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/Revenue	EV/EBITDA
Eli Lilly	$684B	13.4x	34.1x
AbbVie	$393B	6.8x	15.1x
Johnson & Johnson	$383B	4.3x	11.8x
Novo Nordisk	$315B	6.8x	13.8x
Roche	$274B	3.7x	9.4x
Novartis	$244B	4.5x	11.0x
AstraZeneca	$242B	4.2x	12.2x
Merck & Co	$217B	3.4x	7.9x
Amgen	$201B	5.9x	10.5x
Pfizer	$177B	2.8x	7.3x
Gilead Sciences	$155B	5.4x	12.6x
Sanofi	$142B	2.8x	9.5x
Bristol-Myers Squibb	$137B	2.9x	12.1x
Vertex Pharmaceuticals	$110B	9.7x	40.4x
GSK	$97.5B	2.3x	6.6x
Zoetis	$79.4B	8.5x	19.8x
Chugai Pharmaceutical	$79.3B	9.7x	19.6x
Takeda Pharmaceuticals	$73.8B	2.3x	9.0x
Merck KGaA	$64.3B	2.7x	9.4x
Bayer	$63.9B	1.2x	5.8x
Haleon	$60.8B	4.0x	16.0x
Regeneron Pharmaceuticals	$59.7B	4.3x	11.8x
Jiangsu Hengrui	$46.2B	11.4x	44.8x
Daiichi Sankyo	$45.5B	3.5x	17.0x
Sun Pharma	$44.9B	7.2x	25.3x
Fresenius	$39.4B	1.6x	9.7x
Alnylam Pharmaceuticals	$36.9B	14.7x	223.2x
Teva Pharmaceuticals	$35.7B	2.1x	7.2x
Galderma Group	$32.2B	6.8x	29.3x
argenx	$31.6B	10.8x	89.2x
BeiGene	$26.6B	6.2x	-185.3x
Sandoz	$24.5B	2.2x	11.0x
Viatris	$23.8B	1.7x	5.4x
Otsuka Holdings	$23.7B	1.5x	6.4x
Biogen	$23.5B	2.5x	7.3x
Bausch Health	$22.0B	2.2x	6.4x
Astellas Pharma	$21.6B	1.6x	8.5x
Divi's Laboratories	$20.2B	17.9x	55.8x
Summit Therapeutics	$19.1B	n/a	-73.4x
Zhangzhou Pientzehuang	$17.1B	11.0x	33.3x
Grifols	$16.8B	2.0x	8.2x
Hansoh Pharma	$16.5B	9.4x	25.2x
Sichuan Biokin	$15.8B	26.3x	52.8x
Recordati	$14.3B	5.1x	13.9x
Torrent Pharma	$12.8B	9.3x	28.6x
Cipla	$12.7B	3.9x	15.2x
Mankind Pharma	$12.6B	8.5x	33.8x
Insmed	$12.5B	30.9x	-13.8x
Innovent Biologics	$12.3B	8.6x	280.9x
Dr. Reddy's Laboratories	$12.0B	3.1x	11.6x
Sobi	$11.7B	4.2x	11.6x
Neurocrine Biosciences	$11.7B	4.7x	18.7x
United Therapeutics	$11.3B	3.7x	7.1x
Fosun Pharma	$10.9B	1.9x	11.3x
Organon	$10.9B	1.7x	5.6x
Exelixis	$10.8B	4.8x	14.5x
Lupin	$10.6B	3.9x	16.6x
Elanco	$10.6B	2.4x	12.0x
Biomarin Pharmaceutical	$10.6B	3.6x	14.4x
Incyte	$10.4B	2.3x	18.7x
Huadong Medicine	$10.4B	1.7x	13.7x
Zydus Lifesciences	$10.3B	3.7x	12.7x
CSPC Pharma Group	$10.0B	2.5x	10.1x
Ascendis Pharma	$9.9B	n/a	n/a
Genmab	$9.7B	2.9x	8.3x
Shionogi	$9.7B	3.2x	7.8x
Regencell Bioscience	$9.6B	n/a	n/a
Jazz Pharmaceuticals	$9.5B	2.3x	6.6x
Akeso	$9.5B	25.0x	-761.5x
Sino Biopharmaceutical	$9.4B	2.3x	9.9x
Ipsen	$9.3B	2.3x	6.5x
Orion	$9.2B	5.2x	15.6x
Kelun-Biotech	$8.5B	31.8x	-249.7x
