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 and Co	$931B	14.6x	32.2x
Johnson & Johnson	$589B	6.3x	16.5x
AbbVie	$462B	7.6x	17.7x
Roche	$383B	4.8x	12.2x
AstraZeneca	$321B	5.4x	15.6x
Merck & Co	$311B	4.8x	10.4x
Novartis	$309B	5.5x	13.4x
Novo Nordisk	$272B	5.6x	11.6x
Amgen	$228B	6.3x	12.9x
Gilead Sciences	$195B	6.7x	12.2x
Pfizer	$192B	3.1x	7.8x
Bristol-Myers Squibb	$149B	3.1x	8.0x
Sanofi	$130B	2.4x	8.1x
GSK	$126B	2.8x	8.4x
Vertex Pharmaceuticals	$114B	9.5x	21.0x
Bayer	$90.9B	1.7x	8.0x
Chugai Pharmaceutical Co	$87.0B	10.9x	21.4x
Takeda Pharmaceuticals	$81.3B	2.8x	10.4x
Merck KGaA	$75.8B	3.0x	10.5x
Regeneron Pharmaceuticals	$63.6B	4.5x	12.7x
Zoetis	$60.3B	6.4x	14.6x
Haleon	$57.1B	3.8x	15.1x
Teva Pharmaceuticals	$55.0B	3.2x	10.6x
Jiangsu Hengrui Pharma	$49.0B	10.3x	34.2x
argenx	$48.3B	11.4x	40.1x
Galderma Group	$46.2B	8.8x	38.0x
Alnylam Pharmaceuticals	$45.1B	12.1x	64.2x
Fresenius	$45.0B	1.7x	10.0x
Sun Pharma	$41.9B	6.8x	24.0x
Sandoz	$37.6B	3.3x	15.5x
BeOne Medicines	$36.4B	6.9x	69.4x
Daiichi Sankyo	$32.4B	2.5x	12.2x
Insmed	$32.4B	63.1x	-28.9x
Otsuka Holdings	$29.9B	1.9x	7.9x
Viatris	$29.3B	2.1x	7.1x
Biogen	$28.6B	2.9x	9.4x
Astellas Pharma	$28.4B	2.2x	9.3x
Hansoh Pharma	$24.7B	11.7x	30.4x
Bausch Health	$21.8B	2.1x	6.0x
Grifols	$17.7B	2.0x	8.2x
Divi's Laboratories	$17.6B	15.6x	48.0x
United Therapeutics	$17.5B	5.4x	10.4x
Genmab	$17.0B	4.6x	12.1x
Incyte	$16.9B	3.4x	10.7x
Revolution Medicines	$16.8B	4367.7x	-14.8x
Innovent Biologics	$16.5B	8.5x	83.8x
BridgeBio Pharma	$16.2B	32.8x	-35.3x
Sichuan Biokin	$15.7B	49.4x	n/a
Elanco	$15.6B	3.3x	17.6x
Torrent Pharmaceuticals	$15.1B	11.0x	33.4x
Sobi	$14.7B	4.6x	12.0x
Regencell Bioscience	$14.1B	n/a	n/a
Ascendis Pharma	$14.0B	n/a	n/a
Zhangzhou Pientzehuang	$13.9B	9.7x	30.6x
Recordati	$13.7B	4.4x	11.8x
Jazz Pharmaceuticals	$13.5B	3.2x	14.4x
Sino Biopharmaceutical	$13.4B	2.8x	10.4x
Neurocrine Biosciences	$13.2B	4.6x	20.0x
CSPC Pharma Group	$13.2B	3.3x	13.2x
Ionis Pharmaceuticals	$13.0B	14.4x	-35.1x
Fosun Pharma	$12.7B	2.2x	13.4x
Moderna	$12.7B	6.6x	-4.0x
Ipsen	$12.7B	2.9x	7.5x
Orion	$12.1B	5.4x	14.6x
CR Pharmaceutical	$11.7B	0.3x	5.0x
Akeso	$11.6B	24.4x	-1150.3x
Kelun-Biotech	$11.4B	40.7x	-246.2x
Dr. Reddy's Laboratories	$11.1B	3.0x	12.2x
Roivant Sciences	$11.0B	599.4x	-9.8x
Lupin	$10.8B	3.9x	15.4x
Summit Therapeutics	$10.6B	n/a	-10.4x
Exelixis	$10.6B	4.5x	11.3x
Cipla	$10.6B	3.4x	13.9x
BioNTech	$10.3B	3.3x	-8.4x
Mankind Pharma	$10.2B	6.7x	26.8x
Organon	$10.2B	1.6x	5.3x
BioMarin Pharmaceutical	$10.2B	3.2x	13.8x
Madrigal Pharmaceuticals	$10.2B	10.8x	-34.6x
Zydus Lifesciences	$10.1B	3.7x	13.3x
Halozyme Therapeutics	$9.8B	7.3x	11.2x
Arrowhead Pharmaceuticals	$9.5B	13.2x	238.1x
Avidity Biosciences	$9.4B	485.4x	-14.0x
Axsome Therapeutics	$9.3B	14.9x	-57.0x
Huadong Medicine	$8.8B	1.4x	11.1x
Samchundang Pharm	$8.5B	n/a	n/a
Praxis Precision Medicines	$8.3B	27907.7x	-28.0x
Cytokinetics	$8.2B	101.3x	-13.5x
Abivax	$8.0B	784.4x	-33.3x
Caliway Biopharmaceuticals	$8.0B	6674.0x	-290.2x
Lundbeck	$7.9B	n/a	n/a
Haisco Pharmaceutical	$7.8B	12.1x	69.8x
Aurobindo Pharma	$7.6B	2.1x	10.3x
ABL Bio	$7.6B	96.9x	16960.0x
Krka	$7.6B	3.2x	9.5x
Eisai Co.	$7.6B	1.5x	12.0x
PharmaEssentia	$7.6B	15.6x	47.2x
Krystal Biotech	$7.4B	19.0x	44.0x
Nuvalent	$7.4B	n/a	-17.9x
Salubris Pharmaceuticals	$7.2B	11.1x	45.6x
Alkem Laboratories	$7.1B	4.6x	23.1x
Rhythm Pharmaceuticals	$7.0B	37.1x	-36.3x
Amneal Pharmaceuticals	$6.9B	2.3x	10.2x
Ono Pharmaceutical	$6.9B	2.2x	9.0x
Sumitomo Pharma	$6.8B	2.5x	9.1x
Belite Bio	$6.7B	n/a	n/a
ImmunityBio	$6.5B	58.9x	n/a
Kelun	$6.4B	2.5x	13.3x
Mirum Pharmaceuticals	$6.3B	12.3x	-397.1x
China Resources Sanjiu	$6.2B	1.4x	8.3x
Kyowa Kirin Co	$6.2B	2.0x	8.9x
SK Biopharmaceuticals	$6.1B	12.4x	40.7x
Hikma Pharmaceuticals	$6.0B	1.8x	7.0x
Abbott India	$6.0B	8.1x	29.5x
Laurus Labs	$6.0B	8.6x	36.8x
Gedeon Richter	$5.9B	2.0x	5.6x
