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 and Co	$957B	15.0x	33.2x
Johnson & Johnson	$554B	5.9x	15.5x
AbbVie	$446B	7.3x	17.1x
Roche	$372B	4.8x	12.1x
AstraZeneca	$324B	5.5x	15.9x
Merck & Co	$299B	4.6x	10.0x
Novartis	$298B	5.4x	13.2x
Novo Nordisk	$273B	5.7x	11.7x
Amgen	$223B	6.1x	12.6x
Pfizer	$191B	3.1x	7.7x
Gilead Sciences	$168B	5.8x	10.5x
Bristol-Myers Squibb	$150B	3.1x	8.0x
Sanofi	$125B	2.4x	7.9x
GSK	$122B	2.8x	8.2x
Vertex Pharmaceuticals	$107B	8.9x	19.8x
Bayer	$85.9B	1.6x	7.7x
Chugai Pharmaceutical Co	$84.6B	10.7x	20.9x
Takeda Pharmaceuticals	$77.1B	2.7x	9.9x
Merck KGaA	$75.2B	3.0x	10.6x
CSL	$66.6B	4.1x	12.2x
Zoetis	$60.6B	6.4x	14.7x
Jiangsu Hengrui Pharma	$54.6B	11.7x	39.1x
Jiangsu Hengrui Pharma	$54.4B	11.5x	38.2x
Lonza Group	$54.2B	5.7x	19.5x
Teva Pharmaceuticals	$51.5B	3.0x	10.1x
Sun Pharma	$42.7B	6.8x	24.0x
Daiichi Sankyo	$37.7B	2.9x	14.2x
Sandoz	$37.2B	3.4x	15.7x
Celltrion	$33.1B	11.6x	32.4x
Astellas Pharma	$29.1B	2.3x	9.6x
Otsuka Holdings	$29.1B	1.9x	7.8x
Hansoh Pharma	$29.1B	13.8x	35.8x
Viatris	$28.7B	2.0x	7.0x
Biogen	$27.4B	2.8x	9.0x
Royalty Pharma	$24.3B	8.2x	8.4x
Bausch Health	$22.5B	2.2x	6.3x
Innovent Biologics	$18.8B	9.7x	95.3x
Sichuan Biokin	$18.4B	58.3x	n/a
Genmab	$18.4B	5.0x	13.2x
Grifols	$17.5B	2.0x	8.2x
Alteogen	$17.1B	110.4x	205.5x
Torrent Pharmaceuticals	$15.3B	10.9x	33.0x
Sino Biopharmaceutical	$15.0B	3.1x	11.6x
Sobi	$14.2B	4.6x	11.9x
Akeso	$14.1B	29.7x	-1397.4x
Recordati	$13.9B	4.5x	12.2x
Kelun-Biotech	$13.5B	48.0x	-290.8x
Fosun Pharma	$13.2B	2.3x	14.0x
CSPC Pharma Group	$13.1B	3.3x	13.1x
Neurocrine Biosciences	$12.6B	4.4x	19.1x
Yunnan Baiyao Group	$12.6B	2.1x	14.2x
Ipsen	$12.4B	2.8x	7.4x
Shionogi	$12.4B	4.0x	10.0x
Cipla	$11.8B	3.7x	15.2x
CR Pharmaceutical	$11.8B	0.3x	5.0x
Financiere de Tubize	$11.7B	n/a	n/a
Orion	$11.6B	5.2x	14.1x
Wuxi XDC	$11.2B	13.1x	42.7x
Lupin	$11.1B	4.0x	15.5x
Zhejiang NHU	$11.1B	3.3x	7.9x
Dr. Reddy's Laboratories	$10.9B	2.9x	11.7x
Mankind Pharma	$10.8B	7.0x	27.9x
Organon	$10.4B	1.7x	5.4x
Zydus Lifesciences	$10.1B	3.6x	13.1x
Huadong Medicine	$9.4B	1.5x	11.9x
Abivax	$9.3B	913.7x	-38.8x
Halozyme Therapeutics	$9.3B	6.9x	10.6x
