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Public Comps and Valuation Multiples for Biopharmaceuticals

Benchmark revenue and EBITDA valuation multiples for public comps like
Eli Lilly, Johnson & Johnson, AbbVie, Roche and Novartis.

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Biopharmaceuticals

Viewing 50 of 1011 companies with full data

Company	Market Cap	Enterprise Value	LTM Revenue	EV/LTM Revenue	EV/LTM EBITDA
Eli Lilly	$909B	$944B	$68B	13.8x	30.0x
Johnson & Johnson	$577B	$605B	$95B	6.3x	17.1x
AbbVie	$414B	$476B	$62B	7.6x	18.2x
Roche	$377B	$400B	$80B	5.0x	12.7x
Novartis	$317B	$341B	$55B	6.2x	14.8x
Merck	$300B	$335B	$65B	5.1x	11.9x
AstraZeneca	$291B	$316B	$60B	5.3x	15.2x
Amgen	$208B	$253B	$37B	6.9x	13.5x
Gilead Sciences	$186B	$202B	$30B	6.8x	12.8x
Novo Nordisk	$166B	$182B	$48B	3.8x	7.9x
Pfizer	$151B	$202B	$62B	3.2x	8.4x
Bristol-Myers Squibb	$127B	$163B	$48B	3.4x	9.3x
Vertex Pharmaceuticals	$123B	$119B	$12B	9.8x	22.1x
GSK	$116B	$135B	$45B	3.0x	8.9x
Sanofi	$107B	$121B	$55B	2.2x	7.5x
Chugai Pharma	$105B	$99B	$8B	12.1x	23.7x
Regeneron	$84B	$78B	$15B	5.3x	14.9x
Merck KGaA	$63B	$74B	$24B	3.0x	10.5x
Takeda Pharmaceuticals	$58B	$84B	$29B	2.9x	10.7x
UCB	$55B	$56B	$9B	6.0x	17.6x
Zoetis	$54B	$61B	$10B	6.4x	14.7x
Jiangsu Hengrui Pharma	$53B	$47B	$5B	9.6x	33.0x
CSL	$50B	$60B	$16B	3.8x	11.1x
Lonza Group	$48B	$52B	$9B	6.0x	19.0x
argenx	$47B	$43B	$5B	9.5x	33.3x
Sun Pharma	$46B	$43B	$6B	6.9x	23.6x
Bayer	$46B	$84B	$53B	1.6x	7.5x
Alnylam Pharmaceuticals	$43B	$41B	$4B	10.2x	52.6x
Teva Pharmaceuticals	$39B	$52B	$17B	3.1x	9.9x
Sandoz	$37B	$42B	$11B	3.7x	16.7x
Celltrion	$36B	$37B	$3B	12.6x	34.2x
BeOne Medicines	$36B	$33B	$6B	5.9x	47.3x
Otsuka Holdings	$35B	$33B	$16B	2.0x	8.9x
Daiichi Sankyo	$34B	$32B	$13B	2.4x	11.9x
Insmed	$32B	$31B	$808M	38.9x	(28.8x)
Astellas Pharma	$28B	$31B	$13B	2.3x	8.6x
Biogen	$28B	$30B	$10B	3.1x	9.9x
BioNTech	$27B	$10B	$3B	3.2x	(9.4x)
Hansoh Pharma	$26B	$22B	$2B	10.4x	26.8x
United Therapeutics	$21B	$18B	$3B	5.7x	10.7x
Moderna	$21B	$17B	$2B	8.5x	(5.9x)
Royalty Pharma	$20B	$28B	$3B	8.5x	9.3x
Roivant Sciences	$20B	$16B	$11M	1471.2x	(13.6x)
Revolution Medicines	$20B	$18B	$10M	1768.9x	(14.5x)
Incyte	$20B	$16B	$5B	3.1x	10.1x
Shionogi	$19B	$15B	$3B	4.9x	11.6x
Innovent Biologics	$18B	$17B	$2B	8.4x	63.7x
Genmab	$18B	$22B	$4B	5.7x	18.9x
Viatris	$18B	$32B	$14B	2.2x	7.5x
Sichuan Biokin	$17B	$17B	$329M	51.1x	(451.6x)
Torrent Pharmaceuticals	$16B	$X.XB	$1B	X.Xx	X.Xx
Ipsen	$16B	$X.XB	$4B	X.Xx	X.Xx
Ascendis Pharma	$15B	$X.XB	$1000M	X.Xx	X.Xx
Alteogen	$15B	$X.XB	$178M	X.Xx	X.Xx
Zhangzhou Pientzehuang	$15B	$X.XB	$1B	X.Xx	X.Xx
Yunnan Baiyao Group	$15B	$X.XB	$6B	X.Xx	X.Xx
Sobi	$14B	$X.XB	$3B	X.Xx	X.Xx
CSPC Pharma Group	$14B	$X.XB	$4B	X.Xx	X.Xx
Sino Biopharmaceutical	$13B	$X.XB	$5B	X.Xx	X.Xx
Neurocrine Biosciences	$13B	$X.XB	$3B	X.Xx	X.Xx
Ionis Pharmaceuticals	$13B	$X.XB	$924M	X.Xx	X.Xx
Regencell Bioscience	$13B	$X.XB	—	X.Xx	X.Xx
Elanco	$13B	$X.XB	$5B	X.Xx	X.Xx
BridgeBio Pharma	$13B	$X.XB	$580M	X.Xx	X.Xx
Kelun-Biotech	$12B	$X.XB	$314M	X.Xx	X.Xx
Akeso	$12B	$X.XB	$533M	X.Xx	X.Xx
Summit Therapeutics	$12B	$X.XB	$1M	X.Xx	X.Xx
Cipla	$12B	$X.XB	$3B	X.Xx	X.Xx
Jazz Pharmaceuticals	$12B	$X.XB	$4B	X.Xx	X.Xx
Dr Reddy's Laboratories	$12B	$X.XB	$4B	X.Xx	X.Xx
BioMarin Pharmaceutical	$11B	$X.XB	$3B	X.Xx	X.Xx
Lupin	$11B	$X.XB	$3B	X.Xx	X.Xx
Financiere de Tubize	$11B	$X.XB	—	X.Xx	X.Xx
Atrium Therapeutics	$11B	$X.XB	—	X.Xx	X.Xx
Recordati	$11B	$X.XB	$3B	X.Xx	X.Xx
Orion	$11B	$X.XB	$2B	X.Xx	X.Xx
Exelixis	$11B	$X.XB	$2B	X.Xx	X.Xx
ImmunityBio	$11B	$X.XB	$130M	X.Xx	X.Xx
Mankind Pharma	$10B	$X.XB	$2B	X.Xx	X.Xx
Baxter International	$10B	$X.XB	$11B	X.Xx	X.Xx
Zydus Lifesciences	$10B	$X.XB	$3B	X.Xx	X.Xx
Samchundang Pharm	$10B	$X.XB	—	X.Xx	X.Xx
Madrigal Pharmaceuticals	$10B	$X.XB	$1B	X.Xx	X.Xx
Wuxi XDC	$10B	$X.XB	$914M	X.Xx	X.Xx
Fosun Pharma	$9B	$X.XB	$6B	X.Xx	X.Xx
Praxis Precision Medicines	$9B	$X.XB	$1M	X.Xx	X.Xx
Kyowa Kirin	$9B	$X.XB	$3B	X.Xx	X.Xx
Abivax	$9B	$X.XB	$7M	X.Xx	X.Xx
Huadong Medicine	$9B	$X.XB	$6B	X.Xx	X.Xx
Arrowhead Pharmaceuticals	$9B	$X.XB	$664M	X.Xx	X.Xx
Eisai Co.	$9B	$X.XB	$5B	X.Xx	X.Xx
Vaxcyte	$9B	$X.XB	—	X.Xx	X.Xx
Axsome Therapeutics	$9B	$X.XB	$701M	X.Xx	X.Xx
Halozyme Therapeutics	$8B	$X.XB	$1B	X.Xx	X.Xx
Salubris Pharmaceuticals	$8B	$X.XB	$682M	X.Xx	X.Xx
Krka	$8B	$X.XB	$2B	X.Xx	X.Xx
Nuvalent	$8B	$X.XB	$3M	X.Xx	X.Xx
Caliway Biopharmaceuticals	$8B	$X.XB	—	X.Xx	X.Xx
Haisco Pharmaceutical	$8B	$X.XB	$677M	X.Xx	X.Xx
Aurobindo Pharma	$8B	$X.XB	$4B	X.Xx	X.Xx
Krystal Biotech	$8B	$X.XB	$415M	X.Xx	X.Xx
Ono Pharmaceutical	$8B	$X.XB	$3B	X.Xx	X.Xx
Cytokinetics	$8B	$X.XB	$89M	X.Xx	X.Xx
ALK	$8B	$X.XB	$1B	X.Xx	X.Xx
Grifols	$7B	$X.XB	$9B	X.Xx	X.Xx
Wantai BioPharm	$7B	$X.XB	$311M	X.Xx	X.Xx
Merus	$7B	$X.XB	—	X.Xx	X.Xx
Alkem Laboratories	$7B	$X.XB	$2B	X.Xx	X.Xx
Kelun	$7B	$X.XB	$3B	X.Xx	X.Xx
PharmaEssentia	$7B	$X.XB	$551M	X.Xx	X.Xx
ABL Bio	$7B	$X.XB	$65M	X.Xx	X.Xx
RemeGen	$7B	$X.XB	$511M	X.Xx	X.Xx
Biocon	$7B	$X.XB	$2B	X.Xx	X.Xx
China Resources Sanjiu	$7B	$X.XB	$5B	X.Xx	X.Xx
Kymera Therapeutics	$7B	$X.XB	$39M	X.Xx	X.Xx
Arcellx	$7B	$X.XB	$41M	X.Xx	X.Xx
Belite Bio	$7B	$X.XB	$5M	X.Xx	X.Xx
Glenmark Pharma	$7B	$X.XB	$2B	X.Xx	X.Xx
Dottikon ES Holding	$6B	$X.XB	—	X.Xx	X.Xx
Gedeon Richter	$6B	$X.XB	$3B	X.Xx	X.Xx
Laurus Labs	$6B	$X.XB	$739M	X.Xx	X.Xx