Glenmark Pharma	$5.8B	3.3x	22.3x
Shanghai Allist	$5.8B	8.1x	21.9x
Kymera Therapeutics	$5.8B	108.0x	-18.3x
Structure Therapeutics	$5.6B	n/a	-20.2x
Yuhan	$5.5B	3.6x	40.8x
Cogent Biosciences	$5.5B	n/a	-20.4x
Siegfried	$5.4B	3.1x	14.0x
Gan and Lee	$5.3B	8.8x	26.5x
Perrigo	$5.2B	1.2x	7.1x
Celcuity	$5.0B	n/a	-30.2x
Changchun High-Tech	$5.0B	2.5x	9.5x
Beijing Tongrentang Co	$4.9B	1.9x	11.9x
Humanwell Healthcare	$4.9B	1.4x	n/a
TG Therapeutics	$4.8B	8.0x	35.0x
Aspen Pharmacare	$4.8B	1.8x	10.4x
Protagonist Therapeutics	$4.8B	74.1x	-32.6x
PTC Therapeutics	$4.7B	2.6x	5.0x
Amicus Therapeutics	$4.7B	7.4x	43.9x
Alkermes	$4.7B	3.2x	12.3x
Scholar Rock	$4.6B	n/a	-11.6x
Lantheus Holdings	$4.6B	3.1x	8.5x
Peptron	$4.6B	n/a	n/a
Shanghai Junshi	$4.6B	12.6x	-68.5x
Hanmi Pharm	$4.5B	4.3x	19.9x
Immunovant	$4.5B	n/a	-8.9x
Laboratorios Rovi	$4.5B	5.2x	19.4x
LigaChem Biosciences	$4.5B	37.9x	-358.3x
Hypera	$4.4B	3.0x	11.2x
GSK India	$4.3B	10.2x	31.1x
Amoytop Biotech	$4.3B	8.2x	21.4x
Zhejiang Huahai	$4.2B	3.5x	13.9x
Camurus	$4.2B	15.7x	38.0x
Apogee Therapeutics	$4.2B	n/a	-14.8x
Biocytogen Pharmaceutical	$4.1B	20.6x	n/a
Crinetics Pharmaceuticals	$4.1B	831.4x	-8.5x
Prestige Consumer Healthcare	$4.0B	3.6x	10.9x
Asymchem Laboratories	$4.0B	4.2x	17.2x
Ipca Laboratories	$4.0B	3.8x	18.9x
Tianjin Pharma	$4.0B	5.6x	n/a
Shijiazhuang Yiling	$3.9B	3.1x	16.9x
Terns Pharma	$3.9B	n/a	-34.7x
Liquidia	$3.9B	26.4x	-72.7x
Corcept Therapeutics	$3.9B	4.8x	26.7x
Ajanta Pharma	$3.8B	6.9x	25.4x
Grand Pharmaceutical	$3.8B	2.4x	9.8x
CG Oncology	$3.8B	1407.4x	-19.5x
China Medical System	$3.8B	3.3x	11.3x
Dong-E-E-Jiao	$3.7B	3.9x	13.2x
Virbac	$3.7B	2.1x	10.7x
TransThera Sciences	$3.7B	n/a	n/a
Ligand Pharmaceuticals	$3.7B	14.0x	34.5x
Arcellx	$3.6B	110.8x	-14.4x
Kangmei Pharmaceutical Co.	$3.6B	n/a	n/a
Centessa Pharmaceuticals	$3.6B	n/a	n/a
Sunshine Lake Pharma Co	$3.6B	n/a	n/a
Yili Chuannig Biotech	$3.6B	5.3x	15.3x
ACADIA Pharmaceuticals	$3.4B	3.1x	29.2x
CRISPR Therapeutics	$3.3B	403.8x	-5.8x
Emcure Pharmaceuticals	$3.2B	3.4x	17.5x
J.B. Chemicals & Pharma	$3.2B	7.0x	25.5x
Lotus Pharmaceutical	$3.2B	5.2x	12.8x
Santen Pharmaceutical	$3.2B	1.7x	7.9x
Almirall	$3.2B	2.5x	11.6x
Dermapharm	$3.2B	2.3x	8.4x
Zelgen Biopharmaceuticals	$3.2B	26.8x	-491.5x
Arcutis Biotherapeutics	$3.1B	8.8x	-1631.2x
Jilin Aodong	$3.1B	n/a	n/a
Gland Pharma	$3.1B	4.6x	19.1x
BioArctic	$3.1B	15.4x	26.5x
PegBio Co	$3.1B	n/a	-119.6x
Betta Pharmaceuticals	$3.1B	5.9x	17.1x
Kiniksa Pharmaceuticals	$3.1B	4.5x	28.7x
Livzon Pharmaceutical Gr	$3.1B	1.8x	6.4x
Brightgene Bio-medical	$3.0B	n/a	n/a
NewAmsterdam Pharma Co	$3.0B	111.3x	-14.5x
Erasca	$3.0B	n/a	-21.1x
Alumis	$3.0B	122.0x	-12.4x
Travere Therapeutics	$3.0B	6.1x	341.0x
Apellis Pharmaceuticals	$2.9B	2.9x	37.8x
Buchang Pharma	$2.9B	n/a	n/a
Kalbe Farma	$2.9B	1.4x	9.2x
Alvotech	$2.9B	4.9x	21.8x
Bora Pharmaceuticals	$2.8B	4.6x	15.0x
Tasly	$2.8B	2.2x	9.4x
Voronoi	$2.8B	579.6x	-82.8x
Xenon Pharmaceuticals	$2.8B	370.5x	-7.7x
Kanghong Pharmaceutical	$2.8B	4.0x	11.6x
Piramal Pharma	$2.8B	2.8x	21.1x
Viridian Therapeutics	$2.8B	32.0x	-9.7x
Jiangsu Nhwa	$2.8B	3.1x	12.7x
Vera Therapeutics	$2.8B	n/a	-9.2x
Immunome	$2.7B	347.9x	-12.9x
Apeloa Pharmaceutical	$2.7B	1.8x	10.7x
Adaptive Biotech	$2.7B	10.2x	-1315.6x
D&D Pharmatech	$2.7B	n/a	n/a
Idorsia	$2.7B	9.8x	-32.3x
Viking Therapeutics	$2.6B	n/a	-7.8x
Denali Therapeutics	$2.6B	974.6x	-5.0x
Hybio Pharmaceutical	$2.6B	n/a	n/a
China Res Double-Crane	$2.6B	1.6x	6.7x
Edgewise Therapeutics	$2.6B	n/a	-14.0x
Telix Pharmaceuticals	$2.6B	3.1x	63.0x
Wockhardt	$2.6B	n/a	n/a
Cosmo Pharmaceuticals	$2.6B	16.6x	41.4x
Jamjoom Pharma	$2.5B	6.3x	18.8x
Supernus Pharmaceuticals	$2.5B	3.6x	19.9x
Sarepta Therapeutics	$2.5B	1.2x	-7.1x
BioKangtai	$2.5B	6.0x	22.6x
Tarsus Pharmaceuticals	$2.5B	5.7x	-39.6x
Legend Biotech	$2.5B	2.4x	-19.5x
Ab&B Bio-Tech Co	$2.5B	n/a	n/a