Lundbeck	$8.2B	n/a	n/a
Praxis Precision Medicines	$8.0B	26817.7x	-26.9x
RemeGen	$8.0B	19.5x	-3260.5x
Biocon	$8.0B	4.2x	20.3x
Eisai Co.	$7.9B	1.5x	12.5x
Hebei Changshan	$7.9B	n/a	n/a
3SBio	$7.6B	2.8x	4.1x
Aurobindo Pharma	$7.5B	2.0x	9.9x
Alkem Laboratories	$7.4B	4.7x	23.7x
ABL Bio	$7.3B	92.5x	16205.2x
Krka	$7.1B	3.0x	9.0x
Kyowa Kirin Co	$7.0B	2.3x	10.1x
Amneal Pharmaceuticals	$6.6B	2.2x	9.7x
Ono Pharmaceutical	$6.5B	2.1x	8.6x
Abbott India	$6.4B	8.4x	30.7x
China Resources Sanjiu	$6.4B	1.4x	8.5x
Shanghai RAAS	$6.2B	n/a	n/a
Dottikon ES Holding	$6.1B	n/a	n/a
Glenmark Pharma	$6.1B	3.4x	23.0x
Hikma Pharmaceuticals	$6.0B	1.8x	7.1x
Imeik Technology Development	$6.0B	16.6x	24.7x
Bachem	$6.0B	6.9x	24.3x
Cogent Biosciences	$5.8B	n/a	-21.5x
Gan and Lee	$5.7B	9.6x	28.7x
Yuhan	$5.5B	3.6x	40.8x
Changchun High-Tech	$5.5B	2.8x	10.5x
Gedeon Richter	$5.4B	1.9x	5.2x
Belite Bio	$5.3B	n/a	n/a
Aspen Pharmacare	$5.1B	1.9x	11.2x
Henlius Biotech	$5.1B	6.0x	30.6x
PharmaEssentia	$5.0B	10.3x	31.1x
Shanghai Junshi	$4.9B	13.5x	-73.6x
Celcuity	$4.7B	n/a	-28.6x
Beijing Tiantan	$4.6B	5.0x	13.6x
Xuanzhu Biopharmaceutical	$4.5B	n/a	n/a
Scholar Rock	$4.5B	n/a	-11.3x
Amoytop Biotech	$4.3B	8.3x	21.8x
GSK India	$4.3B	10.0x	30.5x
Laboratorios Rovi	$4.3B	5.0x	18.7x
Wuhan Healthgen	$4.3B	n/a	n/a
ADMA Biologics	$4.2B	8.2x	17.8x
Hypera	$4.1B	2.9x	10.7x
Alkermes	$4.1B	2.8x	10.9x
Hanmi Pharm	$4.0B	3.8x	17.4x
Virbac	$3.8B	2.2x	10.9x
Terns Pharma	$3.7B	n/a	-33.4x
Yili Chuannig Biotech	$3.7B	5.5x	15.9x
Peptron	$3.7B	n/a	n/a
Hualan Biological Engineering	$3.5B	5.2x	14.1x
Kanghong Pharmaceutical	$3.5B	5.0x	14.5x
Sinocelltech Group	$3.4B	n/a	n/a
Zelgen Biopharmaceuticals	$3.4B	28.9x	-529.0x
Dermapharm	$3.3B	2.4x	8.8x
Almirall	$3.3B	2.5x	11.9x
Arcutis Biotherapeutics	$3.2B	8.9x	-1665.7x
BioArctic	$3.1B	15.9x	27.4x
Kalbe Farma	$3.0B	1.5x	9.7x
NewAmsterdam Pharma Co	$2.9B	106.5x	-13.8x
Lotus Pharmaceutical	$2.9B	4.6x	11.4x
Tarsus Pharmaceuticals	$2.8B	6.3x	-44.2x
Alvotech	$2.8B	4.8x	21.1x
Supernus Pharmaceuticals	$2.7B	3.9x	21.4x
Wockhardt	$2.7B	n/a	n/a
Alumis	$2.7B	107.6x	-11.0x
Kiniksa Pharmaceuticals	$2.7B	3.9x	24.8x
Travere Therapeutics	$2.6B	5.3x	296.0x