Cogent Biosciences	$6B	$X.XB	$5M	X.Xx	X.Xx
Shanghai Allist	$6B	$X.XB	$745M	X.Xx	X.Xx
3SBio	$6B	$X.XB	$2B	X.Xx	X.Xx
Rhythm Pharmaceuticals	$6B	$X.XB	$212M	X.Xx	X.Xx
Abbott India	$6B	$X.XB	$752M	X.Xx	X.Xx
Beijing Tongrentang	$6B	$X.XB	$3B	X.Xx	X.Xx
Sumitomo Pharma	$6B	$X.XB	$3B	X.Xx	X.Xx
Protagonist Therapeutics	$6B	$X.XB	$120M	X.Xx	X.Xx
Shanghai RAAS	$6B	$X.XB	—	X.Xx	X.Xx
SK Biopharmaceuticals	$6B	$X.XB	$506M	X.Xx	X.Xx
NewMarket	$6B	$X.XB	$3B	X.Xx	X.Xx
Chongqing Zhifei	$6B	$X.XB	$2B	X.Xx	X.Xx
CRISPR Therapeutics	$6B	$X.XB	$12M	X.Xx	X.Xx
Caris Life Sciences	$6B	$X.XB	$849M	X.Xx	X.Xx
Lundbeck	$6B	$X.XB	$4B	X.Xx	X.Xx
Hebei Changshan	$6B	$X.XB	—	X.Xx	X.Xx
Bachem	$6B	$X.XB	$948M	X.Xx	X.Xx
Immunovant	$6B	$X.XB	—	X.Xx	X.Xx
Gan and Lee	$6B	$X.XB	$633M	X.Xx	X.Xx
Mirum Pharmaceuticals	$6B	$X.XB	$545M	X.Xx	X.Xx
Yuhan	$6B	$X.XB	$2B	X.Xx	X.Xx
PTC Therapeutics	$5B	$X.XB	$2B	X.Xx	X.Xx
Hanmi Pharm	$5B	$X.XB	$1B	X.Xx	X.Xx
Changchun High-Tech	$5B	$X.XB	—	X.Xx	X.Xx
Celcuity	$5B	$X.XB	$10M	X.Xx	X.Xx
Kolon TissueGene	$5B	$X.XB	$4M	X.Xx	X.Xx
Dong-E-E-Jiao	$5B	$X.XB	$985M	X.Xx	X.Xx
CG Oncology	$5B	$X.XB	$7M	X.Xx	X.Xx
Alkermes	$5B	$X.XB	$2B	X.Xx	X.Xx
Apogee Therapeutics	$5B	$X.XB	—	X.Xx	X.Xx
Laboratorios Rovi	$5B	$X.XB	$887M	X.Xx	X.Xx
GSK India	$5B	$X.XB	$422M	X.Xx	X.Xx
Scholar Rock	$5B	$X.XB	$4M	X.Xx	X.Xx
Beijing Tiantan	$5B	$X.XB	$952M	X.Xx	X.Xx
TG Therapeutics	$5B	$X.XB	$669M	X.Xx	X.Xx
Terns Pharma	$5B	$X.XB	$181K	X.Xx	X.Xx
Henlius Biotech	$5B	$X.XB	$860M	X.Xx	X.Xx
Humanwell Healthcare	$5B	$X.XB	$4B	X.Xx	X.Xx
Amicus Therapeutics	$5B	$X.XB	$656M	X.Xx	X.Xx
Structure Therapeutics	$4B	$X.XB	$1M	X.Xx	X.Xx
China Medical System	$4B	$X.XB	$1B	X.Xx	X.Xx
Peptron	$4B	$X.XB	—	X.Xx	X.Xx
LigaChem Biosciences	$4B	$X.XB	$119M	X.Xx	X.Xx
Amneal Pharmaceuticals	$4B	$X.XB	$3B	X.Xx	X.Xx
Anthem Biosciences	$4B	$X.XB	$227M	X.Xx	X.Xx
Amoytop Biotech	$4B	$X.XB	$560M	X.Xx	X.Xx
Erasca	$4B	$X.XB	—	X.Xx	X.Xx
Shijiazhuang Yiling	$4B	$X.XB	$1B	X.Xx	X.Xx
Ipca Laboratories	$4B	$X.XB	$1B	X.Xx	X.Xx
Crinetics Pharmaceuticals	$4B	$X.XB	$18M	X.Xx	X.Xx
Shanghai Junshi	$4B	$X.XB	$389M	X.Xx	X.Xx
Tianjin Pharma	$4B	$X.XB	$721M	X.Xx	X.Xx
Bayer SA	$4B	$X.XB	—	X.Xx	X.Xx
Ligand Pharmaceuticals	$4B	$X.XB	$268M	X.Xx	X.Xx
Ajanta Pharma	$4B	$X.XB	$581M	X.Xx	X.Xx
Hualan Biological Engineering	$4B	$X.XB	$697M	X.Xx	X.Xx
Livzon Pharmaceutical Group	$4B	$X.XB	$2B	X.Xx	X.Xx
Zealand Pharma	$4B	$X.XB	$1B	X.Xx	X.Xx
Centessa Pharmaceuticals	$4B	$X.XB	$11M	X.Xx	X.Xx
ADMA Biologics	$4B	$X.XB	$534M	X.Xx	X.Xx
ACADIA Pharmaceuticals	$4B	$X.XB	$1B	X.Xx	X.Xx
Viking Therapeutics	$4B	$X.XB	—	X.Xx	X.Xx
Kanghong Pharmaceutical	$4B	$X.XB	$713M	X.Xx	X.Xx
Corcept Therapeutics	$4B	$X.XB	$785M	X.Xx	X.Xx
Kangmei Pharmaceutical Co.	$4B	$X.XB	—	X.Xx	X.Xx
Hikma Pharmaceuticals	$4B	$X.XB	$3B	X.Xx	X.Xx
J.B. Chemicals & Pharma	$4B	$X.XB	$465M	X.Xx	X.Xx
Hubei Jumpcan	$4B	$X.XB	$887M	X.Xx	X.Xx
CR Pharmaceutical	$4B	$X.XB	$39B	X.Xx	X.Xx
Zelgen Biopharmaceuticals	$4B	$X.XB	$142M	X.Xx	X.Xx
Kiniksa Pharmaceuticals	$4B	$X.XB	$722M	X.Xx	X.Xx
Alumis	$4B	$X.XB	$21M	X.Xx	X.Xx
NewAmsterdam Pharma	$4B	$X.XB	$24M	X.Xx	X.Xx
Aspen Pharmacare	$4B	$X.XB	$2B	X.Xx	X.Xx
Yili Chuannig Biotech	$4B	$X.XB	$691M	X.Xx	X.Xx
Jiangsu Nhwa	$3B	$X.XB	$909M	X.Xx	X.Xx
Virbac	$3B	$X.XB	$2B	X.Xx	X.Xx
Zhejiang Huahai	$3B	$X.XB	$1B	X.Xx	X.Xx
Grand Pharmaceutical	$3B	$X.XB	$2B	X.Xx	X.Xx
Duality Biotherapeutics	$3B	$X.XB	$207M	X.Xx	X.Xx
Gland Pharma	$3B	$X.XB	$688M	X.Xx	X.Xx
Legend Biotech	$3B	$X.XB	$1B	X.Xx	X.Xx
Santen Pharmaceutical	$3B	$X.XB	$2B	X.Xx	X.Xx
Xenon Pharmaceuticals	$3B	$X.XB	$7M	X.Xx	X.Xx
Denali Therapeutics	$3B	$X.XB	$11M	X.Xx	X.Xx
United Laboratories International	$3B	$X.XB	$2B	X.Xx	X.Xx
Edgewise Therapeutics	$3B	$X.XB	—	X.Xx	X.Xx
Spyre Therapeutics	$3B	$X.XB	—	X.Xx	X.Xx
Tarsus Pharmaceuticals	$3B	$X.XB	$497M	X.Xx	X.Xx
TransThera Sciences	$3B	$X.XB	—	X.Xx	X.Xx
Sunshine Lake Pharma	$3B	$X.XB	—	X.Xx	X.Xx
Jilin Aodong	$3B	$X.XB	—	X.Xx	X.Xx
Tasly	$3B	$X.XB	$1B	X.Xx	X.Xx
PegBio	$3B	$X.XB	—	X.Xx	X.Xx
Supernus Pharmaceuticals	$3B	$X.XB	$747M	X.Xx	X.Xx
Camurus	$3B	$X.XB	$264M	X.Xx	X.Xx
Viridian Therapeutics	$3B	$X.XB	$72M	X.Xx	X.Xx
InnoCare Pharma	$3B	$X.XB	$305M	X.Xx	X.Xx
Almirall	$3B	$X.XB	$1B	X.Xx	X.Xx
Apeloa Pharmaceutical	$3B	$X.XB	$2B	X.Xx	X.Xx
Catalyst Pharmaceuticals	$3B	$X.XB	$597M	X.Xx	X.Xx
Joincare Pharmaceutical	$3B	$X.XB	$2B	X.Xx	X.Xx
Arcutis Biotherapeutics	$3B	$X.XB	$399M	X.Xx	X.Xx
Emcure Pharmaceuticals	$3B	$X.XB	$986M	X.Xx	X.Xx
IDEAYA Biosciences	$3B	$X.XB	$184M	X.Xx	X.Xx
Vera Therapeutics	$3B	$X.XB	$8M	X.Xx	X.Xx
BioArctic	$3B	$X.XB	$206M	X.Xx	X.Xx
Voronoi	$3B	$X.XB	$9M	X.Xx	X.Xx
Hypera	$3B	$X.XB	$2B	X.Xx	X.Xx
Kalbe Farma	$3B	$X.XB	$2B	X.Xx	X.Xx
Betta Pharmaceuticals	$3B	$X.XB	$537M	X.Xx	X.Xx
Beam Therapeutics	$3B	$X.XB	$122M	X.Xx	X.Xx
Brightgene Bio-medical	$3B	$X.XB	—	X.Xx	X.Xx
Walvax Biotechnology	$3B	$X.XB	$372M	X.Xx	X.Xx
China Res Double-Crane	$3B	$X.XB	$2B	X.Xx	X.Xx
Liquidia	$3B	$X.XB	$244M	X.Xx	X.Xx
Ab&B Bio-Tech	$3B	$X.XB	—	X.Xx	X.Xx
Hisamitsu Pharmaceutical	$3B	$X.XB	—	X.Xx	X.Xx
SK Bioscience	$3B	$X.XB	$433M	X.Xx	X.Xx
Travere Therapeutics	$3B	$X.XB	$530M	X.Xx	X.Xx
Buchang Pharma	$3B	$X.XB	—	X.Xx	X.Xx
WAVE Life Sciences	$3B	$X.XB	$43M	X.Xx	X.Xx
Apellis Pharmaceuticals	$3B	$X.XB	$978M	X.Xx	X.Xx
Sinocelltech Group	$3B	$X.XB	—	X.Xx	X.Xx