Inner Mongolia Furui Medical Science	$2.5B	10.9x	53.6x
Dyne Therapeutics	$2.5B	n/a	-5.6x
Spyre Therapeutics	$2.4B	n/a	-11.5x
United Laboratories International	$2.4B	1.3x	4.8x
Disc Medicine	$2.4B	n/a	-10.2x
Catalyst Pharmaceuticals	$2.4B	4.2x	8.8x
Phibro Animal Health	$2.4B	1.7x	11.4x
Eris Lifesciences	$2.4B	6.9x	19.1x
WAVE Life Sciences	$2.4B	56.3x	-11.8x
TOWA Pharmaceutical	$2.3B	1.3x	7.9x
AstraZeneca India	$2.3B	n/a	n/a
Yifan Pharmaceutical	$2.3B	2.7x	13.8x
Fagron	$2.3B	2.1x	10.2x
Zealand Pharma	$2.3B	1.5x	2.0x
IDEAYA Biosciences	$2.2B	10.3x	-14.4x
Sawai Group Holdings	$2.2B	1.7x	9.2x
Tsumura	$2.2B	1.8x	7.2x
Ascentage Pharma Group	$2.2B	29.6x	-16.5x
Ascentage Pharma	$2.2B	29.9x	-16.6x
Nanjing King-Friend	$2.2B	3.5x	13.8x
Mesoblast	$2.2B	32.2x	-69.6x
Celltrion Pharm	$2.2B	n/a	n/a
Hisamitsu Pharmaceutical	$2.2B	2.1x	n/a
ANI Pharmaceuticals	$2.1B	2.5x	9.5x
Star Lake Bioscience	$2.1B	0.9x	6.2x
InnoCare Pharma	$2.1B	7.4x	91.4x
BioCryst Pharma	$2.1B	3.4x	22.2x
Pfizer India	$2.0B	7.8x	22.5x
Sai Life Sciences	$2.0B	9.0x	34.3x
Avadel Pharmaceuticals	$2.0B	7.4x	58.8x
Collegium Pharmaceutical	$2.0B	2.6x	4.4x
Ultragenyx	$2.0B	3.1x	-3.9x
Arcus Biosciences	$2.0B	8.1x	-5.5x
Maze Therapeutics	$2.0B	n/a	-13.9x
Jubilant Pharmova	$1.9B	2.3x	13.4x
Harrow	$1.9B	7.0x	27.2x
Hubei Jumpcan	$1.9B	2.2x	6.3x
Soleno Therapeutics	$1.9B	10.5x	181.1x
Jiuzhou Pharmaceutical	$1.9B	2.3x	8.5x
Beam Therapeutics	$1.9B	51.0x	-4.0x
Mineralys Therapeutics	$1.9B	n/a	-11.1x
Faes Farma	$1.9B	2.8x	13.0x
Zhejiang Wolwo Bio-Pharma	$1.9B	12.2x	27.0x
Neuland Laboratories	$1.9B	9.8x	37.5x
Hanall Biopharma	$1.9B	17.3x	335.8x
Dianthus Therapeutics	$1.9B	820.0x	n/a
Ardelyx	$1.8B	4.6x	-435.6x
Alembic Pharmaceuticals	$1.8B	2.3x	14.5x
Vericel	$1.8B	6.7x	26.1x
Nippon Shinyaku	$1.8B	1.7x	6.8x
Eczacıbaşı	$1.8B	n/a	n/a
Olema Pharmaceuticals	$1.8B	n/a	-10.4x
MannKind	$1.8B	5.2x	n/a
Sinopep	$1.8B	6.1x	12.8x
Sionna Therapeutics	$1.7B	n/a	-19.5x
Daewoong Pharmaceutical	$1.7B	1.7x	10.3x
Aurinia Pharmaceuticals	$1.7B	6.2x	11.6x
Corvus Pharma	$1.7B	n/a	n/a
Zhejiang Jolly	$1.7B	4.0x	14.0x
InventisBio Co	$1.7B	69.6x	n/a
Stoke Therapeutics	$1.7B	8.9x	152.2x
Amphastar Pharma	$1.7B	2.3x	6.4x
Precigen	$1.7B	122.4x	-13.2x
Harmony Biosciences Hldgs	$1.7B	1.9x	6.1x
Granules India	$1.6B	3.0x	14.1x
Cheezheng Tibetan Medicine	$1.6B	n/a	n/a
Aurisco Pharmaceutical	$1.6B	6.5x	18.8x
Tango Therapeutics	$1.6B	25.0x	-14.6x
Everest Medicines	$1.6B	6.3x	268.7x
Biohaven	$1.6B	n/a	-2.3x
Yantai Dongcheng	$1.6B	n/a	n/a
Recursion Pharmaceuticals	$1.6B	25.3x	-2.4x
Ocular Therapeutix	$1.5B	28.2x	-5.8x
Chengdu Easton	$1.5B	7.6x	n/a
Zymeworks	$1.5B	12.5x	-29.3x
Nuvation Bio	$1.5B	27.7x	n/a
RAPT Therapeutics	$1.5B	n/a	-19.0x
Joincare Pharmaceutical	$1.5B	0.7x	3.9x
Kodiak Sciences	$1.5B	n/a	-6.2x
Pharma Mar	$1.5B	6.1x	33.9x
Oculis Holding	$1.4B	1424.8x	-14.4x
Bio-Thera Solutions	$1.4B	n/a	n/a
Oxford BioMedica	$1.4B	6.4x	637.1x
Caplin Point Laboratories	$1.4B	6.1x	17.5x
SSY Group	$1.4B	n/a	n/a
Pharvaris	$1.4B	n/a	-7.5x
Dynavax	$1.4B	4.1x	57.0x
Tyra Biosciences	$1.4B	n/a	-10.7x
Syndax	$1.4B	8.3x	-5.3x
Xeris Biopharma	$1.4B	4.8x	26.2x
MBX Biosciences	$1.4B	n/a	-13.9x
Certara	$1.4B	3.3x	10.2x
Jiangxi Fushine Pharma Co	$1.3B	8.1x	79.6x
BoneSupport	$1.3B	10.0x	50.6x
Youcare Pharmaceutical	$1.3B	n/a	n/a
Oscotec	$1.3B	46.2x	541.5x
HK inno.N	$1.3B	1.8x	12.6x
AtaiBeckley	$1.3B	432.3x	-12.8x
Innoviva	$1.3B	3.3x	5.6x
Upstream Bio	$1.3B	484.8x	-8.4x
Chongqing Genrix	$1.3B	35.5x	n/a
Trevi Therapeutics	$1.3B	n/a	-23.8x
Capricor Therapeutics	$1.3B	1938.9x	-12.3x
HUTCHMED	$1.3B	2.1x	-53.8x
Ironwood Pharmaceuticals	$1.3B	4.2x	8.4x
Amylyx Pharmaceuticals	$1.3B	n/a	-8.2x
Natco Pharma	$1.3B	2.8x	6.9x
Monte Rosa Therapeutics	$1.2B	9.1x	-30.5x
SPIMACO - ADDWAEIH	$1.2B	2.6x	14.2x
Nurix Therapeutics	$1.2B	14.7x	-4.7x
GuangYuYuan Chinese	$1.2B	n/a	n/a
