
Joincare Pharmaceutical	$1.9B	0.8x	5.0x
Tarsus Pharmaceuticals	$1.9B	5.3x	-28.8x
Lepu Biopharma	$1.9B	31.2x	n/a
Lotus Pharmaceutical	$1.8B	2.9x	7.1x
Bio-Thera Solutions	$1.8B	n/a	n/a
Yantai Dongcheng	$1.8B	4.3x	n/a
Pharma Mar	$1.8B	7.9x	29.6x
Harrow	$1.8B	6.9x	27.3x
Zhejiang Jolly	$1.8B	4.1x	15.8x
Collegium Pharmaceutical	$1.7B	2.4x	4.0x
Lumosa Therapeutics Co	$1.7B	n/a	n/a
Amphastar Pharma	$1.7B	2.3x	6.2x
Cogent Biosciences	$1.7B	n/a	-8.0x
HUTCHMED	$1.6B	2.6x	-91.8x
GC Biopharma	$1.6B	n/a	n/a
Ardelyx	$1.5B	4.1x	-103.5x
Disc Medicine	$1.5B	n/a	-7.9x
Chongqing Genrix	$1.5B	68.8x	-17.5x
Faes Farma	$1.5B	2.4x	10.2x
Neuren Pharma	$1.4B	19.2x	33.5x
Avadel Pharmaceuticals	$1.4B	5.8x	63.3x
Aurinia Pharmaceuticals	$1.4B	5.4x	n/a
Xeris Biopharma	$1.4B	5.4x	40.9x
Pharvaris	$1.3B	n/a	-7.1x
Genomma Lab	$1.3B	1.3x	5.4x
Haohai Biological	$1.3B	3.0x	15.1x
Dianthus Therapeutics	$1.2B	352.2x	n/a
OPKO Health	$1.2B	1.9x	-9.1x
Gen Ilac	$1.2B	n/a	n/a
Jinyu Bio-Technology Co.	$1.2B	6.5x	21.9x
China TCM	$1.2B	0.5x	4.6x
Cosmo Pharmaceuticals	$1.2B	6.8x	16.6x
SPIMACO - ADDWAEIH	$1.2B	2.5x	14.8x
Hanall Biopharma	$1.2B	10.7x	305.2x
Innoviva	$1.2B	3.1x	n/a
Boan Biotech	$1.2B	10.1x	39.5x
ACROBiosystems	$1.2B	10.8x	39.5x
Eczacıbaşı	$1.1B	n/a	n/a
Stoke Therapeutics	$1.0B	7.2x	-48.2x
LENZ Therapeutics	$996M	108.0x	-13.8x
Tourmaline Bio	$986M	183.9x	n/a
Nika Pharmaceuticals	$983M	n/a	n/a
Pharming	$976M	2.9x	59.2x
Rapport Therapeutics	$965M	n/a	-8.3x
Polaris Group	$960M	n/a	n/a
TchaikaPharma	$942M	n/a	n/a
Zymeworks	$937M	8.0x	-14.8x
Philogen	$937M	3.1x	3.8x
Chabiotech	$934M	n/a	n/a
Vetoquinol	$912M	1.4x	7.3x
WAVE Life Sciences	$899M	13.6x	-5.4x
Phathom Pharmaceuticals	$837M	6.1x	-4.7x
Syndax	$829M	6.4x	-2.8x
Emergent BioSolutions	$818M	0.9x	4.6x
Dynavax	$809M	2.5x	42.7x
Sana Biotechnology	$797M	n/a	-3.7x
Maze Therapeutics	$790M	16.6x	-8.8x
ORIC Pharmaceuticals	$779M	n/a	-5.3x
Esperion Therapeutics	$775M	2.2x	29.2x
UroGen Pharma	$765M	6.7x	-6.9x
Alkaloid	$762M	n/a	n/a
Mega Lifesciences	$760M	1.7x	8.2x
Arbutus Biopharma	$746M	61.9x	n/a
Spyre Therapeutics	$741M	10523.4x	-3.5x