Arcus Biosciences	$3B	$X.XB	$217M	X.Xx	X.Xx
Dyne Therapeutics	$3B	$X.XB	—	X.Xx	X.Xx
Jinyu Bio-Technology Co.	$3B	$X.XB	—	X.Xx	X.Xx
D&D Pharmatech	$2B	$X.XB	$11M	X.Xx	X.Xx
Cosmo Pharmaceuticals	$2B	$X.XB	$126M	X.Xx	X.Xx
Jamjoom Pharma	$2B	$X.XB	—	X.Xx	X.Xx
Wockhardt	$2B	$X.XB	—	X.Xx	X.Xx
Dermapharm Holding	$2B	$X.XB	$1B	X.Xx	X.Xx
BioKangtai	$2B	$X.XB	$414M	X.Xx	X.Xx
Ocular Therapeutix	$2B	$X.XB	$53M	X.Xx	X.Xx
AstraZeneca Pharma India	$2B	$X.XB	—	X.Xx	X.Xx
Pfizer India	$2B	$X.XB	$275M	X.Xx	X.Xx
Dianthus Therapeutics	$2B	$X.XB	$2M	X.Xx	X.Xx
Anhui Anke Biotechnology	$2B	$X.XB	$397M	X.Xx	X.Xx
HUTCHMED (China)	$2B	$X.XB	$567M	X.Xx	X.Xx
Hepalink	$2B	$X.XB	$803M	X.Xx	X.Xx
Mineralys Therapeutics	$2B	$X.XB	$624K	X.Xx	X.Xx
Immunome	$2B	$X.XB	$6M	X.Xx	X.Xx
Lotus Pharmaceutical	$2B	$X.XB	$700M	X.Xx	X.Xx
Nanjing King-Friend	$2B	$X.XB	$643M	X.Xx	X.Xx
Disc Medicine	$2B	$X.XB	—	X.Xx	X.Xx
Jafron Biomedical	$2B	$X.XB	$316M	X.Xx	X.Xx
Celltrion Pharm	$2B	$X.XB	—	X.Xx	X.Xx
Galapagos	$2B	$X.XB	$1B	X.Xx	X.Xx
Bavarian Nordic	$2B	$X.XB	$919M	X.Xx	X.Xx
Bausch Health	$2B	$X.XB	$10B	X.Xx	X.Xx
Maze Therapeutics	$2B	$X.XB	$284K	X.Xx	X.Xx
BioCryst Pharma	$2B	$X.XB	$832M	X.Xx	X.Xx
Nippon Shinyaku	$2B	$X.XB	$1B	X.Xx	X.Xx
Avadel Pharmaceuticals	$2B	$X.XB	$290M	X.Xx	X.Xx
Yifan Pharmaceutical	$2B	$X.XB	$885M	X.Xx	X.Xx
Mabwell	$2B	$X.XB	$111M	X.Xx	X.Xx
Ultragenyx	$2B	$X.XB	$688M	X.Xx	X.Xx
Zhejiang Wolwo Bio-Pharma	$2B	$X.XB	$162M	X.Xx	X.Xx
Ascentage Pharma Group	$2B	$X.XB	$92M	X.Xx	X.Xx
Soleno Therapeutics	$2B	$X.XB	$245M	X.Xx	X.Xx
Nuvation Bio	$2B	$X.XB	$88M	X.Xx	X.Xx
Eris Lifesciences	$2B	$X.XB	$347M	X.Xx	X.Xx
Phibro Animal Health	$2B	$X.XB	$1B	X.Xx	X.Xx
Harrow	$2B	$X.XB	$291M	X.Xx	X.Xx
Aurinia Pharmaceuticals	$2B	$X.XB	$291M	X.Xx	X.Xx
Cheezheng Tibetan Medicine	$2B	$X.XB	—	X.Xx	X.Xx
Nektar Therapeutics	$2B	$X.XB	$43M	X.Xx	X.Xx
Stoke Therapeutics	$2B	$X.XB	$158M	X.Xx	X.Xx
Celldex Therapeutics	$2B	$X.XB	$2M	X.Xx	X.Xx
Hugel	$2B	$X.XB	$301M	X.Xx	X.Xx
Bora Pharmaceuticals	$2B	$X.XB	$626M	X.Xx	X.Xx
Tsumura	$2B	$X.XB	$1B	X.Xx	X.Xx
Olema Pharmaceuticals	$2B	$X.XB	$387K	X.Xx	X.Xx
Hanall Biopharma	$2B	$X.XB	$106M	X.Xx	X.Xx
Natco Pharma	$2B	$X.XB	$443M	X.Xx	X.Xx
Eczacıbaşı İlaç	$2B	$X.XB	—	X.Xx	X.Xx
Syndax	$2B	$X.XB	$209M	X.Xx	X.Xx
Zymeworks	$2B	$X.XB	$142M	X.Xx	X.Xx
Recursion Pharmaceuticals	$2B	$X.XB	$76M	X.Xx	X.Xx
Tyra Biosciences	$2B	$X.XB	—	X.Xx	X.Xx
Organon	$2B	$X.XB	$6B	X.Xx	X.Xx
Mesoblast	$2B	$X.XB	$94M	X.Xx	X.Xx
Neuland Laboratories	$2B	$X.XB	$189M	X.Xx	X.Xx
Pacific Shuanglin	$2B	$X.XB	—	X.Xx	X.Xx
InventisBio	$2B	$X.XB	$18M	X.Xx	X.Xx
Hualan Biological Vaccine	$2B	$X.XB	—	X.Xx	X.Xx
Intellia Therapeutics	$2B	$X.XB	$66M	X.Xx	X.Xx
Galecto	$2B	$X.XB	—	X.Xx	X.Xx
Relay Therapeutics	$2B	$X.XB	$14M	X.Xx	X.Xx
Faes Farma	$2B	$X.XB	$736M	X.Xx	X.Xx
Vericel	$2B	$X.XB	$285M	X.Xx	X.Xx
Enliven Therapeutics	$2B	$X.XB	—	X.Xx	X.Xx
Pharvaris	$2B	$X.XB	—	X.Xx	X.Xx
Star Lake Bioscience	$2B	$X.XB	$2B	X.Xx	X.Xx
Sarepta Therapeutics	$2B	$X.XB	$2B	X.Xx	X.Xx
Innoviva	$2B	$X.XB	$417M	X.Xx	X.Xx
ANI Pharmaceuticals	$2B	$X.XB	$921M	X.Xx	X.Xx
Zhejiang Jolly	$2B	$X.XB	$444M	X.Xx	X.Xx
RAPT Therapeutics	$2B	$X.XB	—	X.Xx	X.Xx
AnaptysBio	$2B	$X.XB	$211M	X.Xx	X.Xx
Harmony Biosciences	$2B	$X.XB	$897M	X.Xx	X.Xx
Pharma Mar	$2B	$X.XB	$252M	X.Xx	X.Xx
Amylyx Pharmaceuticals	$2B	$X.XB	—	X.Xx	X.Xx
Sawai Group Holdings	$2B	$X.XB	$1B	X.Xx	X.Xx
Chengdu Easton	$2B	$X.XB	$210M	X.Xx	X.Xx
Nurix Therapeutics	$2B	$X.XB	$77M	X.Xx	X.Xx
Novavax	$2B	$X.XB	$968M	X.Xx	X.Xx
Everest Medicines	$2B	$X.XB	$291M	X.Xx	X.Xx
Square Pharma	$2B	$X.XB	—	X.Xx	X.Xx
Sionna Therapeutics	$2B	$X.XB	—	X.Xx	X.Xx
Oruka Therapeutics	$2B	$X.XB	—	X.Xx	X.Xx
Agios Pharmaceuticals	$2B	$X.XB	$61M	X.Xx	X.Xx
Guangzhou Innogen Pharma	$2B	$X.XB	$27M	X.Xx	X.Xx
Immunocore Holdings	$2B	$X.XB	$409M	X.Xx	X.Xx
OneSource Specialty	$2B	$X.XB	$156M	X.Xx	X.Xx
Trevi Therapeutics	$2B	$X.XB	—	X.Xx	X.Xx
Nanobiotix	$2B	$X.XB	$47M	X.Xx	X.Xx
Palvella Therapeutics	$2B	$X.XB	$5K	X.Xx	X.Xx
Granules India	$2B	$X.XB	$570M	X.Xx	X.Xx
Ardelyx	$2B	$X.XB	$434M	X.Xx	X.Xx
Alembic Pharmaceuticals	$2B	$X.XB	$802M	X.Xx	X.Xx
Yantai Dongcheng	$2B	$X.XB	$416M	X.Xx	X.Xx
Biohaven	$2B	$X.XB	—	X.Xx	X.Xx
Sinopep	$2B	$X.XB	$299M	X.Xx	X.Xx
Liaoning Chengda Biotech	$2B	$X.XB	—	X.Xx	X.Xx
Jubilant Pharmova	$2B	$X.XB	$876M	X.Xx	X.Xx
Kodiak Sciences	$2B	$X.XB	—	X.Xx	X.Xx
ORIC Pharmaceuticals	$2B	$X.XB	—	X.Xx	X.Xx
Chongqing Genrix	$2B	$X.XB	$46M	X.Xx	X.Xx
Iovance Biotherapeutics	$2B	$X.XB	$286M	X.Xx	X.Xx
Vir Biotechnology	$2B	$X.XB	$82M	X.Xx	X.Xx
Tango Therapeutics	$2B	$X.XB	$52M	X.Xx	X.Xx
Corvus Pharma	$1B	$X.XB	$223K	X.Xx	X.Xx
Oscotec	$1B	$X.XB	$32M	X.Xx	X.Xx
Caplin Point Laboratories	$1B	$X.XB	$230M	X.Xx	X.Xx
Bio-Thera Solutions	$1B	$X.XB	—	X.Xx	X.Xx
Monte Rosa Therapeutics	$1B	$X.XB	$121M	X.Xx	X.Xx
Zenas BioPharma	$1B	$X.XB	$31M	X.Xx	X.Xx
MBX Biosciences	$1B	$X.XB	—	X.Xx	X.Xx
Capricor Therapeutics	$1B	$X.XB	$27M	X.Xx	X.Xx
Concord Biotech	$1B	$X.XB	$130M	X.Xx	X.Xx
Rapport Therapeutics	$1B	$X.XB	—	X.Xx	X.Xx
Youcare Pharmaceutical	$1B	$X.XB	—	X.Xx	X.Xx
TOWA Pharmaceutical	$1B	$X.XB	$2B	X.Xx	X.Xx
Chengdu Kanghua	$1B	$X.XB	$176M	X.Xx	X.Xx
Daewoong Pharmaceutical	$1B	$X.XB	$1B	X.Xx	X.Xx
Immatics	$1B	$X.XB	$54M	X.Xx	X.Xx
Day One Biopharmaceutical	$1B	$X.XB	$174M	X.Xx	X.Xx
Kissei Pharmaceutical	$1B	$X.XB	$589M	X.Xx	X.Xx
