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Public Comps and Valuation Multiples for BioTech

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

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BioTech

Viewing 50 of 1436 companies with full data

Company	Market Cap	Enterprise Value	LTM Revenue	EV/LTM Revenue	EV/LTM EBITDA
Eli Lilly	$906B	$944B	$72B	13.0x	27.7x
Johnson & Johnson	$555B	$588B	$97B	6.1x	16.3x
AbbVie	$368B	$432B	$63B	6.8x	15.9x
Roche	$330B	$353B	$80B	4.4x	11.1x
AstraZeneca	$289B	$315B	—	—	—
Novartis	$286B	$325B	$55B	5.9x	14.2x
Merck	$280B	$324B	$66B	4.9x	12.1x
Novo Nordisk	$207B	$227B	$48B	4.8x	9.9x
Amgen	$182B	$227B	$37B	6.1x	13.4x
Thermo Fisher Scientific	$166B	$206B	$46B	4.5x	17.8x
Gilead Sciences	$165B	$180B	$30B	6.0x	14.4x
Pfizer	$148B	$199B	$62B	3.2x	8.4x
Danaher	$117B	$130B	$25B	5.2x	16.6x
Bristol-Myers Squibb	$115B	$151B	$48B	3.2x	8.7x
Vertex Pharmaceuticals	$115B	$110B	$12B	8.9x	20.1x
Sanofi	$104B	$121B	$55B	2.2x	7.4x
GSK	$103B	$124B	$45B	2.8x	8.1x
Chugai Pharma	$81B	$76B	$8B	9.1x	17.6x
Regeneron	$75B	$69B	$15B	4.7x	13.1x
Japan Tobacco	$70B	$75B	$23B	3.3x	10.7x
Merck KGaA	$58B	$68B	$24B	2.8x	9.8x
Jiangsu Hengrui Pharma	$55B	$49B	$5B	10.0x	34.6x
UCB	$53B	$53B	$9B	5.6x	16.5x
Takeda Pharmaceuticals	$52B	$79B	$29B	2.8x	10.0x
argenx	$50B	$46B	$5B	9.4x	31.3x
Wuxi AppTec	$49B	$43B	$7B	6.2x	12.4x
Galderma	$48B	$50B	$6B	8.8x	36.4x
Sun Pharma	$46B	$43B	$6B	7.0x	23.9x
Bayer	$44B	$78B	$53B	1.5x	7.0x
Samsung BioLogics	$44B	$43B	$3B	13.1x	24.0x
Celestica	$43B	$43B	$15B	2.9x	33.0x
Lonza Group	$42B	$47B	$9B	5.4x	17.0x
Teva Pharmaceuticals	$42B	$55B	$17B	3.2x	10.7x
IDEXX Laboratories	$42B	$43B	$4B	9.6x	27.1x
Haleon	$40B	$50B	$15B	3.3x	12.8x
Alnylam Pharmaceuticals	$39B	$37B	$4B	8.4x	40.3x
Sandoz	$38B	$42B	$11B	3.6x	16.5x
Otsuka Holdings	$37B	$35B	$16B	2.2x	9.6x
CSL	$34B	$44B	$15B	2.9x	8.3x
BeOne Medicines	$34B	$30B	$6B	5.3x	40.0x
Waters	$33B	$38B	$4B	8.7x	25.6x
Revolution Medicines	$32B	$30B	$36M	842.3x	(22.0x)
Agilent	$32B	$33B	$7B	4.7x	16.1x
Daiichi Sankyo	$31B	$30B	$14B	2.2x	15.0x
Zoetis	$31B	$38B	$10B	4.0x	9.2x
Alcon	$31B	$35B	$11B	3.3x	12.8x
Biogen	$30B	$32B	$10B	3.3x	10.7x
ResMed	$30B	$29B	$6B	5.1x	13.3x
IQVIA	$29B	$43B	$17B	2.6x	11.1x
Qinghai Salt Lake Industry	$29B	$25B	$3B	8.5x	15.4x
GE HealthCare	$28B		$21B
Hansoh Pharma	$28B		$2B
Natera	$28B		$2B
Celltrion	$28B		$3B
Astellas Pharma	$27B		$13B
Fresenius	$26B		$27B
Insmed	$26B		$1B
FUJIFILM	$25B		$21B
United Therapeutics	$25B		$3B
Royalty Pharma	$24B		$3B
BioNTech	$23B		$3B
Illumina	$22B		$4B
EVE Energy Co.	$22B		$11B
Quest Diagnostics	$21B		$11B
Industries Qatar	$21B		$4B
Roivant Sciences	$21B		$17M
Labcorp	$21B		$14B
Mettler Toledo	$21B		$4B
Viatris	$20B		$14B
Moderna	$20B		$2B
Exact Sciences	$20B		—
Incyte	$20B		$5B
Innovent Biologics	$19B		$2B
CF Industries	$19B		$7B
Divi's Laboratories	$19B		$1B
SABIC Agri-Nutrient	$19B		$4B
Sartorius	$18B		$4B
Wuxi Biologics	$18B		$3B
Straumann Group	$17B		$3B
Hologic	$17B		—
Genmab	$17B		$4B
Sobi	$16B		$3B
Neurocrine Biosciences	$16B		$3B
Sichuan Biokin	$16B		$364M
Shionogi	$16B		$3B
Ipsen	$16B		$5B
Sartorius	$15B		$4B
Torrent Pharmaceuticals	$15B		$1B
Ascendis Pharma	$15B		$1B
Akeso	$15B		$554M
Zhejiang NHU	$15B		$4B
Summit Therapeutics	$15B		$3M
Jazz Pharmaceuticals	$15B		$4B
Coloplast	$14B		$4B
United Imaging	$14B		$2B
Yunnan Baiyao Group	$14B		$6B
Regencell Bioscience	$14B		—
Kelun-Biotech	$13B		$336M
BridgeBio Pharma	$13B		$668M
Guardant Health	$13B		$1B
Exelixis	$13B		$2B
Sino Biopharmaceutical	$13B		$5B
Kirin Holdings	$13B		$16B
Ionis Pharmaceuticals	$13B		$923M
Penumbra	$13B		$1B
Alteogen	$13B		$208M
Zhangzhou Pientzehuang	$12B		$1B
Eurofins Scientific	$12B		$9B
Medpace	$12B		$3B
Axsome Therapeutics	$12B		$762M
Madrigal Pharmaceuticals	$12B		$1B
Recordati	$12B		$3B
CSPC Pharma Group	$12B		$4B
Cooper Companies	$12B		$4B
Cipla	$11B		$3B
Orion	$11B		$2B
Dr Reddy's Laboratories	$11B		$4B
Arrowhead Pharmaceuticals	$11B		$605M
Elanco	$11B		$5B
Revvity	$11B		$3B
Lupin	$11B		$3B
Financiere de Tubize	$11B		—
Cytokinetics	$10B		$94M
Mankind Pharma	$10B		$2B
BioMarin Pharmaceutical	$10B		$3B
Insulet	$10B		$3B
bioMérieux	$10B		$5B
Zydus Lifesciences	$10B		$3B
Abivax	$10B		$4M
Praxis Precision Medicines	$10B		$2M
Krystal Biotech	$9B		$438M
PharmaEssentia	$9B		$599M
Haisco Pharmaceutical	$9B		$734M
Fosun Pharma	$9B		$6B
Aurobindo Pharma	$9B		$4B
Krka	$9B		$2B
Wuxi XDC	$9B		$985M
ICON plc	$9B		$8B
Baxter International	$9B		$11B
ALK	$9B		$1B
Hebei Yangyuan Zhihui	$9B		$808M
RemeGen	$9B		$688M
Huadong Medicine	$9B		$7B
ImmunityBio	$9B		$152M
Eisai Co.	$8B		$5B
Samsung Bioepis	$8B		$1B
Nuvalent	$8B		$5M
Halozyme Therapeutics	$8B		$2B
Glaukos	$8B		$553M
Charles River	$8B		$4B
Vaxcyte	$8B		—
