Biopharmaceuticals Valuation Multiples and Public Comps

Biopharmaceuticals

See analyst estimates and all valuation multiples for Biopharmaceuticals

Company	EV	EV/Revenue	EV/EBITDA
Eli Lilly	$688B	14.0x	35.8x
Johnson & Johnson	$378B	4.2x	11.9x
AbbVie	$371B	6.5x	14.4x
Novo Nordisk	$280B	6.3x	12.9x
Roche	$242B	3.5x	8.8x
AstraZeneca	$224B	4.0x	11.9x
Merck & Co	$223B	3.5x	8.2x
Novartis	$210B	4.1x	10.1x
Amgen	$202B	5.9x	10.3x
Pfizer	$167B	2.6x	6.9x
Gilead Sciences	$144B	5.0x	12.1x
Bristol-Myers Squibb	$144B	3.0x	14.8x
Sanofi	$128B	2.7x	9.1x
Vertex Pharmaceuticals	$120B	10.6x	53.8x
GSK	$84.7B	2.1x	6.0x
CSL	$81.6B	5.3x	15.9x
Zoetis	$71.4B	7.7x	18.0x
Takeda Pharmaceuticals	$69.9B	2.3x	9.0x
Chugai Pharmaceutical	$62.1B	7.9x	16.1x
Merck KGaA	$62.0B	2.7x	9.4x
Bayer	$56.3B	1.1x	5.3x
Lonza Group	$46.6B	6.0x	20.6x
Sun Pharma	$44.9B	7.3x	25.4x
Jiangsu Hengrui	$39.1B	9.9x	39.2x
Daiichi Sankyo	$34.0B	2.7x	14.9x
Teva Pharmaceuticals	$30.7B	1.9x	6.5x
Celltrion	$24.6B	9.4x	30.3x
Viatris	$22.2B	1.5x	5.0x
Otsuka Holdings	$22.2B	1.4x	6.2x
Bausch Health	$21.7B	2.2x	6.5x
Biogen	$21.1B	2.2x	6.3x
Astellas Pharma	$19.8B	1.6x	7.5x
Royalty Pharma	$19.7B	6.9x	7.4x
Sandoz	$19.0B	1.8x	9.2x
Grifols	$15.0B	1.9x	7.7x
Hansoh Pharma	$14.1B	8.1x	21.7x
Alteogen	$13.5B	158.1x	334.1x
Sichuan Biokin	$13.3B	20.1x	35.8x
Cipla	$12.8B	4.0x	15.4x
Recordati	$12.6B	4.9x	13.1x
Torrent Pharma	$12.5B	9.3x	28.5x
Yunnan Baiyao Group	$12.2B	2.2x	16.0x
Organon	$11.1B	1.7x	5.7x
Mankind Pharma	$10.8B	7.5x	28.6x
Fosun Pharma	$10.7B	1.9x	10.5x
Dr. Reddy's Laboratories	$10.6B	2.8x	10.3x
Lupin	$10.4B	4.0x	17.0x
Sobi	$10.2B	3.9x	10.6x
Zydus Lifesciences	$9.8B	3.7x	12.5x
Innovent Biologics	$9.3B	6.8x	435.2x
Zhejiang NHU	$9.2B	2.9x	7.5x
Akeso	$9.0B	25.7x	-383.3x
Huadong Medicine	$8.6B	1.4x	12.9x
Kelun-Biotech	$8.4B	31.7x	-318.6x
Shionogi	$8.4B	2.8x	6.8x
Neurocrine Biosciences	$8.4B	3.4x	12.2x
Halozyme Therapeutics	$8.3B	7.8x	12.4x
Ipsen	$8.1B	2.2x	6.0x
Genmab	$7.9B	2.4x	7.1x
Sino Biopharmaceutical	$7.6B	1.9x	8.0x
Aurobindo Pharma	$7.4B	2.0x	9.5x
Orion	$7.4B	4.4x	12.9x
CR Pharmaceutical	$7.3B	0.2x	3.4x
Abbott India	$7.1B	9.4x	36.3x
China Resources Sanjiu	$7.1B	1.8x	9.7x
Imeik Technology Development	$7.0B	16.2x	21.7x
CSPC Pharma Group	$6.7B	1.7x	6.9x
Alkem Laboratories	$6.4B	4.2x	21.3x
Hikma Pharmaceuticals	$6.3B	2.0x	7.5x
Eisai Co.	$6.2B	1.2x	9.8x
Biocon	$6.0B	3.4x	17.1x
Shanghai RAAS	$5.8B	4.6x	13.7x
