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	$950B	15.5x	35.2x
Johnson & Johnson	$499B	5.4x	14.2x
AbbVie	$474B	7.8x	18.5x
Roche	$311B	4.1x	10.3x
AstraZeneca	$301B	5.2x	14.9x
Novartis	$274B	5.0x	12.1x
Merck & Co	$254B	3.9x	8.7x
Amgen	$226B	6.3x	12.4x
Novo Nordisk	$224B	4.7x	9.7x
Pfizer	$188B	3.0x	7.6x
Gilead Sciences	$173B	5.9x	11.2x
Sanofi	$134B	2.6x	8.6x
Bristol-Myers Squibb	$130B	2.7x	7.6x
GSK	$113B	2.7x	7.9x
Vertex Pharmaceuticals	$106B	8.9x	21.8x
Chugai Pharmaceutical	$85.4B	10.7x	21.0x
Takeda Pharmaceuticals	$70.4B	2.4x	8.9x
Bayer	$70.0B	1.3x	6.3x
Merck KGaA	$69.7B	2.8x	10.0x
CSL	$66.1B	4.2x	12.5x
Zoetis	$57.5B	6.1x	14.0x
Jiangsu Hengrui Pharma	$52.2B	11.4x	38.0x
Jiangsu Hengrui Pharma	$52.0B	11.3x	37.8x
Lonza Group	$51.5B	5.6x	19.0x
Sun Pharma	$45.0B	7.2x	25.1x
Teva Pharmaceuticals	$43.6B	2.6x	8.7x
Daiichi Sankyo	$39.4B	3.0x	14.5x
Sandoz	$33.6B	3.1x	14.2x
Celltrion	$30.6B	10.9x	31.7x
Otsuka Holdings	$27.0B	1.7x	7.2x
Biogen	$26.8B	2.7x	8.7x
Hansoh Pharma	$26.3B	13.0x	34.9x
Viatris	$25.9B	1.8x	6.2x
Astellas Pharma	$25.0B	1.9x	9.0x
Royalty Pharma	$23.9B	8.0x	8.4x
Bausch Health	$22.0B	2.2x	6.3x
Sichuan Biokin	$20.9B	57.4x	1714.8x
Alteogen	$19.9B	136.4x	259.1x
Innovent Biologics	$19.1B	10.6x	81.3x
Grifols	$17.0B	2.0x	8.0x
Genmab	$15.4B	4.2x	11.3x
Sino Biopharmaceutical	$15.3B	3.3x	12.4x
Recordati	$14.8B	4.9x	13.2x
Torrent Pharma	$14.8B	10.5x	32.0x
Neurocrine Biosciences	$13.6B	4.9x	20.5x
Sobi	$13.6B	4.6x	12.0x
Akeso	$13.4B	29.8x	-901.0x
Fosun Pharma	$13.2B	2.3x	13.0x
Cipla	$12.9B	4.0x	16.4x
Kelun-Biotech	$12.4B	45.3x	-270.6x
Yunnan Baiyao Group	$12.3B	2.1x	14.4x
Ipsen	$11.9B	2.8x	7.4x
CR Pharmaceutical	$11.9B	0.3x	5.3x
Dr. Reddy's Laboratories	$11.6B	3.0x	12.2x
Shionogi	$11.2B	3.6x	9.0x
Mankind Pharma	$11.0B	7.1x	28.3x
Zydus Lifesciences	$10.8B	3.9x	13.8x
Wuxi XDC	$10.6B	13.1x	41.4x
Zhejiang NHU	$10.6B	3.2x	7.8x
Lupin	$10.5B	3.8x	14.9x
Financiere de Tubize	$10.3B	n/a	n/a
CSPC Pharma Group	$10.3B	2.5x	9.3x
Organon	$10.1B	1.6x	5.2x
Huadong Medicine	$10.1B	1.6x	12.9x
Orion	$9.9B	4.6x	12.6x
3SBio	$9.4B	3.9x	6.1x
Halozyme Therapeutics	$9.0B	6.9x	10.7x
Abivax	$8.5B	833.1x	-40.2x
Eisai Co.	$8.2B	1.6x	12.6x