Bora Pharmaceuticals	$2.6B	4.2x	13.7x
Jamjoom Pharma	$2.6B	6.4x	19.0x
Ascentage Pharma	$2.6B	34.5x	-19.2x
Mabwell	$2.5B	n/a	n/a
Jinyu Bio-Technology Co.	$2.5B	n/a	n/a
InnoCare Pharma	$2.5B	8.7x	107.5x
Erasca	$2.5B	n/a	-17.2x
Yifan Pharmaceutical	$2.4B	2.9x	14.5x
WAVE Life Sciences	$2.4B	57.9x	-12.1x
Spyre Therapeutics	$2.4B	n/a	-11.4x
OneSource Specialty	$2.4B	12.9x	38.0x
Hepalink	$2.4B	n/a	n/a
Anhui Anke Biotechnology	$2.3B	6.1x	17.6x
ANI Pharmaceuticals	$2.3B	2.6x	10.0x
Jafron Biomedical	$2.2B	7.1x	18.6x
Nanjing King-Friend	$2.2B	3.4x	13.5x
Zhejiang Wolwo Bio-Pharma	$2.1B	13.7x	30.3x
Disc Medicine	$2.1B	n/a	-8.8x
Avadel Pharmaceuticals	$2.0B	7.3x	58.5x
Olema Pharmaceuticals	$2.0B	n/a	-11.9x
Cosmo Pharmaceuticals	$2.0B	13.4x	33.4x
Collegium Pharmaceutical	$2.0B	2.6x	4.4x
Arcus Biosciences	$2.0B	8.0x	-5.4x
Harrow	$2.0B	7.2x	27.9x
Pacific Shuanglin	$1.9B	n/a	n/a
Mineralys Therapeutics	$1.9B	n/a	-11.0x
Faes Farma	$1.8B	2.7x	12.7x
Guangzhou Innogen Pharma	$1.7B	n/a	n/a
Zhejiang Jolly	$1.7B	4.1x	14.0x
Yantai Dongcheng	$1.7B	n/a	n/a
Aurinia Pharmaceuticals	$1.7B	6.0x	11.3x
Ardelyx	$1.7B	4.2x	-395.4x
Hanall Biopharma	$1.7B	15.3x	296.0x
Everest Medicines	$1.6B	6.6x	281.5x
Eczacıbaşı	$1.6B	n/a	n/a
Joincare Pharmaceutical	$1.6B	0.7x	4.2x
Nuvation Bio	$1.6B	29.2x	n/a
Amphastar Pharma	$1.6B	2.2x	6.0x
Maze Therapeutics	$1.6B	n/a	-11.1x
Zymeworks	$1.5B	12.6x	-29.6x
Bio-Thera Solutions	$1.5B	n/a	n/a
Concord Biotech	$1.5B	10.6x	26.2x
Pharma Mar	$1.5B	6.3x	35.4x
Sionna Therapeutics	$1.5B	n/a	-16.8x
GC Biopharma	$1.5B	n/a	n/a
Dianthus Therapeutics	$1.5B	652.5x	n/a
Neuren Pharma	$1.5B	33.5x	212.9x
Tango Therapeutics	$1.5B	23.2x	-13.6x
MBX Biosciences	$1.4B	n/a	-14.7x
Stoke Therapeutics	$1.4B	7.5x	128.9x
Dynavax	$1.4B	4.2x	57.5x
Chongqing Genrix	$1.4B	39.0x	n/a
Xeris Biopharma	$1.4B	4.9x	26.4x
Hugel	$1.4B	4.8x	9.4x
Lepu Biopharma	$1.4B	11.1x	42.1x
Syndax	$1.3B	8.0x	-5.1x
Upstream Bio	$1.3B	487.0x	-8.5x
Pharvaris	$1.3B	n/a	-6.8x
Tyra Biosciences	$1.3B	n/a	-9.8x
Pharming	$1.2B	3.4x	40.2x
Phathom Pharmaceuticals	$1.2B	7.2x	-8.9x
Genomma Lab	$1.2B	1.2x	5.1x
Innoviva	$1.2B	3.0x	5.2x
Oculis Holding	$1.2B	1179.8x	-11.9x