Beijing Tiantan	$5.8B	6.7x	13.5x
Kyowa Kirin	$5.6B	1.7x	7.3x
Lundbeck	$5.6B	n/a	n/a
Yuhan	$5.6B	3.9x	59.9x
Financiere de Tubize	$5.2B	n/a	n/a
Aspen Pharmacare	$5.2B	2.1x	7.8x
GSK India	$5.2B	11.8x	38.8x
Gedeon Richter	$5.0B	2.1x	5.7x
Krka	$5.0B	2.4x	8.8x
Ono Pharmaceutical	$5.0B	1.5x	6.5x
Changchun High-Tech	$4.8B	n/a	n/a
Wuxi XDC	$4.7B	7.7x	26.6x
Amneal Pharmaceuticals	$4.7B	1.6x	7.3x
ADMA Biologics	$4.6B	10.3x	25.2x
Glenmark Pharma	$4.5B	2.9x	15.9x
PharmaEssentia	$4.2B	12.3x	54.3x
Amoytop Biotech	$4.2B	9.9x	26.3x
Yili Chuannig Biotech	$3.9B	n/a	n/a
Bachem	$3.9B	5.4x	18.5x
Hualan Biological Engineering	$3.8B	6.2x	14.5x
Alvotech	$3.8B	7.1x	25.9x
Alkermes	$3.8B	2.5x	9.4x
Endo	$3.8B	n/a	n/a
Zelgen Biopharmaceuticals	$3.7B	34.0x	n/a
3SBio	$3.5B	2.7x	8.1x
Hypera	$3.5B	2.6x	9.1x
Shanghai Junshi	$3.4B	11.3x	-28.0x
RemeGen	$3.2B	12.3x	-23.4x
Dermapharm	$3.0B	2.4x	9.0x
Kalbe Farma	$3.0B	1.5x	10.0x
Gan & Lee Pharmaceuticals	$2.9B	5.8x	21.5x
Hebei Changshan	$2.9B	n/a	n/a
Virbac	$2.8B	1.8x	9.2x
Jamjoom Pharma	$2.8B	7.5x	23.1x
Laboratorios Rovi	$2.7B	3.4x	12.8x
Sinocelltech Group	$2.7B	7.4x	41.9x
Wockhardt	$2.7B	n/a	n/a
Dottikon ES Holding	$2.6B	6.2x	20.1x
Nanjing King-Friend	$2.6B	4.3x	15.9x
Kanghong Pharmaceutical	$2.6B	n/a	n/a
Jafron Biomedical	$2.5B	n/a	n/a
Bora Pharmaceuticals	$2.5B	4.1x	15.5x
Peptron	$2.5B	n/a	n/a
Henlius Biotech	$2.4B	3.1x	16.1x
Pacific Shuanglin	$2.3B	5.5x	15.9x
Hanmi Pharm	$2.3B	2.2x	10.6x
Scholar Rock	$2.3B	302.9x	-9.0x
Hugel	$2.2B	8.3x	16.7x
Almirall	$2.1B	1.9x	9.8x
Hepalink	$2.1B	2.9x	15.1x
Yifan Pharmaceutical	$2.0B	n/a	n/a
Concord Biotech	$2.0B	14.5x	35.2x
ANI Pharmaceuticals	$2.0B	3.0x	11.8x
Lotus Pharmaceutical	$1.9B	3.4x	8.2x
BB Biotech	$1.9B	n/a	n/a
Everest Medicines	$1.9B	14.8x	-20.5x
ABL Bio	$1.8B	40.1x	-90.5x
Ascentage Pharma	$1.7B	14.5x	-27.5x
Tarsus Pharmaceuticals	$1.7B	7.4x	-16.4x
Belite Bio	$1.7B	354.3x	n/a
Metsera	$1.7B	n/a	n/a
Anhui Anke Biotechnology	$1.7B	4.4x	12.4x
Amphastar Pharma	$1.6B	2.2x	5.6x
HUTCHMED	$1.5B	2.4x	-65.7x
Collegium Pharmaceutical	$1.5B	2.3x	3.7x
Zhejiang Jolly	$1.5B	4.1x	16.7x
Yantai Dongcheng	$1.5B	3.6x	17.9x
InnoCare Pharma	$1.5B	9.6x	-20.0x
BioArctic	$1.4B	21.5x	89.5x
Arcutis Biotherapeutics	$1.4B	6.0x	-12.0x
Supernus Pharmaceuticals	$1.3B	2.1x	8.4x
Bio-Thera Solutions	$1.3B	12.3x	-25.6x
Travere Therapeutics	$1.3B	4.9x	-7.4x
Zhejiang Wolwo Bio-Pharma	$1.3B	n/a	n/a
Mabwell	$1.3B	24.7x	-13.3x