Kyowa Kirin	$8B		$3B
OMRON	$8B		$5B
Wantai BioPharm	$8B		—
Demant	$8B		$4B
Ono Pharmaceutical	$8B		$3B
Kelun	$8B		$3B
Far East Smarter Energy	$8B		$4B
Fertiglobe	$7B		$3B
Gedeon Richter	$7B		$3B
Bachem	$7B		$1B
Merus	$7B		—
Laurus Labs	$7B		$730M
Biocon	$7B		$2B
Dixon Technologies	$7B		$5B
Kymera Therapeutics	$7B		$54M
Bio-Techne	$7B		$1B
Kolon TissueGene	$7B		$4M
Alkem Laboratories	$7B		$2B
Pharmaron Beijing	$7B		$2B
Sonic Healthcare	$7B		$8B
Qiagen	$7B		$2B
Arcellx	$7B		$45M
Glenmark Pharma	$7B		$2B
Protagonist Therapeutics	$7B		$212M
Ingredion	$7B		$7B
3SBio	$7B		$2B
Mirum Pharmaceuticals	$7B		$578M
Spyre Therapeutics	$7B		—
Asymchem Laboratories	$7B		$1B
CG Oncology	$7B		$7M
TG Therapeutics	$7B		$733M
Dottikon ES Holding	$6B		$602M
Alkermes	$6B		$2B
Rhythm Pharmaceuticals	$6B		$233M
Grifols	$6B		$9B
NewMarket	$6B		$3B
Apogee Therapeutics	$6B		—
Lundbeck	$6B		$4B
Shanghai Allist	$6B		$843M
China Resources Sanjiu	$6B		$5B
Samchundang Pharm	$6B		—
Hebei Changshan	$6B		—
Belite Bio	$6B		$8M
Corcept Therapeutics	$6B		$840M
Centessa Pharmaceuticals	$6B		$9M
Terns Pharma	$6B		—
PTC Therapeutics	$6B		$2B
Abbott India	$6B		$732M
Repligen	$6B		$769M
Scholar Rock	$6B		$2M
Celcuity	$6B		$21M
Immunovant	$6B		—
Hangzhou Tigermed	$6B		$1B
Cogent Biosciences	$6B		$4M
Bausch + Lomb	$6B		$5B
Sumitomo Chemical	$6B		$15B
Beijing Tongrentang	$6B		$3B
Chongqing Zhifei	$5B		$1B
Shanghai RAAS	$5B		—
Xenon Pharmaceuticals	$5B		$6M
Shanghai Junshi	$5B		$410M
Imeik Technology Development	$5B		$374M
Legend Biotech	$5B		$1B
Apellis Pharmaceuticals	$5B		$955M
Changchun High-Tech	$5B		$2B
SK Biopharmaceuticals	$5B		$537M
Balchem	$5B		$1B
Gan and Lee	$5B		$631M
Liquidia	$5B		$366M
CRISPR Therapeutics	$5B		$18M
Dong-E-E-Jiao	$5B		$1B
Caliway Biopharmaceuticals	$5B		—
Stevanato Group	$5B		$1B
PI Indus	$5B		$732M
LigaChem Biosciences	$5B		$112M
Henlius Biotech	$5B		$1B
Anthem Biosciences	$5B		$226M
Sumitomo Pharma	$5B		$3B
Dianthus Therapeutics	$5B		$2M
ABL Bio	$5B		$67M
Amicus Therapeutics	$5B		$679M
Kiniksa Pharmaceuticals	$5B		$774M
Indivior Pharmaceuticals	$5B		$1B
Siegfried	$4B		$2B
Veradermics	$4B		—
Humanwell Healthcare	$4B		—
Ligand Pharmaceuticals	$4B		$274M
Sotera Health	$4B		$1B
NewAmsterdam Pharma	$4B		$25M
Tianjin Pharma	$4B		—
GSK India	$4B		$410M
Yuhan	$4B		$2B
Shijiazhuang Yiling	$4B		$1B
Brightgene Bio-medical	$4B		—
Zelgen Biopharmaceuticals	$4B		$186M
BillionToOne	$4B		$360M
Peptron	$4B		—
Travere Therapeutics	$4B		$567M
Bayer SA	$4B		—
Beijing Tiantan	$4B		$916M
Genscript Biotech	$4B		$906M
Ajanta Pharma	$4B		$582M
Hikma Pharmaceuticals	$4B		$3B
CR Pharmaceutical	$4B		$40B
Ipca Laboratories	$4B		$1B
Diasorin	$4B		$1B
Crinetics Pharmaceuticals	$4B		$30M
Amneal Pharmaceuticals	$4B		$3B
Hualan Biological Engineering	$4B		$672M
Hubei Jumpcan	$4B		$914M
Catalyst Pharmaceuticals	$4B		$605M
ACADIA Pharmaceuticals	$4B		$1B
Aspen Pharmacare	$4B		$2B
Livzon Pharmaceutical Group	$4B		$2B
Oruka Therapeutics	$4B		—
Hanmi Pharm	$4B		$1B
Jointown Pharmaceutical	$4B		$24B
Zhejiang Huahai	$4B		$1B
Santen Pharmaceutical	$4B		$2B
China Medical System	$4B		$1B
Viking Therapeutics	$4B		—
Tango Therapeutics	$4B		$42M
Edgewise Therapeutics	$4B		—
Laboratorios Rovi	$4B		$889M
Telix Pharmaceuticals	$4B		$864M
Amoytop Biotech	$4B		$589M
InnoCare Pharma	$4B		$343M
J.B. Chemicals & Pharma	$4B		$456M
Walvax Biotechnology	$4B		$358M
Organon	$4B		$6B
Zealand Pharma	$3B		$1B
Kangmei Pharmaceutical Co.	$3B		—
Virbac	$3B		$2B
Twist Bioscience	$3B		$420M
Rohto Pharmaceutical	$3B		$2B
Hypera	$3B		$2B
a2 Milk	$3B		$1B
Camurus	$3B		$269M
Jilin Aodong	$3B		—
Tasly	$3B		$1B
Emcure Pharmaceuticals	$3B		$981M
Yili Chuannig Biotech	$3B		$687M
Beam Therapeutics	$3B		$114M
Erasca	$3B		—
K+S	$3B		$4B
BB Biotech	$3B		—
Voronoi	$3B		$12M
Jiangsu Nhwa	$3B		$893M
Gland Pharma	$3B		$676M
Betta Pharmaceuticals	$3B		$572M
Alumis	$3B		$18M
Arcus Biosciences	$3B		$189M
Denali Therapeutics	$3B		$18M
Kanghong Pharmaceutical	$3B		$689M
BioArctic	$3B		$184M
Apeloa Pharmaceutical	$3B		$1B
Veracyte	$3B		$542M
Dyne Therapeutics	$3B		—
Sunshine Lake Pharma	$3B		—
Hybio Pharmaceutical	$3B		—
Supernus Pharmaceuticals	$3B		$772M
Sinocelltech Group	$3B		—
Bloomage BioTechnology	$3B		$619M
Dermapharm Holding	$3B		$1B
Joincare Pharmaceutical	$3B		$2B
Almirall	$3B		$1B
Jamjoom Pharma	$3B		$413M
Vera Therapeutics	$3B		$14M
Duality Biotherapeutics	$3B		$256M
Tarsus Pharmaceuticals	$3B		$541M
Insight Lifetech	$3B		—
Soleno Therapeutics	$3B		$292M
Dr. Lal PathLabs	$3B		$295M
Kailera Therapeutics	$3B		—
China Res Double-Crane	$3B		$2B
Arcutis Biotherapeutics	$3B		$420M
Hisamitsu Pharmaceutical	$3B		$1B
Structure Therapeutics	$3B		$11M
Disc Medicine	$3B		—
10x Genomics	$3B		$632M