Ironwood Pharmaceuticals	$1.2B	4.0x	7.9x
ACROBiosystems	$1.2B	9.9x	31.8x
China TCM	$1.2B	0.6x	4.4x
Gen Ilac	$1.2B	n/a	n/a
Sana Biotechnology	$1.2B	n/a	-5.8x
HUTCHMED	$1.2B	2.0x	-49.8x
SPIMACO - ADDWAEIH	$1.1B	2.4x	13.2x
Savara	$1.1B	n/a	n/a
Haohai Biological	$1.1B	2.8x	12.2x
Chabiotech	$1.1B	n/a	n/a
Inventiva	$1.0B	110.1x	-8.8x
Enliven Therapeutics	$1.0B	121991.3x	-8.9x
Emergent BioSolutions	$993M	1.2x	4.9x
Vetoquinol	$989M	1.6x	8.0x
OPKO Health	$978M	1.6x	-7.2x
Esperion Therapeutics	$956M	2.4x	36.3x
Lumosa Therapeutics Co	$956M	1143.1x	-84.7x
Polaris Group	$951M	n/a	n/a
UroGen Pharma	$916M	8.1x	-7.8x
Philogen	$913M	2.2x	2.6x
Mega Lifesciences	$866M	1.9x	9.1x
ORIC Pharmaceuticals	$838M	n/a	-5.8x
Arbutus Biopharma	$825M	60.5x	n/a
Basilea Pharmaceutica	$802M	2.8x	12.2x
Zenas BioPharma	$780M	26.7x	-3.8x
Rapport Therapeutics	$779M	n/a	-6.6x
Septerna	$776M	19.9x	-12.4x
Alkaloid	$766M	n/a	n/a
Boan Biotech	$763M	n/a	n/a
Relay Therapeutics	$759M	59.5x	-2.4x
Annexon	$756M	n/a	-3.4x
AprilBio	$733M	530.8x	-132.7x
Zentiva	$723M	n/a	n/a
Dishman Carbogen Amics	$659M	n/a	n/a
Day One Biopharmaceutical	$629M	4.2x	-5.2x
Bicara Therapeutics	$626M	n/a	-4.2x
ArriVent BioPharma	$604M	n/a	-3.9x
Astria Therapeutics	$603M	85.2x	-3.8x
Middle East Pharma	$603M	n/a	n/a
PYC Therapeutics	$566M	36.5x	-11.4x
Luzhu Biotech	$556M	n/a	n/a
Medy-Tox	$556M	3.2x	19.9x
Onconic Therapeutics	$551M	14.8x	57.0x
Zhejiang Shouxiangu	$550M	n/a	n/a
Evommune	$542M	41.7x	-6.9x
Xencor	$542M	4.2x	-3.3x
Pharmicell	$539M	n/a	n/a
TchaikaPharma	$534M	n/a	n/a
Tempo Scan Pacific	$530M	n/a	n/a
Opthea	$523M	20398.2x	n/a
Formycon	$502M	7.9x	-22.6x
Regenxbio	$499M	2.5x	-4.7x
TaiMed Biologics	$496M	n/a	n/a
Bioage Labs	$493M	69.8x	-5.5x
Elite Pharmaceuticals	$490M	n/a	n/a
Hansa Biopharma	$446M	19.6x	-8.7x
Tanvex BioPharma	$443M	32.6x	n/a
Antibiotice	$441M	2.3x	9.7x
NervGen Pharma	$428M	n/a	n/a
Knight Therapeutics	$420M	1.3x	9.3x
Kamada	$418M	2.3x	9.5x
Lexicon Pharmaceuticals	$407M	8.6x	-6.6x
Senores Pharmaceuticals	$398M	6.2x	23.9x
Armata Pharmaceuticals	$395M	86.9x	-12.7x
Nika Pharmaceuticals	$395M	n/a	n/a
LENZ Therapeutics	$380M	20.0x	-4.8x