BioNTech	$8.4B	3.1x	-6.2x
Kelun	$8.2B	2.7x	11.6x
Aurobindo Pharma	$8.0B	2.1x	10.1x
Corcept Therapeutics	$7.9B	10.3x	n/a
BridgeBio Pharma	$7.7B	26.2x	-15.1x
CR Pharmaceutical	$7.5B	0.2x	3.5x
Halozyme Therapeutics	$7.5B	6.8x	10.6x
Hikma Pharmaceuticals	$7.4B	2.2x	8.6x
Eisai Co.	$7.3B	1.3x	11.1x
Haisco Pharmaceutical	$7.2B	12.6x	73.8x
Abbott India	$7.2B	9.5x	35.4x
Lundbeck	$7.1B	n/a	n/a
Alkem Laboratories	$7.0B	4.5x	22.9x
Perrigo	$6.9B	1.6x	9.3x
China Resources Sanjiu	$6.8B	1.7x	9.0x
Salubris Pharmaceuticals	$6.8B	11.6x	38.6x
Kyowa Kirin	$6.6B	2.0x	8.5x
Blueprint Medicines	$6.5B	11.0x	-53.1x
Beijing Tongrentang Co	$6.2B	2.3x	14.1x
GSK India	$6.2B	13.9x	44.3x
Humanwell Healthcare	$5.7B	1.6x	9.5x
Yuhan	$5.7B	3.7x	57.1x
Krka	$5.7B	2.6x	9.6x
TG Therapeutics	$5.5B	12.8x	55.9x
Shanghai Allist	$5.5B	9.8x	22.7x
Telix Pharmaceuticals	$5.4B	8.5x	58.9x
Changchun High-Tech	$5.3B	2.8x	11.1x
Revolution Medicines	$5.3B	2264.4x	-6.6x
Madrigal Pharmaceuticals	$5.3B	13.8x	-11.7x
Moderna	$5.2B	1.9x	-1.4x
Prestige Consumer Healthcare	$5.1B	4.5x	13.6x
SK Biopharmaceuticals	$5.1B	11.6x	52.3x
Siegfried	$5.1B	3.2x	14.4x
Axsome Therapeutics	$5.1B	10.6x	-27.2x
Lantheus Holdings	$4.9B	3.2x	7.2x
PharmaEssentia	$4.8B	11.9x	38.5x
Amneal Pharmaceuticals	$4.8B	1.7x	7.5x
Gedeon Richter	$4.8B	1.9x	5.2x
Glenmark Pharma	$4.7B	3.0x	16.5x
Legend Biotech	$4.7B	5.9x	-28.0x
Sarepta Therapeutics	$4.6B	2.1x	14.9x
Aspen Pharmacare	$4.6B	1.9x	8.3x
Ionis Pharmaceuticals	$4.6B	6.4x	-10.0x
Alvotech	$4.6B	8.2x	28.9x
Ono Pharmaceutical	$4.5B	1.4x	5.8x
Amoytop Biotech	$4.5B	10.0x	26.6x
Ipca Laboratories	$4.4B	4.1x	21.6x
Zhejiang Huahai	$4.4B	3.3x	58.0x
Nuvalent	$4.3B	n/a	-14.0x
Gan & Lee Pharmaceuticals	$4.3B	8.6x	33.8x
Caliway Biopharmaceuticals	$4.2B	50.3x	80.7x
Laurus Labs	$4.2B	6.3x	32.0x
Alkermes	$4.2B	2.8x	10.6x
Hypera	$4.2B	3.0x	11.0x
Kalbe Farma	$4.1B	2.0x	13.3x
Shanghai Junshi	$4.1B	13.2x	-38.3x
Grand Pharmaceutical	$4.1B	2.7x	10.0x
Yili Chuannig Biotech	$4.0B	5.0x	28.1x
Sumitomo Pharma	$3.9B	1.4x	8.0x
Zelgen Biopharmaceuticals	$3.8B	41.6x	-1904.4x
Dong-E-E-Jiao	$3.8B	4.3x	14.1x
Rhythm Pharmaceuticals	$3.8B	25.3x	-16.5x
Endo	$3.7B	n/a	n/a
Peptron	$3.7B	n/a	n/a
Ajanta Pharma	$3.7B	6.7x	24.4x
Kangmei Pharmaceutical Co.	$3.7B	n/a	n/a
Piramal Pharma	$3.7B	3.4x	21.7x
Procaps Group	$3.6B	n/a	n/a
Zealand Pharma	$3.6B	7.3x	17.6x
Cytokinetics	$3.6B	176.1x	-6.2x