Lundbeck	$8.0B	n/a	n/a
Aurobindo Pharma	$8.0B	2.2x	10.5x
Hebei Changshan	$7.9B	n/a	n/a
Biocon	$7.5B	4.0x	19.3x
Alkem Laboratories	$7.4B	4.7x	23.7x
Kyowa Kirin	$7.0B	2.2x	9.9x
Abbott India	$6.9B	9.0x	33.2x
RemeGen	$6.8B	17.9x	-478.8x
Shanghai RAAS	$6.5B	5.6x	19.1x
China Resources Sanjiu	$6.5B	1.5x	8.5x
Krka	$6.4B	2.8x	10.1x
Yuhan	$6.3B	4.2x	49.6x
Imeik Technology Development	$6.2B	16.7x	24.9x
Amneal Pharmaceuticals	$6.1B	2.1x	9.1x
Hikma Pharmaceuticals	$5.9B	1.8x	7.0x
ABL Bio	$5.8B	106.1x	13930.0x
Ono Pharmaceutical	$5.8B	1.8x	7.8x
Glenmark Pharma	$5.7B	3.5x	18.6x
Changchun High-Tech	$5.5B	2.9x	11.3x
Dottikon ES Holding	$5.2B	n/a	n/a
Gan and Lee	$5.1B	8.8x	26.2x
Henlius Biotech	$5.0B	5.9x	27.2x
Peptron	$5.0B	n/a	n/a
Gedeon Richter	$4.9B	1.8x	4.9x
Shanghai Junshi	$4.9B	14.2x	-70.4x
Cogent Biosciences	$4.9B	n/a	-18.7x
PharmaEssentia	$4.9B	10.4x	32.3x
Beijing Tiantan	$4.9B	5.2x	13.6x
Bachem	$4.5B	5.4x	19.0x
GSK India	$4.5B	10.5x	32.2x
Praxis Precision Medicines	$4.4B	3386.3x	-15.4x
Hypera	$4.4B	3.1x	11.3x
Hanmi Pharm	$4.3B	4.1x	19.0x
Amoytop Biotech	$4.3B	8.5x	22.4x
Aspen Pharmacare	$4.1B	1.6x	8.9x
Belite Bio	$3.9B	n/a	n/a
Alkermes	$3.8B	2.6x	9.8x
Celcuity	$3.8B	n/a	-23.8x
Hualan Biological Engineering	$3.7B	5.5x	15.2x
ADMA Biologics	$3.7B	7.4x	16.3x
NewAmsterdam Pharma Co	$3.6B	124.5x	n/a
Virbac	$3.6B	2.2x	10.7x
Zelgen Biopharmaceuticals	$3.6B	32.2x	-370.5x
Yili Chuannig Biotech	$3.6B	5.3x	17.8x
Laboratorios Rovi	$3.5B	4.2x	15.7x
Sinocelltech Group	$3.5B	11.2x	69.8x
Scholar Rock	$3.4B	24776.0x	-9.0x
Kanghong Pharmaceutical	$3.2B	4.7x	n/a
Travere Therapeutics	$3.2B	6.8x	-182.6x
Ascentage Pharma	$3.1B	36.7x	-28.1x
Arcutis Biotherapeutics	$3.1B	9.3x	-186.8x
Kalbe Farma	$3.1B	1.5x	10.0x
Dermapharm	$3.0B	2.2x	8.2x
Almirall	$3.0B	2.4x	11.5x
InnoCare Pharma	$2.9B	13.4x	-104.7x
Mineralys Therapeutics	$2.9B	n/a	-15.2x
Tarsus Pharmaceuticals	$2.8B	6.8x	-40.4x
Disc Medicine	$2.8B	n/a	-12.5x
Bora Pharmaceuticals	$2.7B	4.1x	14.1x
Alvotech	$2.7B	4.7x	18.4x
Kiniksa Pharmaceuticals	$2.7B	4.2x	30.5x
Jamjoom Pharma	$2.7B	6.8x	20.3x
Wockhardt	$2.7B	n/a	n/a
Lotus Pharmaceutical	$2.7B	4.2x	10.3x
Mabwell	$2.6B	21.7x	-122.8x