Blau Farmacêutica	$376M	1.1x	4.2x
Julphar	$370M	1.3x	10.5x
Medigen Vaccine Biologics	$368M	n/a	n/a
Immutep	$364M	35.8x	-8.3x
Binex	$361M	2.8x	32.2x
CytoDyn	$357M	n/a	n/a
Procaps Group	$334M	n/a	n/a
Anavex Life Sciences	$331M	5.9x	n/a
Adimmune	$327M	n/a	n/a
Celon Pharma	$320M	4.6x	34.5x
Forte Biosciences	$316M	n/a	n/a
Laboratorio Reig Jofre	$312M	0.8x	9.2x
SIGA Technologies	$302M	3.1x	10.4x
Cullinan Therapeutics	$298M	48.7x	-1.3x
Vicore Pharma Holding	$285M	1268.4x	-6.3x
Clinuvel Pharmaceuticals	$280M	4.2x	9.1x
Flerie	$262M	n/a	n/a
Mycenax Biotech	$257M	n/a	n/a
Fennec Pharmaceuticals	$253M	5.5x	44.6x
Contineum Therapeutics	$253M	50.5x	-3.6x
Laboratorios Richmond	$249M	n/a	n/a
Altimmune	$248M	56580.7x	-2.8x
Cereno Scientific	$247M	n/a	-36.4x
Akebia Therapeutics	$242M	1.0x	n/a
Santhera Pharma	$240M	2.7x	-11.3x
OmniAb	$237M	12.3x	-5.6x
AFT Pharmaceuticals	$233M	1.7x	15.5x
Camp4 Therapeutics	$231M	63.6x	-4.2x
Prestige Biologics	$226M	n/a	n/a
Lavipharm	$222M	n/a	n/a
Alpha Teknova	$215M	5.4x	-27.8x
EQL Pharma	$214M	4.7x	23.3x
Foghorn Therapeutics	$210M	6.7x	-2.9x
Aardvark Therapeutics	$200M	n/a	-3.3x
Genfit	$200M	2.5x	96.2x
Panion & Bf Biotech	$188M	2.9x	n/a
Egetis Therapeutics	$186M	25.9x	-5.8x
Biomm	$185M	n/a	n/a
Diamyd Medical	$181M	21.3x	-18.8x
Aura Biosciences	$180M	n/a	n/a
Prothena Corp.	$177M	16.3x	n/a
Climb Bio	$171M	n/a	-2.7x
Botanix Pharmaceuticals	$163M	9.8x	-4.0x
Orexo	$163M	2.9x	749.0x
Cantargia	$155M	7.3x	71.8x
4D Molecular Therapeutics	$152M	4.5x	-0.7x
Savior Lifetec	$151M	n/a	n/a
Abionyx Pharma	$149M	27.9x	-12.8x
Adocia	$145M	4.7x	7.1x
Protalix	$144M	2.3x	n/a
BioInvent International	$142M	5.5x	-4.0x
PureTech Health	$138M	n/a	-1.0x
Recce Pharmaceuticals	$137M	34.2x	-9.8x
CHO Pharma	$135M	n/a	n/a
SynAct Pharma	$132M	n/a	-10.2x
Turk İlaç	$127M	n/a	n/a
Innate Pharma	$127M	7.5x	-2.2x
Oncopeptides	$122M	13.5x	-5.4x
Captor Therapeutics	$117M	22.0x	-12.4x
Bioceltix	$117M	n/a	-31.9x
Naturland Holding	$116M	n/a	n/a
Hamlet BioPharma	$114M	n/a	n/a
Synthaverse	$109M	9.1x	163.8x
Bioton	$109M	1.5x	9.2x
Valerio Therapeutics	$101M	n/a	n/a
Tetratherix	$97.3M	68.0x	-18.1x
Maat Pharma	$97.3M	7.6x	-3.5x
