Biopharmaceuticals Valuation Multiples and Public Comps

Biopharmaceuticals

See analyst estimates and all valuation multiples for Biopharmaceuticals

Company	EV	EV/Revenue	EV/EBITDA
Eli Lilly	$684B	13.4x	34.1x
AbbVie	$393B	6.8x	15.1x
Johnson & Johnson	$383B	4.3x	11.8x
Novo Nordisk	$315B	6.8x	13.8x
Roche	$274B	3.7x	9.4x
Novartis	$244B	4.5x	11.0x
AstraZeneca	$242B	4.2x	12.2x
Merck & Co	$217B	3.4x	7.9x
Amgen	$201B	5.9x	10.5x
Pfizer	$177B	2.8x	7.3x
Gilead Sciences	$155B	5.4x	12.6x
Sanofi	$142B	2.8x	9.5x
Bristol-Myers Squibb	$137B	2.9x	12.1x
Vertex Pharmaceuticals	$110B	9.7x	40.4x
GSK	$97.5B	2.3x	6.6x
CSL	$87.5B	5.7x	16.9x
Zoetis	$79.4B	8.5x	19.8x
Chugai Pharmaceutical	$79.3B	9.7x	19.6x
Takeda Pharmaceuticals	$73.8B	2.3x	9.0x
Merck KGaA	$64.3B	2.7x	9.4x
Bayer	$63.9B	1.2x	5.8x
Lonza Group	$52.7B	6.3x	22.0x
Jiangsu Hengrui	$46.2B	11.4x	44.8x
Daiichi Sankyo	$45.5B	3.5x	17.0x
Sun Pharma	$44.9B	7.2x	25.3x
Teva Pharmaceuticals	$35.7B	2.1x	7.2x
Celltrion	$26.0B	9.2x	30.7x
Sandoz	$24.5B	2.2x	11.0x
Viatris	$23.8B	1.7x	5.4x
Otsuka Holdings	$23.7B	1.5x	6.4x
Biogen	$23.5B	2.5x	7.3x
Bausch Health	$22.0B	2.2x	6.4x
Astellas Pharma	$21.6B	1.6x	8.5x
Royalty Pharma	$19.6B	6.8x	7.3x
Grifols	$16.8B	2.0x	8.2x
Hansoh Pharma	$16.5B	9.4x	25.2x
Sichuan Biokin	$15.8B	26.3x	52.8x
Recordati	$14.3B	5.1x	13.9x
Torrent Pharma	$12.8B	9.3x	28.6x
Alteogen	$12.7B	117.4x	280.5x
Cipla	$12.7B	3.9x	15.2x
Mankind Pharma	$12.6B	8.5x	33.8x
Innovent Biologics	$12.3B	8.6x	280.9x
Yunnan Baiyao Group	$12.1B	2.1x	15.4x
Dr. Reddy's Laboratories	$12.0B	3.1x	11.6x
Sobi	$11.7B	4.2x	11.6x
Neurocrine Biosciences	$11.7B	4.7x	18.7x
Fosun Pharma	$10.9B	1.9x	11.3x
Organon	$10.9B	1.7x	5.6x
Lupin	$10.6B	3.9x	16.6x
Huadong Medicine	$10.4B	1.7x	13.7x
Zydus Lifesciences	$10.3B	3.7x	12.7x
CSPC Pharma Group	$10.0B	2.5x	10.1x
Genmab	$9.7B	2.9x	8.3x
Shionogi	$9.7B	3.2x	7.8x
Akeso	$9.5B	25.0x	-761.5x
Sino Biopharmaceutical	$9.4B	2.3x	9.9x
Zhejiang NHU	$9.3B	3.0x	7.3x
Ipsen	$9.3B	2.3x	6.5x
Orion	$9.2B	5.2x	15.6x
Kelun-Biotech	$8.5B	31.8x	-249.7x
Aurobindo Pharma	$8.0B	2.1x	10.1x
CR Pharmaceutical	$7.5B	0.2x	3.5x
Halozyme Therapeutics	$7.5B	6.8x	10.6x
Hikma Pharmaceuticals	$7.4B	2.2x	8.6x
Eisai Co.	$7.3B	1.3x	11.1x
