Drug Development & Therapeutics Valuation Multiples and Public Comps

Drug Development & Therapeutics

See analyst estimates and all valuation multiples for Drug Development & Therapeutics

Company	EV	EV/LTM Revenue	EV/LTM EBITDA
Eli Lilly	$735B	14.0x	35.1x
AbbVie	$393B	6.8x	14.9x
Johnson & Johnson	$381B	4.2x	11.6x
Novo Nordisk	$319B	6.5x	13.3x
Roche	$283B	3.7x	9.3x
Novartis	$262B	4.7x	11.6x
AstraZeneca	$243B	4.1x	12.1x
Merck & Co	$224B	3.5x	8.1x
Amgen	$199B	5.8x	10.6x
Pfizer	$182B	2.9x	7.4x
Gilead Sciences	$155B	5.4x	12.3x
Bristol-Myers Squibb	$134B	2.8x	10.8x
Sanofi	$133B	2.5x	8.4x
Vertex Pharmaceuticals	$110B	9.6x	34.9x
GSK	$97.2B	2.2x	6.5x
Chugai Pharmaceutical	$79.1B	9.6x	19.3x
Takeda Pharmaceuticals	$76.2B	2.4x	9.3x
Zoetis	$74.5B	7.9x	18.4x
Bayer	$69.3B	1.3x	6.1x
Merck KGaA	$65.7B	2.6x	9.2x
Haleon	$57.5B	3.7x	14.9x
Regeneron Pharmaceuticals	$51.0B	3.7x	10.3x
Jiangsu Hengrui	$44.6B	10.8x	40.6x
Sun Pharma	$44.2B	7.0x	24.7x
Alnylam Pharmaceuticals	$41.2B	16.0x	231.0x
Fresenius	$41.1B	1.6x	9.7x
Daiichi Sankyo	$39.1B	2.9x	14.2x
Galderma Group	$36.5B	7.5x	32.5x
Teva Pharmaceuticals	$35.3B	2.0x	6.9x
argenx	$30.3B	9.7x	70.6x
Sandoz	$27.1B	2.4x	11.8x
BeOne Medicines	$26.6B	6.0x	-321.4x
Otsuka Holdings	$24.9B	1.5x	6.7x
Viatris	$23.9B	1.7x	5.5x
Bausch Health	$22.9B	2.3x	6.6x
Biogen	$22.4B	2.4x	7.0x
Astellas Pharma	$21.8B	1.6x	8.7x
Divi's Laboratories	$20.7B	18.2x	56.2x
Hansoh Pharma	$19.3B	10.8x	28.7x
Insmed	$19.1B	46.1x	-20.7x
Grifols	$18.1B	2.1x	8.5x
Zhangzhou Pientzehuang	$16.8B	10.8x	31.9x
Sichuan Biokin	$16.4B	29.6x	65.3x
Innovent Biologics	$15.7B	10.7x	256.2x
Summit Therapeutics	$15.5B	n/a	-57.7x
Recordati	$15.3B	5.3x	14.2x
Torrent Pharma	$13.8B	9.9x	30.4x
Cipla	$13.0B	4.0x	15.5x
Dr. Reddy's Laboratories	$12.4B	3.2x	12.0x
Neurocrine Biosciences	$11.9B	4.7x	19.5x
Mankind Pharma	$11.9B	7.9x	31.3x
Sobi	$11.8B	4.1x	11.3x
Fosun Pharma	$11.4B	2.0x	12.2x
Sino Biopharmaceutical	$11.3B	2.7x	11.6x
Exelixis	$11.2B	5.0x	14.8x
Zydus Lifesciences	$11.1B	4.0x	13.6x
Elanco	$11.0B	2.5x	12.5x
Shionogi	$11.0B	3.5x	8.7x
Organon	$10.9B	1.7x	5.6x
Ascendis Pharma	$10.8B	n/a	n/a
Incyte	$10.8B	2.4x	16.8x
Orion	$10.6B	5.7x	17.9x
Lupin	$10.5B	3.8x	16.0x
CSPC Pharma Group	$10.1B	2.5x	10.1x
Akeso	$10.0B	25.2x	-2402.9x
BioMarin Pharmaceutical	$9.9B	3.3x	12.9x
United Therapeutics	$9.8B	3.2x	6.1x
Huadong Medicine	$9.7B	1.6x	12.6x
Ipsen	$9.7B	2.3x	6.4x
Genmab	$9.7B	2.8x	7.9x
BridgeBio Pharma	$9.5B	28.2x	-19.8x
BioNTech	$9.4B	3.5x	-6.7x
Kelun-Biotech	$9.3B	34.7x	-237.4x
Jazz Pharmaceuticals	$9.3B	2.2x	6.9x
Abbott India	$8.5B	11.2x	41.5x
Regencell Bioscience	$8.4B	n/a	n/a
Blueprint Medicines	$8.2B	13.3x	-73.6x
Kelun	$7.8B	2.5x	11.1x
Aurobindo Pharma	$7.7B	2.0x	9.7x
Eisai Co.	$7.6B	1.4x	11.2x
CR Pharmaceutical	$7.5B	0.2x	3.4x
Corcept Therapeutics	$7.5B	9.5x	n/a
Lundbeck	$7.4B	n/a	n/a
Kyowa Kirin	$7.4B	2.2x	9.5x
Halozyme Therapeutics	$7.2B	6.3x	9.9x
Salubris Pharmaceuticals	$7.1B	11.9x	40.6x
Hikma Pharmaceuticals	$7.1B	2.1x	8.1x
Perrigo	$6.9B	1.6x	9.1x
Caliway Biopharmaceuticals	$6.9B	65.8x	96.8x
Haisco Pharmaceutical	$6.7B	11.7x	66.3x
Alkem Laboratories	$6.5B	4.2x	21.6x
China Resources Sanjiu	$6.5B	1.5x	8.2x
GSK India	$6.4B	14.3x	45.3x
Krka	$6.3B	2.8x	10.2x
Madrigal Pharmaceuticals	$6.0B	14.0x	-13.6x
Beijing Tongrentang Co	$5.9B	2.2x	13.1x
Legend Biotech	$5.9B	7.2x	-37.0x
Glenmark Pharma	$5.9B	3.7x	20.3x
Yuhan	$5.7B	3.6x	54.7x
TG Therapeutics	$5.6B	12.3x	50.1x
Ionis Pharmaceuticals	$5.6B	7.6x	-12.4x
PharmaEssentia	$5.5B	12.7x	40.9x
Humanwell Healthcare	$5.5B	1.5x	8.9x
Moderna	$5.4B	2.1x	-1.4x
Lantheus Holdings	$5.3B	3.4x	7.8x
Shanghai Allist	$5.3B	9.3x	21.7x
Telix Pharmaceuticals	$5.3B	7.8x	54.7x
SK Biopharmaceuticals	$5.2B	11.4x	50.8x
Amneal Pharmaceuticals	$5.1B	1.7x	7.8x
Axsome Therapeutics	$5.0B	10.1x	-28.8x
Changchun High-Tech	$5.0B	2.6x	10.6x
Laurus Labs	$4.9B	7.2x	36.3x
Revolution Medicines	$4.9B	822.9x	-5.9x
Prestige Consumer Healthcare	$4.9B	4.3x	13.0x
Siegfried	$4.8B	2.9x	13.1x
Gedeon Richter	$4.8B	1.8x	4.9x
Zhejiang Huahai	$4.6B	3.4x	50.4x
Ono Pharmaceutical	$4.6B	1.4x	6.0x