Immunocore Holdings	$1.2B	n/a	n/a
Genomma Lab	$1.2B	1.2x	4.9x
PeptiDream	$1.2B	8.4x	138.8x
Inhibrx Biosciences	$1.2B	916.3x	n/a
AnaptysBio	$1.2B	5.8x	-43.8x
PolyPeptide	$1.2B	2.5x	24.5x
DBV Technologies	$1.2B	220.7x	-8.6x
Enliven Therapeutics	$1.2B	138940.9x	-10.1x
BioGaia	$1.2B	7.0x	24.7x
Square Pharma	$1.2B	n/a	n/a
Phathom Pharmaceuticals	$1.2B	6.6x	-8.2x
Pharming	$1.1B	3.1x	36.5x
Lepu Biopharma	$1.1B	9.2x	34.8x
Sana Biotechnology	$1.1B	n/a	-5.4x
uniQure	$1.1B	70.0x	-6.4x
Intellia Therapeutics	$1.1B	19.4x	-2.5x
Celldex Therapeutics	$1.1B	420.3x	-4.2x
China TCM	$1.1B	0.5x	4.0x
Neuren Pharma	$1.1B	23.7x	150.5x
Taysha GTx	$1.1B	181.8x	-9.1x
Evotec	$1.1B	1.2x	27.4x
Inventiva	$1.1B	112.0x	-8.9x
Zhejiang Ausun	$1.1B	8.7x	20.1x
Esperion Therapeutics	$1.1B	2.6x	39.9x
Guilin Sanjin	$1.0B	n/a	n/a
Nanobiotix	$1.0B	23.2x	-56.2x
Pacira BioSciences	$1.0B	1.4x	5.1x
Strides Pharma	$1.0B	1.9x	10.5x
Allergy Therapuetics	$1.0B	12.2x	-30.8x
Savara	$1.0B	n/a	n/a
Emergent BioSolutions	$1.0B	1.3x	5.1x
Center Laboratories	$1.0B	n/a	n/a
Omeros	$994M	n/a	n/a
Vetoquinol	$982M	1.6x	7.9x
Sanofi India	$977M	4.6x	16.8x
Kissei Pharmaceutical	$953M	1.6x	29.3x
CStone Pharmaceuticals	$952M	31.0x	-25.7x
UroGen Pharma	$940M	8.3x	-8.0x
Compass Therapeutics	$932M	n/a	-12.1x
HBM Holdings	$929M	n/a	n/a
Medincell	$917M	26.8x	-125.3x
Philogen	$915M	2.2x	2.6x
GemPharmatech	$893M	7.9x	27.0x
CytomX Therapeutics	$890M	10.7x	-82.0x
Palvella Therapeutics	$882M	n/a	-23.2x
Gen Ilac	$882M	n/a	n/a
Lumosa Therapeutics Co	$880M	1056.7x	-78.3x
EyePoint	$877M	27.6x	-3.6x
Polaris Group	$873M	n/a	n/a
Sido Muncul	$866M	3.6x	8.8x
Valneva	$863M	4.3x	-16.7x
Abclon	$863M	n/a	n/a
Marksans Pharma	$853M	n/a	n/a
Relay Therapeutics	$849M	66.5x	-2.7x
Basilea Pharmaceutica	$847M	2.9x	12.7x
Immatics	$846M	18.0x	-4.3x
ARS Pharmaceuticals	$828M	10.1x	n/a
Chong Kun Dang Pharma	$827M	0.7x	10.4x
Ventyx Biosciences	$818M	n/a	n/a
Oneness Biotech	$816M	n/a	n/a
Rapport Therapeutics	$805M	n/a	-6.8x
Annexon	$804M	n/a	-3.6x
Iovance Biotherapeutics	$800M	3.1x	-2.2x
ORIC Pharmaceuticals	$787M	n/a	-5.5x
MoonLake	$784M	n/a	-3.2x
Guizhou Sanli	$767M	3.7x	n/a
Zenas BioPharma	$767M	26.3x	-3.8x
GNI Group	$748M	4.1x	4.8x
Alkaloid	$742M	n/a	n/a
Cormedix	$733M	2.4x	4.1x
Zentiva	$727M	n/a	n/a
Agios Pharmaceuticals	$720M	15.7x	-1.5x
Theravance	$720M	5.7x	n/a
Hyundai Bioscience	$717M	n/a	n/a
Schrödinger	$707M	2.8x	-4.7x
Geron	$705M	3.8x	-10.0x
Nxera Pharma	$705M	3.1x	23.1x
MeiraGTx	$703M	28.6x	-11.1x
PharmaNutra	$703M	4.5x	17.7x
Clarity Pharmaceuticals	$701M	123.7x	-14.0x
AbCellera	$700M	19.4x	-3.0x
GH Research	$700M	n/a	-12.0x
Arbutus Biopharma	$698M	51.2x	n/a
Day One Biopharmaceutical	$696M	4.7x	-5.7x
Septerna	$693M	17.8x	-11.1x
Vir Biotechnology	$666M	32.1x	-1.3x
SELLAS Life Sciences	$665M	n/a	n/a
Kaken Pharmaceutical	$662M	1.2x	10.3x
KalVista Pharmaceuticals	$656M	30.0x	n/a
Boan Biotech	$654M	n/a	n/a
Bicara Therapeutics	$644M	n/a	-4.3x
Gossamer Bio	$643M	15.2x	-4.0x
Middle East Pharma	$640M	n/a	n/a
ArriVent BioPharma	$634M	n/a	-4.1x
TTY Biopharm	$629M	3.1x	n/a
Organogenesis	$621M	1.2x	10.6x
Nektar Therapeutics	$613M	14.2x	-4.1x
Swedencare	$596M	2.0x	9.8x
Prime Medicine	$594M	104.3x	-3.1x
Rigel Pharmaceuticals	$580M	2.0x	4.7x
Akums	$578M	1.3x	10.8x
TYK Medicines	$574M	n/a	-18.2x
Renata	$569M	n/a	n/a
Pyridam Farma	$561M	n/a	n/a
Boiron	$559M	0.9x	6.1x
MapLight Therapeutics	$555M	n/a	-3.4x
Bioage Labs	$553M	78.3x	-6.2x
TchaikaPharma	$551M	n/a	n/a
Scinopharm Taiwan	$540M	5.3x	n/a
PYC Therapeutics	$539M	33.9x	-10.4x
Opthea	$536M	20398.2x	n/a
Synmosa Biopharma	$530M	n/a	n/a
Newron Pharmaceuticals	$526M	25.4x	-19.3x
enGene	$505M	n/a	-4.0x
Fulcrum Therapeutics	$498M	n/a	-6.1x
Tempo Scan Pacific	$495M	n/a	n/a
Ocugen	$495M	88.3x	n/a
Hansa Biopharma	$490M	21.0x	-9.3x
Altimmune	$490M	78423.3x	-5.4x
Grape King Bio	$476M	n/a	n/a