Wockhardt	$3B		—
Enliven Therapeutics	$3B		—
Grand Pharmaceutical	$3B		$2B
Ultragenyx	$3B		$698M
BGI Genomics	$3B		$553M
GRAIL	$3B		$159M
Buchang Pharma	$3B		—
TransThera Sciences	$3B		—
Nektar Therapeutics	$3B		$50M
Celldex Therapeutics	$3B		$2M
IDEAYA Biosciences	$3B		$151M
Relay Therapeutics	$3B		$14M
Immunome	$3B		$5M
Kodiak Sciences	$2B		—
Piramal Pharma	$2B		$950M
Prestige Consumer Healthcare	$2B		$1B
BioKangtai	$2B		$398M
BioCryst Pharma	$2B		$800M
United Laboratories International	$2B		$2B
Sai Life Sciences	$2B		$238M
Definium Therapeutics	$2B		—
Jafron Biomedical	$2B		$303M
Jinyu Bio-Technology Co.	$2B		$219M
Pharvaris	$2B		—
Elekta	$2B		$2B
Nanobiotix	$2B		$41M
Sinbon Electronics	$2B		$1B
BeBetter Med	$2B		—
Bavarian Nordic	$2B		$919M
HUTCHMED (China)	$2B		$582M
Inner Mongolia Furui Medical Science	$2B		$256M
CJ CheilJedang	$2B		$19B
Day One Biopharmaceutical	$2B		$193M
Mineralys Therapeutics	$2B		—
Neuland Laboratories	$2B		$215M
Pfizer India	$2B		$266M
Natco Pharma	$2B		$415M
Anhui Anke Biotechnology	$2B		$400M
Kalbe Farma	$2B		$2B
AstraZeneca Pharma India	$2B		—
PharmaResearch	$2B		$395M
Trevi Therapeutics	$2B		—
Nanjing King-Friend	$2B		$616M
SK Bioscience	$2B		$467M
Tyra Biosciences	$2B		—
OneSource Specialty	$2B		$155M
Axogen	$2B		$242M
Avadel Pharmaceuticals	$2B		$5B
Cosmo Pharmaceuticals	$2B		$128M
Adaptive Biotech	$2B		$280M
Hepalink	$2B		$808M
Generate Biomedicines	$2B		$30M
Mabwell	$2B		$121M
Aurinia Pharmaceuticals	$2B		$299M
Chengzhi	$2B		—
Fagron	$2B		$1B
Genus	$2B		$914M
Establishment Labs	$2B		$232M
Ocular Therapeutix	$2B		$52M
Hugel	$2B		$311M
Intellia Therapeutics	$2B		$65M
Yifan Pharmaceutical	$2B		$780M
Sarepta Therapeutics	$2B		$2B
D&D Pharmatech	$2B		$8M
ST Pharm	$2B		$245M
Pharma Mar	$2B		$260M
Stoke Therapeutics	$2B		$126M
Bausch Health	$2B		$10B
ADMA Biologics	$2B		$532M
Syngene	$2B		$397M
Guobang Pharma	$2B		$918M
Sionna Therapeutics	$2B		—
Ascentage Pharma Group	$2B		$102M
InventisBio	$2B		$10M
Eris Lifesciences	$2B		$344M
Zhejiang Wolwo Bio-Pharma	$2B		$162M
Taysha GTx	$2B		$7M
Mesoblast	$2B		$112M
Cheezheng Tibetan Medicine	$2B		—
Granules India	$2B		$576M
Syndax	$2B		$236M
Hualan Biological Vaccine	$2B		$186M
uniQure	$2B		$18M
ANI Pharmaceuticals	$2B		$971M
Cohance Lifesciences	$2B		$240M
AnaptysBio	$2B		$187M
Rapport Therapeutics	$2B		$7M
Oculis Holding	$2B		$3M
Galapagos	$2B		$840M
Qingdao Baheal Medical	$2B		$1B
Zymeworks	$2B		$181M
Galecto	$2B		—
Harmony Biosciences	$2B		$921M
Nippon Shinyaku	$2B		$1B
MBX Biosciences	$2B		—
Jiuzhou Pharmaceutical	$2B		$794M
Viridian Therapeutics	$2B		$62M
Capricor Therapeutics	$2B		$49M
Tsumura	$2B		$1B
Palvella Therapeutics	$2B		—
Inhibrx Biosciences	$2B		$823K
Lotus Pharmaceutical	$2B		$779M
Zydus Wellness	$2B		$424M
Agios Pharmaceuticals	$2B		$78M
Innoviva	$2B		$422M
BoneSupport	$2B		$140M
Poly Medicure	$2B		$201M
Faes Farma	$2B		$775M
RAPT Therapeutics	$2B		—
VCANBIO	$2B		—
Vericel	$2B		$297M
Nurix Therapeutics	$2B		$71M
Chongqing Genrix	$2B		$53M
Nuvation Bio	$2B		$114M
Weigao Group	$2B		$233M
Draegerwerk	$2B		$4B
Jubilant Pharmova	$2B		$860M
Porton Pharma Solutions	$2B		$524M
Chengdu Easton	$2B		$204M
Pacific Shuanglin	$2B		—
Iovance Biotherapeutics	$2B		$300M
Bora Pharmaceuticals	$2B		$640M
Recursion Pharmaceuticals	$2B		$69M
Amylyx Pharmaceuticals	$2B		—
CStone Pharmaceuticals	$2B		$50M
Monte Rosa Therapeutics	$2B		$95M
PolyPeptide	$2B		$491M
FMC	$2B		$4B
Borregaard	$2B		$818M
Alembic Pharmaceuticals	$2B		$785M
Ardelyx	$2B		$458M
Vir Biotechnology	$2B		$103M
Yantai Dongcheng	$2B		$413M
Mezzion Pharma	$2B		—
Zhejiang Jolly	$2B		$485M
Oxford Nanopore Technologies	$2B		$326M
AtaiBeckley	$2B		$3M
Square Pharma	$2B		—
Sawai Group Holdings	$2B		$1B
Celltrion Pharm	$2B		—
Novavax	$2B		$847M
Perrigo	$2B		$4B
UroGen Pharma	$2B		$166M
Hanall Biopharma	$2B		$108M
GH Research	$2B		—
Sinopep	$1B		—
Idorsia	$1B		$282M
Maze Therapeutics	$1B		$7M
Precigen	$1B		$49M
Immatics	$1B		$52M
Ab&B Bio-Tech	$1B		—
Immunocore Holdings	$1B		$418M
Caplin Point Laboratories	$1B		$225M
Liaoning Chengda Biotech	$1B		$198M
AbCellera	$1B		$60M
Damora Therapeutics	$1B		—
4DMedical	$1B		$5M
Star Lake Bioscience	$1B		$2B
Phibro Animal Health	$1B		$1B
BioGaia	$1B		$175M
KalVista Pharmaceuticals	$1B		$107M
Daan Gene	$1B		—
Youcare Pharmaceutical	$1B		—
CVR Partners	$1B		$606M
Bicara Therapeutics	$1B		—
Semnur Pharmaceuticals	$1B		—
Fortrea	$1B		$3B
HBM Holdings	$1B		$185M
Everest Medicines	$1B		$342M
Biohaven	$1B		—
MoonLake	$1B		—
ArriVent BioPharma	$1B		—
WAVE Life Sciences	$1B		$48M
Jiangxi Fushine Pharma	$1B		$240M
Corvus Pharma	$1B		($73K)
Aurisco Pharmaceutical	$1B		$260M
Shanghai Medicilon	$1B		$186M
MapLight Therapeutics	$1B		—