BioArctic	$2.6B	15.4x	23.4x
OneSource Specialty	$2.4B	12.5x	37.2x
Yifan Pharmaceutical	$2.4B	2.9x	14.2x
Supernus Pharmaceuticals	$2.3B	3.4x	17.7x
Hepalink	$2.3B	3.0x	19.0x
Anhui Anke Biotechnology	$2.3B	6.2x	17.8x
Nanjing King-Friend	$2.3B	3.7x	14.6x
ANI Pharmaceuticals	$2.2B	2.7x	10.3x
Zhejiang Wolwo Bio-Pharma	$2.2B	14.9x	n/a
Avadel Pharmaceuticals	$2.2B	8.2x	78.2x
Jafron Biomedical	$2.2B	6.9x	17.8x
Pacific Shuanglin	$2.1B	5.5x	15.2x
Terns Pharma	$2.0B	n/a	-18.1x
Everest Medicines	$2.0B	8.9x	-68.7x
Collegium Pharmaceutical	$2.0B	2.6x	4.4x
Guangzhou Innogen Pharma	$1.9B	n/a	n/a
Aurinia Pharmaceuticals	$1.8B	6.4x	n/a
Arcus Biosciences	$1.8B	7.3x	-4.7x
Yantai Dongcheng	$1.7B	4.0x	n/a
Concord Biotech	$1.7B	11.8x	29.2x
Joincare Pharmaceutical	$1.7B	0.8x	4.5x
Zhejiang Jolly	$1.7B	4.0x	14.8x
Jinyu Bio-Technology Co.	$1.7B	8.8x	28.5x
Spyre Therapeutics	$1.7B	n/a	-7.9x
Harrow	$1.7B	6.3x	24.8x
Faes Farma	$1.6B	2.5x	11.3x
Zenas BioPharma	$1.6B	52.1x	-8.3x
Hanall Biopharma	$1.6B	15.0x	331.1x
Amphastar Pharma	$1.6B	2.2x	5.9x
Bio-Thera Solutions	$1.6B	n/a	n/a
Zymeworks	$1.6B	13.6x	-21.4x
Eczacıbaşı	$1.6B	n/a	n/a
Sionna Therapeutics	$1.5B	n/a	-17.8x
GC Biopharma	$1.5B	n/a	n/a
Lepu Biopharma	$1.4B	15.2x	n/a
Hugel	$1.4B	5.0x	9.8x
Ardelyx	$1.4B	3.6x	-297.5x
Pharma Mar	$1.4B	6.0x	25.3x
Dianthus Therapeutics	$1.4B	499.2x	n/a
Xeris Biopharma	$1.4B	5.0x	29.3x
Innoviva	$1.4B	3.5x	n/a
Gen Ilac	$1.4B	n/a	n/a
Neuren Pharma	$1.4B	24.0x	53.1x
HUTCHMED	$1.3B	2.2x	-73.3x
Chongqing Genrix	$1.3B	41.0x	-12.2x
China TCM	$1.3B	0.6x	6.4x
Stoke Therapeutics	$1.3B	7.6x	-1491.3x
Maze Therapeutics	$1.2B	63.3x	-10.7x
SPIMACO - ADDWAEIH	$1.2B	2.6x	14.7x
Pharvaris	$1.2B	n/a	-6.8x
Genomma Lab	$1.2B	1.2x	5.0x
Haohai Biological	$1.2B	3.1x	13.3x
Nuvation Bio	$1.2B	22.9x	n/a
ACROBiosystems	$1.2B	10.2x	35.3x
Cosmo Pharmaceuticals	$1.1B	8.3x	27.1x
Pharming	$1.1B	3.2x	34.6x
UroGen Pharma	$1.1B	10.0x	-9.7x
Phathom Pharmaceuticals	$1.1B	6.9x	-7.2x
TchaikaPharma	$1.0B	n/a	n/a
Upstream Bio	$1.0B	391.7x	-7.0x
WAVE Life Sciences	$1.0B	20.4x	-9.2x
Lumosa Therapeutics Co	$995M	n/a	n/a
Syndax	$992M	6.5x	-3.6x
Philogen	$987M	2.6x	3.0x
Ironwood Pharmaceuticals	$969M	3.2x	7.1x