Aspen Pharmacare	$4.6B	1.9x	8.3x
Hypera	$4.5B	3.2x	11.5x
Sumitomo Pharma	$4.5B	1.7x	9.6x
Nuvalent	$4.4B	n/a	-14.0x
Shanghai Junshi	$4.3B	13.5x	-43.4x
Gan & Lee Pharmaceuticals	$4.3B	8.3x	30.2x
Ipca Laboratories	$4.1B	3.9x	19.8x
Kalbe Farma	$4.1B	2.0x	13.3x
Grand Pharmaceutical	$4.1B	2.7x	10.0x
Alvotech	$4.0B	7.0x	23.0x
Soleno Therapeutics	$4.0B	165.2x	n/a
Amoytop Biotech	$4.0B	8.7x	23.0x
Alkermes	$3.9B	2.7x	10.3x
Rhythm Pharmaceuticals	$3.9B	25.2x	-17.5x
Zelgen Biopharmaceuticals	$3.8B	40.0x	-3615.9x
Cytokinetics	$3.8B	187.7x	-6.4x
Yili Chuannig Biotech	$3.8B	4.6x	21.7x
Endo	$3.7B	n/a	n/a
Ajanta Pharma	$3.7B	6.6x	24.0x
Piramal Pharma	$3.7B	3.4x	21.6x
Betta Pharmaceuticals	$3.6B	8.0x	20.7x
Akero Therapeutics	$3.6B	n/a	-11.4x
Dong-E-E-Jiao	$3.6B	4.0x	13.0x
Kangmei Pharmaceutical Co.	$3.5B	n/a	n/a
Camurus	$3.5B	14.9x	44.1x
Procaps Group	$3.5B	n/a	n/a
Merus	$3.5B	74.7x	-12.0x
Ascentage Pharma	$3.5B	32.7x	-45.7x
Ascentage Pharma Group	$3.5B	33.0x	-45.3x
Wockhardt	$3.4B	n/a	n/a
Bora Pharmaceuticals	$3.4B	4.7x	15.5x
Laboratorios Rovi	$3.4B	3.9x	14.6x
Krystal Biotech	$3.4B	9.7x	25.9x
Brightgene Bio-medical	$3.4B	18.7x	57.8x
Asymchem Laboratories	$3.4B	3.9x	17.4x
Virbac	$3.3B	1.9x	9.6x
SpringWorks Therapeutics	$3.3B	12.4x	-14.2x
Jamjoom Pharma	$3.3B	8.5x	25.1x
Santen Pharmaceutical	$3.2B	1.6x	7.3x
Gland Pharma	$3.2B	4.7x	20.5x
Dermapharm	$3.2B	2.3x	8.5x
Livzon Pharmaceutical Gr	$3.2B	1.9x	7.0x
Arcellx	$3.1B	35.8x	-17.0x
Shijiazhuang Yiling	$3.1B	2.8x	70.5x
Peptron	$3.1B	n/a	n/a
Scholar Rock	$3.1B	862.4x	-10.9x
United Laboratories International	$3.0B	1.5x	5.3x
China Medical System	$3.0B	2.8x	11.4x
Tasly	$3.0B	2.5x	12.1x
J.B. Chemicals & Pharma	$3.0B	6.4x	24.0x
ACADIA Pharmaceuticals	$3.0B	3.0x	18.5x
Ultragenyx	$3.0B	4.9x	-6.3x
Emcure Pharmaceuticals	$3.0B	3.1x	16.4x
Tianjin Pharma	$3.0B	3.5x	n/a
Eris Lifesciences	$2.9B	8.4x	23.6x
Kanghong Pharmaceutical	$2.9B	n/a	n/a
Roivant Sciences	$2.9B	99.6x	-2.7x
Protagonist Therapeutics	$2.9B	11.2x	44.1x
Hanmi Pharm	$2.8B	2.5x	12.0x
ImmunityBio	$2.8B	50.3x	n/a
Jilin Aodong	$2.8B	n/a	n/a
Buchang Pharma	$2.8B	n/a	n/a
Pfizer India	$2.7B	10.0x	30.7x
LigaChem Biosciences	$2.7B	23.4x	-7727.6x
Kymera Therapeutics	$2.7B	41.9x	-10.4x
Zealand Pharma	$2.7B	3.5x	5.7x
Almirall	$2.6B	2.2x	10.6x
BioKangtai	$2.6B	6.4x	25.0x
MoonLake	$2.6B	n/a	-14.8x
InnoCare Pharma	$2.6B	15.0x	-46.1x
CRISPR Therapeutics	$2.6B	65.6x	-5.7x
Mirum Pharmaceuticals	$2.6B	6.5x	-50.5x
Alembic Pharmaceuticals	$2.5B	3.2x	20.5x
AstraZeneca India	$2.5B	n/a	n/a
Nanjing King-Friend	$2.5B	4.0x	14.7x
Sarepta Therapeutics	$2.5B	1.2x	11.4x
Samchundang Pharm	$2.5B	n/a	n/a
China Res Double-Crane	$2.4B	1.5x	6.9x
Everest Medicines	$2.4B	15.7x	-32.1x
InventisBio Co	$2.4B	92.6x	-69.4x
Jubilant Pharmova	$2.4B	2.8x	17.0x
Metsera	$2.4B	n/a	n/a
Jiangsu Nhwa	$2.4B	2.8x	11.4x
Yifan Pharmaceutical	$2.4B	3.1x	17.1x
BioCryst Pharma	$2.4B	4.5x	49.2x
ABL Bio	$2.3B	36.3x	-505.6x
TOWA Pharmaceutical	$2.3B	1.3x	7.6x
Apellis Pharmaceuticals	$2.3B	3.0x	-12.9x
Hybio Pharmaceutical	$2.3B	18.2x	28.6x
Fagron	$2.2B	2.1x	10.5x
PTC Therapeutics	$2.2B	1.7x	6.7x
Lotus Pharmaceutical	$2.2B	3.3x	7.8x
Vericel	$2.1B	8.1x	33.5x
Viking Therapeutics	$2.1B	2895.3x	-11.8x
BGM Group	$2.1B	n/a	n/a
Catalyst Pharmaceuticals	$2.1B	3.9x	8.7x
Avidity Biosciences	$2.0B	230.5x	-4.6x
Idorsia	$2.0B	11.9x	-6.9x
Apogee Therapeutics	$2.0B	n/a	-8.1x
Certara	$2.0B	5.0x	16.0x
Immunovant	$2.0B	764.3x	-4.5x
Ligand Pharmaceuticals	$2.0B	11.0x	34.5x
Amicus Therapeutics	$2.0B	3.4x	31.4x
BoneSupport	$1.9B	16.8x	79.7x
HUTCHMED	$1.9B	2.8x	-81.8x
ANI Pharmaceuticals	$1.9B	2.7x	10.7x
Apeloa Pharmaceutical	$1.9B	1.1x	7.8x
Sai Life Sciences	$1.9B	9.0x	37.1x
Xenon Pharmaceuticals	$1.9B	503.2x	-6.1x
Sawai Group Holdings	$1.8B	1.4x	7.1x
Sinopep	$1.8B	6.6x	16.5x
Neuland Laboratories	$1.8B	9.7x	40.6x
Tsumura	$1.8B	1.4x	5.1x
Caplin Point Laboratories	$1.8B	7.6x	22.1x
Kiniksa Pharmaceuticals	$1.8B	3.4x	231.5x
Phibro Animal Health	$1.7B	1.4x	9.0x
Belite Bio	$1.7B	208.5x	n/a
Star Lake Bioscience	$1.7B	0.7x	5.3x
Hubei Jumpcan	$1.7B	1.6x	n/a