Sino Biological	$1B		—
Corbion	$1B		$1B
Avalyn Pharma	$1B		—
Uniphar	$1B		$4B
Nomad Foods	$1B		$4B
Eczacıbaşı İlaç	$1B		—
Suzhou Sepax Technologies	$1B		$66M
Zenas BioPharma	$1B		$14M
Guilin Sanjin	$1B		—
Jade Biosciences	$1B		—
Concord Biotech	$1B		$124M
GemPharmatech	$1B		$125M
Zhejiang Ausun	$1B		—
Bio-Thera Solutions	$1B		—
Oscotec	$1B		$63M
SELLAS Life Sciences	$1B		—
DBV Technologies	$1B		$5M
Inventiva	$1B		$5M
Vazyme Biotech	$1B		$214M
Olema Pharmaceuticals	$1B		$826K
Shanghai Haohai	$1B		$365M
Neuren Pharma	$1B		$49M
MedinCell	$1B		$39M
Alphatec Holdings	$1B		$808M
GuangYuYuan Chinese	$1B		—
Arcs Co	$1B		$4B
Alvotech	$1B		$602M
GNI Group	$1B		$180M
Kissei Pharmaceutical	$1B		$619M
Innovita Biological Tech	$1B		$59M
Collegium Pharmaceutical	$1B		$815M
EyePoint	$1B		$20M
Septerna	$1B		$56M
Changchun BCHT	$1B		$96M
Harrow	$1B		$300M
Xeris Biopharma	$1B		$326M
Strides Pharma	$1B		$515M
Chengdu Kanghua	$1B		$178M
Lepu Biopharma	$1B		$135M
Eckert & Ziegler	$1B		$367M
Lexicon Pharmaceuticals	$1B		$46M
Savara	$1B		$2M
Aktis Oncology	$1B		$11M
ACROBiosystems	$1B		$136M
NeoGenomics	$1B		$754M
CareDx	$1B		$408M
Daewoong Pharmaceutical	$1B		$1B
TOWA Pharmaceutical	$1B		$2B
China TCM	$1B		$2B
Evotec	$1B		$901M
CureVac	$1B		—
Avalo Therapeutics	$1B		$37K
Oxford BioMedica	$1B		$256M
Omeros	$1B		$27M
TchaikaPharma	$1B		—
Philogen	$1B		$259M
Butterfly Network	$1B		$105M
PYC Therapeutics	$1B		$5M
Jamieson Wellness	$1B		$628M
Keqian Biology	$1B		$145M
Ventyx Biosciences	$1B		—
Cullinan Therapeutics	$1B		$8M
SanBio	$1B		$4M
Phathom Pharmaceuticals	$1B		$233M
MannKind	$992M		$390M
PharmaNutra	$989M		$163M
AprilBio	$988M		$11M
Vetoquinol	$984M		$609M
Design Therapeutics	$976M		—
PegBio	$974M		—
Kaken Pharmaceutical	$963M		$485M
SPIMACO - ADDWAEIH	$962M		$472M
Anhui Huaheng	$961M		$446M
Novogene	$958M		$338M
Mega Lifesciences	$956M		$464M
Genomma Lab	$956M		$1B
HK inno.N	$954M		$736M
Schrödinger	$954M		$253M
Marksans Pharma	$948M		$308M
LB Pharmaceuticals	$925M		—
MeiraGTx	$922M		$70M
Center Laboratories	$922M		—
Pharming	$920M		$382M
Xencor	$918M		$105M
PeptiDream	$912M		$177M
Biotest	$910M		—
Geron	$908M		$202M
Pacira BioSciences	$907M		$741M
Procter & Gamble Health	$906M		$143M
Adlai Nortye	$906M		$4M
Annexon	$892M		—
Sana Biotechnology	$891M		—
Janux Therapeutics	$890M		$17M
Gen İlaç	$889M		—
ORIC Pharmaceuticals	$889M		—
Aura Biosciences	$885M		—
SSY Group	$881M		—
Basilea Pharmaceutica	$875M		$311M
Takara Bio	$872M		$255M
Akums Drugs and Pharma	$866M		$463M
Vor Biopharma	$862M		—
Theravance	$859M		$111M
R&G PharmaStudies	$853M		$127M
SEEGENE	$851M		$340M
Bioage Labs	$851M		$8M
Arbutus Biopharma	$849M		$10M
Allergy Therapuetics	$849M		$84M
Alpha Tau Medical	$848M		$468K
Guangzhou Innogen Pharma	$844M		$35M
Eton Pharmaceuticals	$843M		$88M
Kura Oncology	$842M		$78M
Evommune	$839M		$11M
Gubra	$836M		$295M
OPKO Health	$834M		$582M
Bright Minds Biosciences	$832M		—
Absci	$829M		$5M
Sirio Pharma Co	$827M		$646M
CytomX Therapeutics	$824M		$61M
New Horizon Health	$816M		—
Amphastar Pharma	$808M		$732M
Blue Jet Healthcare	$807M		$106M
Odyssey Therapeutics	$807M		—
Esperion Therapeutics	$804M		$397M
Allogene Therapeutics	$804M		$5K
Alto Neuroscience	$801M		—
Diagnósticos da América	$799M		$2B
SpyGlass Pharma	$796M		—
ARS Pharmaceuticals	$795M		$111M
Jiangsu Bioperfectus	$795M		—
Relmada Therapeutics	$786M		—
Hyundai Bioscience	$784M		—
Sanofi India	$782M		$203M
Oneness Biotech	$772M		—
Bide Pharmatech Co	$771M		$208M
SunOpta	$769M		$818M
Clarity Pharmaceuticals	$768M		$3M
ToolGen	$764M		—
Chabiotech	$762M		—
Certara	$745M		$411M
Sido Muncul	$745M		$243M
Guizhou Sanli	$735M		—
Pharmicell	$731M		$89M
Arjo	$728M		$1B
Solid Biosciences	$726M		—
Astria Therapeutics	$714M		—
Zentiva	$711M		—
Aclaris Therapeutics	$711M		$7M
Assure Tech	$707M		—
Gyre Therapeutics	$707M		$111M
Chong Kun Dang Pharma	$704M		$1B
Top Gum	$703M		—
Scitop Bio-tech	$701M		—
Gujarat State Fertilizers	$701M		$1B
Nxera Pharma	$685M		$213M
Lumosa Therapeutics	$685M		$3M
Alkaloid	$676M		—
Aarti Pharmalabs	$670M		—
Personalis	$669M		$73M
Eikon Therapeutics	$666M		—
Zentiva	$665M		—
Onconic Therapeutics	$665M		—
Sunmax Biotechnology	$659M		—
Zevra Therapeutics	$657M		$122M
Sutro Biopharma	$656M		$77M
Kyverna Therapeutics	$655M		—
Candel Therapeutics	$654M		—
Climb Bio	$653M		—
Tilray Brands	$653M		$881M
BridgeBio Oncology	$648M		—
Maravai LifeSciences	$645M		$195M
Arvinas	$636M		$211M
Tempo Scan Pacific	$624M		—
Achieve Life Sciences	$612M		—
Intrepid Potash	$610M		$278M
Knight Therapeutics	$609M		$345M
Ironwood Pharmaceuticals	$603M		$356M
TTY Biopharm	$597M		$210M
Rigel Pharmaceuticals	$594M		$285M
Prime Medicine	$591M		$8M
Cormedix	$588M		$310M