Sionna Therapeutics	$727M	n/a	-8.8x
Oculis Holding	$724M	739.8x	-7.8x
Zentiva	$724M	n/a	n/a
Ironwood Pharmaceuticals	$717M	2.4x	6.3x
Dishman Carbogen Amics	$710M	n/a	n/a
Tango Therapeutics	$702M	12.9x	n/a
Elite Pharmaceuticals	$678M	n/a	n/a
89bio	$675M	n/a	-1.9x
Inventiva	$669M	63.5x	-5.1x
Anavex Life Sciences	$668M	n/a	n/a
Basilea Pharmaceutica	$668M	2.5x	11.2x
Middle East Pharma	$661M	6.3x	23.2x
Akebia Therapeutics	$660M	3.2x	n/a
TaiMed Biologics	$641M	29.9x	-201.1x
Enliven Therapeutics	$636M	124605.9x	-5.4x
Praxis Precision Medicines	$626M	229.4x	-2.3x
Medy-Tox	$607M	3.4x	16.9x
Mind Medicine	$597M	n/a	-4.3x
Luzhu Biotech	$594M	236.9x	-30.4x
Nuvation Bio	$566M	22.8x	n/a
Zenas BioPharma	$531M	20.1x	-2.8x
Pharmicell	$528M	11.3x	91.6x
Zhejiang Shouxiangu	$520M	5.0x	15.0x
Savara	$511M	n/a	n/a
Opthea	$510M	20398.2x	n/a
Blau Farmacêutica	$504M	1.5x	5.9x
Arcus Biosciences	$478M	1.9x	-1.4x
ArriVent BioPharma	$475M	n/a	-3.7x
Upstream Bio	$472M	182.0x	-3.5x
Tanvex BioPharma	$456M	n/a	n/a
Knight Therapeutics	$445M	1.5x	11.0x
Tempo Scan Pacific	$443M	n/a	n/a
SIGA Technologies	$438M	3.8x	8.6x
Julphar	$438M	1.2x	8.8x
Binex	$430M	3.5x	155.4x
Formycon	$429M	6.3x	-19.5x
Antibiotice	$428M	2.8x	12.2x
CytoDyn	$391M	n/a	n/a
AprilBio	$373M	19.5x	31.9x
Medigen Vaccine Biologics	$368M	18.7x	-1257.5x
Tyra Biosciences	$358M	n/a	-2.9x
Senores Pharmaceuticals	$352M	6.1x	23.8x
Kamada	$342M	1.9x	8.2x
Septerna	$340M	5.5x	-4.9x
Terns Pharma	$333M	n/a	-3.0x
Hansa Biopharma	$330M	12.8x	-6.1x
Onconic Therapeutics	$322M	n/a	n/a
Laboratorio Reig Jofre	$321M	0.8x	6.9x
Celon Pharma	$321M	4.7x	31.5x
Arcturus Therapeutics	$321M	3.0x	-4.4x
Lexicon Pharmaceuticals	$318M	8.6x	-2.8x
EQL Pharma	$312M	6.9x	29.7x
Cereno Scientific	$288M	n/a	-37.5x
Adimmune	$285M	n/a	n/a
Xencor	$284M	2.2x	-1.6x
Mycenax Biotech	$278M	n/a	n/a
Flerie	$266M	n/a	n/a
Day One Biopharmaceutical	$266M	1.9x	-1.6x
Prestige Biologics	$262M	n/a	n/a
Astria Therapeutics	$259M	26.5x	-1.8x
Fennec Pharmaceuticals	$249M	5.3x	18.6x
Armata Pharmaceuticals	$244M	45.1x	-6.5x
Clinuvel Pharmaceuticals	$242M	3.8x	8.4x
Alpha Teknova	$241M	6.1x	-23.3x