Idorsia	$1B	$X.XB	$280M	X.Xx	X.Xx
MoonLake	$1B	$X.XB	—	X.Xx	X.Xx
Cohance Lifesciences	$1B	$X.XB	$257M	X.Xx	X.Xx
Jiangxi Fushine Pharma	$1B	$X.XB	$176M	X.Xx	X.Xx
Precigen	$1B	$X.XB	$30M	X.Xx	X.Xx
China TCM	$1B	$X.XB	$2B	X.Xx	X.Xx
Taysha GTx	$1B	$X.XB	$6M	X.Xx	X.Xx
GuangYuYuan Chinese	$1B	$X.XB	—	X.Xx	X.Xx
HBM Holdings	$1B	$X.XB	$198M	X.Xx	X.Xx
Collegium Pharmaceutical	$1B	$X.XB	$786M	X.Xx	X.Xx
Alvotech	$1B	$X.XB	$611M	X.Xx	X.Xx
Guilin Sanjin	$1B	$X.XB	—	X.Xx	X.Xx
Septerna	$1B	$X.XB	$51M	X.Xx	X.Xx
Savara	$1B	$X.XB	$3M	X.Xx	X.Xx
Inventiva	$1B	$X.XB	$9M	X.Xx	X.Xx
CStone Pharmaceuticals	$1B	$X.XB	$38M	X.Xx	X.Xx
Neuren Pharma	$1B	$X.XB	$47M	X.Xx	X.Xx
ACROBiosystems	$1B	$X.XB	$127M	X.Xx	X.Xx
DBV Technologies	$1B	$X.XB	$5M	X.Xx	X.Xx
Changchun BCHT	$1B	$X.XB	—	X.Xx	X.Xx
PeptiDream	$1B	$X.XB	$156M	X.Xx	X.Xx
Zhejiang Ausun	$1B	$X.XB	$129M	X.Xx	X.Xx
Vetoquinol	$1B	$X.XB	$612M	X.Xx	X.Xx
Inhibrx Biosciences	$1B	$X.XB	$1M	X.Xx	X.Xx
Sana Biotechnology	$1B	$X.XB	—	X.Xx	X.Xx
SanBio	$1B	$X.XB	$2M	X.Xx	X.Xx
Pharming	$1B	$X.XB	$394M	X.Xx	X.Xx
Keqian Biology	$1B	$X.XB	$168M	X.Xx	X.Xx
Chabiotech	$1B	$X.XB	—	X.Xx	X.Xx
HK inno.N	$1B	$X.XB	$734M	X.Xx	X.Xx
Lepu Biopharma	$1B	$X.XB	—	X.Xx	X.Xx
AprilBio	$1B	$X.XB	$5M	X.Xx	X.Xx
Mega Lifesciences	$1B	$X.XB	$461M	X.Xx	X.Xx
GNI Group	$1B	$X.XB	$182M	X.Xx	X.Xx
Kaken Pharmaceutical	$1B	$X.XB	$502M	X.Xx	X.Xx
CureVac	$1B	$X.XB	—	X.Xx	X.Xx
ArriVent BioPharma	$1B	$X.XB	—	X.Xx	X.Xx
Sanofi India	$1B	$X.XB	$204M	X.Xx	X.Xx
TchaikaPharma	$1B	$X.XB	—	X.Xx	X.Xx
Ventyx Biosciences	$1B	$X.XB	—	X.Xx	X.Xx
Compass Therapeutics	$1B	$X.XB	$248K	X.Xx	X.Xx
SSY Group	$1B	$X.XB	—	X.Xx	X.Xx
Xeris Biopharma	$999M	$X.XB	$309M	X.Xx	X.Xx
GH Research	$989M	$X.XB	—	X.Xx	X.Xx
PYC Therapeutics	$981M	$X.XB	$5M	X.Xx	X.Xx
Phathom Pharmaceuticals	$980M	$X.XB	$205M	X.Xx	X.Xx
Philogen	$979M	$X.XB	$347M	X.Xx	X.Xx
Amphastar Pharma	$965M	$X.XB	$727M	X.Xx	X.Xx
Allergy Therapuetics	$964M	$X.XB	$86M	X.Xx	X.Xx
Cullinan Therapeutics	$963M	$X.XB	$10M	X.Xx	X.Xx
Theravance	$960M	$X.XB	$126M	X.Xx	X.Xx
Lumosa Therapeutics	$948M	$X.XB	—	X.Xx	X.Xx
SELLAS Life Sciences	$943M	$X.XB	—	X.Xx	X.Xx
Geron	$938M	$X.XB	$192M	X.Xx	X.Xx
Valneva	$938M	$X.XB	$200M	X.Xx	X.Xx
SPIMACO - ADDWAEIH	$932M	$X.XB	—	X.Xx	X.Xx
Center Laboratories	$928M	$X.XB	—	X.Xx	X.Xx
OPKO Health	$921M	$X.XB	$596M	X.Xx	X.Xx
Bicara Therapeutics	$919M	$X.XB	—	X.Xx	X.Xx
ARS Pharmaceuticals	$917M	$X.XB	$100M	X.Xx	X.Xx
MannKind	$906M	$X.XB	$371M	X.Xx	X.Xx
Arbutus Biopharma	$902M	$X.XB	$11M	X.Xx	X.Xx
MedinCell	$894M	$X.XB	$38M	X.Xx	X.Xx
UroGen Pharma	$890M	$X.XB	$135M	X.Xx	X.Xx
Hyundai Bioscience	$889M	$X.XB	—	X.Xx	X.Xx
Arvinas	$881M	$X.XB	$231M	X.Xx	X.Xx
Bioage Labs	$880M	$X.XB	$19M	X.Xx	X.Xx
Clarity Pharmaceuticals	$879M	$X.XB	$5M	X.Xx	X.Xx
Xencor	$878M	$X.XB	$125M	X.Xx	X.Xx
Oneness Biotech	$876M	$X.XB	—	X.Xx	X.Xx
Pacira BioSciences	$875M	$X.XB	$733M	X.Xx	X.Xx
Chong Kun Dang Pharma	$868M	$X.XB	$1B	X.Xx	X.Xx
Marksans Pharma	$867M	$X.XB	$312M	X.Xx	X.Xx
Strides Pharma	$866M	$X.XB	$523M	X.Xx	X.Xx
CytomX Therapeutics	$859M	$X.XB	$73M	X.Xx	X.Xx
Basilea Pharmaceutica	$858M	$X.XB	$305M	X.Xx	X.Xx
Gyre Therapeutics	$841M	$X.XB	$121M	X.Xx	X.Xx
Janux Therapeutics	$818M	$X.XB	$10M	X.Xx	X.Xx
Omeros	$818M	$X.XB	$22M	X.Xx	X.Xx
KalVista Pharmaceuticals	$811M	$X.XB	$77M	X.Xx	X.Xx
Polaris Group	$808M	$X.XB	—	X.Xx	X.Xx
Gen İlaç	$797M	$X.XB	—	X.Xx	X.Xx
Akums Drugs and Pharma	$796M	$X.XB	$473M	X.Xx	X.Xx
Nika Pharmaceuticals	$786M	$X.XB	—	X.Xx	X.Xx
Bright Minds Biosciences	$775M	$X.XB	—	X.Xx	X.Xx
Annexon	$770M	$X.XB	$551K	X.Xx	X.Xx
Kura Oncology	$755M	$X.XB	$78M	X.Xx	X.Xx
Blue Jet Healthcare	$755M	$X.XB	$108M	X.Xx	X.Xx
Prime Medicine	$744M	$X.XB	$7M	X.Xx	X.Xx
Tempo Scan Pacific	$735M	$X.XB	—	X.Xx	X.Xx
Jade Biosciences	$733M	$X.XB	—	X.Xx	X.Xx
Abclon	$727M	$X.XB	—	X.Xx	X.Xx
Zentiva	$719M	$X.XB	—	X.Xx	X.Xx
Pharmicell	$716M	$X.XB	$83M	X.Xx	X.Xx
Astria Therapeutics	$714M	$X.XB	—	X.Xx	X.Xx
MiMedx Group	$712M	$X.XB	$405M	X.Xx	X.Xx
Guizhou Sanli	$710M	$X.XB	$213M	X.Xx	X.Xx
Aarti Pharmalabs	$708M	$X.XB	—	X.Xx	X.Xx
Esperion Therapeutics	$696M	$X.XB	$404M	X.Xx	X.Xx
Alkaloid	$681M	$X.XB	—	X.Xx	X.Xx
enGene	$669M	$X.XB	—	X.Xx	X.Xx
Luzhu Biotech	$658M	$X.XB	—	X.Xx	X.Xx
TTY Biopharm	$654M	$X.XB	$207M	X.Xx	X.Xx
uniQure	$653M	$X.XB	$20M	X.Xx	X.Xx
Lexicon Pharmaceuticals	$650M	$X.XB	$47M	X.Xx	X.Xx
Ocugen	$643M	$X.XB	$4M	X.Xx	X.Xx
Zura Bio	$641M	$X.XB	—	X.Xx	X.Xx
TYK Medicines	$631M	$X.XB	—	X.Xx	X.Xx
Vor Biopharma	$624M	$X.XB	—	X.Xx	X.Xx
Alto Neuroscience	$612M	$X.XB	—	X.Xx	X.Xx
Avalon Pharma	$606M	$X.XB	—	X.Xx	X.Xx
Medy-Tox	$595M	$X.XB	$173M	X.Xx	X.Xx
Zhejiang Shouxiangu	$594M	$X.XB	—	X.Xx	X.Xx
Neumora Therapeutics	$593M	$X.XB	$118K	X.Xx	X.Xx
Design Therapeutics	$591M	$X.XB	—	X.Xx	X.Xx
Ironwood Pharmaceuticals	$582M	$X.XB	$327M	X.Xx	X.Xx
Replimune Group	$581M	$X.XB	$2M	X.Xx	X.Xx
Supriya Lifescience	$580M	$X.XB	$90M	X.Xx	X.Xx
Boan Biotech	$578M	$X.XB	—	X.Xx	X.Xx
Allogene Therapeutics	$571M	$X.XB	$4K	X.Xx	X.Xx
Cormedix	$569M	$X.XB	$311M	X.Xx	X.Xx
Onconic Therapeutics	$566M	$X.XB	$40M	X.Xx	X.Xx
MeiraGTx	$561M	$X.XB	$44M	X.Xx	X.Xx
Fulcrum Therapeutics	$559M	$X.XB	—	X.Xx	X.Xx
Contineum Therapeutics	$558M	$X.XB	$2M	X.Xx	X.Xx
Boiron	$541M	$X.XB	$589M	X.Xx	X.Xx
Rocket Pharmaceuticals	$539M	$X.XB	$3M	X.Xx	X.Xx
Rigel Pharmaceuticals	$537M	$X.XB	$292M	X.Xx	X.Xx