Sanofi India	$1.7B	7.0x	26.9x
Indivior	$1.7B	1.4x	5.7x
Zhejiang Jolly	$1.7B	4.1x	16.6x
Adaptive Biotech	$1.7B	8.4x	-26.7x
Recursion Pharmaceuticals	$1.6B	25.4x	-3.4x
Yantai Dongcheng	$1.6B	4.1x	n/a
Natco Pharma	$1.6B	3.3x	6.9x
Celltrion Pharm	$1.6B	n/a	n/a
Daewoong Pharmaceutical	$1.6B	1.5x	10.5x
Faes Farma	$1.6B	2.6x	10.9x
Collegium Pharmaceutical	$1.6B	2.3x	3.8x
BioArctic	$1.6B	15.7x	34.2x
Centessa Pharmaceuticals	$1.6B	n/a	n/a
Arcutis Biotherapeutics	$1.6B	6.3x	-16.7x
Jiuzhou Pharmaceutical	$1.6B	2.1x	8.5x
Granules India	$1.5B	2.8x	13.0x
Pharma Mar	$1.5B	6.9x	29.5x
Amphastar Pharma	$1.5B	2.1x	5.5x
Harmony Biosciences Hldgs	$1.5B	1.9x	5.6x
Bio-Thera Solutions	$1.5B	13.0x	-29.7x
Arrowhead Pharmaceuticals	$1.5B	2.7x	-20.4x
Joincare Pharmaceutical	$1.5B	0.7x	4.0x
Crinetics Pharmaceuticals	$1.5B	488.7x	-3.7x
Cheezheng Tibetan Medicine	$1.5B	n/a	n/a
Mesoblast	$1.5B	74.9x	-49.5x
ARS Pharmaceuticals	$1.4B	17.0x	-478.8x
Voronoi	$1.4B	104.4x	-87.4x
Travere Therapeutics	$1.4B	4.5x	-9.9x
Tarsus Pharmaceuticals	$1.4B	4.7x	-18.3x
PeptiDream	$1.4B	4.1x	8.5x
GuangYuYuan Chinese	$1.4B	7.3x	48.6x
Marksans Pharma	$1.3B	4.2x	19.4x
SSY Group	$1.3B	1.8x	6.7x
Supernus Pharmaceuticals	$1.3B	2.1x	7.7x
Zhejiang Wolwo Bio-Pharma	$1.3B	9.6x	n/a
Genomma Lab	$1.3B	1.3x	5.5x
CG Oncology	$1.3B	677.3x	-8.9x
Harrow	$1.3B	5.3x	22.8x
Innoviva	$1.3B	3.5x	n/a
Denali Therapeutics	$1.3B	108.3x	-2.6x
Pacira BioSciences	$1.2B	1.7x	5.7x
China TCM	$1.2B	0.5x	5.1x
Lepu Biopharma	$1.2B	24.5x	n/a
NewAmsterdam Pharma Co	$1.2B	37.3x	n/a
Chongqing Genrix	$1.2B	73.8x	-13.2x
Hisamitsu Pharmaceutical	$1.2B	1.1x	n/a
Ocular Therapeutix	$1.2B	20.1x	-6.1x
SPIMACO - ADDWAEIH	$1.2B	2.5x	16.7x
Gen Ilac	$1.2B	n/a	n/a
Aurisco Pharmaceutical	$1.2B	5.2x	15.1x
IDEAYA Biosciences	$1.2B	110.4x	-3.7x
Disc Medicine	$1.2B	n/a	-7.2x
Immunocore Holdings	$1.2B	n/a	n/a
Biohaven	$1.2B	296.2x	-1.4x
HK inno.N	$1.2B	1.6x	11.1x
Strides Pharma	$1.1B	2.1x	11.6x
Square Pharma	$1.1B	1.8x	6.3x
GNI Group	$1.1B	6.3x	8.1x
Evotec	$1.1B	1.2x	28.0x
Inner Mongolia Furui Medical Science	$1.1B	5.3x	n/a
Schrödinger	$1.1B	4.7x	-5.9x
Youcare Pharmaceutical	$1.1B	n/a	n/a
Agios Pharmaceuticals	$1.1B	27.0x	-2.4x
Nippon Shinyaku	$1.1B	1.0x	3.9x
Liquidia	$1.0B	38.8x	n/a
Center Laboratories	$1.0B	n/a	n/a
Neuren Pharma	$1.0B	10.2x	16.3x
Polaris Group	$1.0B	n/a	n/a
BioGaia	$1.0B	6.5x	19.5x
MannKind	$1.0B	3.3x	n/a
Akums	$990M	2.0x	17.1x
TYK Medicines	$989M	n/a	-24.0x
Guilin Sanjin	$989M	n/a	n/a
Cosmo Pharmaceuticals	$976M	4.4x	8.8x
Vera Therapeutics	$967M	n/a	-5.0x
Xeris Biopharma	$958M	4.1x	54.7x
TchaikaPharma	$947M	n/a	n/a
Edgewise Therapeutics	$946M	n/a	-5.4x
Philogen	$924M	3.9x	4.9x
D&D Pharmatech	$916M	n/a	n/a
Aurinia Pharmaceuticals	$911M	3.7x	n/a
Boan Biotech	$906M	8.1x	36.2x
Zhejiang Ausun	$895M	n/a	n/a
Hanall Biopharma	$894M	8.4x	249.1x
Enliven Therapeutics	$894M	251051.0x	-7.4x
Akebia Therapeutics	$894M	5.0x	n/a
Ardelyx	$880M	2.5x	-47.2x
PolyPeptide	$863M	2.0x	21.7x
Emergent BioSolutions	$863M	0.9x	5.2x
Swedencare	$856M	3.1x	13.3x
Cidara Therapeutics	$852M	1332.6x	n/a
Sido Muncul	$840M	3.4x	8.9x
Cormedix	$839M	8.2x	n/a
89bio	$832M	n/a	-2.3x
Jiangxi Fushine Pharma Co	$829M	n/a	n/a
Kissei Pharmaceutical	$829M	1.4x	11.8x
Chengdu Easton	$822M	4.1x	17.1x
Oneness Biotech	$819M	n/a	n/a
Dynavax	$816M	2.7x	23.5x
TaiMed Biologics	$813M	36.4x	-241.7x
Lumosa Therapeutics Co	$804M	n/a	n/a
Vetoquinol	$797M	1.2x	6.4x
Avadel Pharmaceuticals	$793M	3.7x	67.7x
WAVE Life Sciences	$790M	9.5x	-5.2x
Elite Pharmaceuticals	$785M	n/a	n/a
Nxera Pharma	$782M	3.5x	53.0x
Alkaloid	$779M	n/a	n/a
Oculis Holding	$764M	870.7x	-8.1x
HBM Holdings	$752M	7.2x	9.6x
Spyre Therapeutics	$749M	15011.9x	-3.5x
CureVac	$748M	2.2x	12.9x
Pharming	$742M	2.3x	-1560.2x
GemPharmatech	$735M	7.1x	25.1x
Chong Kun Dang Pharma	$729M	0.6x	n/a
Zentiva	$727M	n/a	n/a
Oscotec	$719M	17.0x	n/a
Viridian Therapeutics	$712M	2856.9x	-2.4x
Guizhou Sanli	$711M	2.2x	11.4x
Basilea Pharmaceutica	$710M	2.7x	11.5x
Nika Pharmaceuticals	$708M	n/a	n/a
Eczacıbaşı	$701M	n/a	n/a
Cogent Biosciences	$697M	n/a	-3.1x