OPKO Health	$963M	1.6x	-7.2x
Chabiotech	$961M	n/a	n/a
Tango Therapeutics	$956M	15.8x	n/a
Mind Medicine	$949M	n/a	-6.1x
Emergent BioSolutions	$949M	1.1x	4.8x
Dynavax	$945M	2.9x	34.1x
Oculis Holding	$924M	872.0x	-9.4x
ORIC Pharmaceuticals	$903M	n/a	-6.2x
Sana Biotechnology	$896M	n/a	-4.6x
Boan Biotech	$895M	7.6x	27.5x
Esperion Therapeutics	$885M	2.3x	48.6x
Enliven Therapeutics	$814M	129118.9x	-7.2x
Vetoquinol	$794M	1.3x	6.5x
Polaris Group	$788M	n/a	n/a
Pharmicell	$778M	17.3x	140.9x
Arbutus Biopharma	$777M	59.4x	n/a
Savara	$760M	n/a	n/a
Mega Lifesciences	$736M	1.7x	8.1x
Alkaloid	$731M	n/a	n/a
MBX Biosciences	$723M	n/a	-7.0x
Zentiva	$715M	n/a	n/a
Xencor	$714M	5.6x	-4.4x
Rapport Therapeutics	$696M	n/a	-6.1x
Basilea Pharmaceutica	$672M	2.5x	11.3x
Dishman Carbogen Amics	$661M	n/a	n/a
Middle East Pharma	$659M	6.3x	23.1x
LENZ Therapeutics	$603M	39.5x	-7.9x
Elite Pharmaceuticals	$602M	n/a	n/a
Astria Therapeutics	$590M	78.0x	-3.8x
Medy-Tox	$588M	3.4x	17.6x
Relay Therapeutics	$584M	45.2x	-1.8x
Erasca	$577M	n/a	-3.9x
Tyra Biosciences	$571M	n/a	-4.5x
AprilBio	$559M	41.3x	80.6x
Tempo Scan Pacific	$553M	n/a	n/a
ArriVent BioPharma	$553M	n/a	-3.7x
TaiMed Biologics	$549M	27.9x	-173.6x
Bicara Therapeutics	$536M	n/a	-3.8x
Luzhu Biotech	$526M	184.0x	-26.8x
Septerna	$518M	17.0x	-6.4x
Zhejiang Shouxiangu	$509M	5.2x	14.5x
Opthea	$505M	20398.2x	n/a
Tanvex BioPharma	$477M	n/a	n/a
Inventiva	$470M	46.5x	-3.7x
Lexicon Pharmaceuticals	$467M	10.3x	-6.0x
Day One Biopharmaceutical	$458M	3.1x	-3.5x
Antibiotice	$434M	2.3x	9.9x
Knight Therapeutics	$425M	1.4x	9.7x
Onconic Therapeutics	$408M	n/a	n/a
Armata Pharmaceuticals	$407M	77.0x	-12.5x
Formycon	$404M	6.2x	-21.2x
Julphar	$400M	1.1x	7.9x
Senores Pharmaceuticals	$396M	6.3x	24.9x
PYC Therapeutics	$393M	28.6x	-8.9x
Blau Farmacêutica	$391M	1.2x	4.4x
Regenxbio	$385M	2.1x	-3.2x
Binex	$372M	3.0x	49.8x
CytoDyn	$353M	n/a	n/a
Medigen Vaccine Biologics	$349M	17.9x	-1203.7x
Hansa Biopharma	$347M	14.7x	-7.0x
4D Molecular Therapeutics	$343M	11.6x	-1.7x
Procaps Group	$335M	n/a	n/a
Kamada	$332M	1.8x	7.8x
Akebia Therapeutics	$328M	1.4x	n/a
Adimmune	$327M	n/a	n/a
Laboratorio Reig Jofre	$319M	0.8x	9.5x