Cabaletta Bio	$585M		—
Altimmune	$585M		$29K
Medipost	$580M		—
Grupa Azoty	$578M		$4B
Supriya Lifescience	$574M		$89M
enGene	$572M		—
Immix Biopharma	$571M		—
Boiron	$568M		—
Valneva	$563M		$197M
Ginkgo Bioworks	$561M		$153M
Avalon Pharma	$554M		$130M
Agomab Therapeutics	$551M		—
Castle Biosciences	$550M		$347M
Note	$548M		$455M
4D Molecular Therapeutics	$546M		$58M
Tectonic Therapeutic	$544M		—
Crescent Biopharma	$541M		$8M
Nika Pharmaceuticals	$534M		—
Contineum Therapeutics	$529M		$3M
Abclon	$526M		—
Avacta Group	$525M		$2M
MiMedx Group	$524M		$368M
XOMA Royalty	$524M		$55M
Ovid Therapeutics	$523M		$5M
Regenxbio	$518M		$201M
Shattuck Labs	$517M		$633K
Neurogene	$517M		—
Grape King Bio	$515M		$334M
Genfit	$515M		$83M
Aquestive Therapeutics	$513M		$46M
Artiva Biotherapeutics	$510M		—
Upstream Bio	$509M		$3M
SINOTECH Co	$506M		$296M
Forte Biosciences	$505M		—
Luzhu Biotech	$504M		$35M
Assembly Biosciences	$504M		$67M
Prothena Corp.	$502M		$37M
Medigen Vaccine Biologics	$500M		$22M
2seventy bio	$496M		—
Zhejiang Shouxiangu	$496M		$95M
Synmosa Biopharma	$494M		—
Ocugen	$494M		$4M
Tess Holdings Co	$493M		$308M
Polaris Group	$489M		—
Fulcrum Therapeutics	$484M		—
Scinopharm Taiwan	$483M		—
Boan Biotech	$482M		$119M
Blau Farmacêutica	$482M		$355M
CytoDyn	$476M		—
YungShin Global Holding	$474M		—
Sagimet Biosciences	$471M		—
Eupraxia Pharmaceuticals	$470M		—
Senores Pharmaceuticals	$469M		$70M
CHO Pharma	$458M		—
Zura Bio	$456M		—
Verano Holdings	$455M		$829M
Autolus Therapeutics	$455M		$95M
Fulgent Genetics	$453M		$334M
Imricor Medical Systems	$451M		$1M
Kamada	$451M		$189M
Lexeo Therapeutics	$451M		—
Medy-Tox	$450M		$170M
Lyell Immunopharma	$449M		$28K
ADC Therapeutics	$443M		$81M
Evolus	$443M		$309M
Replimune Group	$438M		$1M
Perspective Therapeutics	$436M		$741K
Swedencare	$433M		$303M
Emergent BioSolutions	$430M		$739M
Ever Supreme Bio Technology	$428M		—
PureTech Health	$426M		$5M
Larimar Therapeutics	$425M		—
AIM Vaccine	$423M		$169M
TaiMed Biologics	$422M		$20M
Dong-A Socio Holdings	$421M		$998M
International Biotechnology Trust	$421M		—
Invivyd	$419M		$65M
Verastem	$415M		$58M
TYK Medicines	$414M		—
Recbio	$413M		$2M
Monopar Therapeutics	$412M		—
Century Therapeutics	$411M		$69M
Opus Genetics	$411M		$14M
Enanta Pharmaceuticals	$408M		$67M
Cellectis	$405M		$72M
C4 Therapeutics	$405M		$31M
Northwest Biotherapeutics	$404M		—
Beyond Meat	$402M		$265M
Delcath Systems	$401M		$92M
GlaxoSmithKline Pakistan	$400M		—
Benitec Biopharma	$400M		—
X4 Pharmaceuticals	$399M		$26M
Pacific Biosciences	$396M		$163M
Rocket Pharmaceuticals	$393M		$839K
Renata	$389M		—
Vanda Pharmaceuticals	$386M		$233M
Newron Pharmaceuticals	$385M		$25M
Formycon	$380M		$61M
Shanghai Hile Bio-Tech	$375M		—
Nautilus Biotechnology	$375M		$257K
Prelude Therapeutics	$372M		$18M
InflaRx	$371M		$14K
Medios	$366M		$2B
Elite Pharmaceuticals	$366M		—
Ourofino	$366M		—
Atea Pharmaceuticals	$365M		—
Puma Biotechnology	$365M		$211M
Probi	$362M		—
IMBiologics	$362M		$10M
Itafos	$360M		$600M
Racura Oncology	$355M		$439K
Compass Therapeutics	$355M		($425K)
Surrozen	$353M		$5M
Myriad Genetics	$352M		$839M
Natac Natural Ingredients	$352M		$65M
Greenwich LifeSciences	$351M		—
Cuorips	$350M		—
Immuneering	$348M		—
Organogenesis	$348M		$460M
Forward Industries	$348M		$51M
Tanvex BioPharma	$343M		—
Vicore Pharma Holding	$342M		$456K
Clinuvel Pharmaceuticals	$341M		$71M
Julphar	$340M		$292M
DiaMedica	$337M		—
Egetis Therapeutics	$335M		$30M
Bicycle Therapeutics	$331M		$54M
Cybin	$330M		—
Neumora Therapeutics	$330M		—
Santhera Pharma	$328M		$107M
Lavipharm	$327M		—
Palisade Bio	$325M		—
Abeona Therapeutics	$325M		$27M
Armata Pharmaceuticals	$324M		$3M
Biofarm	$323M		—
Novartis India	$321M		—
Rezolute	$320M		—
Nuvectis Pharma	$320M		—
Lineage Cell Therapeutics	$319M		$16M
Akebia Therapeutics	$317M		$229M
Amarin Corp	$315M		$202M
Oatly	$314M		$883M
Duopharma Biotech	$311M		$243M
Abbott Pakistan	$311M		—
Animalcare Group	$310M		$123M
Celon Pharma	$309M		$70M
SIGA Technologies	$309M		$84M
Hansa Biopharma	$307M		$26M
Zentalis Pharma	$306M		—
Circio Holding	$303M		—
SAB Bio	$303M		—
Antibiotice	$300M		—
Eledon Pharmaceuticals	$299M		—
Nextbiomedical Co	$298M		$13M
NervGen Pharma	$295M		—
OmniAb	$291M		$23M
AC Immune	$289M		$17M
Dishman Carbogen Amics	$289M		—
Senseonics Holdings	$287M		$45M
Protara Therapeutics	$286M		—
Anavex Life Sciences	$285M		—
Entrada Therapeutics	$284M		$23M
Editas Medicine	$284M		$31M
Huons Co	$281M		—
Shoulder Innovations	$280M		$53M
Carlsmed	$278M		$59M
Simulations Plus	$274M		$81M
ALX Oncology	$273M		—
Heartseed	$270M		$13M
Sensorion	$269M		$12M
Compugen	$269M		$50M
Dong-A ST	$269M		$528M
Coherus Oncology	$262M		$54M
Scancell	$260M		—