Soleno Therapeutics	$3.6B	185.4x	n/a
Asymchem Laboratories	$3.6B	4.2x	18.8x
Betta Pharmaceuticals	$3.5B	7.8x	20.5x
Merus	$3.4B	74.4x	-12.0x
Brightgene Bio-medical	$3.3B	18.4x	58.7x
Shijiazhuang Yiling	$3.3B	3.0x	-88.5x
SpringWorks Therapeutics	$3.2B	12.9x	-13.6x
Jamjoom Pharma	$3.2B	8.6x	26.0x
Virbac	$3.2B	2.0x	10.0x
Akero Therapeutics	$3.2B	n/a	-10.2x
Livzon Pharmaceutical Gr	$3.2B	1.9x	7.1x
Laboratorios Rovi	$3.1B	3.7x	14.0x
ACADIA Pharmaceuticals	$3.1B	3.1x	17.8x
Tasly	$3.1B	2.6x	12.5x
Bora Pharmaceuticals	$3.1B	4.4x	16.1x
Emcure Pharmaceuticals	$3.1B	3.3x	17.3x
Santen Pharmaceutical	$3.1B	1.5x	7.0x
Dermapharm	$3.1B	2.3x	8.5x
J.B. Chemicals & Pharma	$3.0B	6.5x	24.4x
Krystal Biotech	$3.0B	8.9x	24.0x
Arcellx	$3.0B	33.1x	-17.2x
Roivant Sciences	$3.0B	110.7x	-3.0x
Hanmi Pharm	$3.0B	2.7x	12.8x
Tianjin Pharma	$2.9B	3.4x	n/a
Kanghong Pharmaceutical	$2.9B	n/a	n/a
Ultragenyx	$2.9B	4.8x	-6.3x
Eris Lifesciences	$2.8B	8.2x	23.1x
Wockhardt	$2.8B	n/a	n/a
United Laboratories International	$2.8B	1.4x	4.9x
Buchang Pharma	$2.8B	n/a	n/a
BioCryst Pharma	$2.8B	5.4x	73.3x
Camurus	$2.8B	12.3x	37.9x
ImmunityBio	$2.8B	57.1x	n/a
Jiangsu Nhwa	$2.8B	3.3x	13.3x
Gland Pharma	$2.7B	4.1x	17.8x
Annexin Pharmaceuticals	$2.7B	n/a	n/a
LigaChem Biosciences	$2.7B	24.3x	-1082.7x
Pfizer India	$2.7B	9.9x	30.4x
Jilin Aodong	$2.7B	n/a	n/a
ABL Bio	$2.7B	46.8x	-241.3x
Almirall	$2.7B	2.3x	11.4x
China Medical System	$2.6B	2.4x	9.6x
Nanjing King-Friend	$2.6B	4.2x	15.9x
BGM Group	$2.5B	n/a	n/a
Scholar Rock	$2.5B	869.3x	-9.9x
China Res Double-Crane	$2.5B	1.6x	7.2x
BioKangtai	$2.5B	6.2x	22.6x
Alembic Pharmaceuticals	$2.5B	3.1x	20.1x
Avidity Biosciences	$2.4B	271.8x	-5.6x
Samchundang Pharm	$2.4B	n/a	n/a
Yifan Pharmaceutical	$2.4B	3.2x	17.8x
Catalyst Pharmaceuticals	$2.4B	4.7x	10.1x
Protagonist Therapeutics	$2.4B	8.3x	23.6x
Metsera	$2.3B	n/a	n/a
TOWA Pharmaceutical	$2.3B	1.3x	7.9x
Jubilant Pharmova	$2.3B	2.7x	16.5x
Viking Therapeutics	$2.3B	3825.2x	-13.3x
Apellis Pharmaceuticals	$2.3B	2.9x	-14.0x
Ascentage Pharma Group	$2.3B	20.8x	-31.1x
Ascentage Pharma	$2.3B	20.7x	-31.3x
Lotus Pharmaceutical	$2.3B	3.5x	8.3x
AstraZeneca India	$2.3B	n/a	n/a
PTC Therapeutics	$2.2B	1.9x	9.4x
Mirum Pharmaceuticals	$2.2B	5.8x	-41.9x
InventisBio Co	$2.1B	82.7x	-60.5x
Amicus Therapeutics	$2.1B	3.7x	36.9x
InnoCare Pharma	$2.1B	12.7x	-32.7x