Joincare Pharmaceutical	$1.3B	0.6x	3.6x
Chongqing Genrix	$1.3B	n/a	n/a
Haohai Biological	$1.3B	3.3x	14.3x
Genomma Lab	$1.3B	1.4x	5.8x
Pharma Mar	$1.3B	6.6x	86.0x
OPKO Health	$1.2B	1.7x	-12.2x
Faes Farma	$1.2B	2.2x	8.5x
Kiniksa Pharmaceuticals	$1.2B	2.5x	-69.1x
Indivior	$1.2B	1.0x	4.0x
Innoviva	$1.1B	3.2x	n/a
SPIMACO	$1.1B	2.4x	16.0x
GC Biopharma	$1.1B	n/a	n/a
Gen Ilac	$1.1B	n/a	n/a
China TCM	$1.1B	0.5x	4.8x
Harrow	$1.0B	4.7x	19.7x
Nika Pharmaceuticals	$1.0B	n/a	n/a
Lepu Biopharma	$982M	19.4x	n/a
Ardelyx	$966M	2.8x	-85.5x
Dynavax	$936M	3.2x	21.8x
Hanall Biopharma	$934M	9.5x	242.4x
Jinyu Bio-Technology Co.	$917M	n/a	n/a
TchaikaPharma	$888M	n/a	n/a
Disc Medicine	$879M	n/a	-5.7x
Xeris Biopharma	$840M	3.9x	86.1x
NewAmsterdam Pharma Co	$827M	22.1x	n/a
Eczacıbaşı	$810M	n/a	n/a
Emergent BioSolutions	$803M	0.8x	4.5x
Vetoquinol	$799M	1.4x	6.9x
Philogen	$786M	20.6x	-122.8x
Lumosa Therapeutics	$742M	n/a	n/a
Aurinia Pharmaceuticals	$739M	3.1x	n/a
Syndax	$723M	17.6x	-2.1x
Alkaloid	$713M	n/a	n/a
Chabiotech	$713M	n/a	n/a
Medy-Tox	$700M	4.3x	21.3x
Oculis Holding	$690M	758.8x	-7.0x
Cosmo Pharmaceuticals	$689M	2.6x	4.5x
Zentiva	$680M	n/a	n/a
Mineralys Therapeutics	$671M	n/a	-3.3x
Avadel Pharmaceuticals	$670M	3.5x	-144.2x
Polaris Group	$670M	n/a	n/a
Ironwood Pharmaceuticals	$664M	2.0x	6.8x
Anavex Life Sciences	$633M	n/a	n/a
Boan Biotech	$631M	5.9x	28.2x
Julphar	$618M	1.7x	12.4x
Dishman Carbogen Amics	$614M	n/a	n/a
Mega Lifesciences	$607M	1.4x	6.4x
Neuren Pharma	$600M	5.2x	7.5x
Luzhu Biotech	$591M	n/a	n/a
WAVE Life Sciences	$591M	6.1x	-4.4x
Spyre Therapeutics	$582M	n/a	-2.8x
TaiMed Biologics	$574M	30.2x	-214.7x
Sionna Therapeutics	$540M	n/a	-6.5x
Zymeworks	$532M	6.5x	-4.0x
Basilea Pharmaceutica	$531M	2.2x	9.7x
Enliven Therapeutics	$517M	254180.3x	-4.6x
Opthea	$490M	875.7x	-3.0x
Arbutus Biopharma	$480M	77.4x	n/a
ACROBiosystems	$474M	5.2x	26.0x
Pharming	$452M	1.5x	-154.2x
Zhejiang Shouxiangu	$451M	n/a	n/a
EirGenix	$441M	n/a	n/a
Elite Pharmaceuticals	$437M	n/a	n/a
Procaps Group	$430M	n/a	n/a
Akebia Therapeutics	$427M	2.5x	n/a
Tempo Scan Pacific	$426M	n/a	n/a
Blau Farmacêutica	$410M	1.3x	5.7x
89bio	$405M	n/a	-1.1x
ArriVent BioPharma	$399M	n/a	-4.5x
Botanix Pharmaceuticals	$379M	43.2x	-14.9x
Pharmicell	$378M	6.5x	32.9x
Formycon	$377M	5.4x	-21.8x
Binex	$359M	3.5x	-31.7x
Esperion Therapeutics	$355M	1.1x	7.1x
UroGen Pharma	$353M	3.6x	-3.5x