CStone Pharmaceuticals	$694M	15.5x	-30.5x
Zymeworks	$692M	7.4x	-5.9x
Pharvaris	$686M	n/a	-3.9x
Celldex Therapeutics	$684M	129.0x	-3.1x
Middle East Pharma	$677M	5.8x	21.8x
Medincell	$675M	20.5x	-58.0x
Anavex Life Sciences	$671M	n/a	n/a
ORIC Pharmaceuticals	$663M	n/a	-4.8x
Phathom Pharmaceuticals	$661M	6.2x	-3.2x
Evolus	$657M	2.1x	-139.0x
Beam Therapeutics	$649M	11.0x	-1.5x
LENZ Therapeutics	$632M	182.7x	-9.2x
Geron	$620M	4.5x	n/a
Ironwood Pharmaceuticals	$606M	1.9x	6.0x
Sana Biotechnology	$601M	n/a	-2.7x
Renata	$599M	1.7x	10.6x
Kaken Pharmaceutical	$590M	0.9x	4.4x
TTY Biopharm	$587M	2.8x	559.0x
Intellia Therapeutics	$586M	10.3x	-1.2x
Verve Therapeutics	$575M	14.5x	-2.3x
ArriVent BioPharma	$568M	n/a	-6.6x
Formycon	$564M	7.7x	-27.5x
Trevi Therapeutics	$564M	n/a	-10.0x
UroGen Pharma	$561M	5.2x	-5.1x
Synmosa Biopharma	$561M	n/a	n/a
Allergy Therapuetics	$551M	6.9x	-22.9x
Taysha GTx	$549M	70.9x	-6.0x
Valneva	$547M	2.6x	-344.6x
MeiraGTx	$539M	9.0x	n/a
Mineralys Therapeutics	$539M	n/a	-3.0x
Praxis Precision Medicines	$530M	112.3x	-2.3x
Oxford BioMedica	$526M	2.6x	-61.6x
Organogenesis	$522M	1.1x	10.3x
PharmaNutra	$513M	3.5x	13.3x
Grape King Bio	$511M	n/a	n/a
Opthea	$508M	2014.5x	-3.4x
Sionna Therapeutics	$507M	n/a	-5.8x
YungShin Global Holdings	$505M	n/a	n/a
Immunome	$497M	74.7x	-2.0x
AbCellera	$483M	17.7x	-2.1x
Zevra Therapeutics	$481M	8.2x	-10.6x
Arbutus Biopharma	$480M	80.0x	n/a
GH Research	$470M	n/a	-8.7x
Theravance	$469M	5.9x	n/a
Blau Farmacêutica	$467M	1.4x	5.9x
PYC Therapeutics	$462M	140.0x	-11.8x
Jiangsu Wuzhong Pharmaceutical	$454M	n/a	n/a
Abivax	$453M	41.9x	-2.5x
Clarity Pharmaceuticals	$452M	129.8x	-12.4x
Julphar	$444M	1.2x	9.2x
Heron Therapeutics	$442M	2.9x	51.4x
Dyne Therapeutics	$428M	n/a	-1.1x
Tempo Scan Pacific	$425M	n/a	n/a
GlaxoSmithKline Pakistan	$421M	1.9x	n/a
uniQure	$420M	14.9x	-2.6x
Antibiotice	$419M	2.7x	11.9x
Boiron	$407M	0.7x	4.6x
Celcuity	$399M	n/a	-3.0x
Eton Pharmaceuticals	$395M	6.8x	41.2x
Pyridam Farma	$392M	n/a	n/a
ATAI Life Sciences	$389M	354.4x	-4.1x
aTyr Pharma	$387M	318.2x	-5.7x
Inventiva	$381M	25.3x	-3.4x
Scinopharm Taiwan	$379M	3.2x	n/a
Botanix Pharmaceuticals	$379M	64.7x	-11.9x
Esperion Therapeutics	$379M	1.1x	11.1x
Kamada	$377M	2.1x	9.7x
Janux Therapeutics	$375M	63.7x	-3.1x
Tango Therapeutics	$375M	10.6x	n/a
Amylyx Pharmaceuticals	$368M	8.4x	n/a
Structure Therapeutics	$365M	16.1x	-1.9x
Duopharma Biotech	$362M	1.8x	9.3x
EyePoint Pharmaceuticals	$354M	8.4x	2.5x
CytoDyn	$347M	n/a	n/a
Nurix Therapeutics	$345M	5.8x	-1.6x
PharmaSGP	$345M	n/a	n/a
Precigen	$344M	39.1x	-2.9x
Dianthus Therapeutics	$337M	67.4x	n/a
Laboratorio Reig Jofre	$337M	0.8x	7.3x
Celon Pharma	$334M	4.7x	25.1x
Knight Therapeutics	$332M	1.2x	8.2x
Simulations Plus	$330M	4.1x	14.3x
AnaptysBio	$328M	3.8x	-3.0x
Omeros	$326M	251.5x	n/a
XOMA Royalty	$323M	8.7x	-244.3x
EQL Pharma	$320M	7.5x	33.8x
Citius Oncology	$319M	n/a	n/a
Rigel Pharmaceuticals	$319M	1.7x	6.1x
KalVista Pharma	$315M	62.0x	-1.8x
Abbott Laboratories (Pakistan)	$314M	1.3x	n/a
Cereno Scientific	$313M	n/a	n/a
Hansa Biopharma	$310M	12.4x	-5.5x
Capricor Therapeutics	$309M	4.6x	-17.0x
Replimune Group	$309M	21.5x	-1.1x
Faron Pharmaceuticals	$308M	363565.9x	-12.8x
SIGA Technologies	$305M	2.3x	4.8x
Rezolute	$302M	n/a	n/a
Mind Medicine	$300M	n/a	-2.7x
Aquestive Therapeutics	$299M	5.8x	-8.0x
Prime Medicine	$299M	38.3x	-1.7x
Vigil Neuro	$297M	2072.4x	n/a
Animalcare Group	$294M	2.6x	14.3x
Senores Pharmaceuticals	$292M	5.0x	n/a
Syndax	$291M	3.9x	-0.9x
Flerie	$291M	n/a	n/a
Zhengye Biotechnology	$289M	n/a	n/a
CytomX Therapeutics	$286M	2.4x	18.2x
Aura Biosciences	$279M	n/a	n/a
Ocugen	$278M	84.5x	n/a
Ourofino	$276M	1.4x	6.6x
Coherus Oncology	$272M	1.7x	-2.6x
Hyundai Bioscience	$270M	n/a	n/a
Maze Therapeutics	$269M	3.1x	-6.0x
Iovance Biotherapeutics	$267M	1.2x	-0.7x
Alpha Teknova	$265M	6.8x	-21.6x
Stoke Therapeutics	$265M	2.4x	-5.8x
Corvus Pharma	$265M	684.8x	n/a
Compass Therapeutics	$254M	580.8x	n/a
Lexicon Pharmaceuticals	$251M	10.6x	-1.6x
Savara	$250M	n/a	n/a
Oryzon Genomics	$248M	32.0x	-94.8x
DBV Technologies	$242M	63.4x	-1.5x