Santhera Pharma	$233M	3.1x	-6.8x
PYC Therapeutics	$225M	14.7x	-5.5x
Mereo BioPharma Group	$224M	11.7x	-10.4x
Regenxbio	$222M	1.2x	-2.2x
Erasca	$220M	n/a	-1.4x
Aura Biosciences	$220M	n/a	n/a
OmniAb	$212M	9.2x	-5.2x
Biomm	$211M	n/a	n/a
Lavipharm	$207M	n/a	n/a
Panion & Bf Biotech	$201M	3.1x	n/a
Laboratorios Richmond	$200M	n/a	n/a
CHO Pharma	$196M	n/a	n/a
Genfit	$189M	2.1x	-7.0x
NervGen Pharma	$186M	n/a	-13.1x
Egetis Therapeutics	$186M	24.4x	-5.9x
Theratechnologies	$185M	2.3x	13.6x
Contineum Therapeutics	$179M	50.1x	-2.6x
Olema Pharmaceuticals	$175M	n/a	-1.2x
Adocia	$174M	4.9x	n/a
AFT Pharmaceuticals	$172M	1.3x	14.4x
Dicot Pharma	$164M	n/a	n/a
Bicara Therapeutics	$164M	n/a	-1.3x
Abionyx Pharma	$161M	29.0x	-13.1x
Altimmune	$153M	13502.8x	-1.6x
Immutep	$152M	43.1x	-3.5x
Vicore Pharma Holding	$152M	44.7x	-4.8x
Diamyd Medical	$148M	121.3x	-10.4x
Turk İlaç	$147M	n/a	n/a
Botanix Pharmaceuticals	$146M	15.0x	-3.3x
Wellgistics Health	$144M	n/a	n/a
Orexo	$142M	2.4x	76.0x
Innate Pharma	$135M	7.2x	-10.9x
Savior Lifetec	$131M	n/a	n/a
Protalix	$127M	2.2x	n/a
Oncopeptides	$126M	11.4x	-5.5x
BioInvent International	$124M	9.7x	-2.6x
Bioceltix	$122M	n/a	n/a
Bioton	$119M	1.9x	11.2x
Hamlet BioPharma	$111M	n/a	n/a
MBX Biosciences	$110M	n/a	-1.1x
Synthaverse	$107M	5.4x	20.2x
SynAct Pharma	$104M	n/a	-7.5x
Naturland Holding	$103M	n/a	n/a
Aardvark Therapeutics	$97.2M	n/a	-2.1x
Foghorn Therapeutics	$96.4M	3.3x	-1.2x
Kalaris Therapeutics	$90.4M	n/a	n/a
Silence Therapeutics	$90.2M	n/a	n/a
Cybin	$88.3M	n/a	-0.9x
Replek	$86.1M	n/a	n/a
Cullinan Therapeutics	$86.1M	20.4x	-0.4x
IBT	$83.1M	n/a	n/a
Relay Therapeutics	$82.6M	6.8x	-0.3x
Magle Chemoswed Holding	$82.0M	3.3x	13.1x
Corestemchemon	$81.7M	n/a	n/a
Annexon	$78.1M	n/a	-0.4x
Prothena Corp.	$77.6M	1.5x	n/a
Maat Pharma	$76.3M	11.0x	-2.5x
Oncocross	$76.2M	n/a	n/a
Recce Pharmaceuticals	$74.1M	18.8x	-11.6x
Marinomed Biotech	$71.9M	10.9x	8.2x
Labiana Health	$67.4M	n/a	n/a
Cantargia	$66.7M	5.1x	13.0x
Xbrane Biopharma	$65.9M	1.8x	5.5x
ImmuCell	$61.6M	n/a	n/a
Climb Bio	$59.6M	n/a	n/a
Enzymatica	$56.1M	11.6x	n/a
PureTech Health	$55.3M	13.8x	-0.4x