Profound Medical	$258M		$20M
Reig Jofré	$256M		$399M
Transgene	$256M		$9M
Tiansheng Pharmaceutical	$254M		—
Australian Clinical Labs	$253M		$528M
Flerie	$253M		—
LENZ Therapeutics	$252M		$19M
Curiosis	$252M		$7M
Voyager Therapeutics	$251M		$43M
Humacyte	$251M		$4M
S Biomedics	$250M		—
Oryzon Genomics	$250M		$3M
Panacea Biotec	$250M		—
ProKidney	$248M		$677K
Fate Therapeutics	$248M		$6M
Cartesian Therapeutics	$247M		$2M
Adagene	$244M		$5M
Foghorn Therapeutics	$244M		$29M
Whitehawk Therapeutics	$243M		$5M
Orchestra BioMed	$243M		$22M
Kanaph Therapeutics	$242M		$4M
Atrys Health	$241M		$177M
Alector	$239M		$16M
Adimmune	$238M		—
Keros Therapeutics	$238M		$156M
Genomictree	$237M		—
Sol-Gel Technologies	$237M		—
Acepodia	$237M		—
Frontage Laboratories	$236M		$266M
Arcturus Therapeutics	$235M		$58M
Camp4 Therapeutics	$234M		$5M
Onward Medical	$229M		$9M
Codexis	$227M		$72M
Unicycive	$227M		$7M
Corbus Pharmaceuticals	$226M		$612K
Starpharma	$224M		$10M
AFT Pharmaceuticals	$222M		$158M
Macrogenics	$221M		$133M
Tonix Pharmaceuticals	$221M		$19M
Nkarta	$219M		—
REPLOID Group	$218M		—
Easy Holdings Co	$218M		—
Context Therapeutics	$218M		—
Elicio Therapeutics	$216M		—
Precision BioSciences	$215M		$29M
Binex	$211M		$120M
Caribou Biosciences	$210M		$16M
Alpha Teknova	$210M		$42M
MediWound	$209M		$20M
Tenaya Therapeutics	$208M		$3M
Biomm	$206M		—
Silence Therapeutics	$206M		$2M
Milestone Pharmaceuticals	$206M		$8M
Atrium Therapeutics	$206M		$12M
Pyridam Farma	$205M		—
Medeze Group	$205M		$26M
Saniona	$201M		—
Karyopharm Therapeutics	$200M		$143M
BioVersys	$199M		$5M
Anika Therapeutics	$197M		$115M
MEZOO	$192M		$7M
Tiziana Life Sciences	$192M		—
Savior Lifetec	$190M		—
Mycenax Biotech	$188M		—
Searle Co.	$186M		—
Cereno Scientific	$185M		—
Oramed Pharmaceuticals	$184M		$2M
Tetratherix	$183M		$4M
PhotoCure	$183M		$61M
Acumen Pharmaceuticals	$180M		—
ProQR Therapeutics	$180M		$21M
Enlivex	$178M		—
Immunic	$176M		—
Hyloris Pharmaceuticals	$175M		$18M
Heron Therapeutics	$173M		$162M
Panion & Bf Biotech	$169M		—
Lifecore Biomedical	$169M		$95M
Pyxis Oncology	$165M		$9M
TriSalus Life Sciences	$164M		$48M
Black Diamond Therapeutics	$164M		$47M
Karolinska Development	$163M		—
Orthocell	$163M		$9M
Bioneer	$163M		—
Euroapi	$162M		$953M
Korro Bio	$162M		$5M
Maat Pharma	$161M		$10M
Selvita	$161M		$104M
TuHURA Biosciences	$160M		—
Polaryx Therapeutics	$159M		—
Curatis Holding	$159M		—
Hyperfine	$158M		$16M
Viromed Medical	$158M		$21M
BioInvent International	$156M		$18M
Aroa Biosurgery	$156M		$63M
Protalix	$156M		$62M
AN2 Therapeutics	$155M		—
Cardiol Therapeutics	$153M		—
Heidelberg Pharma	$152M		—
Satellos Bioscience	$151M		—
Kotra Industries	$151M		$55M
Assertio Therapeutics	$151M		$114M
Fractyl Health	$150M		—
Vytrus Biotech	$150M		—
Genovis	$149M		$15M
Ryvu Therapeutics	$149M		$31M
Xlife Sciences	$149M		—
Easywell Biomedicals	$148M		—
Biodesix	$148M		$97M
Guerbet	$148M		$897M
Abionyx Pharma	$147M		$5M
Galectin Therapeutics	$147M		—
Chong Kun Dang Holdings	$147M		—
Equillium	$146M		—
Mersana Therapeutics	$145M		—
Molecular Partners	$145M		$3M
Agenus	$144M		$122M
Aardvark Therapeutics	$144M		—
Genelux	$143M		$5K
JETEMA Co.	$143M		—
Journey Medical	$142M		$70M
Hamlet BioPharma	$141M		—
Spero Therapeutics	$141M		$67M
OnKure Therapeutics	$139M		$184K
Connect Biopharma	$139M		$3M
Innate Pharma	$138M		$20M
Mayne Pharma Group	$138M		$288M
NeOnc	$137M		$40K
Bioxyne	$136M		—
Alpha Cognition	$130M		$15M
Nyxoah	$129M		$22M
Bioceltix	$128M		$4M
Naturland Holding	$127M		—
Orient Europharma Co	$127M		—
Verrica Pharmaceuticals	$127M		$32M
RaQualia Pharma	$125M		$26M
vTv Therapeutics	$125M		$5M
XSpray Pharma	$124M		$4M
PepGen	$123M		—
StemRIM	$122M		—
Darwin	$121M		$71M
Bioventix	$120M		$17M
Atlantic International	$120M		$436M
Fonar	$119M		—
Captor Therapeutics	$119M		$6M
Curasight	$117M		—
OSE Immunotherapeutics	$117M		$7M
Cardiff Oncology	$116M		$499K
Kalaris Therapeutics	$116M		—
ArcticZymes	$113M		$13M
Adocia	$112M		$7M
Actinogen Medical	$112M		$4M
Cibus	$111M		$5M
Faron Pharmaceuticals	$111M		$239K
Nykode Therapeutics	$110M		—
Inovio Pharmaceuticals	$109M		$4M
Vistin Pharma	$108M		—
Zomedica	$108M		$32M
Cognition Therapeutics	$107M		—
Prestige Biologics	$107M		—
Biomea Fusion	$107M		—
Cassava Sciences	$107M		—
Coya Therapeutics	$107M		$6M
Rani Therapeutics	$106M		$3M
Ensol Biosciences	$106M		—
Neuronetics	$105M		$154M
Medivir	$104M		$847K
Vaxcell-Bio	$103M		—
Recce Pharmaceuticals	$103M		$4M
Aldeyra Therapeutics	$103M		$8M
Darya-Varia Laboratoria	$102M		—
Bioton	$102M		—
Sedana Medical	$101M		$22M
Oncolytics Biotech	$101M		—
Q32 Bio	$101M		$34M
Shield Therapeutics	$101M		$59M
Vivani Medical	$100M		—
Valerio Therapeutics	$99M		—