Fagron	$2.1B	2.0x	10.3x
MoonLake	$2.1B	n/a	-12.3x
Vericel	$2.1B	8.0x	33.5x
Hybio Pharmaceutical	$2.0B	17.0x	27.8x
Belite Bio	$2.0B	290.8x	n/a
Certara	$2.0B	4.9x	15.7x
Apeloa Pharmaceutical	$1.9B	1.1x	8.0x
Star Lake Bioscience	$1.8B	0.7x	5.7x
Immunovant	$1.8B	955.7x	-4.4x
Caplin Point Laboratories	$1.8B	7.9x	23.0x
Idorsia	$1.8B	11.6x	-6.0x
Hubei Jumpcan	$1.8B	1.6x	n/a
ANI Pharmaceuticals	$1.8B	2.6x	10.1x
Tsumura	$1.8B	1.4x	5.1x
Sawai Group Holdings	$1.7B	1.3x	6.5x
Ligand Pharmaceuticals	$1.7B	9.8x	30.5x
Sai Life Sciences	$1.7B	8.5x	35.0x
Kiniksa Pharmaceuticals	$1.7B	3.5x	-1095.1x
BoneSupport	$1.7B	15.8x	75.7x
Phibro Animal Health	$1.7B	1.4x	10.1x
Apogee Therapeutics	$1.7B	n/a	-7.0x
Xenon Pharmaceuticals	$1.7B	553.6x	-5.6x
Sinopep	$1.7B	6.4x	15.9x
Yantai Dongcheng	$1.7B	4.0x	20.0x
Everest Medicines	$1.7B	11.6x	-19.9x
Neuland Laboratories	$1.7B	9.3x	39.9x
Sanofi India	$1.6B	6.8x	26.5x
Crinetics Pharmaceuticals	$1.6B	614.2x	-4.2x
Amphastar Pharma	$1.6B	2.2x	5.8x
Harmony Biosciences Hldgs	$1.6B	2.1x	6.2x
Daewoong Pharmaceutical	$1.6B	1.6x	10.6x
Granules India	$1.6B	3.0x	14.2x
Arrowhead Pharmaceuticals	$1.6B	3.4x	-12.2x
Cheezheng Tibetan Medicine	$1.6B	n/a	n/a
Kymera Therapeutics	$1.6B	29.0x	-5.8x
Collegium Pharmaceutical	$1.6B	2.3x	3.8x
Celltrion Pharm	$1.6B	n/a	n/a
Natco Pharma	$1.6B	3.0x	6.3x
Jiuzhou Pharmaceutical	$1.6B	2.1x	8.7x
Centessa Pharmaceuticals	$1.5B	n/a	n/a
Pharma Mar	$1.5B	7.5x	40.9x
Arcutis Biotherapeutics	$1.5B	6.3x	-15.3x
CRISPR Therapeutics	$1.5B	39.1x	-3.4x
Bio-Thera Solutions	$1.5B	13.8x	-30.4x
HUTCHMED	$1.5B	2.3x	-63.1x
Zhejiang Jolly	$1.5B	3.9x	15.4x
BioArctic	$1.5B	17.4x	43.9x
Indivior	$1.5B	1.3x	5.2x
Tarsus Pharmaceuticals	$1.5B	5.5x	-18.0x
Joincare Pharmaceutical	$1.5B	0.7x	4.0x
SSY Group	$1.5B	2.0x	7.3x
GuangYuYuan Chinese	$1.5B	8.0x	54.2x
Faes Farma	$1.4B	2.5x	10.2x
Mesoblast	$1.4B	84.8x	-30.8x
Travere Therapeutics	$1.4B	4.9x	-10.0x
Recursion Pharmaceuticals	$1.4B	22.1x	-2.9x
PeptiDream	$1.4B	4.3x	8.6x
Genomma Lab	$1.4B	1.4x	6.0x
Voronoi	$1.4B	123.5x	-77.8x
Pacira BioSciences	$1.3B	1.9x	6.1x
Supernus Pharmaceuticals	$1.3B	2.1x	7.8x
Marksans Pharma	$1.3B	4.2x	20.6x
GNI Group	$1.3B	6.3x	10.1x
CG Oncology	$1.3B	739.8x	-9.4x
Adaptive Biotech	$1.3B	6.7x	-20.2x
Zhejiang Wolwo Bio-Pharma	$1.3B	9.4x	n/a
Chongqing Genrix	$1.3B	90.1x	n/a
China TCM	$1.3B	0.6x	n/a
Liquidia	$1.3B	52.7x	n/a