J. Molner	$50.8M	n/a	n/a
Vytrus Biotech	$49.3M	n/a	n/a
Forte Biosciences	$47.2M	n/a	n/a
Medicenna Therapeutics	$46.2M	624.0x	n/a
Vivoryon Therapeutics	$44.6M	n/a	-2.3x
Ascelia Pharma	$42.7M	6.5x	-46.3x
Lytix Biopharma	$42.4M	38.4x	-4.5x
Genenta Science	$41.5M	n/a	n/a
Gensight Biologics	$41.1M	6.1x	n/a
4D Molecular Therapeutics	$40.9M	20.1x	-0.2x
Captor Therapeutics	$38.5M	6.4x	-4.4x
Corline Biomedical	$37.3M	20.8x	-74.0x
Dyadic International	$36.6M	9.4x	n/a
Biotechnology Assets	$36.6M	n/a	n/a
Guard Therapeutics Intl	$35.9M	n/a	-2.8x
Intervacc	$35.4M	n/a	n/a
Mabion	$35.2M	1.9x	43.5x
Nanexa	$35.1M	n/a	n/a
Mendus	$34.7M	65.1x	-2.8x
Lipum	$34.3M	n/a	-7.0x
Applied Therapeutics	$34.1M	92.7x	n/a
Pentixapharm Holding	$33.7M	n/a	n/a
Relief Therapeutics	$33.5M	n/a	n/a
Biosenic	$32.4M	n/a	n/a
AlzeCure Pharma	$31.6M	n/a	-8.1x
Genoway	$30.4M	1.2x	8.0x
Vitrafy	$30.2M	48.6x	-3.2x
IRLAB Therapeutics	$29.4M	8.3x	-6.3x
Pharma Equity Group	$28.8M	17.3x	-58.6x
Xintela	$28.3M	30.5x	-7.3x
Valerio Therapeutics	$27.1M	n/a	n/a
Theranexus	$26.9M	n/a	n/a
Poltreg	$24.9M	n/a	n/a
Elicera Therapeutics	$23.7M	n/a	-13.2x
Biogened	$22.2M	n/a	n/a
Cinclus Pharma Holding	$21.6M	2.3x	-1.5x
Nanogroup	$21.4M	n/a	n/a
Bio-Works Technologies	$20.9M	n/a	n/a
Camp4 Therapeutics	$20.4M	9.3x	-0.4x
Coegin Pharm	$19.8M	n/a	n/a
Read-Gene	$19.5M	n/a	n/a
Active Biotech	$19.0M	n/a	-16.2x
Enorama Pharma	$19.0M	n/a	n/a
Aqua Bio Technology	$18.9M	n/a	n/a
Medicofarma Biotech	$18.8M	n/a	n/a
Karolinska Development	$17.8M	n/a	n/a
Medivir	$17.5M	39.1x	-1.8x
Amarin Corp	$17.4M	0.1x	-0.3x
Moberg Pharma	$17.1M	16.1x	-7.0x
Biovica International	$17.1M	9.2x	-2.2x
Urteste	$17.1M	n/a	n/a
SoftOx Solutions	$16.5M	n/a	n/a
Glycorex Transplantation	$16.4M	n/a	n/a
Arterra Bioscience	$16.3M	2.6x	8.1x
Scandinavian ChemoTech	$16.3M	12.6x	-31.5x
Pure Biologics	$16.2M	n/a	n/a
Annexin Pharmaceuticals	$16.0M	n/a	n/a
Alligator Bioscience	$15.9M	8.8x	-1.1x
DexTech Medical	$15.9M	n/a	n/a
Arctic Bioscience	$15.8M	2.3x	-15.6x
Celyad Oncology	$15.7M	n/a	n/a
Plant Advanced	$15.5M	n/a	n/a
Evaxion	$15.0M	9.6x	n/a
Abera Bioscience	$14.7M	n/a	n/a