Anixa Biosciences	$98M		—
NRX Pharmaceuticals	$98M		$32M
Nyrada	$98M		—
Seer	$97M		$17M
Agronomics	$97M		—
Cue Biopharma	$96M		$18M
Dimerix	$96M		$5M
ProMIS Neurosciences	$95M		—
Laboratorios Richmond	$94M		—
Cantargia	$91M		$23M
4basebio	$91M		—
Rein Therapeutics	$90M		—
FitLife Brands	$89M		$91M
Atara Biotherapeutics	$89M		$82M
Eco Animal Health Group	$89M		$117M
Lytix Biopharma	$88M		$774K
Nanoform	$88M		$5M
Dongkoo Bio&Pharma Co	$87M		—
Citius Oncology	$86M		$24M
EQL Pharma	$86M		$48M
SynAct Pharma	$86M		—
BRAIN Biotech	$86M		$64M
Hyundai Bioland Co	$86M		—
Telomir Pharmaceuticals	$85M		—
OKYO Pharma	$85M		—
Amoeba	$85M		$2M
Champions Oncology	$84M		—
American Vanguard	$84M		$515M
Exagen	$84M		$68M
BioStem Technologies	$84M		$47M
IBT	$83M		—
Osang Healthcare	$82M		—
Acrivon Therapeutics	$82M		$551K
3D Medicines	$81M		—
Gossamer Bio	$81M		$37M
PolyPid	$81M		—
Cantourage Group	$80M		$113M
Replek	$80M		—
AB Science	$79M		$1M
Corestemchemon	$79M		—
Applied BioCode	$79M		—
Annovis Bio	$77M		—
TScan Therapeutics	$76M		$9M
XBiotech	$76M		—
Gain Therapeutics	$76M		—
Adicet Bio	$76M		—
ImmuCell	$76M		—
Rallybio	$76M		$380K
Seres Therapeutics	$75M		$762K
PDS Biotechnology	$75M		—
Fortress Biotech	$74M		$75M
FluoGuide	$74M		—
Nanexa	$74M		—
Cumberland	$73M		—
Türk İlaç	$73M		—
Oncopeptides	$73M		$11M
Pliant Therapeutics	$72M		—
HAEMATO	$72M		—
Actuate Therapeutics	$71M		—
Orexo	$70M		$3M
Entera Bio	$70M		$27K
LENSAR	$70M		$52M
PMV Pharma	$69M		—
Labiana Health	$69M		$91M
Paradigm Biopharma	$68M		$599K
iNtRON Biotechnology	$68M		—
MediciNova	$67M		$320K
HLB Global	$67M		—
Synthaverse	$66M		$10M
Enzymatica	$66M		$6M
ImageneBio	$65M		$506K
Pangaea Oncology	$65M		—
Arovella Therapeutics	$64M		$88K
Tobii	$63M		$87M
Immutep	$63M		$17M
Pentixapharm Holding	$62M		—
Dogwood Therapeutics	$62M		—
Cinclus Pharma Holding	$61M		$8M
Cynata Therapeutics	$61M		$1M
SCYNEXIS	$61M		$13M
Fermentalg	$60M		$18M
BeyondSpring	$60M		—
Botanix Pharmaceuticals	$59M		$23M
Oncocross	$57M		—
THX Pharma	$57M		—
Kala Bio	$57M		—
Dicot Pharma	$56M		—
Hofseth BioCare	$56M		—
Amplia Therapeutics	$56M		—
Moberg Pharma	$56M		$2M
MiNK Therapeutics	$55M		—
Instil Bio	$55M		—
K Pharma	$54M		—
Incannex	$54M		$86K
LTR Pharma	$54M		—
Kezar Life Sciences	$54M		—
Herantis Pharma	$54M		$12K
BGM Group	$53M		—
electroCore	$52M		$36M
Estrella Immunopharma	$52M		—
Sangamo Therapeutics	$50M		$50M
Elutia	$49M		$12M
Corline Biomedical	$49M		$2M
Cessatech	$48M		—
Xilio Therapeutics	$47M		$41M
Vicapsys	$47M		—
J. Molner	$47M		—
Scilex Holding	$46M		—
Nicox	$46M		$21M
Zhengye Biotechnology	$45M		—
Atossa Therapeutics	$45M		—
Intercure	$44M		—
Vivoryon Therapeutics	$44M		—
Nutriband	$43M		$3M
TAO Synergies	$43M		—
Prescient Therapeutics	$43M		—
Ascelia Pharma	$42M		$4M
Biohit	$42M		$19M
Intervacc	$42M		$3M
Abingdon Health	$42M		$16M
Mereo BioPharma Group	$41M		$6M
Aligos Therapeutics	$41M		$7M
Dare Bioscience	$41M		$752K
Sprint Bioscience	$41M		$15M
Mira Pharmaceuticals	$41M		—
Prism Biolab	$41M		$4M
Malin Corporation	$41M		—
Medicenna Therapeutics	$40M		$79K
Luna Innovations	$40M		—
Mendus	$39M		$379K
WDB coco	$39M		—
INmune Bio	$39M		$32K
aTyr Pharma	$39M		$120K
Optomed	$38M		$20M
RenovoRx	$38M		$2M
Pluri	$38M		—
Eden Research	$38M		$7M
Carclo	$37M		$156M
Neurizon Therapeutics	$37M		—
Tvardi Therapeutics	$37M		—
Bio-Works Technologies	$37M		—
FibroGen	$36M		$7M
NextCure	$36M		—
Modalis Therapeutics	$36M		—
Veru	$36M		—
Generation Bio	$36M		—
Quantum BioPharma	$36M		—
Genoway	$36M		$26M
Jiangsu Wuzhong Pharmaceutical	$35M		—
Grace Therapeutics	$35M		$603K
Evaxion	$35M		$7M
Boundless Bio	$35M		—
Mabion	$34M		—
SoftOx Solutions	$34M		—
MariMed	$34M		$161M
Local Bounti	$34M		$48M
LSL Pharma Group	$33M		—
Radiopharm Theranostics	$33M		$2M
Provexis	$32M		—
SyntekaBio	$32M		$3M
Lipum	$32M		—
BioXcel Therapeutics	$32M		$1M
Rockwell Medical	$31M		$70M
Spirit Scientific Co	$31M		—
Imugene	$30M		$2M
Lisata Therapeutics	$30M		—
NeuroSense Therapeutics	$30M		$262K
Molecure	$30M		$5M
Tevogen Bio	$30M		—
Skye Bioscience	$29M		—
Valbiotis	$29M		$3M
Werewolf Therapeutics	$28M		—
Lantern Pharma	$28M		—
Outlook Therapeutics	$28M		$14M
Barinthus Biotherapeutics	$28M		—
Genematrix	$27M		—
Tempest Therapeutics	$26M		—
Harvard Apparatus	$26M		—
Bioceres	$26M		$335M
Vistagen Therapeutics	$26M		$969K
Dyadic	$26M		$4M
AnteoTech	$26M		$653K
Jasper Therapeutics	$26M		—
European Medical Solutions	$24M		—
Gensight Biologics	$24M		$3M
Marker Therapeutics	$24M		$3M
Isofol Medical	$24M		—
Oncoinvent	$24M		$3M
Marinomed Biotech	$23M		$10M
Cellectar Biosciences	$23M		—
Xbrane Biopharma	$23M		$18M
Arterra Bioscience	$23M		—
Celularity	$23M		—
Xintela	$23M		$630K
VYNE Therapeutics	$22M		—