Abbott India	$7.2B	9.5x	35.4x
Lundbeck	$7.1B	n/a	n/a
Alkem Laboratories	$7.0B	4.5x	22.9x
China Resources Sanjiu	$6.8B	1.7x	9.0x
Kyowa Kirin	$6.6B	2.0x	8.5x
Imeik Technology Development	$6.6B	14.9x	20.3x
Biocon	$6.3B	3.4x	16.4x
Financiere de Tubize	$6.2B	n/a	n/a
GSK India	$6.2B	13.9x	44.3x
Yuhan	$5.7B	3.7x	57.1x
Shanghai RAAS	$5.7B	4.8x	13.3x
Krka	$5.7B	2.6x	9.6x
Wuxi XDC	$5.7B	8.8x	30.1x
3SBio	$5.6B	3.8x	8.8x
Changchun High-Tech	$5.3B	2.8x	11.1x
Hebei Changshan	$5.0B	n/a	n/a
Beijing Tiantan	$5.0B	5.7x	13.0x
PharmaEssentia	$4.8B	11.9x	38.5x
Amneal Pharmaceuticals	$4.8B	1.7x	7.5x
Gedeon Richter	$4.8B	1.9x	5.2x
ADMA Biologics	$4.7B	10.3x	24.3x
Glenmark Pharma	$4.7B	3.0x	16.5x
Aspen Pharmacare	$4.6B	1.9x	8.3x
Alvotech	$4.6B	8.2x	28.9x
Ono Pharmaceutical	$4.5B	1.4x	5.8x
Amoytop Biotech	$4.5B	10.0x	26.6x
Bachem	$4.4B	5.8x	20.1x
RemeGen	$4.3B	15.8x	-34.6x
Gan & Lee Pharmaceuticals	$4.3B	8.6x	33.8x
Dottikon ES Holding	$4.2B	10.3x	32.7x
Alkermes	$4.2B	2.8x	10.6x
Hypera	$4.2B	3.0x	11.0x
Kalbe Farma	$4.1B	2.0x	13.3x
Shanghai Junshi	$4.1B	13.2x	-38.3x
Yili Chuannig Biotech	$4.0B	5.0x	28.1x
Zelgen Biopharmaceuticals	$3.8B	41.6x	-1904.4x
Hualan Biological Engineering	$3.7B	5.9x	14.6x
Endo	$3.7B	n/a	n/a
Peptron	$3.7B	n/a	n/a
Procaps Group	$3.6B	n/a	n/a
Henlius Biotech	$3.5B	4.3x	21.0x
Jamjoom Pharma	$3.2B	8.6x	26.0x
Virbac	$3.2B	2.0x	10.0x
Laboratorios Rovi	$3.1B	3.7x	14.0x
Bora Pharmaceuticals	$3.1B	4.4x	16.1x
Dermapharm	$3.1B	2.3x	8.5x
Hanmi Pharm	$3.0B	2.7x	12.8x
Kanghong Pharmaceutical	$2.9B	n/a	n/a
Wockhardt	$2.8B	n/a	n/a
Sinocelltech Group	$2.8B	7.5x	46.2x
Annexin Pharmaceuticals	$2.7B	n/a	n/a
ABL Bio	$2.7B	46.8x	-241.3x
Almirall	$2.7B	2.3x	11.4x
Nanjing King-Friend	$2.6B	4.2x	15.9x
Scholar Rock	$2.5B	869.3x	-9.9x
Yifan Pharmaceutical	$2.4B	3.2x	17.8x
Metsera	$2.3B	n/a	n/a
Ascentage Pharma	$2.3B	20.7x	-31.3x
Jafron Biomedical	$2.3B	5.9x	13.7x
Lotus Pharmaceutical	$2.3B	3.5x	8.3x
Hugel	$2.2B	7.7x	15.3x
Hepalink	$2.2B	3.0x	16.3x
Pacific Shuanglin	$2.1B	5.4x	15.2x
InnoCare Pharma	$2.1B	12.7x	-32.7x
Concord Biotech	$2.0B	14.3x	34.6x
Belite Bio	$2.0B	290.8x	n/a
Anhui Anke Biotechnology	$1.9B	5.0x	14.0x
ANI Pharmaceuticals	$1.8B	2.6x	10.1x