Medigen Vaccine Biologics	$350M	n/a	n/a
LENZ Therapeutics	$350M	161.2x	-5.4x
Pharvaris	$347M	n/a	-2.0x
Sana Biotechnology	$338M	n/a	-1.4x
Xencor	$336M	3.1x	-1.9x
Savara	$334M	n/a	n/a
Antibiotice	$332M	2.2x	9.7x
Cogent Biosciences	$326M	n/a	-1.5x
Senores Pharmaceuticals	$324M	n/a	n/a
Inventiva	$322M	34.6x	-3.1x
Tanvex BioPharma	$315M	n/a	n/a
Celon Pharma	$310M	4.3x	18.1x
PYC Therapeutics	$309M	27.9x	-8.6x
Knight Therapeutics	$303M	1.2x	7.7x
Alpha Teknova	$298M	7.7x	-21.4x
Dianthus Therapeutics	$292M	53.5x	n/a
Abivax	$288M	27.7x	-1.8x
Kamada	$285M	1.7x	8.1x
Laboratorio Reig Jofre	$279M	0.8x	6.6x
SIGA Technologies	$271M	2.0x	4.1x
CytoDyn	$265M	n/a	n/a
Prestige Biologics	$262M	n/a	n/a
Phathom Pharmaceuticals	$244M	2.8x	-1.0x
Adimmune	$230M	n/a	n/a
CHO Pharma	$212M	n/a	n/a
Celcuity	$212M	n/a	-1.7x
Mycenax Biotech	$211M	n/a	n/a
Clinuvel Pharma	$210M	3.4x	6.6x
Hansa Biopharma	$209M	9.9x	-3.7x
Altimmune	$209M	13854.7x	-2.0x
Praxis Precision Medicines	$208M	31.8x	-1.0x
Biomm	$207M	n/a	n/a
OmniAb	$199M	7.8x	-4.6x
Santhera Pharma	$194M	4.6x	-20.1x
Day One Biopharmaceutical	$193M	1.4x	-1.0x
Nuvation Bio	$182M	12.0x	n/a
AFT Pharmaceuticals	$178M	n/a	n/a
Wellgistics Health	$174M	n/a	n/a
Maze Therapeutics	$173M	1.4x	28.9x
Panion & Bf Biotech	$173M	2.8x	n/a
Genfit	$166M	1.7x	5.3x
Stoke Therapeutics	$165M	3.9x	-1.7x
Protalix	$159M	2.5x	n/a
Mind Medicine	$157M	n/a	-1.5x
Lavipharm	$157M	n/a	n/a
Y-mAbs Therapeutics	$152M	1.8x	-4.8x
Armata Pharmaceuticals	$152M	28.9x	-3.4x
Onconic Therapeutics	$149M	n/a	n/a
Regenxbio	$143M	1.0x	-1.0x
AprilBio	$142M	8.4x	15.3x
Turk İlaç	$140M	n/a	n/a
Aura Biosciences	$134M	n/a	n/a
Fennec Pharmaceuticals	$129M	2.7x	13.3x
NervGen Pharma	$127M	n/a	n/a
Immutep	$121M	35.1x	-3.4x
Egetis Therapeutics	$111M	16.7x	-3.6x
Erasca	$105M	n/a	-0.6x
Innate Pharma	$99.9M	2.6x	2.6x
Bicara Therapeutics	$98.2M	n/a	-1.1x
ORIC Pharmaceuticals	$96.7M	n/a	-0.7x
Savior Lifetec	$96.6M	n/a	n/a
Alumis	$95.0M	66.7x	-0.3x
Corestemchemon	$93.9M	n/a	n/a
BioInvent International	$91.7M	16.8x	-2.0x
Prothena Corp.	$89.6M	0.8x	n/a
Tyra Biosciences	$87.4M	n/a	-0.8x
Maat Pharma	$85.6M	23.1x	-2.8x
Aardvark Therapeutics	$82.0M	n/a	-2.7x
Oncocross	$78.5M	n/a	n/a
Tourmaline Bio	$78.4M	36.7x	n/a
Diamyd Medical	$72.2M	339.5x	-4.8x
Adocia	$69.1M	6.9x	n/a
ImmuCell	$59.9M	n/a	n/a
Marinomed Biotech	$55.6M	14.8x	-28.3x
Lexicon Pharmaceuticals	$55.5M	2.2x	-0.3x
Arcturus Therapeutics	$54.6M	0.4x	-0.5x