Lexicon Pharmaceuticals	$475M	10.0x	-7.8x
BGM Group	$469M	n/a	n/a
GlaxoSmithKline Pakistan	$467M	n/a	n/a
Formycon	$457M	7.1x	-20.3x
Xencor	$454M	3.5x	-2.8x
TaiMed Biologics	$451M	n/a	n/a
Cullinan Therapeutics	$448M	73.3x	-2.0x
Invivyd	$446M	8.9x	-8.0x
Armata Pharmaceuticals	$445M	97.8x	-14.3x
YungShin Global Holdings	$438M	n/a	n/a
Lexeo Therapeutics	$435M	n/a	-4.0x
Blau Farmacêutica	$429M	1.3x	4.7x
Verastem	$426M	14.1x	n/a
Elite Pharmaceuticals	$425M	n/a	n/a
Perspective Therapeutics	$422M	395.0x	-4.1x
Knight Therapeutics	$419M	1.3x	9.2x
XOMA Royalty	$418M	8.4x	27.4x
Replimune Group	$417M	331.8x	-1.3x
Evolus	$416M	1.4x	-19.7x
Antibiotice	$413M	2.1x	9.0x
Aquestive Therapeutics	$413M	9.2x	-8.5x
Kamada	$409M	2.2x	9.2x
Eton Pharmaceuticals	$407M	5.1x	24.3x
Nika Pharmaceuticals	$403M	n/a	n/a
Senores Pharmaceuticals	$398M	6.3x	24.4x
Alto Neuroscience	$392M	n/a	-5.5x
Duopharma Biotech	$388M	1.7x	8.5x
Design Therapeutics	$386M	n/a	n/a
Greenwich LifeSciences	$384M	n/a	n/a
Zevra Therapeutics	$379M	3.8x	-5.9x
Contineum Therapeutics	$379M	75.9x	-5.5x
Abbott Laboratories (Pakistan)	$379M	n/a	n/a
DiaMedica	$371M	n/a	-10.3x
Julphar	$370M	1.3x	10.5x
Lineage Cell Therapeutics	$368M	37.1x	-10.2x
ADC Therapeutics	$366M	4.8x	n/a
Vor Biopharma	$365M	n/a	-1.0x
Adlai Nortye	$354M	n/a	-9.5x
Regenxbio	$352M	1.8x	-3.3x
Celon Pharma	$350M	5.3x	123.6x
Eupraxia Pharmaceuticals	$348M	n/a	-13.3x
Heron Therapeutics	$344M	2.2x	n/a
Benitec Biopharma	$339M	n/a	n/a
Procaps Group	$334M	n/a	n/a
Saniona	$333M	155.9x	9.2x
Kyverna Therapeutics	$331M	n/a	-1.9x
CytoDyn	$330M	n/a	n/a
SIGA Technologies	$327M	3.4x	11.2x
Laboratorio Reig Jofre	$326M	0.8x	9.5x
Galectin Therapeutics	$322M	n/a	-14.2x
Immix Biopharma	$321M	n/a	-12.5x
Absci	$320M	87.3x	-3.0x
NervGen Pharma	$319M	n/a	n/a
Immutep	$318M	30.4x	-7.1x
Lavipharm	$310M	n/a	n/a
Ourofino	$309M	n/a	n/a
Avacta Group	$306M	139.7x	-9.4x
Transgene	$306M	27.9x	-7.8x
X4 Pharmaceuticals	$304M	8.9x	n/a
Puma Biotechnology	$304M	1.4x	n/a
Monopar Therapeutics	$302M	n/a	n/a
Solid Biosciences	$296M	n/a	-1.7x
Cellectis	$292M	3.8x	-6.3x
Anavex Life Sciences	$290M	5.2x	n/a
Searle Co.	$288M	n/a	n/a
Journey Medical	$286M	4.4x	99.1x
LENZ Therapeutics	$284M	14.9x	-3.6x
Animalcare Group	$284M	2.3x	11.7x
Oryzon Genomics	$279M	n/a	-32.5x
Faron Pharmaceuticals	$276M	n/a	-9.9x
Simulations Plus	$275M	3.5x	12.3x
Zura Bio	$273M	n/a	n/a
Racura Oncology	$272M	151.4x	-64.1x
Lyell Immunopharma	$270M	12009.1x	-1.6x
Karyopharm Therapeutics	$270M	1.8x	n/a
Aldeyra Therapeutics	$266M	n/a	n/a
Climb Bio	$266M	n/a	-4.3x
Relmada Therapeutics	$264M	n/a	n/a
Enanta Pharmaceuticals	$262M	4.0x	-3.3x
Akebia Therapeutics	$260M	1.1x	n/a
EQL Pharma	$256M	5.5x	27.1x
Vicore Pharma Holding	$255M	1104.9x	-5.5x
Diamyd Medical	$255M	29.2x	-25.8x
Santhera Pharma	$254M	2.8x	-11.7x
Fennec Pharmaceuticals	$251M	5.5x	43.9x
Cereno Scientific	$250M	n/a	-35.8x
Flerie	$249M	n/a	n/a
Candel Therapeutics	$246M	n/a	-5.4x
Enlivex Therapeutics	$238M	n/a	n/a
AFT Pharmaceuticals	$237M	1.6x	15.2x
Hyloris Pharmaceuticals	$236M	18.9x	-20.8x
Clinuvel Pharmaceuticals	$234M	3.4x	7.4x
Aura Biosciences	$233M	n/a	n/a
Protara Therapeutics	$233M	n/a	n/a
Egetis Therapeutics	$228M	31.0x	-6.9x
iAnthus Capital	$227M	n/a	n/a
Genfit	$226M	2.7x	107.2x
PepGen	$222M	n/a	-2.4x
Assembly Biosciences	$217M	5.8x	-5.2x
Allogene Therapeutics	$216M	118783.7x	-1.0x
OmniAb	$215M	11.2x	-5.1x
Biofarm	$206M	n/a	n/a
Scancell	$205M	71.3x	-10.6x
AC Immune	$203M	6.1x	n/a
Voyager Therapeutics	$203M	5.7x	-1.6x
4D Molecular Therapeutics	$202M	6.0x	-1.0x
Dogwood Therapeutics	$197M	n/a	n/a
Neumora Therapeutics	$194M	n/a	-0.8x
Vanda Pharmaceuticals	$193M	0.9x	n/a
ALX Oncology	$192M	n/a	n/a
Sangamo Therapeutics	$187M	2.9x	-4.2x
Kura Oncology	$186M	1.5x	-0.8x
Achieve Life Sciences	$185M	n/a	n/a
Avalo Therapeutics	$184M	n/a	n/a
Nuvectis Pharma	$182M	n/a	-6.5x