Nxera Pharma	$535M	$X.XB	$203M	X.Xx	X.Xx
Prothena Corp.	$530M	$X.XB	$29M	X.Xx	X.Xx
Lexeo Therapeutics	$524M	$X.XB	—	X.Xx	X.Xx
Altimmune	$521M	$X.XB	$34K	X.Xx	X.Xx
ADC Therapeutics	$518M	$X.XB	$80M	X.Xx	X.Xx
Synmosa Biopharma	$516M	$X.XB	—	X.Xx	X.Xx
Opthea	$515M	$X.XB	$25K	X.Xx	X.Xx
Zevra Therapeutics	$513M	$X.XB	$113M	X.Xx	X.Xx
Genfit	$513M	$X.XB	$97M	X.Xx	X.Xx
Kyverna Therapeutics	$508M	$X.XB	—	X.Xx	X.Xx
Kamada	$508M	$X.XB	$185M	X.Xx	X.Xx
Lyell Immunopharma	$503M	$X.XB	$33K	X.Xx	X.Xx
GC Biopharma	$498M	$X.XB	—	X.Xx	X.Xx
Climb Bio	$496M	$X.XB	—	X.Xx	X.Xx
4D Molecular Therapeutics	$493M	$X.XB	$31M	X.Xx	X.Xx
AIM Vaccine	$493M	$X.XB	—	X.Xx	X.Xx
Aquestive Therapeutics	$491M	$X.XB	$45M	X.Xx	X.Xx
Vanda Pharmaceuticals	$485M	$X.XB	$224M	X.Xx	X.Xx
Eupraxia Pharmaceuticals	$485M	$X.XB	—	X.Xx	X.Xx
Solid Biosciences	$483M	$X.XB	—	X.Xx	X.Xx
Blau Farmacêutica	$480M	$X.XB	$341M	X.Xx	X.Xx
Invivyd	$477M	$X.XB	$68M	X.Xx	X.Xx
Newron Pharmaceuticals	$475M	$X.XB	$27M	X.Xx	X.Xx
Emergent BioSolutions	$472M	$X.XB	$743M	X.Xx	X.Xx
Eton Pharmaceuticals	$470M	$X.XB	$84M	X.Xx	X.Xx
Regenxbio	$468M	$X.XB	$184M	X.Xx	X.Xx
YungShin Global Holding	$464M	$X.XB	—	X.Xx	X.Xx
Knight Therapeutics	$463M	$X.XB	$325M	X.Xx	X.Xx
SIGA Technologies	$463M	$X.XB	$122M	X.Xx	X.Xx
TaiMed Biologics	$461M	$X.XB	$19M	X.Xx	X.Xx
NervGen Pharma	$461M	$X.XB	—	X.Xx	X.Xx
Entrada Therapeutics	$457M	$X.XB	$25M	X.Xx	X.Xx
Formycon	$455M	$X.XB	$70M	X.Xx	X.Xx
Shanghai Hile Bio-Tech	$454M	$X.XB	—	X.Xx	X.Xx
Larimar Therapeutics	$453M	$X.XB	—	X.Xx	X.Xx
Renata	$450M	$X.XB	—	X.Xx	X.Xx
Lineage Cell Therapeutics	$449M	$X.XB	$17M	X.Xx	X.Xx
Enanta Pharmaceuticals	$448M	$X.XB	$66M	X.Xx	X.Xx
GlaxoSmithKline Pakistan	$446M	$X.XB	$220M	X.Xx	X.Xx
Elite Pharmaceuticals	$441M	$X.XB	—	X.Xx	X.Xx
Tectonic Therapeutic	$439M	$X.XB	—	X.Xx	X.Xx
Assembly Biosciences	$438M	$X.XB	$34M	X.Xx	X.Xx
Verastem	$436M	$X.XB	$46M	X.Xx	X.Xx
Cuorips	$433M	$X.XB	$1M	X.Xx	X.Xx
PepGen	$428M	$X.XB	—	X.Xx	X.Xx
Immix Biopharma	$427M	$X.XB	—	X.Xx	X.Xx
Ever Supreme Bio Technology	$424M	$X.XB	$34M	X.Xx	X.Xx
Anavex Life Sciences	$420M	$X.XB	—	X.Xx	X.Xx
Keros Therapeutics	$420M	$X.XB	$200M	X.Xx	X.Xx
Armata Pharmaceuticals	$416M	$X.XB	$4M	X.Xx	X.Xx
Upstream Bio	$415M	$X.XB	$2M	X.Xx	X.Xx
Swedencare	$415M	$X.XB	$305M	X.Xx	X.Xx
DiaMedica	$413M	$X.XB	—	X.Xx	X.Xx
Tanvex BioPharma	$408M	$X.XB	—	X.Xx	X.Xx
Nextbiomedical Co	$405M	$X.XB	$12M	X.Xx	X.Xx
PureTech Health	$400M	$X.XB	—	X.Xx	X.Xx
Absci	$399M	$X.XB	$6M	X.Xx	X.Xx
Bicycle Therapeutics	$397M	$X.XB	$32M	X.Xx	X.Xx
Autolus Therapeutics	$395M	$X.XB	$87M	X.Xx	X.Xx
Immutep	$390M	$X.XB	$14M	X.Xx	X.Xx
Senores Pharmaceuticals	$387M	$X.XB	$68M	X.Xx	X.Xx
Greenwich LifeSciences	$384M	$X.XB	—	X.Xx	X.Xx
Forte Biosciences	$384M	$X.XB	—	X.Xx	X.Xx
Cellectis	$384M	$X.XB	$74M	X.Xx	X.Xx
Organogenesis	$380M	$X.XB	$532M	X.Xx	X.Xx
LENZ Therapeutics	$377M	$X.XB	$25M	X.Xx	X.Xx
Monopar Therapeutics	$373M	$X.XB	—	X.Xx	X.Xx
Benitec Biopharma	$371M	$X.XB	—	X.Xx	X.Xx
Medigen Vaccine Biologics	$369M	$X.XB	—	X.Xx	X.Xx
Atea Pharmaceuticals	$366M	$X.XB	—	X.Xx	X.Xx
Aura Biosciences	$362M	$X.XB	—	X.Xx	X.Xx
Duopharma Biotech	$361M	$X.XB	$239M	X.Xx	X.Xx
Avacta Group	$361M	$X.XB	$61K	X.Xx	X.Xx
Recbio	$360M	$X.XB	—	X.Xx	X.Xx
Candel Therapeutics	$355M	$X.XB	—	X.Xx	X.Xx
Relmada Therapeutics	$354M	$X.XB	—	X.Xx	X.Xx
ProKidney	$350M	$X.XB	$482K	X.Xx	X.Xx
Clinuvel Pharmaceuticals	$350M	$X.XB	$67M	X.Xx	X.Xx
Julphar	$349M	$X.XB	$290M	X.Xx	X.Xx
Northwest Biotherapeutics	$347M	$X.XB	—	X.Xx	X.Xx
Hansa Biopharma	$345M	$X.XB	$26M	X.Xx	X.Xx
Crescent Biopharma	$345M	$X.XB	$10M	X.Xx	X.Xx
Neurogene	$343M	$X.XB	—	X.Xx	X.Xx
Sutro Biopharma	$340M	$X.XB	$87M	X.Xx	X.Xx
Avalo Therapeutics	$340M	$X.XB	—	X.Xx	X.Xx
Foghorn Therapeutics	$333M	$X.XB	$32M	X.Xx	X.Xx
Adlai Nortye	$332M	$X.XB	$8M	X.Xx	X.Xx
Aclaris Therapeutics	$331M	$X.XB	$7M	X.Xx	X.Xx
Cybin	$330M	$X.XB	—	X.Xx	X.Xx
Antibiotice	$328M	$X.XB	—	X.Xx	X.Xx
Binex	$327M	$X.XB	$126M	X.Xx	X.Xx
XOMA Royalty	$325M	$X.XB	$52M	X.Xx	X.Xx
Immuneering	$323M	$X.XB	—	X.Xx	X.Xx
Puma Biotechnology	$323M	$X.XB	$207M	X.Xx	X.Xx
Protara Therapeutics	$320M	$X.XB	—	X.Xx	X.Xx
Cabaletta Bio	$318M	$X.XB	—	X.Xx	X.Xx
Celon Pharma	$318M	$X.XB	$68M	X.Xx	X.Xx
Akebia Therapeutics	$317M	$X.XB	$235M	X.Xx	X.Xx
CytoDyn	$313M	$X.XB	—	X.Xx	X.Xx
Aldeyra Therapeutics	$313M	$X.XB	$13M	X.Xx	X.Xx
Flerie	$307M	$X.XB	—	X.Xx	X.Xx
S Biomedics	$306M	$X.XB	$12M	X.Xx	X.Xx
Vicore Pharma Holding	$304M	$X.XB	$444K	X.Xx	X.Xx
Amarin Corp	$302M	$X.XB	$206M	X.Xx	X.Xx
Dishman Carbogen Amics	$301M	$X.XB	—	X.Xx	X.Xx
Rezolute	$300M	$X.XB	—	X.Xx	X.Xx
C4 Therapeutics	$300M	$X.XB	$33M	X.Xx	X.Xx
Shattuck Labs	$299M	$X.XB	$811K	X.Xx	X.Xx
Opus Genetics	$299M	$X.XB	$14M	X.Xx	X.Xx
X4 Pharmaceuticals	$297M	$X.XB	$30M	X.Xx	X.Xx
Pyridam Farma	$295M	$X.XB	—	X.Xx	X.Xx
Biofarm	$295M	$X.XB	—	X.Xx	X.Xx
Santhera Pharma	$290M	$X.XB	$101M	X.Xx	X.Xx
Fennec Pharmaceuticals	$286M	$X.XB	$52M	X.Xx	X.Xx
AC Immune	$286M	$X.XB	$11M	X.Xx	X.Xx
Transgene	$283M	$X.XB	$11M	X.Xx	X.Xx
Heartseed	$282M	$X.XB	$16M	X.Xx	X.Xx
ALX Oncology	$277M	$X.XB	—	X.Xx	X.Xx
Oryzon Genomics	$268M	$X.XB	$657K	X.Xx	X.Xx
Journey Medical	$267M	$X.XB	$71M	X.Xx	X.Xx
Abeona Therapeutics	$263M	$X.XB	$23M	X.Xx	X.Xx
Animalcare Group	$257M	$X.XB	$121M	X.Xx	X.Xx
Kala Bio	$255M	$X.XB	—	X.Xx	X.Xx