Tevogen Bio	$240M	n/a	n/a
Galectin Therapeutics	$237M	n/a	n/a
Heidelberg Pharma	$235M	19.4x	-7.6x
Abeona Therapeutics	$230M	18.4x	n/a
Regenxbio	$226M	1.1x	-2.9x
Fennec Pharmaceuticals	$225M	4.6x	16.7x
Gossamer Bio	$224M	3.2x	-2.3x
Nanobiotix	$223M	34.5x	-4.3x
Inozyme Pharma	$220M	n/a	n/a
Easywell Biomedicals	$214M	n/a	n/a
Newron Pharmaceuticals	$214M	5.1x	24.5x
Nuvation Bio	$213M	19.7x	n/a
iAnthus Capital	$213M	n/a	n/a
Clinuvel Pharma	$211M	3.2x	6.5x
Eupraxia Pharmaceuticals	$210M	n/a	n/a
Dimerix	$209M	40.4x	-19.3x
Benitec Biopharma	$203M	n/a	n/a
Nektar Therapeutics	$202M	2.9x	-1.7x
Absci	$201M	26.8x	-2.2x
Agenus	$198M	1.7x	n/a
Tyra Biosciences	$196M	n/a	-1.7x
BioStem Technologies	$196M	0.6x	n/a
scPharmaceuticals	$196M	3.5x	-3.7x
ADC Therapeutics	$194M	2.6x	n/a
XSpray Pharma	$193M	n/a	-6.5x
Santhera Pharma	$192M	2.9x	-7.9x
Armata Pharmaceuticals	$192M	35.9x	-4.2x
OmniAb	$191M	7.7x	-4.3x
Day One Biopharmaceutical	$189M	1.3x	-1.0x
SELLAS Life Sciences	$188M	n/a	n/a
AFT Pharmaceuticals	$188M	1.4x	14.2x
Verastem	$187M	11.1x	n/a
Searle Co.	$186M	n/a	n/a
Hyloris Pharmaceuticals	$185M	17.9x	-12.0x
Lavipharm	$184M	n/a	n/a
4basebio	$183M	72.5x	-10.0x
Tiziana Life Sciences	$180M	n/a	n/a
Arcturus Therapeutics	$179M	1.5x	-1.9x
Ryvu Therapeutics	$178M	6.5x	-7.4x
Avacta Group	$178M	2295.2x	-5.3x
MediWound	$178M	8.1x	-10.7x
Palvella Therapeutics	$174M	n/a	-7.3x
Vor Biopharma	$173M	n/a	n/a
Candel Therapeutics	$172M	n/a	-5.2x
Journey Medical	$171M	2.7x	37.3x
Genfit	$171M	1.2x	2.2x
NervGen Pharma	$170M	n/a	-11.2x
Altimmune	$166M	13099.4x	-1.6x
BioInvent International	$163M	24.7x	-3.2x
Tourmaline Bio	$162M	48.8x	n/a
Lineage Cell Therapeutics	$162M	19.9x	-6.9x
Septerna	$161M	2.3x	-2.2x
Vicore Pharma Holding	$161M	21.1x	-5.9x
Upstream Bio	$160M	80.3x	-1.4x
Sage Therapeutics	$158M	2.6x	-0.5x
Xencor	$158M	1.4x	-0.8x
Egetis Therapeutics	$155M	12.7x	-5.6x
Aldeyra Therapeutics	$155M	11.9x	n/a
Karyopharm Therapeutics	$154M	1.1x	n/a
Fulcrum Therapeutics	$152M	3.8x	n/a
Autolus Therapeutics	$151M	4.5x	-0.7x
Biofarm	$147M	n/a	n/a
Y-mAbs Therapeutics	$145M	1.7x	-3.7x
Scancell	$144M	25.4x	-8.2x
Medeze Group	$143M	5.1x	10.4x
Aardvark Therapeutics	$142M	n/a	-3.9x
Cullinan Therapeutics	$142M	43.9x	-0.7x
MBX Biosciences	$141M	n/a	-1.6x
Abclon	$139M	n/a	n/a
Puma Biotechnology	$139M	0.6x	n/a
Rapport Therapeutics	$138M	n/a	-1.3x
Kotra Industries	$138M	2.3x	7.5x
Sangamo Therapeutics	$133M	2.3x	-2.0x
Alumis	$133M	10.5x	-0.5x
Bioceltix	$133M	n/a	n/a
Cardiff Oncology	$131M	244.8x	n/a
DiaMedica	$131M	n/a	-4.0x
Actuate Therapeutics	$128M	n/a	n/a
Seres Therapeutics	$128M	n/a	-1.1x
Saniona	$128M	7.5x	19.0x
Diamyd Medical	$127M	1795.7x	-8.3x
Nuvectis Pharma	$126M	n/a	-5.7x
Immutep	$125M	27.1x	-3.3x
Kodiak Sciences	$125M	n/a	-0.6x
Anika Therapeutics	$124M	1.1x	15.9x
Synthaverse	$124M	5.8x	17.1x
OSE Immunotherapeutics	$121M	1.7x	3.7x
Race Oncology	$121M	n/a	-30.1x
Instil Bio	$120M	n/a	n/a
Turk İlaç	$120M	n/a	n/a
Acepodia	$119M	n/a	n/a
Greenwich LifeSciences	$119M	n/a	n/a
Intercure	$117M	1.8x	n/a
Spero Therapeutics	$117M	4.3x	n/a
Transgene	$117M	5.2x	-5.5x
PhotoCure	$116M	2.2x	23.1x
Orexo	$115M	1.9x	30.2x
Celularity	$114M	n/a	n/a
Elicio Therapeutics	$111M	n/a	n/a
AB Science	$111M	83.6x	-13.1x
Innate Pharma	$110M	1.7x	3.6x
Bioton	$110M	1.8x	11.0x
Vistin Pharma	$108M	n/a	n/a
Astria Therapeutics	$108M	n/a	-0.8x
Erasca	$107M	n/a	-0.6x
MariMed	$107M	0.7x	5.4x
Dicot Pharma	$105M	n/a	n/a
Milestone Pharmaceuticals	$103M	n/a	-3.3x
Cartesian Therapeutics	$103M	4.9x	n/a
Naturland Holding	$101M	n/a	n/a
Sagimet Biosciences	$101M	141.5x	-1.6x
Fractyl Health	$98.4M	2110.7x	-1.2x
Inhibrx Biosciences	$96.9M	966.1x	n/a
OKYO Pharma	$95.2M	n/a	n/a
Outlook Therapeutics	$94.3M	19.4x	n/a
Zenas BioPharma	$94.2M	11.9x	-0.5x
Solid Biosciences	$94.2M	n/a	-0.6x
SynAct Pharma	$93.9M	n/a	-6.2x
Anixa Biosciences	$90.3M	n/a	n/a
Silence Therapeutics	$90.2M	3.3x	-1.6x
Magle Chemoswed Holding	$89.9M	2.9x	12.3x
Immuneering	$89.5M	n/a	n/a
Darya-Varia Laboratoria	$89.0M	n/a	n/a
Poxel	$88.5M	11.4x	n/a
BeyondSpring	$86.8M	n/a	n/a