Kiniksa Pharmaceuticals	$1.7B	3.5x	-1095.1x
Yantai Dongcheng	$1.7B	4.0x	20.0x
Everest Medicines	$1.7B	11.6x	-19.9x
Amphastar Pharma	$1.6B	2.2x	5.8x
Collegium Pharmaceutical	$1.6B	2.3x	3.8x
Pharma Mar	$1.5B	7.5x	40.9x
Arcutis Biotherapeutics	$1.5B	6.3x	-15.3x
Bio-Thera Solutions	$1.5B	13.8x	-30.4x
HUTCHMED	$1.5B	2.3x	-63.1x
Mabwell	$1.5B	26.6x	-16.9x
Zhejiang Jolly	$1.5B	3.9x	15.4x
BioArctic	$1.5B	17.4x	43.9x
Indivior	$1.5B	1.3x	5.2x
Tarsus Pharmaceuticals	$1.5B	5.5x	-18.0x
Joincare Pharmaceutical	$1.5B	0.7x	4.0x
GC Biopharma	$1.5B	n/a	n/a
Faes Farma	$1.4B	2.5x	10.2x
Travere Therapeutics	$1.4B	4.9x	-10.0x
Genomma Lab	$1.4B	1.4x	6.0x
Supernus Pharmaceuticals	$1.3B	2.1x	7.8x
Zhejiang Wolwo Bio-Pharma	$1.3B	9.4x	n/a
Chongqing Genrix	$1.3B	90.1x	n/a
China TCM	$1.3B	0.6x	n/a
Innoviva	$1.2B	3.4x	n/a
Haohai Biological	$1.2B	3.1x	13.2x
NewAmsterdam Pharma Co	$1.2B	33.4x	n/a
Harrow	$1.2B	5.0x	21.2x
OPKO Health	$1.1B	1.7x	-7.6x
SPIMACO - ADDWAEIH	$1.1B	2.4x	16.3x
Gen Ilac	$1.1B	n/a	n/a
Lepu Biopharma	$1.1B	21.4x	n/a
Polaris Group	$1.1B	n/a	n/a
Xeris Biopharma	$1.0B	4.5x	68.9x
Neuren Pharma	$1.0B	9.6x	14.7x
Jinyu Bio-Technology Co.	$985M	5.4x	20.9x
Disc Medicine	$959M	n/a	-6.1x
Hanall Biopharma	$941M	8.9x	267.0x
TchaikaPharma	$932M	n/a	n/a
Philogen	$921M	9.2x	17.3x
Cosmo Pharmaceuticals	$905M	3.6x	6.5x
Ardelyx	$905M	2.6x	-53.9x
Chabiotech	$874M	n/a	n/a
Lumosa Therapeutics Co	$870M	n/a	n/a
Emergent BioSolutions	$867M	0.9x	5.2x
Aurinia Pharmaceuticals	$844M	3.4x	n/a
89bio	$831M	n/a	-2.3x
Avadel Pharmaceuticals	$828M	4.0x	153.7x
Medy-Tox	$823M	4.6x	22.2x
Dynavax	$797M	2.7x	21.1x
Oculis Holding	$797M	931.9x	-8.2x
Spyre Therapeutics	$784M	n/a	-3.7x
Vetoquinol	$765M	1.2x	6.4x
Boan Biotech	$752M	6.9x	32.0x
WAVE Life Sciences	$742M	8.3x	-5.2x
Eczacıbaşı	$734M	n/a	n/a
Akebia Therapeutics	$731M	4.2x	n/a
Alkaloid	$723M	n/a	n/a
Pharming	$722M	2.3x	-538.5x
Dishman Carbogen Amics	$704M	n/a	n/a
Zentiva	$701M	n/a	n/a
Mineralys Therapeutics	$678M	n/a	-3.5x
TaiMed Biologics	$667M	31.2x	-250.3x
Nika Pharmaceuticals	$667M	n/a	n/a
Middle East Pharma	$661M	5.8x	21.9x
Pharvaris	$644M	n/a	-3.8x
Basilea Pharmaceutica	$641M	2.5x	11.0x
ACROBiosystems	$639M	6.5x	27.8x