Kalaris Therapeutics	$90.2M	n/a	n/a
Replek	$86.7M	n/a	n/a
Autolus Therapeutics	$81.7M	1.1x	-0.3x
Labiana Health	$77.2M	0.9x	5.5x
Corestemchemon	$73.1M	n/a	n/a
Magle Chemoswed Holding	$71.5M	n/a	n/a
ImmuCell	$69.8M	n/a	n/a
Vytrus Biotech	$68.9M	6.9x	15.0x
Silence Therapeutics	$68.0M	n/a	n/a
Nanexa	$65.8M	n/a	n/a
Arcturus Therapeutics	$65.3M	0.7x	-1.1x
Wellgistics Health	$63.7M	n/a	n/a
Oncocross	$60.1M	n/a	n/a
Lytix Biopharma	$59.8M	n/a	-9.9x
Mereo BioPharma Group	$58.4M	9.3x	-1.1x
J. Molner	$56.8M	n/a	n/a
IBT	$55.1M	n/a	n/a
Dicot Pharma	$53.2M	n/a	n/a
Pentixapharm Holding	$52.2M	n/a	n/a
Vitrafy	$51.2M	58.9x	-4.9x
Enzymatica	$50.7M	n/a	n/a
Marinomed Biotech	$50.5M	5.0x	2.2x
Genoway	$48.3M	n/a	n/a
Corline Biomedical	$48.2M	33.5x	-60.6x
Medicenna Therapeutics	$45.3M	n/a	n/a
Vivoryon Therapeutics	$42.2M	n/a	-3.3x
Gensight Biologics	$39.5M	10.0x	-1.3x
Cinclus Pharma Holding	$38.6M	4.9x	-1.9x
Lir Life Sciences	$37.6M	n/a	n/a
Lipum	$37.4M	n/a	-5.7x
Mabion	$37.2M	n/a	n/a
Mendus	$36.7M	56.2x	-3.6x
Ascelia Pharma	$36.6M	10.1x	-9.1x
Evaxion	$36.5M	4.9x	n/a
Biosenic	$33.7M	n/a	n/a
THX Pharma	$33.0M	n/a	n/a
Galecto	$32.1M	n/a	n/a
Amarin Corp	$30.0M	0.1x	-0.7x
Intervacc	$29.5M	10.8x	-5.5x
Poltreg	$29.5M	8.3x	-4.9x
Dyadic International	$28.3M	7.3x	n/a
Klaria Pharma Holding	$26.9M	n/a	n/a
Karolinska Development	$26.8M	n/a	n/a
Elicera Therapeutics	$26.8M	n/a	-15.0x
Bio-Works Technologies	$26.3M	n/a	n/a
Neurogene	$25.6M	n/a	n/a
Xintela	$25.6M	125.9x	-5.6x
Molecular Partners	$23.5M	10.7x	-0.3x
Pharma Equity Group	$23.3M	n/a	n/a
Moberg Pharma	$22.4M	16.6x	-8.0x
Biotechnology Assets	$20.6M	n/a	n/a
Nanogroup	$20.4M	n/a	n/a
Genenta Science	$20.2M	n/a	n/a
Biogened	$19.9M	n/a	n/a
Arterra Bioscience	$19.5M	2.8x	7.8x
Read-Gene	$19.3M	n/a	n/a
Nykode Therapeutics	$18.8M	18.8x	-0.7x
Urteste	$17.8M	n/a	n/a
Aqua Bio Technology	$17.3M	n/a	n/a
Pure Biologics	$17.2M	n/a	n/a
Medivir	$16.9M	38.7x	-2.6x
Xbrane Biopharma	$16.7M	1.1x	-10.0x
DexTech Medical	$16.4M	n/a	n/a
Sprint Bioscience	$16.2M	7.4x	1.6x
AlzeCure Pharma	$16.1M	n/a	-3.6x
Circio Holding	$15.8M	n/a	-3.8x
SoftOx Solutions	$15.0M	n/a	n/a
Arctic Bioscience	$14.6M	2.6x	-5.6x