BioXcel Therapeutics	$85.8M	48.5x	-1.6x
Adocia	$85.5M	6.0x	n/a
Nutriband	$85.4M	12.1x	n/a
Apontis Pharma	$84.9M	n/a	n/a
Vivani Medical	$82.9M	n/a	n/a
Replek	$81.3M	n/a	n/a
ProQR Therapeutics	$78.9M	3.4x	-6.2x
Vaxart	$78.0M	3.1x	n/a
Foghorn Therapeutics	$76.2M	2.8x	-0.9x
Hamlet BioPharma	$75.3M	n/a	n/a
StemRIM	$75.1M	n/a	-5.3x
Biomea Fusion	$75.0M	n/a	-0.6x
Genelux	$75.0M	18694.9x	-3.2x
Entera Bio	$74.0M	408.9x	n/a
ImmuCell	$73.0M	n/a	n/a
Atara Biotherapeutics	$72.7M	0.6x	12.4x
PureTech Health	$71.7M	2.4x	-0.5x
Marinomed Biotech	$71.7M	11.9x	16.8x
Skye Bioscience	$70.7M	n/a	n/a
Quince Therapeutics	$70.2M	n/a	n/a
Arovella Therapeutics	$69.7M	n/a	n/a
Veru	$68.6M	16.9x	n/a
Scilex Holding	$68.1M	0.8x	n/a
Curatis Holding	$66.8M	6.0x	-21.3x
Labiana Health	$66.7M	n/a	n/a
Tectonic Therapeutic	$66.5M	n/a	n/a
Achieve Life Sciences	$64.9M	n/a	n/a
Shield Therapeutics	$64.1M	1.5x	-4.0x
ArcticZymes	$64.1M	6.0x	134.6x
LakeShore Biopharma	$64.0M	n/a	n/a
Verrica Pharmaceuticals	$61.9M	4.7x	n/a
Amarin Corp	$61.8M	0.3x	-0.9x
Paradigm Biopharma	$61.5M	n/a	n/a
FibroGen	$61.0M	3.1x	-0.9x
Coya Therapeutics	$60.6M	14.3x	n/a
Eyenovia	$60.2M	n/a	n/a
Cybin	$60.2M	n/a	n/a
Iterum Therapeutics	$58.9M	25.3x	-3.5x
Enzymatica	$58.2M	12.1x	n/a
Vicapsys	$57.8M	n/a	n/a
Renovaro	$55.1M	n/a	n/a
Adverum Biotechnologies	$55.0M	6.8x	-0.3x
IO Biotech	$54.9M	n/a	-0.6x
Xbrane Biopharma	$54.6M	1.3x	10.0x
Recce Pharmaceuticals	$53.9M	15.8x	-6.9x
Argenica Therapeutics	$53.7M	24.9x	-14.2x
Immunic	$53.5M	n/a	n/a
Adaptimmune Therapeutics	$52.7M	0.5x	-0.6x
Assembly Biosciences	$51.9M	1.9x	n/a
Neurizon Therapeutics	$50.4M	n/a	n/a
IBT	$49.5M	n/a	n/a
Abionyx Pharma	$49.3M	8.9x	-4.5x
Clearside Biomedical	$49.2M	17.5x	-1.6x
Compugen	$48.9M	2.1x	n/a
Allogene Therapeutics	$48.4M	3188.3x	-0.2x
Korro Bio	$48.1M	18.2x	n/a
Perspective Therapeutics	$47.5M	41.0x	-0.5x
Anebulo Pharmaceuticals	$45.9M	n/a	n/a
Gain Therapeutics	$45.4M	n/a	n/a
Gensight Biologics	$45.4M	7.9x	n/a
Cue Biopharma	$45.3M	5.2x	n/a
Bicara Therapeutics	$45.2M	n/a	-0.4x
Atossa Therapeutics	$44.7M	n/a	n/a
Lytix Biopharma	$44.4M	80.4x	-6.0x
Pluri	$43.9M	32.7x	n/a
Pentixapharm Holding	$43.9M	n/a	n/a
Lexeo Therapeutics	$43.7M	n/a	-0.5x
Amplia Therapeutics	$43.6M	n/a	n/a
Unicycive	$42.9M	5.8x	n/a
Immix Biopharma	$42.8M	n/a	-2.0x
NeuroSense Therapeutics	$42.5M	n/a	n/a
Genenta Science	$42.0M	n/a	n/a
Ascelia Pharma	$41.1M	9.3x	-14.4x
Vitrafy	$40.3M	462.9x	-3.6x
Biotechnology Assets	$39.8M	n/a	n/a
PDS Biotechnology	$39.8M	n/a	-1.0x
Invivyd	$39.0M	0.6x	-0.4x
Mabion	$38.7M	2.9x	-14.6x
Immatics	$38.3M	0.3x	-0.4x
Eledon Pharmaceuticals	$38.0M	n/a	n/a
Telomir Pharmaceuticals	$37.9M	n/a	n/a
Vytrus Biotech	$37.5M	n/a	n/a
Genoway	$37.5M	1.4x	9.3x
Fortress Biotech	$37.5M	0.5x	n/a
Jasper Therapeutics	$37.3M	n/a	-0.4x
Eco Animal Health Group	$37.1M	0.3x	3.6x
Akari Therapeutics	$36.9M	n/a	n/a
PolyPid	$36.6M	n/a	n/a
Captor Therapeutics	$35.9M	6.5x	-4.0x
Mendus	$35.5M	67.2x	-4.2x
Guard Therapeutics Intl	$34.9M	n/a	-2.9x
Herantis Pharma	$34.7M	2956.1x	-5.9x
Cabaletta Bio	$34.5M	15.8x	-0.2x
Oncopeptides	$34.3M	4.4x	-1.4x
INmune Bio	$34.3M	1074.0x	n/a
RenovoRx	$33.8M	48.6x	n/a
Vivoryon Therapeutics	$33.7M	n/a	-1.6x
Lipum	$33.6M	n/a	-5.7x
Actinogen Medical	$33.0M	n/a	n/a
I-MAB	$32.7M	n/a	n/a
Biosenic	$32.3M	n/a	n/a
Larimar Therapeutics	$31.7M	n/a	-0.3x
Poltreg	$31.4M	n/a	n/a
Nanexa	$31.3M	n/a	n/a
MiNK Therapeutics	$31.3M	n/a	n/a
Cessatech	$30.6M	n/a	n/a
Intervacc	$30.0M	n/a	n/a
MediciNova	$28.6M	n/a	n/a
AC Immune	$28.5M	1.6x	n/a
Aqua Bio Technology	$28.5M	n/a	n/a
Xintela	$28.4M	127.4x	-4.4x
SoftOx Solutions	$27.5M	n/a	n/a
Annexon	$27.4M	n/a	-0.1x
Rani Therapeutics	$27.1M	38.4x	n/a
Enanta Pharmaceuticals	$27.0M	0.4x	-0.3x
Nicox	$26.5M	3.8x	n/a
Corline Biomedical	$26.3M	14.3x	-56.9x
Elicera Therapeutics	$25.9M	n/a	-15.4x
Adagene	$25.2M	368.1x	-0.7x
Pharma Equity Group	$25.0M	n/a	-7.5x
Cantargia	$24.5M	4.7x	-1.5x
Sensorion	$24.4M	1.4x	-0.6x
CASI Pharmaceuticals	$24.1M	1.2x	n/a
Tenaya Therapeutics	$24.0M	n/a	-0.2x
AlzeCure Pharma	$23.9M	22.7x	-102.5x
FibroBiologics	$22.9M	n/a	n/a