ARS Pharmaceuticals	$1.2B	15.0x	-20.0x
Nippon Shinyaku	$1.2B	1.1x	4.4x
Inner Mongolia Furui Medical Science	$1.2B	6.0x	n/a
Innoviva	$1.2B	3.4x	n/a
Biohaven	$1.2B	242.1x	-1.5x
Denali Therapeutics	$1.2B	132.9x	-2.5x
Hisamitsu Pharmaceutical	$1.2B	1.1x	n/a
Schrödinger	$1.2B	5.2x	-6.4x
Aurisco Pharmaceutical	$1.2B	5.3x	15.6x
NewAmsterdam Pharma Co	$1.2B	33.4x	n/a
Immunocore Holdings	$1.2B	n/a	n/a
Harrow	$1.2B	5.0x	21.2x
SPIMACO - ADDWAEIH	$1.1B	2.4x	16.3x
MannKind	$1.1B	3.7x	n/a
HK inno.N	$1.1B	1.6x	10.9x
Edgewise Therapeutics	$1.1B	n/a	-6.4x
Gen Ilac	$1.1B	n/a	n/a
IDEAYA Biosciences	$1.1B	105.6x	-3.4x
Lepu Biopharma	$1.1B	21.4x	n/a
Center Laboratories	$1.1B	n/a	n/a
Square Pharma	$1.1B	1.7x	5.9x
Strides Pharma	$1.1B	2.0x	11.1x
Polaris Group	$1.1B	n/a	n/a
Evotec	$1.0B	1.1x	45.6x
Ocular Therapeutix	$1.0B	16.9x	-5.3x
Xeris Biopharma	$1.0B	4.5x	68.9x
Neuren Pharma	$1.0B	9.6x	14.7x
Agios Pharmaceuticals	$1.0B	25.4x	-2.3x
Guilin Sanjin	$990M	n/a	n/a
Akums	$961M	2.0x	17.0x
Disc Medicine	$959M	n/a	-6.1x
BioGaia	$953M	6.3x	18.9x
TYK Medicines	$946M	n/a	-23.2x
Hanall Biopharma	$941M	8.9x	267.0x
TchaikaPharma	$932M	n/a	n/a
Philogen	$921M	9.2x	17.3x
Cosmo Pharmaceuticals	$905M	3.6x	6.5x
Ardelyx	$905M	2.6x	-53.9x
Jiangxi Fushine Pharma Co	$889M	n/a	n/a
Sido Muncul	$876M	3.5x	9.1x
Lumosa Therapeutics Co	$870M	n/a	n/a
Emergent BioSolutions	$867M	0.9x	5.2x
Zhejiang Ausun	$867M	n/a	n/a
Aurinia Pharmaceuticals	$844M	3.4x	n/a
Kissei Pharmaceutical	$838M	1.4x	12.8x
PolyPeptide	$835M	2.0x	21.6x
89bio	$831M	n/a	-2.3x
Avadel Pharmaceuticals	$828M	4.0x	153.7x
Chengdu Easton	$824M	4.1x	17.5x
Dynavax	$797M	2.7x	21.1x
Oculis Holding	$797M	931.9x	-8.2x
Swedencare	$786M	2.9x	12.6x
Spyre Therapeutics	$784M	n/a	-3.7x
HBM Holdings	$783M	10.8x	11.7x
Youcare Pharmaceutical	$779M	n/a	n/a
Vetoquinol	$765M	1.2x	6.4x
Nxera Pharma	$762M	3.5x	86.4x
Cormedix	$752M	8.9x	n/a
Boan Biotech	$752M	6.9x	32.0x
WAVE Life Sciences	$742M	8.3x	-5.2x
Dyne Therapeutics	$737M	n/a	-1.9x
Vera Therapeutics	$736M	n/a	-3.8x
Chong Kun Dang Pharma	$735M	0.6x	n/a
Eczacıbaşı	$734M	n/a	n/a
Akebia Therapeutics	$731M	4.2x	n/a
Guizhou Sanli	$728M	2.3x	11.9x
Oscotec	$728M	18.6x	n/a
Alkaloid	$723M	n/a	n/a
Pharming	$722M	2.3x	-538.5x
Oneness Biotech	$721M	n/a	n/a
Viridian Therapeutics	$713M	2757.9x	-2.5x
Zentiva	$701M	n/a	n/a
Mineralys Therapeutics	$678M	n/a	-3.5x