GeNeuro	$14.5M	n/a	n/a
Plant Advanced	$13.8M	n/a	n/a
Glycorex Transplantation	$13.5M	n/a	n/a
Enorama Pharma	$13.5M	n/a	n/a
Oncoinvent	$13.3M	n/a	n/a
Oxurion	$13.2M	n/a	n/a
Q32 Bio	$12.3M	n/a	n/a
Alligator Bioscience	$12.0M	8.6x	-0.7x
AcuCort	$11.4M	149.6x	-5.0x
Scandinavian ChemoTech	$11.4M	7.6x	-34.0x
Aton	$10.6M	n/a	n/a
Annexin Pharmaceuticals	$10.4M	n/a	-2.1x
Abera Bioscience	$10.2M	n/a	n/a
Coegin Pharm	$10.0M	n/a	n/a
Biophytis	$10.0M	5.7x	-0.8x
Active Biotech	$9.9M	n/a	-2.5x
Opsy Holding	$9.8M	n/a	n/a
IRLAB Therapeutics	$9.6M	1.6x	-1.0x
Stenocare	$9.3M	9.1x	-37.0x
Celyad Oncology	$9.1M	n/a	n/a
Medicofarma Biotech	$8.8M	n/a	n/a
OncoZenge	$8.6M	n/a	n/a
Exact Therapeutics	$8.1M	n/a	n/a
Biosergen	$7.8M	n/a	n/a
Addex Therapeutics	$7.5M	n/a	n/a
Instituto Rosenbusch	$7.4M	n/a	n/a
Spago Nanomedical	$7.1M	65.5x	-2.3x
Nanologica	$7.0M	2.0x	-2.7x
Alzinova	$7.0M	n/a	-2.3x
Vivesto	$6.9M	n/a	-2.0x
Isofol Medical	$6.9M	n/a	n/a
TME Pharma	$6.6M	n/a	n/a
Chosa Oncology	$6.5M	n/a	n/a
Pila Pharma	$5.8M	n/a	n/a
AcouSort	$5.3M	8.2x	-4.5x
Applied Therapeutics	$5.0M	5.0x	n/a
NextCell Pharma	$4.8M	3.6x	-1.3x
2cureX	$4.0M	n/a	n/a
PEPTONIC medical	$3.9M	n/a	n/a
Cannabis Poland	$3.0M	n/a	n/a
Genxone	$2.9M	n/a	n/a
Simris Alg	$2.9M	n/a	n/a
Biovica International	$2.8M	2.2x	-0.4x
Hemp & Health	$2.8M	n/a	n/a
Newbury Pharmaceuticals	$2.7M	n/a	n/a
Double Bond	$2.6M	n/a	n/a
Modus Therapeutics	$2.4M	n/a	n/a
PharmaLundensis	$2.3M	n/a	n/a
Strategic Partners	$2.2M	n/a	n/a
ExpreS2ion Biotech Hldg	$2.1M	n/a	n/a
Nextgen Biomed	$1.9M	n/a	n/a
Aptahem	$1.8M	n/a	n/a
NanoEcho	$1.8M	n/a	n/a
Stayble Therapeutics	$1.4M	n/a	-1.9x
Respiratorius	$1.3M	n/a	n/a
Nidhogg Resources Holding	$0.9M	n/a	n/a
Gabather	$0.6M	n/a	-1.1x
DanCann Pharma	$0.1M	n/a	n/a
Neovacs	-$0.2M	n/a	n/a
PCI Biotech Holding	-$0.5M	n/a	n/a
Fluicell	-$0.8M	n/a	n/a
Lipigon Pharmaceuticals	-$0.9M	n/a	0.2x
Lidds	-$1.0M	n/a	n/a
BioLineRx	-$1.4M	-0.9x	n/a
Guard Therapeutics Intl	-$3.6M	n/a	n/a
NUTEX	-$6.7M	n/a	n/a
Cassava Sciences	-$18.2M	n/a	n/a
Barinthus Biotherapeutics	-$32.9M	n/a	n/a
Alector	-$51.3M	-3.0x	0.3x
Pliant Therapeutics	-$103M	n/a	0.6x
Galapagos	-$1.3B	-4.2x	4.3x