Cullinan Therapeutics	$54.3M	17.3x	-0.3x
Pentixapharm Holding	$53.7M	n/a	n/a
Genenta Science	$50.1M	n/a	n/a
Gensight Biologics	$45.7M	10.8x	-1.8x
Abionyx Pharma	$40.9M	8.2x	-5.0x
J. Molner	$38.0M	n/a	n/a
Rapport Therapeutics	$34.2M	n/a	-0.3x
Dyadic International	$33.1M	7.8x	n/a
Vivoryon Therapeutics	$33.0M	n/a	-1.5x
Genoway	$30.7M	1.3x	7.9x
Cybin	$29.5M	n/a	-0.3x
Biosenic	$29.2M	n/a	n/a
Captor Therapeutics	$29.0M	5.1x	-2.9x
Medicenna Therapeutics	$28.4M	2415.0x	n/a
Relief Therapeutics	$24.8M	n/a	n/a
Vitrafy	$22.4M	n/a	n/a
Valerio Therapeutics	$20.0M	n/a	n/a
Pharma Equity Group	$19.0M	25.0x	-9.9x
Plant Advanced	$17.8M	n/a	n/a
Celyad Oncology	$16.7M	n/a	n/a
GeNeuro	$14.9M	n/a	n/a
Oxurion	$13.2M	n/a	n/a
EGEIRO Pharma	$10.8M	n/a	n/a
Biophytis	$9.2M	4.3x	-0.5x
Alligator Bioscience	$8.5M	1.2x	-0.6x
NLS Pharmaceutics	$6.6M	n/a	n/a
BioLineRx	$5.7M	0.3x	-0.3x
Theranexus	$4.7M	n/a	n/a
Recce Pharmaceuticals	$4.4M	1.3x	-0.5x
TME Pharma	$4.2M	n/a	-0.5x
Addex Therapeutics	$3.5M	3.4x	-0.9x
Nextgen Biomed	$1.3M	n/a	n/a
bioXXmed	$0.8M	n/a	n/a
Astria Therapeutics	$0.5M	n/a	-0.0x
Neovacs	$0.4M	n/a	n/a
Medigene	-$9.0M	-0.9x	0.7x
MBX Biosciences	-$14.3M	n/a	0.2x
Foghorn Therapeutics	-$14.8M	-0.6x	0.1x
Camp4 Therapeutics	-$15.1M	-28.4x	0.3x
PHAXIAM Therapeutics	-$16.1M	n/a	0.9x
Zenas BioPharma	-$18.3M	-4.8x	0.1x
Molecular Partners	-$31.3M	-7.5x	0.5x
Q32 Bio	-$33.7M	n/a	n/a
Silence Therapeutics	-$39.5M	-1.2x	0.8x
Nykode Therapeutics	-$45.5M	-5.5x	1.0x
Arcus Biosciences	-$52.2M	-0.2x	0.2x
Sage Therapeutics	-$52.4M	-1.0x	0.1x
Applied Therapeutics	-$53.7M	-28.6x	0.6x
Cassava Sciences	-$59.8M	n/a	n/a
Climb Bio	-$64.0M	n/a	n/a
IGM Biosciences	-$66.9M	-18.7x	0.4x
Tango Therapeutics	-$69.0M	-1.8x	n/a
Barinthus Biotherapeutics	-$70.3M	-6.6x	n/a
Septerna	-$71.2M	-82.0x	0.8x
Upstream Bio	-$73.3M	-34.5x	0.8x
Amarin Corp	-$93.9M	-0.4x	1.1x
Contineum Therapeutics	-$94.8M	-55.4x	1.7x
PureTech Health	-$109M	n/a	0.8x
Cargo Therapeutics	-$114M	n/a	0.7x
Third Harmonic Bio	-$118M	n/a	2.3x
Annexon	-$120M	n/a	0.7x
Neurogene	-$134M	-202.5x	n/a
Terns Pharma	-$170M	n/a	1.6x
Autolus Therapeutics	-$173M	-9.8x	0.8x
Olema Pharmaceuticals	-$175M	n/a	1.2x
Pliant Therapeutics	-$213M	-256.9x	1.1x
Bioage Labs	-$214M	n/a	2.8x
Acelyrin	-$217M	n/a	0.7x
Alector	-$277M	-3.7x	1.7x
4D Molecular Therapeutics	-$278M	-245.6x	1.4x
Relay Therapeutics	-$323M	-38.1x	0.9x
Galapagos	-$1.8B	-5.9x	11.5x