Poltreg	$22M		$1M
Longeveron	$22M		$1M
Initiator Pharma	$22M		—
Nanogroup	$21M		—
Elbit Imaging	$21M		—
Global Clean Energy	$21M		—
Anebulo Pharmaceuticals	$21M		—
EZZ Life Science	$20M		$44M
Quince Therapeutics	$20M		—
DexTech Medical	$20M		—
Aelis Farma	$20M		$2M
Curis	$20M		$7M
Klaria Pharma Holding	$20M		—
Biotechnology Assets	$20M		—
Pasithea Therapeutics	$20M		—
Lipocine	$19M		$1M
Aton	$19M		—
Citius Pharmaceuticals	$18M		$50M
AlzeCure Pharma	$18M		—
Urteste	$18M		—
Passage Bio	$18M		—
Active Biotech	$18M		$847K
AcuCort	$18M		$258K
Biofrontera	$17M		—
Proteomics	$17M		$2M
Diamyd Medical	$17M		—
Scienture Holdings	$17M		$2M
Elicera Therapeutics	$17M		—
Read-Gene	$17M		—
Advicenne	$16M		$7M
Bio Essence	$16M		—
Poxel	$16M		—
Nanologica	$16M		—
Neurothera Labs	$16M		—
Exact Therapeutics	$15M		—
Pharma Equity Group	$15M		—
Celyad Oncology	$15M		—
Lexaria Bioscience	$15M		$209K
Simris Group	$15M		—
Abera Bioscience	$15M		—
Biogena	$14M		—
Alligator Bioscience	$14M		—
Opsy Holding	$14M		—
Argenica Therapeutics	$14M		$18M
Bionano Genomics	$14M		$30M
Genenta Science	$14M		—
BioLineRx	$13M		$1M
NFL Biosciences	$13M		—
Biogened	$13M		—
Medicon Hellas	$13M		—
Intensity Therapeutics	$13M		—
NextCell Pharma	$13M		$2M
Desert Control	$13M		—
Chemomab Therapeutics	$13M		—
Jupiter Neurosciences	$12M		—
Viropro	$12M		—
Wellgistics Health	$12M		—
Psyence Biomedical	$12M		—
Annexin Pharmaceuticals	$12M		$3M
IRLAB Therapeutics	$11M		$8M
Inotiv	$11M		$523M
CalciMedica	$11M		—
Biovica International	$11M		$2M
NRGene	$10M		—
Oncodesign Precision Medicine	$10M		$306K
AcouSort	$10M		$905K
OncoZenge	$10M		—
Vivesto	$10M		—
Spago Nanomedical	$10M		—
Arctic Bioscience	$10M		—
Glycorex Transplantation	$10M		—
Sedania Innovator	$9M		—
Bolt Biotherapeutics	$9M		$6M
Addex Therapeutics	$9M		—
Magle Chemoswed Holding	$9M		—
Modus Therapeutics	$9M		—
Plant Advanced Technologies	$9M		—
PMGC Holdings	$9M		—
PharmaCyte Biotech	$9M		—
BioRegenx	$9M		—
iXensor	$9M		—
Coegin Pharm	$9M		—
TME Pharma	$9M		—
Pila Pharma	$9M		—
Aqua Bio Technology	$8M		—
Liminatus Pharma	$8M		—
Pure Biologics	$8M		—
Stenocare	$8M		—
Medicofarma Biotech	$8M		—
Cambium Bio	$8M		$439K
ODI Pharma	$8M		—
Chosa Oncology	$8M		—
Diagonal Bio	$8M		—
BioAtla	$7M		—
China SXT Pharmaceuticals	$7M		—
Biomind Labs	$7M		—
Alzinova	$7M		$1M
Immuron	$7M		$6M
XTL Biopharmaceuticals	$6M		—
Tricida	$6M		—
MetaVia	$6M		—
NUTEX	$6M		—
Steakholder Foods	$6M		—
CollPlant	$6M		—
FibroBiologics	$6M		—
Acurx Pharmaceuticals	$6M		—
Planethic Group	$6M		—
Genxone	$5M		—
Futura Medical	$5M		$2M
2cureX	$5M		—
Moolec Science	$5M		—
Instituto Rosenbusch	$5M		—
Gelteq	$5M		—
Abattis Bioceuticals	$5M		—
Fluicell	$5M		—
Newbury Pharmaceuticals	$5M		—
Hemp & Health	$5M		—
Reviva Pharmaceuticals	$5M		—
Next Meats Holdings	$4M		—
Opthea	$4M		$25K
Strategic Partners	$4M		—
Genetic Technologies	$4M		—
Geovax Labs	$4M		$2M
Akari Therapeutics	$4M		—
JFL Life Sciences	$3M		—
Institute of Biomedical	$3M		—
Lifeline Biotechnologies	$3M		—
Cannabis Poland	$3M		—
CASI Pharmaceuticals	$3M		—
Double Bond	$3M		—
Iterum Therapeutics	$3M		$4M
Guard Therapeutics	$3M		—
Andiamo	$3M		—
Respiratorius	$2M		—
Biosergen	$2M		—
GenIP	$2M		—
HCW Biologics	$2M		$11K
Enorama Pharma	$2M		—
Redwood Scientific Technologies	$2M		—
Biophytis	$2M		$2M
Gabather	$2M		—
Aptahem	$2M		—
ExpreS2ion Biotech	$2M		—
Stayble Therapeutics	$2M		—
Aion Therapeutic	$2M		—
Scinai Immunotherapeutics	$2M		—
PEPTONIC medical	$2M		—
Nextgen Biomed	$2M		—
Biosenic	$2M		—
Clearside Biomedical	$2M		—
Reboost Blockchain	$1M		—
NanoEcho	$1M		—
RAMM Pharma	$1M		—
GeNeuro	$1M		—
Modern Plant Based Foods	$1M		—
Pharmadrug	$980K		—
Strata Skin Sciences	$942K		—
Cannovum Cannabis	$941K		—
Brain Scientific	$932K		—
Longevity Health Holdings	$792K		—
Procaps Group	$698K		—
PharmaLundensis	$606K		—
Nidhogg Resources Holding	$527K		—
Oxurion	$437K		—
Altamira Therapeutics	$423K		—
Global Bioenergies	$412K		—
Lidds	$371K		—
QUIA PHARMA	$308K		—
PCI Biotech Holding	$292K		—
IO Biotech	$281K		—
bioXXmed	$262K		—
Bakhu Holdings	$151K		—
Lipigon Pharmaceuticals	$150K		—
DanCann Pharma	$90K		—
Adynxx	$87K		—
Scorpius Holdings	$67K		—
Emergent Health	$43K		—
Itoco	$41K		—
Easton Pharmaceuticals	$27K		—
Filament Health	$26K		—
Momentous Holdings	$17K		—
Isodiol International	$5K		—
Viveve Medical	$4K		—
Smart for Life	$4K		—
ViewRay	$2K		—
Neovacs	$0K		—
Akero Therapeutics	—		—
GridAI Technologies	—		—
Mural Oncology	—		—
Relief Therapeutics	—		—
Indivior	—		—
AMCG Co	—		—
AtaiBeckley	—		—
Candid Therapeutics	—		—
Ulisse Biomed	—		—
OrthoCellix	—		—
Paramount Bed Holdings	—		—
Adverum Biotechnologies	—		—
Avidity Biosciences	—		—
Flying Spark	—		—
MicroPort CRM	—		—