Ourofino	$251M	$X.XB	—	X.Xx	X.Xx
Acepodia	$249M	$X.XB	—	X.Xx	X.Xx
Sol-Gel Technologies	$249M	$X.XB	$21M	X.Xx	X.Xx
OmniAb	$248M	$X.XB	$20M	X.Xx	X.Xx
Coherus Oncology	$248M	$X.XB	$51M	X.Xx	X.Xx
Silence Therapeutics	$248M	$X.XB	$1M	X.Xx	X.Xx
Lavipharm	$247M	$X.XB	—	X.Xx	X.Xx
Achieve Life Sciences	$246M	$X.XB	$3M	X.Xx	X.Xx
Medeze Group	$243M	$X.XB	$24M	X.Xx	X.Xx
Reig Jofré	$242M	$X.XB	$387M	X.Xx	X.Xx
Saniona	$241M	$X.XB	—	X.Xx	X.Xx
Nuvectis Pharma	$239M	$X.XB	—	X.Xx	X.Xx
Surrozen	$239M	$X.XB	$1M	X.Xx	X.Xx
Elicio Therapeutics	$239M	$X.XB	—	X.Xx	X.Xx
Adimmune	$239M	$X.XB	—	X.Xx	X.Xx
Context Therapeutics	$238M	$X.XB	—	X.Xx	X.Xx
Alector	$238M	$X.XB	$24M	X.Xx	X.Xx
Arcturus Therapeutics	$234M	$X.XB	$74M	X.Xx	X.Xx
Camp4 Therapeutics	$233M	$X.XB	$4M	X.Xx	X.Xx
Voyager Therapeutics	$231M	$X.XB	$44M	X.Xx	X.Xx
BGM Group	$227M	$X.XB	—	X.Xx	X.Xx
Protalix	$224M	$X.XB	$65M	X.Xx	X.Xx
MediWound	$223M	$X.XB	$18M	X.Xx	X.Xx
Century Therapeutics	$223M	$X.XB	$89M	X.Xx	X.Xx
Hyloris Pharmaceuticals	$221M	$X.XB	$12M	X.Xx	X.Xx
AFT Pharmaceuticals	$221M	$X.XB	$149M	X.Xx	X.Xx
Diamyd Medical	$218M	$X.XB	$13M	X.Xx	X.Xx
Sensorion	$215M	$X.XB	$14M	X.Xx	X.Xx
Humacyte	$215M	$X.XB	$7M	X.Xx	X.Xx
Searle Co.	$215M	$X.XB	—	X.Xx	X.Xx
NeOnc	$214M	$X.XB	—	X.Xx	X.Xx
Cereno Scientific	$213M	$X.XB	—	X.Xx	X.Xx
Mycenax Biotech	$212M	$X.XB	$25M	X.Xx	X.Xx
Editas Medicine	$209M	$X.XB	$35M	X.Xx	X.Xx
Heron Therapeutics	$207M	$X.XB	$159M	X.Xx	X.Xx
Acumen Pharmaceuticals	$200M	$X.XB	—	X.Xx	X.Xx
Eledon Pharmaceuticals	$200M	$X.XB	—	X.Xx	X.Xx
Dimerix	$199M	$X.XB	$10M	X.Xx	X.Xx
Galectin Therapeutics	$197M	$X.XB	—	X.Xx	X.Xx
Egetis Therapeutics	$195M	$X.XB	$16M	X.Xx	X.Xx
Compugen	$191M	$X.XB	$62M	X.Xx	X.Xx
Guerbet	$189M	$X.XB	$908M	X.Xx	X.Xx
Molecular Partners	$189M	$X.XB	$3M	X.Xx	X.Xx
SAB Bio	$187M	$X.XB	—	X.Xx	X.Xx
Tiziana Life Sciences	$184M	$X.XB	—	X.Xx	X.Xx
BioVersys	$182M	$X.XB	$4M	X.Xx	X.Xx
EQL Pharma	$181M	$X.XB	$46M	X.Xx	X.Xx
Scancell	$181M	$X.XB	$2M	X.Xx	X.Xx
Orthocell	$180M	$X.XB	$9M	X.Xx	X.Xx
Cartesian Therapeutics	$179M	$X.XB	$2M	X.Xx	X.Xx
Tonix Pharmaceuticals	$179M	$X.XB	$25M	X.Xx	X.Xx
Sagimet Biosciences	$178M	$X.XB	$57K	X.Xx	X.Xx
PhotoCure	$177M	$X.XB	$58M	X.Xx	X.Xx
Karyopharm Therapeutics	$176M	$X.XB	$145M	X.Xx	X.Xx
CHO Pharma	$176M	$X.XB	—	X.Xx	X.Xx
Nkarta	$175M	$X.XB	—	X.Xx	X.Xx
Savior Lifetec	$175M	$X.XB	—	X.Xx	X.Xx
Prelude Therapeutics	$170M	$X.XB	$24M	X.Xx	X.Xx
Kalaris Therapeutics	$169M	$X.XB	—	X.Xx	X.Xx
Fate Therapeutics	$169M	$X.XB	$7M	X.Xx	X.Xx
Panion & Bf Biotech	$166M	$X.XB	—	X.Xx	X.Xx
ProQR Therapeutics	$165M	$X.XB	$19M	X.Xx	X.Xx
Biomm	$165M	$X.XB	—	X.Xx	X.Xx
Ryvu Therapeutics	$161M	$X.XB	$33M	X.Xx	X.Xx
Caribou Biosciences	$160M	$X.XB	$13M	X.Xx	X.Xx
Innate Pharma	$158M	$X.XB	$21M	X.Xx	X.Xx
BioInvent International	$157M	$X.XB	$29M	X.Xx	X.Xx
Kotra Industries	$156M	$X.XB	$55M	X.Xx	X.Xx
Heidelberg Pharma	$155M	$X.XB	$10M	X.Xx	X.Xx
Zentalis Pharma	$155M	$X.XB	—	X.Xx	X.Xx
Maat Pharma	$154M	$X.XB	$13M	X.Xx	X.Xx
Whitehawk Therapeutics	$154M	$X.XB	$6M	X.Xx	X.Xx
Unicycive	$152M	$X.XB	$39M	X.Xx	X.Xx
Adocia	$150M	$X.XB	$11M	X.Xx	X.Xx
Vaxcell-Bio	$148M	$X.XB	—	X.Xx	X.Xx
Prestige Biologics	$148M	$X.XB	—	X.Xx	X.Xx
Corbus Pharmaceuticals	$147M	$X.XB	$473K	X.Xx	X.Xx
Sangamo Therapeutics	$146M	$X.XB	$64M	X.Xx	X.Xx
Mersana Therapeutics	$145M	$X.XB	—	X.Xx	X.Xx
vTv Therapeutics	$143M	$X.XB	$756K	X.Xx	X.Xx
Artiva Biotherapeutics	$142M	$X.XB	—	X.Xx	X.Xx
Adagene	$140M	$X.XB	—	X.Xx	X.Xx
Mayne Pharma Group	$139M	$X.XB	$280M	X.Xx	X.Xx
Shield Therapeutics	$139M	$X.XB	$55M	X.Xx	X.Xx
Connect Biopharma	$138M	$X.XB	$1M	X.Xx	X.Xx
Tetratherix	$137M	$X.XB	$986K	X.Xx	X.Xx
Abionyx Pharma	$137M	$X.XB	$5M	X.Xx	X.Xx
Milestone Pharmaceuticals	$136M	$X.XB	$7M	X.Xx	X.Xx
Oramed Pharmaceuticals	$136M	$X.XB	$2M	X.Xx	X.Xx
Cardiff Oncology	$135M	$X.XB	$545K	X.Xx	X.Xx
Rani Therapeutics	$132M	$X.XB	$5M	X.Xx	X.Xx
Spero Therapeutics	$129M	$X.XB	—	X.Xx	X.Xx
Zomedica	$129M	$X.XB	—	X.Xx	X.Xx
Easywell Biomedicals	$128M	$X.XB	—	X.Xx	X.Xx
Immunic	$128M	$X.XB	—	X.Xx	X.Xx
Starpharma	$127M	$X.XB	$3M	X.Xx	X.Xx
Alpha Cognition	$126M	$X.XB	$13M	X.Xx	X.Xx
Aardvark Therapeutics	$126M	$X.XB	—	X.Xx	X.Xx
Curatis Holding	$123M	$X.XB	—	X.Xx	X.Xx
Macrogenics	$123M	$X.XB	$140M	X.Xx	X.Xx
Captor Therapeutics	$122M	$X.XB	$4M	X.Xx	X.Xx
Tenaya Therapeutics	$122M	$X.XB	—	X.Xx	X.Xx
Cantargia	$121M	$X.XB	$29M	X.Xx	X.Xx
Genelux	$120M	$X.XB	—	X.Xx	X.Xx
Inovio Pharmaceuticals	$119M	$X.XB	$3M	X.Xx	X.Xx
Ovid Therapeutics	$119M	$X.XB	$5M	X.Xx	X.Xx
Hamlet BioPharma	$118M	$X.XB	—	X.Xx	X.Xx
StemRIM	$118M	$X.XB	—	X.Xx	X.Xx
Equillium	$118M	$X.XB	—	X.Xx	X.Xx
Bioceltix	$117M	$X.XB	—	X.Xx	X.Xx
Black Diamond Therapeutics	$117M	$X.XB	$59M	X.Xx	X.Xx
Agenus	$116M	$X.XB	$122M	X.Xx	X.Xx
XSpray Pharma	$115M	$X.XB	$2M	X.Xx	X.Xx
Cardiol Therapeutics	$115M	$X.XB	—	X.Xx	X.Xx
Oncolytics Biotech	$115M	$X.XB	$162K	X.Xx	X.Xx
Precision BioSciences	$115M	$X.XB	$10M	X.Xx	X.Xx
Naturland Holding	$115M	$X.XB	—	X.Xx	X.Xx
OSE Immunotherapeutics	$110M	$X.XB	$24M	X.Xx	X.Xx
Darya-Varia Laboratoria	$109M	$X.XB	—	X.Xx	X.Xx
SynAct Pharma	$109M	$X.XB	—	X.Xx	X.Xx
Cassava Sciences	$107M	$X.XB	—	X.Xx	X.Xx
Recce Pharmaceuticals	$105M	$X.XB	$4M	X.Xx	X.Xx
Coya Therapeutics	$103M	$X.XB	$5M	X.Xx	X.Xx
Fortress Biotech	$103M	$X.XB	$80M	X.Xx	X.Xx
Vistin Pharma	$102M	$X.XB	—	X.Xx	X.Xx