MediWound	$182M	7.9x	-9.0x
Seres Therapeutics	$177M	706.8x	n/a
Rocket Pharmaceuticals	$177M	n/a	-0.8x
Tiziana Life Sciences	$177M	n/a	n/a
Entrada Therapeutics	$175M	5.4x	-1.2x
Foghorn Therapeutics	$175M	5.6x	-2.4x
Shield Therapeutics	$175M	3.3x	-19.1x
Dimerix	$166M	19.8x	-15.6x
Sol-Gel Technologies	$164M	6.5x	n/a
Adocia	$162M	5.2x	7.8x
Shattuck Labs	$162M	135.0x	-3.4x
Abionyx Pharma	$162M	30.0x	-13.8x
Tectonic Therapeutic	$161M	n/a	n/a
PhotoCure	$160M	2.8x	23.2x
Orexo	$159M	2.8x	710.0x
Aardvark Therapeutics	$156M	n/a	-2.6x
Tenaya Therapeutics	$154M	n/a	-1.8x
Medeze Group	$154M	5.7x	16.9x
Prothena Corp.	$151M	13.9x	n/a
Context Therapeutics	$149M	n/a	n/a
PureTech Health	$147M	n/a	-1.0x
Agenus	$147M	1.1x	n/a
Ryvu Therapeutics	$146M	6.4x	-5.7x
Cantargia	$146M	6.6x	65.7x
Milestone Pharmaceuticals	$143M	n/a	n/a
BioInvent International	$142M	5.4x	-3.9x
Rezolute	$141M	n/a	n/a
Sensorion	$140M	8.1x	-4.7x
Alpha Teknova	$138M	3.4x	-17.8x
Kotra Industries	$137M	2.2x	8.0x
Opus Genetics	$136M	10.1x	n/a
Elicio Therapeutics	$135M	n/a	n/a
Rani Therapeutics	$134M	25.9x	n/a
Verrica Pharmaceuticals	$133M	3.8x	n/a
Innate Pharma	$133M	7.8x	-2.3x
Heidelberg Pharma	$131M	13.2x	-4.0x
Turk İlaç	$131M	n/a	n/a
Bioceltix	$130M	n/a	-35.4x
Vivani Medical	$129M	n/a	n/a
Easywell Biomedicals	$129M	n/a	n/a
OSE Immunotherapeutics	$128M	2.6x	-43.2x
AB Science	$127M	107.3x	n/a
Silence Therapeutics	$125M	n/a	n/a
Surrozen	$124M	n/a	n/a
Naturland Holding	$120M	n/a	n/a
Botanix Pharmaceuticals	$120M	7.0x	-2.9x
Recce Pharmaceuticals	$120M	29.2x	-8.4x
SynAct Pharma	$119M	n/a	-9.0x
Actuate Therapeutics	$119M	n/a	n/a
Camp4 Therapeutics	$119M	32.7x	-2.2x
Coherus Oncology	$117M	2.7x	-0.7x
Cabaletta Bio	$116M	n/a	-0.7x
Larimar Therapeutics	$116M	n/a	-0.8x
Scilex Holding	$115M	3.1x	n/a
MariMed	$115M	0.7x	6.5x
Captor Therapeutics	$113M	65.5x	-9.4x
Turn Therapeutics	$113M	n/a	n/a
Starpharma	$113M	15.7x	-30.4x
XSpray Pharma	$112M	8.0x	-8.0x
Anika Therapeutics	$111M	1.0x	68.4x
Bioton	$108M	1.5x	9.1x
BioXcel Therapeutics	$107M	179.1x	-1.9x
Hamlet BioPharma	$107M	n/a	n/a
SAB Bio	$107M	n/a	n/a
Synthaverse	$107M	8.8x	158.1x
Valerio Therapeutics	$106M	n/a	n/a
Prelude Therapeutics	$106M	6.1x	n/a
Unicycive	$106M	n/a	n/a
Cardiol Therapeutics	$105M	n/a	-4.3x
Curatis Holding	$105M	6.8x	n/a
Acepodia	$103M	n/a	n/a
Abeona Therapeutics	$103M	17.8x	n/a
Genelux	$103M	n/a	n/a
Celularity	$102M	n/a	n/a
Ovid Therapeutics	$99.3M	15.1x	n/a
Arvinas	$97.1M	0.3x	-1.4x
Sagimet Biosciences	$96.8M	n/a	-1.6x
Vistin Pharma	$96.6M	n/a	n/a
Connect Biopharma	$95.8M	1246.1x	n/a
Citius Oncology	$95.2M	6.0x	n/a
4basebio	$95.1M	38.7x	-4.2x
Immuneering	$93.4M	n/a	n/a
Intercure	$92.5M	n/a	n/a
ArcticZymes	$90.2M	7.9x	117.6x
Actinogen Medical	$89.9M	41.9x	-7.3x
Vytrus Biotech	$89.6M	8.9x	19.3x
Replek	$87.8M	n/a	n/a
Anixa Biosciences	$86.5M	n/a	n/a
Compugen	$86.4M	11.9x	n/a
Darya-Varia Laboratoria	$86.3M	n/a	n/a
BioStem Technologies	$85.2M	n/a	n/a
Eledon Pharmaceuticals	$83.3M	n/a	n/a
Eco Animal Health Group	$83.1M	0.7x	8.0x
Paradigm Biopharma	$82.5M	34.0x	-3.8x
Oncopeptides	$81.5M	8.8x	-3.5x
OKYO Pharma	$80.5M	n/a	n/a
Adagene	$78.8M	15.8x	n/a
Fortress Biotech	$78.0M	1.1x	n/a
Precision BioSciences	$77.5M	8.5x	-1.0x
Inovio Pharmaceuticals	$75.3M	852.7x	n/a
Spero Therapeutics	$75.3M	n/a	n/a
Labiana Health	$75.1M	0.9x	5.3x
Coya Therapeutics	$73.6M	12.4x	n/a
Century Therapeutics	$73.0M	0.7x	n/a
Tevogen Bio	$71.9M	n/a	n/a
Korro Bio	$71.8M	13.0x	n/a
Arovella Therapeutics	$68.4M	729.7x	n/a
Autolus Therapeutics	$67.0M	0.9x	-0.3x
Nanexa	$66.7M	n/a	n/a
C4 Therapeutics	$64.9M	2.1x	n/a
PolyPid	$64.4M	n/a	n/a
vTv Therapeutics	$64.2M	n/a	n/a
NRX Pharmaceuticals	$63.6M	5.4x	-4.6x
Lytix Biopharma	$63.6M	n/a	-10.2x
Magle Chemoswed Holding	$62.8M	n/a	n/a
ImmuCell	$62.5M	n/a	n/a
Dicot Pharma	$62.3M	n/a	n/a
Herantis Pharma	$61.9M	5233.0x	-9.5x