LENZ Therapeutics	$638M	223.9x	-9.3x
Ironwood Pharmaceuticals	$593M	1.9x	5.9x
Enliven Therapeutics	$581M	198029.1x	-5.0x
Elite Pharmaceuticals	$579M	n/a	n/a
EirGenix	$549M	n/a	n/a
Arbutus Biopharma	$547M	90.7x	n/a
Mega Lifesciences	$546M	1.2x	5.8x
Zhejiang Shouxiangu	$545M	5.5x	15.9x
Zymeworks	$544M	6.3x	-4.3x
ArriVent BioPharma	$543M	n/a	-6.2x
Anavex Life Sciences	$536M	n/a	n/a
Pharmicell	$522M	8.0x	31.5x
Medigen Vaccine Biologics	$515M	24.0x	157.7x
Cogent Biosciences	$507M	n/a	-2.3x
Opthea	$500M	3045.1x	-3.2x
Sana Biotechnology	$499M	n/a	-2.2x
Tempo Scan Pacific	$491M	n/a	n/a
Luzhu Biotech	$488M	453.4x	-24.0x
Blau Farmacêutica	$459M	1.4x	6.2x
Praxis Precision Medicines	$456M	82.8x	-2.0x
Julphar	$453M	1.2x	9.4x
Tanvex BioPharma	$450M	n/a	n/a
Botanix Pharmaceuticals	$442M	61.6x	-12.9x
CytoDyn	$440M	n/a	n/a
Binex	$419M	3.7x	-55.2x
PYC Therapeutics	$419M	47.1x	-11.1x
Formycon	$414M	5.8x	-22.3x
Inventiva	$410M	30.3x	-3.7x
Syndax	$399M	6.3x	-1.2x
ORIC Pharmaceuticals	$366M	n/a	-2.6x
Sionna Therapeutics	$362M	n/a	-4.3x
Mind Medicine	$358M	n/a	-3.2x
Esperion Therapeutics	$356M	1.1x	10.1x
Antibiotice	$354M	2.2x	9.9x
Laboratorio Reig Jofre	$335M	0.9x	7.4x
Kamada	$328M	1.9x	8.6x
Knight Therapeutics	$322M	1.2x	8.1x
Alpha Teknova	$319M	8.2x	-25.0x
Nuvation Bio	$319M	30.7x	n/a
Cereno Scientific	$317M	n/a	n/a
Abivax	$316M	30.5x	-1.8x
Dianthus Therapeutics	$312M	59.8x	n/a
Altimmune	$307M	22172.6x	-2.9x
Celon Pharma	$306M	4.0x	15.3x
Celcuity	$303M	n/a	-2.4x
Mycenax Biotech	$293M	n/a	n/a
Phathom Pharmaceuticals	$292M	3.0x	-1.4x
EQL Pharma	$290M	7.2x	32.9x
Adimmune	$282M	n/a	n/a
Prestige Biologics	$279M	n/a	n/a
SIGA Technologies	$278M	2.1x	4.3x
Aura Biosciences	$268M	n/a	n/a
Maze Therapeutics	$264M	2.6x	-10.1x
Regenxbio	$262M	1.5x	-2.6x
Flerie	$261M	n/a	n/a
Senores Pharmaceuticals	$258M	4.7x	n/a
NervGen Pharma	$254M	n/a	n/a
Savara	$244M	n/a	n/a
Panion & Bf Biotech	$240M	3.5x	n/a
Hansa Biopharma	$237M	10.2x	-4.2x
Biomm	$229M	n/a	n/a
Alumis	$226M	30.8x	-0.8x
Clinuvel Pharma	$225M	3.6x	6.8x
Fennec Pharmaceuticals	$221M	4.6x	17.6x
Cullinan Therapeutics	$210M	70.8x	-1.0x
CHO Pharma	$208M	n/a	n/a
Armata Pharmaceuticals	$202M	38.0x	-4.5x
AprilBio	$199M	11.7x	22.7x