Nykode Therapeutics	$101M	$X.XB	—	X.Xx	X.Xx
Orexo	$101M	$X.XB	$3M	X.Xx	X.Xx
Vytrus Biotech	$101M	$X.XB	—	X.Xx	X.Xx
Gossamer Bio	$99M	$X.XB	$39M	X.Xx	X.Xx
AB Science	$99M	$X.XB	$1M	X.Xx	X.Xx
Citius Oncology	$99M	$X.XB	$17M	X.Xx	X.Xx
Gain Therapeutics	$99M	$X.XB	—	X.Xx	X.Xx
Anixa Biosciences	$99M	$X.XB	—	X.Xx	X.Xx
Bioton	$99M	$X.XB	—	X.Xx	X.Xx
Laboratorios Richmond	$97M	$X.XB	—	X.Xx	X.Xx
Biomea Fusion	$97M	$X.XB	—	X.Xx	X.Xx
Dogwood Therapeutics	$95M	$X.XB	—	X.Xx	X.Xx
aTyr Pharma	$95M	$X.XB	$154K	X.Xx	X.Xx
BioStem Technologies	$95M	$X.XB	—	X.Xx	X.Xx
Eurofins-Cerep	$92M	$X.XB	—	X.Xx	X.Xx
Pyxis Oncology	$92M	$X.XB	$2M	X.Xx	X.Xx
Cognition Therapeutics	$92M	$X.XB	—	X.Xx	X.Xx
Actinogen Medical	$91M	$X.XB	$3M	X.Xx	X.Xx
Eco Animal Health Group	$91M	$X.XB	$112M	X.Xx	X.Xx
OKYO Pharma	$91M	$X.XB	—	X.Xx	X.Xx
PMV Pharma	$90M	$X.XB	—	X.Xx	X.Xx
Cinclus Pharma Holding	$88M	$X.XB	$12M	X.Xx	X.Xx
Botanix Pharmaceuticals	$87M	$X.XB	$20M	X.Xx	X.Xx
TuHURA Biosciences	$86M	$X.XB	—	X.Xx	X.Xx
Valerio Therapeutics	$86M	$X.XB	—	X.Xx	X.Xx
Verrica Pharmaceuticals	$85M	$X.XB	$34M	X.Xx	X.Xx
Seres Therapeutics	$83M	$X.XB	$216K	X.Xx	X.Xx
Faron Pharmaceuticals	$81M	$X.XB	$2K	X.Xx	X.Xx
Replek	$80M	$X.XB	—	X.Xx	X.Xx
Pliant Therapeutics	$79M	$X.XB	—	X.Xx	X.Xx
Paradigm Biopharma	$78M	$X.XB	$5M	X.Xx	X.Xx
Assertio Therapeutics	$77M	$X.XB	$111M	X.Xx	X.Xx
PolyPid	$77M	$X.XB	—	X.Xx	X.Xx
Lytix Biopharma	$75M	$X.XB	$404K	X.Xx	X.Xx
Synthaverse	$74M	$X.XB	$13M	X.Xx	X.Xx
IBT	$74M	$X.XB	—	X.Xx	X.Xx
Fractyl Health	$72M	$X.XB	—	X.Xx	X.Xx
XBiotech	$71M	$X.XB	—	X.Xx	X.Xx
MediciNova	$71M	$X.XB	$332M	X.Xx	X.Xx
Corestemchemon	$71M	$X.XB	—	X.Xx	X.Xx
Annovis Bio	$71M	$X.XB	—	X.Xx	X.Xx
Adicet Bio	$70M	$X.XB	—	X.Xx	X.Xx
Medivir	$70M	$X.XB	$843K	X.Xx	X.Xx
Actuate Therapeutics	$67M	$X.XB	—	X.Xx	X.Xx
Nanexa	$67M	$X.XB	—	X.Xx	X.Xx
Arovella Therapeutics	$66M	$X.XB	$88K	X.Xx	X.Xx
Oncocross	$65M	$X.XB	—	X.Xx	X.Xx
Herantis Pharma	$64M	$X.XB	$12K	X.Xx	X.Xx
Dicot Pharma	$64M	$X.XB	—	X.Xx	X.Xx
Q32 Bio	$64M	$X.XB	—	X.Xx	X.Xx
Entera Bio	$63M	$X.XB	$42K	X.Xx	X.Xx
Türk İlaç	$63M	$X.XB	—	X.Xx	X.Xx
Grace Therapeutics	$63M	$X.XB	—	X.Xx	X.Xx
BeyondSpring	$63M	$X.XB	—	X.Xx	X.Xx
Mereo BioPharma Group	$63M	$X.XB	$10M	X.Xx	X.Xx
LTR Pharma	$63M	$X.XB	—	X.Xx	X.Xx
InflaRx	$62M	$X.XB	$77K	X.Xx	X.Xx
TScan Therapeutics	$61M	$X.XB	$10M	X.Xx	X.Xx
Circio Holding	$61M	$X.XB	—	X.Xx	X.Xx
NRX Pharmaceuticals	$60M	$X.XB	$31M	X.Xx	X.Xx
Cynata Therapeutics	$59M	$X.XB	$5M	X.Xx	X.Xx
Instil Bio	$58M	$X.XB	—	X.Xx	X.Xx
Scilex Holding	$57M	$X.XB	—	X.Xx	X.Xx
Nicox	$57M	$X.XB	$20M	X.Xx	X.Xx
ImmuCell	$56M	$X.XB	—	X.Xx	X.Xx
Procaps Group	$56M	$X.XB	—	X.Xx	X.Xx
Rallybio	$55M	$X.XB	$568K	X.Xx	X.Xx
Medicenna Therapeutics	$55M	$X.XB	—	X.Xx	X.Xx
Pentixapharm Holding	$54M	$X.XB	—	X.Xx	X.Xx
Mira Pharmaceuticals	$54M	$X.XB	—	X.Xx	X.Xx
Kezar Life Sciences	$54M	$X.XB	—	X.Xx	X.Xx
THX Pharma	$53M	$X.XB	—	X.Xx	X.Xx
Cantourage Group	$53M	$X.XB	$109M	X.Xx	X.Xx
ProMIS Neurosciences	$52M	$X.XB	—	X.Xx	X.Xx
Moberg Pharma	$52M	$X.XB	$2M	X.Xx	X.Xx
MiNK Therapeutics	$51M	$X.XB	—	X.Xx	X.Xx
Tevogen Bio	$50M	$X.XB	—	X.Xx	X.Xx
Cessatech	$50M	$X.XB	—	X.Xx	X.Xx
J. Molner	$49M	$X.XB	—	X.Xx	X.Xx
Imugene	$49M	$X.XB	$3M	X.Xx	X.Xx
Vicapsys	$49M	$X.XB	—	X.Xx	X.Xx
Acrivon Therapeutics	$48M	$X.XB	$366K	X.Xx	X.Xx
Oncopeptides	$48M	$X.XB	$10M	X.Xx	X.Xx
Incannex	$48M	$X.XB	$86K	X.Xx	X.Xx
Vivoryon Therapeutics	$48M	$X.XB	—	X.Xx	X.Xx
Estrella Immunopharma	$46M	$X.XB	—	X.Xx	X.Xx
Prescient Therapeutics	$45M	$X.XB	—	X.Xx	X.Xx
Intercure	$45M	$X.XB	—	X.Xx	X.Xx
Lipocine	$45M	$X.XB	$886K	X.Xx	X.Xx
SyntekaBio	$45M	$X.XB	—	X.Xx	X.Xx
NextCure	$45M	$X.XB	—	X.Xx	X.Xx
Corline Biomedical	$44M	$X.XB	$2M	X.Xx	X.Xx
Telomir Pharmaceuticals	$44M	$X.XB	—	X.Xx	X.Xx
Aligos Therapeutics	$43M	$X.XB	$2M	X.Xx	X.Xx
Amplia Therapeutics	$43M	$X.XB	—	X.Xx	X.Xx
OnKure Therapeutics	$43M	$X.XB	$126K	X.Xx	X.Xx
Atossa Therapeutics	$42M	$X.XB	—	X.Xx	X.Xx
Molecure	$42M	$X.XB	$2M	X.Xx	X.Xx
Veru	$41M	$X.XB	—	X.Xx	X.Xx
Ascelia Pharma	$40M	$X.XB	$2M	X.Xx	X.Xx
Xilio Therapeutics	$40M	$X.XB	—	X.Xx	X.Xx
Jasper Therapeutics	$39M	$X.XB	—	X.Xx	X.Xx
Atara Biotherapeutics	$38M	$X.XB	$104M	X.Xx	X.Xx
Lisata Therapeutics	$38M	$X.XB	—	X.Xx	X.Xx
Zhengye Biotechnology	$38M	$X.XB	—	X.Xx	X.Xx
Radiopharm Theranostics	$38M	$X.XB	$2M	X.Xx	X.Xx
Tvardi Therapeutics	$38M	$X.XB	—	X.Xx	X.Xx
Labiana Health	$38M	$X.XB	$88M	X.Xx	X.Xx
Marinomed Biotech	$37M	$X.XB	—	X.Xx	X.Xx
FibroGen	$36M	$X.XB	$7M	X.Xx	X.Xx
Outlook Therapeutics	$36M	$X.XB	$9M	X.Xx	X.Xx
Generation Bio	$36M	$X.XB	$9M	X.Xx	X.Xx
PDS Biotechnology	$36M	$X.XB	—	X.Xx	X.Xx
Pluri	$35M	$X.XB	—	X.Xx	X.Xx
Jiangsu Wuzhong Pharmaceutical	$35M	$X.XB	—	X.Xx	X.Xx
Mabion	$35M	$X.XB	—	X.Xx	X.Xx
BioXcel Therapeutics	$35M	$X.XB	$741K	X.Xx	X.Xx
INmune Bio	$35M	$X.XB	$61K	X.Xx	X.Xx
Advicenne	$35M	$X.XB	$7M	X.Xx	X.Xx
Celularity	$35M	$X.XB	—	X.Xx	X.Xx
Neurizon Therapeutics	$34M	$X.XB	—	X.Xx	X.Xx
Lipum	$33M	$X.XB	—	X.Xx	X.Xx
Elicera Therapeutics	$32M	$X.XB	—	X.Xx	X.Xx
SCYNEXIS	$32M	$X.XB	$21M	X.Xx	X.Xx
Poltreg	$32M	$X.XB	$1M	X.Xx	X.Xx
Lantern Pharma	$31M	$X.XB	—	X.Xx	X.Xx
Rein Therapeutics	$31M	$X.XB	—	X.Xx	X.Xx
Tempest Therapeutics	$31M	$X.XB	—	X.Xx	X.Xx
AN2 Therapeutics	$30M	$X.XB	—	X.Xx	X.Xx
Werewolf Therapeutics	$29M	$X.XB	—	X.Xx	X.Xx
Karolinska Development	$29M	$X.XB	—	X.Xx	X.Xx
RenovoRx	$29M	$X.XB	$2M	X.Xx	X.Xx