Gain Therapeutics	$61.6M	n/a	n/a
Cessatech	$60.9M	n/a	n/a
StemRIM	$60.3M	n/a	-4.9x
Acumen Pharmaceuticals	$60.2M	n/a	-0.5x
Cognition Therapeutics	$59.9M	n/a	n/a
ProQR Therapeutics	$59.8M	3.3x	-1.1x
Equillium	$59.6M	n/a	n/a
Nicox	$55.9M	2.9x	n/a
Editas Medicine	$55.1M	2.3x	-0.3x
Arcturus Therapeutics	$53.9M	0.6x	-0.9x
Instil Bio	$53.7M	n/a	n/a
Outlook Therapeutics	$53.7M	7.2x	n/a
Annovis Bio	$53.6M	n/a	-1.9x
Cardiff Oncology	$53.6M	116.2x	n/a
Fractyl Health	$53.5M	n/a	-0.6x
IBT	$52.7M	n/a	n/a
Vitrafy	$52.5M	58.9x	-4.9x
Genoway	$52.0M	n/a	n/a
Marinomed Biotech	$51.2M	5.0x	2.2x
Nutriband	$50.3M	18.7x	n/a
BeyondSpring	$49.9M	n/a	n/a
Pluri	$49.8M	n/a	n/a
Enzymatica	$49.8M	n/a	n/a
Cartesian Therapeutics	$49.4M	25.1x	n/a
Prescient Therapeutics	$49.3M	n/a	n/a
Vicapsys	$49.0M	n/a	n/a
MediciNova	$48.2M	n/a	n/a
Entera Bio	$48.0M	1143.8x	n/a
Zhengye Biotechnology	$47.0M	n/a	n/a
Corline Biomedical	$46.4M	31.5x	-56.9x
Vivoryon Therapeutics	$46.2M	n/a	-3.6x
Mira Pharmaceuticals	$46.1M	n/a	n/a
Pentixapharm Holding	$45.2M	n/a	n/a
Immunic	$44.5M	n/a	n/a
LTR Pharma	$44.5M	n/a	n/a
MiNK Therapeutics	$44.1M	n/a	n/a
Poxel	$43.7M	n/a	n/a
Estrella Immunopharma	$42.6M	n/a	n/a
Telomir Pharmaceuticals	$40.3M	n/a	n/a
Corbus Pharmaceuticals	$40.2M	24.1x	n/a
Atara Biotherapeutics	$39.6M	0.3x	1.1x
Iterum Therapeutics	$39.5M	44.1x	-1.6x
THX Pharma	$39.0M	n/a	n/a
Neurizon Therapeutics	$38.4M	n/a	n/a
Biomea Fusion	$38.4M	n/a	-0.4x
Molecure	$38.3M	40.9x	-7.5x
Lipum	$37.1M	n/a	-5.5x
Gensight Biologics	$36.9M	9.2x	-1.2x
Mabion	$36.8M	n/a	n/a
Pyxis Oncology	$36.2M	12.8x	n/a
Grace Therapeutics	$35.0M	n/a	-2.5x
Galecto	$34.8M	n/a	n/a
CASI Pharmaceuticals	$34.5M	2.6x	n/a
Klaria Pharma Holding	$34.3M	n/a	n/a
Biosenic	$34.1M	n/a	n/a
PDS Biotechnology	$34.1M	n/a	-1.0x
Amarin Corp	$32.6M	0.1x	-0.7x
Molecular Partners	$31.9M	14.2x	-0.4x
Mendus	$31.9M	47.5x	-3.0x
Lipocine	$31.8M	33.6x	n/a
Ascelia Pharma	$31.4M	8.4x	-7.6x
Bio-Works Technologies	$30.7M	n/a	n/a
Cinclus Pharma Holding	$30.5M	3.8x	-1.4x
Intervacc	$29.7M	10.6x	-5.4x
Poltreg	$29.4M	521.9x	-4.9x
Anebulo Pharmaceuticals	$29.0M	n/a	n/a
Black Diamond Therapeutics	$27.7M	0.4x	1.5x
RenovoRx	$27.0M	22.1x	n/a
NeuroSense Therapeutics	$27.0M	n/a	n/a
Incannex	$26.7M	266.8x	-0.7x
Amplia Therapeutics	$26.1M	n/a	-5.7x
Veru	$25.9M	n/a	n/a
Elicera Therapeutics	$25.1M	n/a	-13.7x
Caribou Biosciences	$24.5M	2.6x	-0.2x
Karolinska Development	$24.4M	n/a	n/a
Reviva Pharmaceuticals	$23.8M	n/a	n/a
Moberg Pharma	$23.5M	16.9x	-8.1x
Urteste	$23.3M	n/a	n/a
Evaxion	$23.1M	3.1x	n/a
Assertio Therapeutics	$22.8M	0.2x	1.4x
Pharma Equity Group	$22.4M	n/a	n/a
Xintela	$22.3M	107.1x	-4.7x
Arterra Bioscience	$22.2M	3.1x	8.8x
Biotechnology Assets	$22.0M	n/a	n/a
Kala Bio	$21.9M	n/a	n/a
DexTech Medical	$21.6M	n/a	n/a
ProKidney	$21.3M	41.3x	-0.1x
Lantern Pharma	$21.2M	n/a	n/a
Nanogroup	$21.1M	n/a	n/a
FibroBiologics	$20.7M	n/a	n/a
Read-Gene	$20.5M	n/a	n/a
Q32 Bio	$20.2M	n/a	n/a
Biogened	$19.9M	n/a	n/a
AlzeCure Pharma	$19.3M	n/a	-4.2x
Aelis Farma	$18.8M	4.8x	-2.6x
ProMIS Neurosciences	$18.7M	n/a	-0.8x
AcuCort	$18.6M	238.0x	-8.0x
Lisata Therapeutics	$18.5M	n/a	-0.7x
Initiator Pharma	$18.2M	n/a	-6.6x
Sprint Bioscience	$17.9M	7.9x	1.8x
Radiopharm Theranostics	$17.4M	10.7x	n/a
Cue Biopharma	$17.3M	2.4x	n/a
Quantum BioPharma	$17.2M	n/a	n/a
Circio Holding	$17.1M	n/a	-4.0x
Argenica Therapeutics	$17.1M	1.6x	3.2x
Medivir	$16.7M	37.3x	-2.5x
Rein Therapeutics	$16.4M	n/a	n/a
Neurogene	$16.3M	n/a	n/a
aTyr Pharma	$16.3M	117.5x	-0.2x
Pure Biologics	$15.6M	n/a	n/a
Plant Advanced	$15.3M	n/a	n/a
Citius Pharmaceuticals	$15.1M	0.8x	n/a
Intensity Therapeutics	$14.9M	n/a	n/a
GeNeuro	$14.7M	n/a	n/a
INmune Bio	$14.6M	218.3x	n/a
Arctic Bioscience	$14.5M	2.5x	-5.4x
NextCure	$14.4M	n/a	n/a
Xbrane Biopharma	$13.7M	0.9x	-8.0x
Glycorex Transplantation	$13.7M	n/a	n/a
Aqua Bio Technology	$13.4M	n/a	n/a