Geron	$668M	5.3x	n/a
TaiMed Biologics	$667M	31.2x	-250.3x
Nika Pharmaceuticals	$667M	n/a	n/a
Evolus	$665M	2.2x	-170.1x
Middle East Pharma	$661M	5.8x	21.9x
D&D Pharmatech	$649M	n/a	n/a
Celldex Therapeutics	$647M	115.5x	-3.1x
Pharvaris	$644M	n/a	-3.8x
Basilea Pharmaceutica	$641M	2.5x	11.0x
CStone Pharmaceuticals	$638M	11.7x	-30.5x
LENZ Therapeutics	$638M	223.9x	-9.3x
Medincell	$634M	29.4x	593.3x
Simulations Plus	$626M	7.4x	23.5x
Valneva	$598M	3.0x	102.4x
Ironwood Pharmaceuticals	$593M	1.9x	5.9x
CureVac	$584M	1.5x	6.5x
Renata	$582M	n/a	n/a
Enliven Therapeutics	$581M	198029.1x	-5.0x
Beam Therapeutics	$579M	9.7x	-1.4x
Elite Pharmaceuticals	$579M	n/a	n/a
GemPharmatech	$567M	5.6x	19.5x
TTY Biopharm	$567M	2.8x	551.3x
Arbutus Biopharma	$547M	90.7x	n/a
Trevi Therapeutics	$545M	n/a	-9.8x
Zymeworks	$544M	6.3x	-4.3x
PharmaNutra	$544M	4.0x	14.9x
ArriVent BioPharma	$543M	n/a	-6.2x
Grape King Bio	$541M	n/a	n/a
Kaken Pharmaceutical	$536M	0.9x	3.7x
Anavex Life Sciences	$536M	n/a	n/a
Taysha GTx	$535M	68.2x	-5.9x
Oxford BioMedica	$524M	2.7x	-48.9x
Eton Pharmaceuticals	$520M	9.5x	66.7x
Cogent Biosciences	$507M	n/a	-2.3x
YungShin Global Holdings	$506M	n/a	n/a
Synmosa Biopharma	$504M	n/a	n/a
Opthea	$500M	3045.1x	-3.2x
Sana Biotechnology	$499M	n/a	-2.2x
Allergy Therapuetics	$492M	6.3x	-19.7x
Tempo Scan Pacific	$491M	n/a	n/a
Regulus Therapeutics	$486M	n/a	-8.9x
Jiangsu Wuzhong Pharmaceutical	$486M	n/a	n/a
uniQure	$473M	16.7x	-2.9x
Zevra Therapeutics	$471M	9.0x	-9.1x
Immunome	$466M	65.9x	-1.8x
Structure Therapeutics	$461M	29.1x	-2.5x
Blau Farmacêutica	$459M	1.4x	6.2x
GH Research	$459M	n/a	-8.6x
Praxis Precision Medicines	$456M	82.8x	-2.0x
Julphar	$453M	1.2x	9.4x
MeiraGTx	$445M	7.0x	n/a
Botanix Pharmaceuticals	$442M	61.6x	-12.9x
CytoDyn	$440M	n/a	n/a
Janux Therapeutics	$431M	64.2x	-3.7x
Organogenesis	$419M	0.9x	8.3x
PYC Therapeutics	$419M	47.1x	-11.1x
Boiron	$418M	0.8x	5.0x
Heron Therapeutics	$418M	2.8x	48.6x
Formycon	$414M	5.8x	-22.3x
GlaxoSmithKline Pakistan	$410M	1.8x	n/a
Inventiva	$410M	30.3x	-3.7x
Syndax	$399M	6.3x	-1.2x
Zhengye Biotechnology	$399M	n/a	n/a
ATAI Life Sciences	$393M	473.4x	-4.1x
Intellia Therapeutics	$387M	6.8x	-0.8x
Verastem	$386M	25.5x	n/a
Theravance	$382M	5.1x	n/a
Clarity Pharmaceuticals	$374M	119.6x	-10.6x
Pyridam Farma	$373M	n/a	n/a
Duopharma Biotech	$373M	1.8x	9.8x