Cinclus Pharma Holding	$22.8M	3.8x	-1.4x
Valerio Therapeutics	$22.7M	n/a	n/a
Futura Medical	$22.6M	1.7x	-16.4x
Karolinska Development	$22.5M	n/a	n/a
Active Biotech	$22.0M	n/a	-7.1x
Initiator Pharma	$21.7M	5.7x	15.3x
Biogened	$21.6M	n/a	n/a
Nanogroup	$21.1M	n/a	n/a
HCW Biologics	$21.1M	4.4x	n/a
Kala Bio	$20.9M	n/a	n/a
Reviva Pharmaceuticals	$20.9M	n/a	n/a
Molecure	$20.7M	7.5x	-2.3x
Adlai Nortye	$20.6M	n/a	-0.4x
Evaxion	$20.5M	6.0x	n/a
IRLAB Therapeutics	$20.4M	n/a	n/a
Annovis Bio	$20.0M	n/a	-0.6x
Citius Pharmaceuticals	$18.7M	4.9x	n/a
Grace Therapeutics	$18.5M	n/a	-1.1x
Kancera	$18.3M	n/a	-6.8x
Urteste	$18.0M	n/a	n/a
Inovio Pharmaceuticals	$17.9M	109.5x	n/a
Glycorex Transplantation	$17.8M	n/a	n/a
Relief Therapeutics	$17.4M	n/a	n/a
Celadon Pharma	$17.4M	n/a	n/a
Plant Advanced	$17.2M	n/a	n/a
Moberg Pharma	$17.0M	12.9x	-7.7x
Read-Gene	$16.8M	n/a	n/a
Mira Pharmaceuticals	$16.6M	n/a	n/a
Tempest Therapeutics	$16.6M	n/a	-0.4x
Alzinova	$16.1M	8.1x	-18.9x
GeNeuro	$15.7M	n/a	n/a
Enorama Pharma	$15.4M	n/a	n/a
NLS Pharmaceutics	$15.3M	n/a	n/a
Annexin Pharmaceuticals	$15.0M	n/a	n/a
Incannex	$15.0M	74.7x	-0.7x
Arterra Bioscience	$14.7M	2.3x	6.9x
Lantern Pharma	$14.6M	n/a	n/a
Dare Bioscience	$14.4M	25.4x	n/a
Assertio Therapeutics	$13.9M	0.1x	1.0x
Opus Genetics	$13.9M	1.0x	n/a
Aton	$13.4M	n/a	n/a
Rein Therapeutics	$13.3M	n/a	n/a
Durect	$13.3M	8.8x	n/a
AcuCort	$13.1M	39.0x	-6.9x
Celyad Oncology	$13.1M	n/a	n/a
Oxurion	$13.0M	n/a	n/a
Medivir	$13.0M	30.2x	-1.2x
DexTech Medical	$13.0M	n/a	n/a
Estrella Immunopharma	$12.9M	n/a	n/a
Toleranzia	$12.5M	n/a	n/a
Starpharma	$12.4M	n/a	n/a
Geovax Labs	$12.4M	4.6x	n/a
Chemomab Therapeutics	$12.2M	n/a	n/a
Arctic Bioscience	$12.1M	2.0x	-4.8x
LTR Pharma	$12.0M	n/a	n/a
Simris Alg	$11.9M	n/a	n/a
Theranexus	$11.6M	n/a	n/a
Biofrontera	$11.2M	n/a	n/a
Abera Bioscience	$11.0M	n/a	n/a
CARISMA Therapeutics	$10.9M	0.6x	n/a
Bio-Works Technologies	$10.2M	n/a	n/a
SAB Bio	$10.2M	12.6x	n/a
Black Diamond Therapeutics	$10.2M	0.3x	n/a
Pure Biologics	$10.1M	n/a	n/a
Spago Nanomedical	$10.0M	47.5x	-3.0x
Radiopharm Theranostics	$9.7M	10.1x	-0.4x
Biophytis	$9.1M	3.9x	-0.4x
NextCell Pharma	$9.1M	6.8x	-2.1x
Klaria Pharma Holding	$8.9M	n/a	-4.4x
Nanologica	$8.6M	2.5x	-2.4x
Unity Biotechnology	$8.4M	n/a	-0.3x
vTv Therapeutics	$8.3M	16.3x	n/a
Exact Therapeutics	$8.2M	n/a	n/a
Pila Pharma	$8.1M	n/a	n/a
2cureX	$7.8M	n/a	n/a
ProMIS Neurosciences	$7.4M	n/a	n/a
Acurx Pharmaceuticals	$7.4M	n/a	n/a
Intensity Therapeutics	$7.2M	n/a	n/a
JFL Life Sciences	$6.8M	n/a	n/a
OncoZenge	$6.7M	42.4x	-6.5x
Curis	$6.6M	0.6x	n/a
AcouSort	$6.6M	n/a	n/a
Circio Holding	$6.5M	n/a	-1.4x
Biovica Intl	$6.4M	n/a	n/a
Enlivex Therapeutics	$6.4M	n/a	n/a
Opsy Holding	$6.4M	n/a	n/a
Biosergen	$6.4M	n/a	n/a
CalciMedica	$6.3M	n/a	-0.2x
Longeveron	$6.3M	3.0x	n/a
Coegin Pharm	$6.2M	n/a	n/a
Addex Therapeutics	$6.1M	5.2x	n/a
Newbury Pharmaceuticals	$6.0M	n/a	n/a
Aelis Farma	$5.8M	1.1x	n/a
Oncoinvent	$5.4M	5.2x	-0.5x
Hemp & Health	$5.3M	n/a	n/a
Medicofarma Biotech	$5.0M	n/a	n/a
Sol-Gel Technologies	$4.9M	n/a	n/a
TME Pharma	$4.8M	n/a	-1.4x
Vivesto	$4.8M	n/a	-1.3x
X4 Pharmaceuticals	$4.7M	0.3x	n/a
Modus Therapeutics	$4.5M	n/a	-2.0x
Genxone	$4.4M	n/a	n/a
Respiratorius	$4.2M	n/a	n/a
Scandinavian ChemoTech	$4.2M	n/a	n/a
Chosa Oncology	$3.9M	n/a	n/a
Nidhogg Resources Holding	$3.6M	n/a	n/a
PCI Biotech Holding	$3.6M	n/a	n/a
Cannabis Poland	$3.5M	n/a	n/a
ODI Pharma	$3.5M	n/a	n/a
Strategic Partners	$3.4M	n/a	n/a
Cognition Therapeutics	$3.3M	n/a	n/a
BioLineRx	$3.2M	0.2x	-0.2x
Isofol Medical	$3.0M	n/a	n/a
PEPTONIC medical	$2.9M	n/a	n/a
Stenocare	$2.8M	4.8x	-1.3x
PharmaLundensis	$2.5M	n/a	n/a
Stayble Therapeutics	$1.8M	n/a	13.1x
Aptahem	$1.7M	n/a	n/a
Sprint Bioscience	$1.6M	0.2x	-1.0x
MetaVia	$1.5M	n/a	n/a
NanoEcho	$1.5M	n/a	n/a
Nextgen Biomed	$1.1M	n/a	n/a
Double Bond	$1.0M	n/a	n/a
Lipigon Pharmaceuticals	$1.0M	1.6x	-0.3x
ExpreS2ion Biotech Hldg	$0.9M	1.0x	n/a
QUIA PHARMA	$0.8M	n/a	n/a
Gabather	$0.7M	n/a	n/a
Diagonal Bio	$0.7M	n/a	n/a
bioXXmed	$0.7M	n/a	n/a
DanCann Pharma	$0.6M	n/a	n/a
Neovacs	$0.4M	n/a	n/a