Celon Pharma	$318M	4.6x	24.9x
Nika Pharmaceuticals	$312M	n/a	n/a
Flerie	$262M	n/a	n/a
Olema Pharmaceuticals	$259M	n/a	-1.6x
Egetis Therapeutics	$256M	31.2x	-8.4x
SIGA Technologies	$250M	2.4x	7.4x
Mycenax Biotech	$246M	n/a	n/a
Altimmune	$243M	25498.3x	-2.7x
Alumis	$242M	11.0x	-1.0x
Alpha Teknova	$236M	5.9x	-27.4x
Mereo BioPharma Group	$233M	12.8x	1471.4x
Annexon	$230M	n/a	-1.1x
Prothena Corp.	$230M	8.8x	n/a
Cereno Scientific	$229M	n/a	-30.6x
Laboratorios Richmond	$226M	n/a	n/a
Fennec Pharmaceuticals	$221M	5.0x	36.9x
Prestige Biologics	$220M	n/a	n/a
Cybin	$219M	n/a	-2.0x
Clinuvel Pharmaceuticals	$217M	3.4x	7.5x
EQL Pharma	$209M	4.6x	21.0x
Santhera Pharma	$206M	2.5x	-9.1x
Anavex Life Sciences	$206M	6.9x	n/a
Aura Biosciences	$205M	n/a	n/a
AFT Pharmaceuticals	$199M	1.7x	17.5x
Lavipharm	$194M	n/a	n/a
Biomm	$192M	n/a	n/a
Panion & Bf Biotech	$192M	2.9x	n/a
Adocia	$192M	6.7x	n/a
Immutep	$184M	50.6x	-4.2x
OmniAb	$180M	8.9x	-4.2x
Cullinan Therapeutics	$175M	32.4x	-0.8x
Abionyx Pharma	$167M	30.1x	-12.7x
NervGen Pharma	$162M	n/a	-11.6x
Vicore Pharma Holding	$158M	106.4x	-4.2x
Contineum Therapeutics	$148M	33.7x	-2.2x
Botanix Pharmaceuticals	$145M	10.7x	-3.5x
Orexo	$143M	2.6x	113.8x
Oncopeptides	$142M	17.5x	-6.2x
BioInvent International	$137M	6.0x	-3.7x
Savior Lifetec	$137M	n/a	n/a
CHO Pharma	$136M	n/a	n/a
Diamyd Medical	$132M	24.9x	-10.5x
Innate Pharma	$131M	7.6x	-2.6x
Protalix	$131M	2.2x	n/a
Turk İlaç	$126M	n/a	n/a
Silence Therapeutics	$125M	n/a	n/a
Camp4 Therapeutics	$123M	39.9x	-2.2x
Bioceltix	$119M	n/a	n/a
Valerio Therapeutics	$117M	n/a	n/a
SynAct Pharma	$111M	n/a	-8.2x
Tetratherix	$109M	88.5x	-21.9x
Bioton	$109M	1.6x	9.7x
Naturland Holding	$108M	n/a	n/a
Foghorn Therapeutics	$107M	3.4x	-1.6x
Hamlet BioPharma	$102M	n/a	n/a
Genfit	$102M	1.2x	-3.4x
Synthaverse	$100M	6.7x	23.1x
Aardvark Therapeutics	$99.5M	n/a	-2.0x
Neurogene	$93.8M	860.4x	n/a
PureTech Health	$92.3M	19.4x	-0.7x
Oncocross	$88.7M	n/a	n/a
Cantargia	$87.5M	7.9x	-112.6x
Replek	$84.3M	n/a	n/a
Wellgistics Health	$84.2M	n/a	n/a
Forte Biosciences	$83.9M	n/a	n/a
Recce Pharmaceuticals	$82.8M	20.0x	-6.1x
Magle Chemoswed Holding	$76.9M	3.1x	12.4x