GeNeuro	$14.5M	n/a	n/a
Oxurion	$14.1M	n/a	n/a
Aton	$12.6M	n/a	n/a
Opsy Holding	$11.7M	n/a	n/a
Alector	$11.5M	0.3x	-0.1x
Alzinova	$11.2M	n/a	-3.0x
Klaria Pharma Holding	$11.0M	n/a	-5.4x
Biophytis	$10.9M	5.7x	-0.7x
Chosa Oncology	$10.3M	n/a	n/a
AcuCort	$10.3M	68.2x	-4.9x
NextCell Pharma	$10.3M	7.6x	-2.4x
NLS Pharmaceutics	$9.8M	n/a	n/a
Nanologica	$9.4M	2.5x	-3.0x
Simris Alg	$9.3M	n/a	n/a
Isofol Medical	$9.1M	n/a	n/a
Biosergen	$8.4M	n/a	n/a
OncoZenge	$7.7M	n/a	-8.3x
Addex Therapeutics	$7.4M	14.8x	n/a
Pila Pharma	$7.4M	n/a	n/a
TME Pharma	$7.3M	n/a	-3.1x
Circio Holding	$7.3M	n/a	-1.6x
Oncoinvent	$7.1M	8.9x	-0.6x
Spago Nanomedical	$6.7M	31.7x	-2.1x
Kancera	$6.5M	n/a	-1.3x
Stenocare	$6.3M	8.0x	-5.0x
Newbury Pharmaceuticals	$6.1M	n/a	n/a
AcouSort	$5.8M	n/a	n/a
2cureX	$5.3M	n/a	n/a
Modus Therapeutics	$5.1M	n/a	-3.0x
Vivesto	$4.4M	n/a	-1.2x
Exact Therapeutics	$4.4M	n/a	n/a
Sprint Bioscience	$3.7M	0.5x	-2.3x
Genxone	$3.6M	n/a	n/a
Hemp & Health	$3.3M	n/a	n/a
Strategic Partners	$3.2M	n/a	n/a
Respiratorius	$2.6M	n/a	n/a
Cannabis Poland	$2.5M	n/a	n/a
Double Bond	$2.5M	n/a	n/a
PEPTONIC medical	$2.1M	n/a	n/a
Aptahem	$2.1M	n/a	n/a
NanoEcho	$2.0M	n/a	n/a
Lipigon Pharmaceuticals	$1.9M	5.8x	-0.6x
Stayble Therapeutics	$1.9M	n/a	0.5x
Nextgen Biomed	$1.7M	n/a	n/a
PharmaLundensis	$1.5M	n/a	n/a
Nidhogg Resources Holding	$1.3M	n/a	n/a
QUIA PHARMA	$1.1M	n/a	n/a
Diagonal Bio	$0.9M	n/a	n/a
Gabather	$0.6M	n/a	n/a
BioLineRx	$0.5M	0.0x	-0.0x
DanCann Pharma	$0.4M	n/a	n/a
bioXXmed	$0.4M	n/a	n/a
PCI Biotech Holding	$0.2M	n/a	n/a
Neovacs	-$0.1M	n/a	n/a
Lidds	-$0.1M	n/a	n/a
ExpreS2ion Biotech Hldg	-$0.1M	-0.2x	n/a
Fluicell	-$0.3M	n/a	n/a
BerGenBio	-$1.9M	-130.2x	0.2x
Galecto	-$5.0M	n/a	n/a
NUTEX	-$6.5M	n/a	n/a
Neurogene	-$8.5M	-32.2x	n/a
Molecular Partners	-$8.8M	-3.9x	0.1x
Q32 Bio	-$13.2M	n/a	n/a
Nykode Therapeutics	-$16.6M	-5.9x	0.5x
Alumis	-$17.8M	-1.0x	0.1x
Cassava Sciences	-$20.2M	n/a	n/a
Barinthus Biotherapeutics	-$30.7M	-7.2x	n/a
Autolus Therapeutics	-$38.4M	-0.7x	0.2x
Pliant Therapeutics	-$109M	-60.7x	0.6x
Bioage Labs	-$113M	-30.9x	1.3x
Galapagos	-$1.5B	-4.4x	8.2x