Santhera Pharma	$194M	3.2x	-7.8x
Genfit	$193M	1.6x	2.9x
Wellgistics Health	$191M	n/a	n/a
AFT Pharmaceuticals	$187M	1.5x	14.7x
Day One Biopharmaceutical	$187M	1.3x	-0.9x
MBX Biosciences	$185M	n/a	-2.2x
Tyra Biosciences	$179M	n/a	-1.6x
Lavipharm	$178M	n/a	n/a
Stoke Therapeutics	$176M	1.9x	-2.7x
BioInvent International	$176M	28.1x	-3.7x
Tourmaline Bio	$175M	63.9x	n/a
Vicore Pharma Holding	$174M	21.5x	-6.8x
Arcturus Therapeutics	$171M	1.3x	-1.6x
Immutep	$165M	45.6x	-4.4x
Savior Lifetec	$163M	n/a	n/a
Erasca	$157M	n/a	-0.9x
Y-mAbs Therapeutics	$155M	1.8x	-4.2x
Xencor	$149M	1.3x	-0.8x
Innate Pharma	$147M	2.7x	6.6x
Lexicon Pharmaceuticals	$147M	7.3x	-0.9x
Onconic Therapeutics	$144M	n/a	n/a
Turk İlaç	$134M	n/a	n/a
OmniAb	$132M	5.3x	-3.0x
Bioceltix	$131M	n/a	n/a
Septerna	$128M	2.2x	-1.7x
Synthaverse	$116M	5.8x	17.5x
Diamyd Medical	$114M	1084.8x	-7.7x
UroGen Pharma	$112M	1.1x	-1.1x
Oncocross	$108M	n/a	n/a
Bioton	$108M	1.9x	11.5x
Zenas BioPharma	$107M	16.0x	-0.6x
Naturland Holding	$99.1M	n/a	n/a
Egetis Therapeutics	$97.5M	9.3x	-3.4x
Protalix	$97.1M	1.6x	n/a
Corestemchemon	$95.5M	n/a	n/a
PureTech Health	$93.9M	3.7x	-0.7x
Dicot Pharma	$93.3M	n/a	n/a
Orexo	$90.0M	1.5x	18.9x
Silence Therapeutics	$88.8M	3.2x	-1.6x
Astria Therapeutics	$84.7M	n/a	-0.6x
Maat Pharma	$83.0M	15.7x	-2.6x
Adocia	$82.7M	6.1x	n/a
Replek	$82.4M	n/a	n/a
Upstream Bio	$73.3M	35.5x	-0.7x
Hamlet BioPharma	$72.9M	n/a	n/a
Aardvark Therapeutics	$72.9M	n/a	-2.2x
Tango Therapeutics	$72.8M	2.0x	n/a
SynAct Pharma	$70.5M	n/a	-2.6x
Arcus Biosciences	$70.0M	0.3x	-0.2x
ImmuCell	$66.6M	n/a	n/a
Enzymatica	$66.6M	14.2x	n/a
Genenta Science	$63.7M	n/a	n/a
Marinomed Biotech	$62.8M	16.0x	-62.9x
Recce Pharmaceuticals	$62.4M	18.6x	-7.8x
Labiana Health	$61.6M	0.8x	7.2x
IBT	$59.0M	n/a	n/a
Cybin	$58.1M	n/a	-0.6x
Foghorn Therapeutics	$55.1M	2.1x	-0.6x
Bicara Therapeutics	$53.3M	n/a	-0.5x
Pentixapharm Holding	$49.1M	n/a	n/a
Abionyx Pharma	$48.2M	9.2x	-4.8x
Xbrane Biopharma	$46.9M	1.3x	-105.7x
Lytix Biopharma	$43.3M	67.8x	-5.7x
Gensight Biologics	$41.2M	8.1x	-1.6x
Vitrafy	$39.9M	n/a	n/a
Oncopeptides	$39.8M	5.7x	-1.6x
Vivoryon Therapeutics	$39.7M	n/a	-1.9x
Ascelia Pharma	$39.5M	10.6x	-12.3x
IRLAB Therapeutics	$38.0M	n/a	n/a