Sangui Biotech Intl	$42K	n/a	n/a
Cellectar Biosciences	-$26K	n/a	n/a
Lidds	-$0.2M	n/a	n/a
Marker Therapeutics	-$0.8M	-0.2x	0.1x
Lisata Therapeutics	-$0.8M	-1.6x	0.0x
Precision BioSciences	-$0.9M	-0.0x	0.0x
Fluicell	-$1.0M	n/a	n/a
Scandion Oncology	-$1.9M	n/a	n/a
Lipocine	-$2.3M	-0.4x	n/a
Cellectis	-$2.6M	-0.1x	0.0x
Equillium	-$2.6M	-0.1x	n/a
Bolt Biotherapeutics	-$3.1M	-0.5x	n/a
Protara Therapeutics	-$3.2M	n/a	n/a
Applied Therapeutics	-$4.0M	-4.7x	n/a
Ovid Therapeutics	-$5.1M	-11.5x	n/a
Editas Medicine	-$5.7M	-0.2x	0.0x
Galecto	-$6.0M	n/a	n/a
enGene	-$6.0M	n/a	0.1x
NUTEX	-$6.2M	n/a	n/a
Werewolf Therapeutics	-$6.3M	-8.2x	n/a
Monte Rosa Therapeutics	-$6.8M	-0.1x	0.2x
Relmada Therapeutics	-$7.1M	n/a	n/a
Terns Pharma	-$7.3M	n/a	0.1x
BerGenBio	-$8.3M	-159.8x	0.6x
Vir Biotechnology	-$8.8M	-0.2x	0.0x
BioAtla	-$8.9M	-1.6x	n/a
Camp4 Therapeutics	-$12.2M	-8.5x	0.2x
SCYNEXIS	-$12.4M	-1.1x	n/a
Passage Bio	-$13.8M	n/a	n/a
Climb Bio	-$14.5M	n/a	n/a
Surrozen	-$17.0M	-3.0x	n/a
Pyxis Oncology	-$17.4M	-2.2x	n/a
Molecular Partners	-$18.1M	-5.1x	0.2x
Shattuck Labs	-$19.8M	-6.9x	0.3x
Leap Therapeutics	-$20.3M	n/a	n/a
Vistagen Therapeutics	-$20.7M	-25.3x	n/a
Voyager Therapeutics	-$21.9M	-0.3x	0.2x
Kronos Bio	-$22.0M	-2.2x	n/a
InflaRx	-$22.4M	-69.4x	n/a
VYNE Therapeutics	-$22.8M	-38.0x	0.5x
Third Harmonic Bio	-$23.1M	n/a	n/a
PHAXIAM Therapeutics	-$24.4M	n/a	n/a
HOOKIPA Pharma	-$24.4M	-0.6x	n/a
Elevation Oncology	-$27.7M	n/a	n/a
Q32 Bio	-$28.5M	n/a	n/a
Connect Biopharma	-$28.6M	-2.2x	n/a
Fate Therapeutics	-$28.7M	-3.2x	0.2x
Rocket Pharmaceuticals	-$29.9M	-116.9x	0.1x
Context Therapeutics	-$30.4M	n/a	n/a
LAVA Therapeutics	-$31.5M	-5.2x	n/a
Cassava Sciences	-$33.7M	n/a	n/a
Prelude Therapeutics	-$35.4M	-10.1x	n/a
Design Therapeutics	-$36.2M	n/a	n/a
HilleVax	-$36.6M	n/a	n/a
ESSA Pharma	-$37.7M	n/a	n/a
NextCure	-$37.8M	n/a	n/a
Oramed Pharmaceuticals	-$39.2M	n/a	n/a
Macrogenics	-$39.7M	-0.3x	n/a
IGM Biosciences	-$40.2M	-17.7x	0.3x
Rallybio	-$40.3M	-96.3x	n/a
Mersana Therapeutics	-$40.5M	-1.3x	n/a
Ikena Oncology	-$42.8M	n/a	n/a
RAPT Therapeutics	-$42.8M	n/a	0.4x
PepGen	-$43.0M	n/a	n/a
Corbus Pharmaceuticals	-$45.5M	-54.7x	n/a
Xilio Therapeutics	-$46.2M	-2.9x	n/a
Generation Bio	-$48.5M	-2.8x	n/a
C4 Therapeutics	-$49.5M	-1.7x	0.4x
Barinthus Biotherapeutics	-$49.7M	-6.6x	n/a
Acumen Pharmaceuticals	-$50.2M	n/a	0.4x
Vanda Pharmaceuticals	-$51.0M	-0.2x	n/a
Mural Oncology	-$58.1M	n/a	0.6x
Repare Therapeutics	-$63.2M	-2.0x	n/a
AN2 Therapeutics	-$63.3M	n/a	n/a
OnKure Therapeutics	-$63.3M	n/a	n/a
Century Therapeutics	-$64.5M	-1.1x	n/a
ALX Oncology	-$65.7M	n/a	0.7x
Neurogene	-$65.8M	-142.0x	n/a
Caribou Biosciences	-$66.0M	-6.8x	0.4x
Kezar Life Sciences	-$66.5M	n/a	n/a
Boundless Bio	-$66.5M	n/a	n/a
Ventyx Biosciences	-$66.7M	n/a	0.6x
Nkarta	-$69.2M	n/a	n/a
Relay Therapeutics	-$70.0M	-6.4x	0.2x
Avalo Therapeutics	-$70.2M	-317.6x	n/a
Entrada Therapeutics	-$71.2M	-0.6x	n/a
XBiotech	-$71.6M	n/a	n/a
TScan Therapeutics	-$72.0M	-14.1x	0.6x
Alto Neuroscience	-$74.8M	n/a	1.0x
Arcus Biosciences	-$75.1M	-0.4x	0.2x
Prothena Corp.	-$81.0M	-1.0x	n/a
Contineum Therapeutics	-$82.0M	-32.9x	1.3x
Adicet Bio	-$83.4M	n/a	n/a
Aligos Therapeutics	-$85.8M	-29.5x	n/a
Cargo Therapeutics	-$98.4M	n/a	n/a
Olema Pharmaceuticals	-$100M	n/a	0.7x
Kyverna Therapeutics	-$103M	n/a	0.6x
PMV Pharma	-$104M	n/a	n/a
Zura Bio	-$106M	n/a	n/a
Acrivon Therapeutics	-$109M	-1499.8x	n/a
Artiva Biotherapeutics	-$115M	-911.4x	n/a
Atea Pharmaceuticals	-$117M	n/a	0.7x
Lyell Immunopharma	-$121M	-2972.0x	0.5x
4D Molecular Therapeutics	-$126M	-58.1x	0.6x
Metagenomi	-$126M	-3.1x	1.3x
Neumora Therapeutics	-$128M	n/a	0.5x
ITeos Therapeutics	-$134M	-7.6x	0.9x
Kura Oncology	-$140M	-1.5x	0.7x
Whitehawk Therapeutics	-$143M	-3.4x	n/a
Keros Therapeutics	-$160M	-1.6x	1.5x
Bioage Labs	-$163M	-223.2x	2.1x
Sutro Biopharma	-$167M	-2.8x	0.9x
Pliant Therapeutics	-$174M	-122.1x	0.9x
Alector	-$174M	-3.1x	1.0x
Zentalis Pharma	-$210M	-6.2x	0.9x
ProKidney	-$248M	-2958.4x	1.4x
Bicycle Therapeutics	-$284M	n/a	n/a
Arvinas	-$406M	-1.5x	2.6x
Galapagos	-$2.0B	-6.1x	11.3x