Dicot Pharma	$76.6M	n/a	n/a
Labiana Health	$74.0M	n/a	n/a
Maat Pharma	$70.5M	9.2x	-2.5x
Medicenna Therapeutics	$69.8M	705.9x	n/a
Lytix Biopharma	$67.6M	61.9x	-7.2x
Vytrus Biotech	$63.5M	n/a	n/a
Corestemchemon	$62.5M	n/a	n/a
Amarin Corp	$60.0M	0.3x	-1.2x
Captor Therapeutics	$56.7M	6.6x	-7.7x
J. Molner	$55.1M	n/a	n/a
Autolus Therapeutics	$55.1M	0.8x	-0.2x
ImmuCell	$54.2M	n/a	n/a
Marinomed Biotech	$53.1M	5.6x	2.7x
IBT	$52.8M	n/a	n/a
Arcturus Therapeutics	$52.2M	0.5x	-0.8x
Corline Biomedical	$48.5M	24.9x	-166.3x
Enzymatica	$45.1M	9.4x	n/a
Vitrafy	$44.0M	67.5x	-4.5x
Climb Bio	$43.9M	n/a	n/a
Vivoryon Therapeutics	$43.7M	n/a	-2.4x
Evaxion	$40.0M	5.7x	n/a
Gensight Biologics	$39.6M	10.4x	n/a
Genenta Science	$38.9M	n/a	n/a
Genoway	$37.6M	1.5x	10.5x
Biosenic	$33.3M	n/a	n/a
Dyadic International	$33.1M	8.5x	n/a
Mabion	$31.9M	1.7x	39.8x
Applied Therapeutics	$31.6M	33.8x	n/a
Ascelia Pharma	$30.6M	9.9x	-7.2x
Galecto	$30.4M	n/a	n/a
Biotechnology Assets	$29.3M	n/a	n/a
Relief Therapeutics	$29.3M	n/a	n/a
Molecular Partners	$29.0M	22.7x	-0.4x
Intervacc	$28.7M	n/a	n/a
Ascendis Health Ltd	$27.9M	n/a	n/a
Nanexa	$27.8M	n/a	n/a
Mendus	$27.6M	52.5x	-2.3x
Lipum	$27.1M	n/a	-5.9x
Poltreg	$26.4M	n/a	n/a
Kalaris Therapeutics	$25.9M	n/a	n/a
Pharma Equity Group	$25.2M	12.4x	156.5x
Cinclus Pharma Holding	$24.2M	3.4x	-1.2x
Pentixapharm Holding	$24.0M	n/a	n/a
Elicera Therapeutics	$23.9M	n/a	-13.4x
Bio-Works Technologies	$23.1M	n/a	n/a
AlzeCure Pharma	$22.9M	n/a	-5.5x
Theranexus	$22.7M	n/a	n/a
Nanogroup	$21.8M	n/a	n/a
Biogened	$20.8M	n/a	n/a
Enorama Pharma	$19.8M	n/a	n/a
Pure Biologics	$19.8M	n/a	n/a
Xintela	$19.5M	19.0x	-5.2x
Arterra Bioscience	$19.4M	2.8x	8.1x
Read-Gene	$19.3M	n/a	n/a
Bioage Labs	$19.3M	3.1x	-0.2x
Aqua Bio Technology	$19.1M	n/a	n/a
Moberg Pharma	$18.3M	17.4x	-7.6x
Biovica International	$16.5M	7.4x	-2.1x
Urteste	$16.0M	n/a	n/a
Arctic Bioscience	$15.0M	2.8x	-5.4x
Plant Advanced	$14.9M	n/a	n/a
Alzinova	$14.9M	n/a	-3.7x
GeNeuro	$14.6M	n/a	n/a
Circio Holding	$14.4M	n/a	-3.4x
Coegin Pharm	$14.3M	n/a	n/a
Karolinska Development	$14.1M	n/a	n/a
Annexin Pharmaceuticals	$14.0M	n/a	n/a
SoftOx Solutions	$13.9M	n/a	n/a
Isofol Medical	$13.6M	n/a	n/a