Oxurion	$13.3M	n/a	n/a
Marker Therapeutics	$13.3M	4.3x	-0.9x
Biofrontera	$13.1M	n/a	n/a
SoftOx Solutions	$13.0M	n/a	n/a
Oncoinvent	$13.0M	n/a	n/a
Tempest Therapeutics	$12.8M	n/a	n/a
NextCell Pharma	$12.5M	9.1x	-3.2x
Scandinavian ChemoTech	$12.4M	8.1x	-36.0x
Abera Bioscience	$12.2M	n/a	n/a
Enorama Pharma	$11.9M	n/a	n/a
Genenta Science	$11.1M	n/a	n/a
Aton	$10.9M	n/a	n/a
Coegin Pharm	$10.8M	n/a	n/a
BioAtla	$10.3M	n/a	n/a
Biophytis	$10.0M	5.6x	-0.8x
Active Biotech	$9.5M	n/a	-2.4x
Stenocare	$9.5M	9.2x	-37.6x
HCW Biologics	$9.4M	346.3x	n/a
Opsy Holding	$9.3M	n/a	n/a
Celyad Oncology	$9.0M	n/a	n/a
Medicofarma Biotech	$8.8M	n/a	n/a
Biosergen	$8.6M	n/a	n/a
Spago Nanomedical	$8.3M	74.1x	-2.6x
IRLAB Therapeutics	$8.1M	1.3x	-0.8x
InflaRx	$8.1M	105.9x	-0.1x
TME Pharma	$8.0M	n/a	n/a
Akari Therapeutics	$8.0M	n/a	n/a
IO Biotech	$8.0M	n/a	-0.1x
ODI Pharma	$7.7M	n/a	n/a
OncoZenge	$7.6M	n/a	n/a
Alzinova	$7.3M	n/a	-2.3x
Passage Bio	$7.2M	n/a	n/a
Annexin Pharmaceuticals	$7.2M	n/a	-1.4x
Chosa Oncology	$7.0M	n/a	n/a
Addex Therapeutics	$6.7M	n/a	n/a
Exact Therapeutics	$6.4M	n/a	n/a
PEPTONIC medical	$6.3M	n/a	n/a
Vivesto	$6.0M	n/a	-1.7x
Futura Medical	$5.5M	n/a	n/a
Applied Therapeutics	$5.4M	5.4x	n/a
2cureX	$5.4M	n/a	n/a
Simris Alg	$5.1M	n/a	n/a
JFL Life Sciences	$5.1M	n/a	n/a
Isofol Medical	$4.8M	n/a	n/a
Dare Bioscience	$4.6M	6.1x	n/a
Nanologica	$4.6M	1.3x	-1.7x
AcouSort	$4.5M	6.7x	-3.7x
Curis	$4.3M	0.4x	-0.1x
Pila Pharma	$3.8M	n/a	n/a
Werewolf Therapeutics	$3.7M	n/a	-0.1x
CalciMedica	$3.5M	n/a	n/a
Longeveron	$3.4M	3.4x	n/a
Geovax Labs	$3.1M	1.3x	n/a
Biovica International	$3.1M	2.4x	-0.4x
Bolt Biotherapeutics	$3.0M	0.5x	n/a
Genxone	$2.9M	n/a	n/a
Newbury Pharmaceuticals	$2.6M	n/a	n/a
Double Bond	$2.6M	n/a	n/a
Cannabis Poland	$2.4M	n/a	n/a
Modus Therapeutics	$2.4M	n/a	n/a
Hemp & Health	$2.4M	n/a	n/a
PharmaLundensis	$2.1M	n/a	n/a
Oramed Pharmaceuticals	$2.1M	n/a	n/a
NanoEcho	$2.1M	n/a	n/a
Strategic Partners	$1.8M	n/a	n/a
Cellectar Biosciences	$1.7M	n/a	n/a
ExpreS2ion Biotech Hldg	$1.6M	n/a	n/a
Aptahem	$1.6M	n/a	n/a
Stayble Therapeutics	$1.4M	n/a	-1.7x
Respiratorius	$1.3M	n/a	n/a
Macrogenics	$1.3M	0.0x	n/a
Nidhogg Resources Holding	$1.0M	n/a	n/a
Gabather	$0.8M	n/a	-1.5x
Chemomab Therapeutics	-$0.1M	n/a	n/a
Quince Therapeutics	-$0.2M	n/a	n/a
Neovacs	-$0.2M	n/a	n/a
BioLineRx	-$0.3M	-0.2x	n/a
Acurx Pharmaceuticals	-$0.6M	n/a	0.1x
PCI Biotech Holding	-$0.6M	n/a	n/a
Lidds	-$0.9M	n/a	n/a
Lipigon Pharmaceuticals	-$1.1M	n/a	0.3x
Fluicell	-$1.1M	n/a	n/a
Fate Therapeutics	-$2.9M	-0.5x	0.0x
SCYNEXIS	-$3.7M	-0.4x	n/a
Guard Therapeutics Intl	-$3.8M	n/a	n/a
Atossa Therapeutics	-$4.2M	n/a	n/a
Skye Bioscience	-$6.1M	n/a	n/a
NUTEX	-$7.1M	n/a	n/a
MetaVia	-$7.9M	n/a	n/a
Atea Pharmaceuticals	-$8.7M	n/a	0.1x
Jasper Therapeutics	-$8.9M	n/a	n/a
Artiva Biotherapeutics	-$9.7M	n/a	n/a
Adicet Bio	-$13.7M	-4.8x	n/a
China SXT Pharmaceuticals	-$14.4M	n/a	n/a
VYNE Therapeutics	-$20.2M	-33.6x	0.5x
Sutro Biopharma	-$24.5M	-0.2x	0.2x
Generation Bio	-$25.1M	-2.2x	n/a
Cassava Sciences	-$25.7M	n/a	n/a
Whitehawk Therapeutics	-$26.9M	-3.8x	n/a
TScan Therapeutics	-$31.5M	-3.0x	0.2x
AN2 Therapeutics	-$32.2M	n/a	n/a
Barinthus Biotherapeutics	-$32.3M	n/a	n/a
Rallybio	-$32.7M	-45.5x	n/a
Kezar Life Sciences	-$35.7M	n/a	n/a
OnKure Therapeutics	-$37.1M	n/a	n/a
Alector	-$42.6M	-2.5x	0.3x
Boundless Bio	-$43.6M	n/a	0.7x
Aligos Therapeutics	-$46.8M	-18.3x	0.5x
Nkarta	-$48.4M	n/a	n/a
Vistagen Therapeutics	-$53.6M	-68.2x	n/a
Xilio Therapeutics	-$59.1M	n/a	n/a
Zentalis Pharma	-$61.4M	n/a	0.4x
Acrivon Therapeutics	-$69.5M	-417.7x	n/a
PMV Pharma	-$70.9M	n/a	n/a
Metagenomi Therapeutics	-$86.7M	-3.0x	0.9x
XBiotech	-$89.0M	n/a	n/a
Pliant Therapeutics	-$108M	n/a	0.7x
Keros Therapeutics	-$113M	-0.5x	-1.6x
Janux Therapeutics	-$136M	-14.4x	0.8x
Bicycle Therapeutics	-$192M	n/a	n/a
Galapagos	-$1.3B	-4.3x	4.3x
Shionogi	-$18.3B	-5.9x	-14.7x