J. Molner	$37.7M	n/a	n/a
Medicenna Therapeutics	$36.1M	n/a	n/a
Lipum	$35.5M	n/a	-6.3x
Genoway	$34.6M	1.4x	8.7x
Intervacc	$33.8M	n/a	n/a
Rapport Therapeutics	$33.1M	n/a	-0.3x
Poltreg	$33.0M	n/a	n/a
Active Biotech	$32.7M	n/a	-10.1x
Guard Therapeutics Intl	$31.2M	n/a	-2.9x
Aqua Bio Technology	$30.7M	n/a	n/a
Biosenic	$30.5M	n/a	n/a
Elicera Therapeutics	$29.5M	n/a	-17.8x
Vytrus Biotech	$29.2M	n/a	n/a
Nanexa	$28.9M	n/a	n/a
Dyadic International	$28.9M	7.6x	n/a
Mabion	$28.7M	2.1x	-14.7x
Cantargia	$27.1M	6.5x	-1.6x
Captor Therapeutics	$27.0M	n/a	n/a
Xintela	$26.3M	n/a	n/a
Biotechnology Assets	$25.7M	n/a	n/a
AlzeCure Pharma	$24.5M	28.9x	-40.0x
Biogened	$24.1M	n/a	n/a
Relief Therapeutics	$23.6M	n/a	n/a
Corline Biomedical	$23.5M	14.2x	-38.6x
Urteste	$22.6M	n/a	n/a
Valerio Therapeutics	$21.7M	n/a	n/a
Karolinska Development	$21.7M	n/a	n/a
Evaxion	$19.6M	5.7x	n/a
Mendus	$19.5M	4.7x	-2.1x
Pharma Equity Group	$19.3M	16.8x	-12.9x
Nanogroup	$19.0M	n/a	n/a
SoftOx Solutions	$17.8M	n/a	n/a
Glycorex Transplantation	$17.7M	n/a	n/a
Moberg Pharma	$17.6M	14.1x	-8.0x
Plant Advanced	$17.3M	n/a	n/a
Lipidor	$17.0M	n/a	n/a
AcuCort	$16.8M	59.1x	-9.4x
Alzinova	$16.8M	15.8x	-9.9x
GeNeuro	$16.7M	n/a	n/a
Enorama Pharma	$16.3M	n/a	n/a
Cinclus Pharma Holding	$15.9M	3.0x	-1.0x
Celyad Oncology	$15.3M	n/a	n/a
Medivir	$15.3M	35.5x	-1.4x
Alligator Bioscience	$14.4M	2.3x	-0.8x
Read-Gene	$13.6M	n/a	n/a
Arterra Bioscience	$13.5M	2.2x	6.7x
Aton	$12.9M	n/a	n/a
Oxurion	$12.6M	n/a	n/a
Bio-Works Technologies	$12.0M	n/a	n/a
NLS Pharmaceutics	$11.7M	n/a	n/a
Arctic Bioscience	$11.6M	2.1x	-4.1x
Theranexus	$11.4M	n/a	n/a
Toleranzia	$11.2M	n/a	n/a
Abera Bioscience	$11.0M	n/a	n/a
Pure Biologics	$10.8M	n/a	n/a
Exact Therapeutics	$8.9M	n/a	n/a
Pila Pharma	$8.8M	n/a	n/a
Klaria Pharma Holding	$8.7M	6.1x	-18.4x
Biophytis	$8.4M	3.8x	-0.4x
Biosergen	$8.4M	n/a	-3.9x
DexTech Medical	$8.3M	n/a	n/a
Kancera	$7.9M	n/a	-2.6x
Nanologica	$7.8M	2.6x	-2.2x
Opsy Holding	$7.3M	n/a	n/a
Oncoinvent	$7.2M	7.4x	-0.6x
AcouSort	$7.2M	n/a	n/a
Autolus Therapeutics	$6.9M	0.2x	-0.0x
Coegin Pharm	$6.3M	n/a	n/a
Hemp & Health	$6.0M	n/a	n/a
Circio Holding	$5.7M	1.4x	-3.0x
Newbury Pharmaceuticals	$5.3M	n/a	n/a