Passage Bio	$29M	$X.XB	—	X.Xx	X.Xx
Mendus	$28M	$X.XB	$411K	X.Xx	X.Xx
NeuroSense Therapeutics	$28M	$X.XB	$202K	X.Xx	X.Xx
Reviva Pharmaceuticals	$28M	$X.XB	—	X.Xx	X.Xx
FibroBiologics	$28M	$X.XB	—	X.Xx	X.Xx
Evaxion	$27M	$X.XB	$8M	X.Xx	X.Xx
Cue Biopharma	$26M	$X.XB	$5M	X.Xx	X.Xx
Boundless Bio	$26M	$X.XB	—	X.Xx	X.Xx
Barinthus Biotherapeutics	$25M	$X.XB	—	X.Xx	X.Xx
IO Biotech	$24M	$X.XB	—	X.Xx	X.Xx
Vistagen Therapeutics	$24M	$X.XB	$1M	X.Xx	X.Xx
Skye Bioscience	$24M	$X.XB	—	X.Xx	X.Xx
AlzeCure Pharma	$23M	$X.XB	—	X.Xx	X.Xx
Marker Therapeutics	$23M	$X.XB	$3M	X.Xx	X.Xx
Dare Bioscience	$23M	$X.XB	$6M	X.Xx	X.Xx
Initiator Pharma	$23M	$X.XB	—	X.Xx	X.Xx
Genenta Science	$23M	$X.XB	—	X.Xx	X.Xx
Intervacc	$23M	$X.XB	$3M	X.Xx	X.Xx
Argenica Therapeutics	$23M	$X.XB	$14M	X.Xx	X.Xx
DexTech Medical	$23M	$X.XB	—	X.Xx	X.Xx
Nanogroup	$22M	$X.XB	—	X.Xx	X.Xx
Aelis Farma	$22M	$X.XB	—	X.Xx	X.Xx
Gensight Biologics	$22M	$X.XB	$4M	X.Xx	X.Xx
Isofol Medical	$22M	$X.XB	—	X.Xx	X.Xx
Arterra Bioscience	$21M	$X.XB	—	X.Xx	X.Xx
Sprint Bioscience	$21M	$X.XB	$17M	X.Xx	X.Xx
Klaria Pharma Holding	$20M	$X.XB	—	X.Xx	X.Xx
VYNE Therapeutics	$20M	$X.XB	$553K	X.Xx	X.Xx
Oncoinvent	$20M	$X.XB	$3M	X.Xx	X.Xx
Intensity Therapeutics	$20M	$X.XB	—	X.Xx	X.Xx
Wellgistics Health	$19M	$X.XB	—	X.Xx	X.Xx
Xintela	$19M	$X.XB	$450K	X.Xx	X.Xx
Celyad Oncology	$19M	$X.XB	—	X.Xx	X.Xx
Biofrontera	$19M	$X.XB	—	X.Xx	X.Xx
Anebulo Pharmaceuticals	$19M	$X.XB	—	X.Xx	X.Xx
BioAtla	$18M	$X.XB	—	X.Xx	X.Xx
Citius Pharmaceuticals	$18M	$X.XB	$37M	X.Xx	X.Xx
Biotechnology Assets	$18M	$X.XB	—	X.Xx	X.Xx
Pharma Equity Group	$18M	$X.XB	—	X.Xx	X.Xx
CASI Pharmaceuticals	$17M	$X.XB	$11M	X.Xx	X.Xx
Lexaria Bioscience	$17M	$X.XB	$438K	X.Xx	X.Xx
Magle Chemoswed Holding	$17M	$X.XB	—	X.Xx	X.Xx
AcuCort	$17M	$X.XB	$172K	X.Xx	X.Xx
NFL Biosciences	$17M	$X.XB	—	X.Xx	X.Xx
NextCell Pharma	$16M	$X.XB	$2M	X.Xx	X.Xx
Poxel	$16M	$X.XB	—	X.Xx	X.Xx
Jupiter Neurosciences	$16M	$X.XB	—	X.Xx	X.Xx
Curis	$15M	$X.XB	$12M	X.Xx	X.Xx
Active Biotech	$15M	$X.XB	$442K	X.Xx	X.Xx
SoftOx Solutions	$15M	$X.XB	—	X.Xx	X.Xx
IRLAB Therapeutics	$14M	$X.XB	$8M	X.Xx	X.Xx
Quantum BioPharma	$14M	$X.XB	—	X.Xx	X.Xx
Xbrane Biopharma	$14M	$X.XB	$17M	X.Xx	X.Xx
Abera Bioscience	$13M	$X.XB	—	X.Xx	X.Xx
BioLineRx	$13M	$X.XB	$2M	X.Xx	X.Xx
Biogened	$13M	$X.XB	—	X.Xx	X.Xx
Medicon Hellas	$13M	$X.XB	—	X.Xx	X.Xx
Chemomab Therapeutics	$12M	$X.XB	—	X.Xx	X.Xx
Annexin Pharmaceuticals	$12M	$X.XB	$2M	X.Xx	X.Xx
Longeveron	$12M	$X.XB	$901K	X.Xx	X.Xx
Cellectar Biosciences	$12M	$X.XB	—	X.Xx	X.Xx
Exact Therapeutics	$11M	$X.XB	—	X.Xx	X.Xx
Alligator Bioscience	$11M	$X.XB	$244K	X.Xx	X.Xx
Akari Therapeutics	$11M	$X.XB	—	X.Xx	X.Xx
Oncodesign Precision Medicine	$11M	$X.XB	—	X.Xx	X.Xx
Coegin Pharm	$10M	$X.XB	—	X.Xx	X.Xx
Biosergen	$10M	$X.XB	—	X.Xx	X.Xx
Futura Medical	$10M	$X.XB	$2M	X.Xx	X.Xx
OncoZenge	$9M	$X.XB	—	X.Xx	X.Xx
Iterum Therapeutics	$9M	$X.XB	$2M	X.Xx	X.Xx
Stenocare	$9M	$X.XB	—	X.Xx	X.Xx
CalciMedica	$9M	$X.XB	—	X.Xx	X.Xx
Addex Therapeutics	$9M	$X.XB	—	X.Xx	X.Xx
Bolt Biotherapeutics	$9M	$X.XB	$5M	X.Xx	X.Xx
Opsy Holding	$9M	$X.XB	—	X.Xx	X.Xx
Medicofarma Biotech	$9M	$X.XB	—	X.Xx	X.Xx
Spago Nanomedical	$8M	$X.XB	—	X.Xx	X.Xx
Gelteq	$8M	$X.XB	—	X.Xx	X.Xx
Liminatus Pharma	$8M	$X.XB	—	X.Xx	X.Xx
ODI Pharma	$8M	$X.XB	—	X.Xx	X.Xx
Pure Biologics	$8M	$X.XB	—	X.Xx	X.Xx
TME Pharma	$7M	$X.XB	—	X.Xx	X.Xx
Chosa Oncology	$7M	$X.XB	—	X.Xx	X.Xx
Alzinova	$7M	$X.XB	—	X.Xx	X.Xx
Quince Therapeutics	$7M	$X.XB	—	X.Xx	X.Xx
Instituto Rosenbusch	$6M	$X.XB	—	X.Xx	X.Xx
Pila Pharma	$6M	$X.XB	—	X.Xx	X.Xx
Aton	$6M	$X.XB	—	X.Xx	X.Xx
ExpreS2ion Biotech	$6M	$X.XB	—	X.Xx	X.Xx
Vivesto	$6M	$X.XB	—	X.Xx	X.Xx
Genxone	$5M	$X.XB	—	X.Xx	X.Xx
MetaVia	$5M	$X.XB	—	X.Xx	X.Xx
Institute of Biomedical	$5M	$X.XB	—	X.Xx	X.Xx
JFL Life Sciences	$4M	$X.XB	—	X.Xx	X.Xx
Acurx Pharmaceuticals	$4M	$X.XB	—	X.Xx	X.Xx
Modus Therapeutics	$4M	$X.XB	—	X.Xx	X.Xx
Geovax Labs	$4M	$X.XB	$2M	X.Xx	X.Xx
Newbury Pharmaceuticals	$4M	$X.XB	—	X.Xx	X.Xx
Guard Therapeutics	$4M	$X.XB	—	X.Xx	X.Xx
Strategic Partners	$4M	$X.XB	—	X.Xx	X.Xx
Cannabis Poland	$3M	$X.XB	—	X.Xx	X.Xx
Double Bond	$3M	$X.XB	—	X.Xx	X.Xx
Biophytis	$2M	$X.XB	$2M	X.Xx	X.Xx
Redwood Scientific Technologies	$2M	$X.XB	—	X.Xx	X.Xx
Aptahem	$2M	$X.XB	—	X.Xx	X.Xx
Nextgen Biomed	$2M	$X.XB	—	X.Xx	X.Xx
Biosenic	$2M	$X.XB	—	X.Xx	X.Xx
HCW Biologics	$2M	$X.XB	$27K	X.Xx	X.Xx
China SXT Pharmaceuticals	$2M	$X.XB	—	X.Xx	X.Xx
Reboost Blockchain	$1M	$X.XB	—	X.Xx	X.Xx
PharmaLundensis	$1M	$X.XB	—	X.Xx	X.Xx
Cannovum Cannabis	$1M	$X.XB	—	X.Xx	X.Xx
Stayble Therapeutics	$1M	$X.XB	—	X.Xx	X.Xx
Respiratorius	$1M	$X.XB	—	X.Xx	X.Xx
GeNeuro	$1M	$X.XB	—	X.Xx	X.Xx
Nidhogg Resources Holding	$1M	$X.XB	—	X.Xx	X.Xx
Gabather	$918K	$X.XB	—	X.Xx	X.Xx
PCI Biotech Holding	$581K	$X.XB	—	X.Xx	X.Xx
Altamira Therapeutics	$572K	$X.XB	—	X.Xx	X.Xx
Oxurion	$452K	$X.XB	—	X.Xx	X.Xx
Lidds	$371K	$X.XB	—	X.Xx	X.Xx
Lipigon Pharmaceuticals	$327K	$X.XB	—	X.Xx	X.Xx
bioXXmed	$270K	$X.XB	—	X.Xx	X.Xx
DanCann Pharma	$90K	$X.XB	—	X.Xx	X.Xx
Itoco	$41K	$X.XB	—	X.Xx	X.Xx
Neovacs	$1K	$X.XB	—	X.Xx	X.Xx
Mural Oncology	—	$X.XB	—	X.Xx	X.Xx
QUIA PHARMA	—	$X.XB	—	X.Xx	X.Xx
Adverum Biotechnologies	—	$X.XB	$1M	X.Xx	X.Xx
Relief Therapeutics	—	$X.XB	—	X.Xx	X.Xx
Akero Therapeutics	—	$X.XB	—	X.Xx	X.Xx
Clearside Biomedical	—	$X.XB	—	X.Xx	X.Xx
GridAI Technologies	—	$X.XB	—	X.Xx	X.Xx