Oxurion	$13.4M	n/a	n/a
Stenocare	$13.1M	14.1x	-19.9x
Glycorex Transplantation	$13.1M	n/a	n/a
DexTech Medical	$12.8M	n/a	n/a
IRLAB Therapeutics	$12.3M	2.1x	-1.3x
Xbrane Biopharma	$12.0M	0.7x	-9.9x
Cassava Sciences	$12.0M	n/a	n/a
Aton	$11.8M	n/a	n/a
Nanologica	$11.4M	3.6x	-4.2x
Scandinavian ChemoTech	$11.4M	8.4x	-27.1x
AcuCort	$11.1M	66.8x	-5.0x
Abera Bioscience	$10.7M	n/a	n/a
Celyad Oncology	$10.5M	n/a	n/a
Opsy Holding	$9.6M	n/a	n/a
Medicofarma Biotech	$9.4M	n/a	n/a
Klaria Pharma Holding	$9.3M	n/a	-4.7x
TME Pharma	$8.1M	n/a	-1.5x
OncoZenge	$8.0M	n/a	-8.8x
Chosa Oncology	$7.9M	n/a	n/a
Exact Therapeutics	$7.8M	n/a	n/a
Instituto Rosenbusch	$7.5M	n/a	n/a
Biosergen	$7.5M	n/a	n/a
Pila Pharma	$7.2M	n/a	n/a
Simris Alg	$7.2M	n/a	n/a
Active Biotech	$7.2M	n/a	-1.9x
Oncoinvent	$6.6M	8.4x	-0.5x
Nykode Therapeutics	$6.3M	5.4x	-0.2x
Alligator Bioscience	$6.0M	6.5x	-0.5x
NextCell Pharma	$5.2M	4.1x	2.4x
Addex Therapeutics	$5.1M	10.2x	n/a
Sprint Bioscience	$4.9M	0.7x	-3.1x
Biophytis	$4.9M	2.7x	-0.4x
Vivesto	$4.6M	n/a	-1.4x
Spago Nanomedical	$4.6M	39.2x	-1.5x
Modus Therapeutics	$4.1M	n/a	-2.5x
AcouSort	$4.0M	n/a	n/a
Lipigon Pharmaceuticals	$3.8M	27.8x	-1.2x
Hemp & Health	$3.7M	n/a	n/a
Newbury Pharmaceuticals	$3.4M	n/a	n/a
PharmaLundensis	$3.2M	n/a	n/a
PEPTONIC medical	$3.1M	n/a	n/a
Genxone	$3.0M	n/a	n/a
Strategic Partners	$2.9M	n/a	n/a
2cureX	$2.7M	n/a	n/a
Cannabis Poland	$2.7M	n/a	n/a
Double Bond	$2.4M	n/a	n/a
Aptahem	$1.8M	n/a	n/a
ExpreS2ion Biotech Hldg	$1.7M	2.1x	n/a
Respiratorius	$1.7M	n/a	n/a
Nextgen Biomed	$1.7M	n/a	n/a
Stayble Therapeutics	$1.4M	n/a	0.3x
Nidhogg Resources Holding	$1.3M	n/a	n/a
NanoEcho	$1.3M	n/a	n/a
QUIA PHARMA	$0.7M	n/a	n/a
Diagonal Bio	$0.5M	n/a	n/a
Gabather	$0.4M	n/a	n/a
DanCann Pharma	$0.1M	n/a	n/a
bioXXmed	$0.1M	n/a	n/a
Medivir	-$0.1M	-0.2x	0.0x
Neovacs	-$0.2M	n/a	n/a
Lidds	-$0.3M	n/a	n/a
PCI Biotech Holding	-$0.3M	n/a	n/a
Fluicell	-$0.4M	n/a	n/a
BioLineRx	-$1.3M	-0.2x	0.1x
NUTEX	-$6.0M	n/a	n/a
Guard Therapeutics Intl	-$7.5M	n/a	0.9x
Q32 Bio	-$8.3M	n/a	n/a
Barinthus Biotherapeutics	-$31.3M	-17.7x	n/a
Pliant Therapeutics	-$80.5M	n/a	0.5x
Alector	-$117M	-4.4x	0.8x
Galapagos	-$1.4B	-4.6x	6.3x