Medicofarma Biotech	$5.3M	n/a	n/a
Modus Therapeutics	$5.2M	n/a	-2.5x
TME Pharma	$4.9M	n/a	-1.4x
NextCell Pharma	$4.8M	3.7x	-1.1x
Addex Therapeutics	$4.7M	4.6x	n/a
Vivesto	$4.7M	n/a	-1.2x
Scandinavian ChemoTech	$4.6M	n/a	n/a
2cureX	$4.6M	n/a	n/a
Spago Nanomedical	$4.6M	22.2x	-1.4x
Nidhogg Resources Holding	$4.4M	n/a	n/a
Chosa Oncology	$4.3M	n/a	n/a
Simris Alg	$4.1M	n/a	n/a
OncoZenge	$4.0M	31.4x	-4.0x
Cannabis Poland	$4.0M	n/a	n/a
Genxone	$3.9M	n/a	n/a
PEPTONIC medical	$3.8M	n/a	n/a
Annexon	$3.8M	n/a	-0.0x
PCI Biotech Holding	$3.8M	n/a	n/a
Biovica Intl	$3.7M	n/a	n/a
Isofol Medical	$3.7M	n/a	n/a
QUIA PHARMA	$3.6M	n/a	n/a
Strategic Partners	$3.2M	n/a	n/a
PharmaLundensis	$3.1M	n/a	n/a
Applied Therapeutics	$3.0M	2.5x	-0.0x
Double Bond	$2.7M	n/a	n/a
Respiratorius	$2.5M	n/a	n/a
Stayble Therapeutics	$2.1M	n/a	-16.9x
Stenocare	$1.9M	3.7x	-0.8x
NanoEcho	$1.6M	n/a	n/a
BioLineRx	$1.3M	0.1x	-0.1x
Nextgen Biomed	$1.2M	n/a	n/a
Diagonal Bio	$1.1M	n/a	n/a
Gabather	$0.9M	n/a	n/a
Lipigon Pharmaceuticals	$0.7M	0.8x	-0.2x
Sprint Bioscience	$0.6M	0.1x	-0.4x
bioXXmed	$0.5M	n/a	n/a
Camp4 Therapeutics	$0.5M	0.4x	-0.0x
DanCann Pharma	$0.3M	n/a	n/a
Neovacs	$12K	n/a	n/a
Fluicell	-$0.7M	n/a	n/a
Lidds	-$0.7M	n/a	n/a
Scandion Oncology	-$1.5M	n/a	n/a
ExpreS2ion Biotech Hldg	-$1.9M	-2.2x	n/a
CombiGene	-$2.5M	n/a	n/a
Sage Therapeutics	-$3.7M	-0.1x	0.0x
BerGenBio	-$6.2M	-203.8x	0.6x
Galecto	-$6.2M	n/a	n/a
NUTEX	-$6.7M	n/a	n/a
Molecular Partners	-$7.2M	-1.9x	0.1x
Neurogene	-$11.8M	-21.6x	n/a
Climb Bio	-$15.1M	n/a	n/a
PHAXIAM Therapeutics	-$22.2M	n/a	n/a
Cassava Sciences	-$22.6M	n/a	n/a
Q32 Bio	-$23.6M	n/a	n/a
IGM Biosciences	-$28.2M	-4.1x	0.2x
Olema Pharmaceuticals	-$28.9M	n/a	0.2x
Amarin Corp	-$32.0M	-0.2x	0.4x
Third Harmonic Bio	-$33.5M	n/a	n/a
Barinthus Biotherapeutics	-$42.8M	-4.8x	n/a
Nykode Therapeutics	-$49.3M	-6.2x	1.1x
Terns Pharma	-$62.3M	n/a	0.6x
Contineum Therapeutics	-$92.3M	-37.5x	1.5x
Cargo Therapeutics	-$93.8M	n/a	0.6x
4D Molecular Therapeutics	-$126M	-77.9x	0.6x
Relay Therapeutics	-$135M	-12.5x	0.4x
Prothena Corp.	-$155M	-1.7x	n/a
Pliant Therapeutics	-$161M	-235.6x	0.8x
Bioage Labs	-$168M	-301.8x	2.4x
Alector	-$172M	-2.7x	1.0x
Galapagos	-$1.8B	-5.6x	10.0x