Faron Pharmaceuticals	$370M	81.0x	-20.6x
Scinopharm Taiwan	$367M	3.2x	n/a
ORIC Pharmaceuticals	$366M	n/a	-2.6x
Sionna Therapeutics	$362M	n/a	-4.3x
Mind Medicine	$358M	n/a	-3.2x
Esperion Therapeutics	$356M	1.1x	10.1x
Antibiotice	$354M	2.2x	9.9x
Omeros	$346M	336.8x	n/a
Hyundai Bioscience	$345M	n/a	n/a
KalVista Pharma	$344M	140.1x	-2.0x
AnaptysBio	$338M	3.9x	-3.1x
Checkpoint Therapeutics	$338M	20.0x	-8.8x
Precigen	$335M	42.2x	-2.8x
Laboratorio Reig Jofre	$335M	0.9x	7.4x
Rigel Pharmaceuticals	$333M	1.7x	8.9x
PharmaSGP	$330M	n/a	n/a
Kamada	$328M	1.9x	8.6x
XOMA Royalty	$327M	9.1x	-73.5x
CytomX Therapeutics	$325M	2.7x	18.8x
Knight Therapeutics	$322M	1.2x	8.1x
Alpha Teknova	$319M	8.2x	-25.0x
Nuvation Bio	$319M	30.7x	n/a
Capricor Therapeutics	$318M	5.1x	-14.1x
Cereno Scientific	$317M	n/a	n/a
Abivax	$316M	30.5x	-1.8x
aTyr Pharma	$315M	325.1x	-4.7x
Replimune Group	$315M	31.8x	-1.1x
Dianthus Therapeutics	$312M	59.8x	n/a
Abbott Laboratories (Pakistan)	$309M	1.2x	n/a
Altimmune	$307M	22172.6x	-2.9x
Celon Pharma	$306M	4.0x	15.3x
Iovance Biotherapeutics	$305M	1.4x	-0.8x
Celcuity	$303M	n/a	-2.4x
Benitec Biopharma	$296M	n/a	n/a
Vigil Neuro	$293M	2483.0x	n/a
Phathom Pharmaceuticals	$292M	3.0x	-1.4x
EQL Pharma	$290M	7.2x	32.9x
Nurix Therapeutics	$288M	4.9x	-1.3x
Coherus BioSciences	$280M	1.6x	-2.7x
SIGA Technologies	$278M	2.1x	4.3x
Rezolute	$270M	n/a	n/a
Aura Biosciences	$268M	n/a	n/a
Ourofino	$266M	1.4x	6.6x
Maze Therapeutics	$264M	2.6x	-10.1x
Animalcare Group	$264M	2.4x	13.7x
Regenxbio	$262M	1.5x	-2.6x
Flerie	$261M	n/a	n/a
Tevogen Bio	$258M	n/a	n/a
Senores Pharmaceuticals	$258M	4.7x	n/a
Abeona Therapeutics	$255M	24.7x	n/a
NervGen Pharma	$254M	n/a	n/a
Corvus Pharma	$250M	784.9x	n/a
Aquestive Therapeutics	$248M	4.7x	-7.3x
DBV Technologies	$247M	67.2x	-1.4x
Savara	$244M	n/a	n/a
4basebio	$241M	107.0x	-13.9x
Oryzon Genomics	$239M	48.9x	-61.3x
Ocugen	$238M	69.4x	n/a
Hansa Biopharma	$237M	10.2x	-4.2x
iAnthus Capital	$236M	n/a	n/a
Amylyx Pharmaceuticals	$234M	4.5x	n/a
Easywell Biomedicals	$233M	n/a	n/a
Alumis	$226M	30.8x	-0.8x
Newron Pharmaceuticals	$225M	5.2x	17.0x
Clinuvel Pharma	$225M	3.6x	6.8x
Absci	$224M	32.1x	-2.5x
Fennec Pharmaceuticals	$221M	4.6x	17.6x
Inozyme Pharma	$217M	n/a	n/a
Actuate Therapeutics	$214M	n/a	n/a
Candel Therapeutics	$212M	n/a	-6.0x
Cullinan Therapeutics	$210M	70.8x	-1.0x
ADC Therapeutics	$203M	2.8x	n/a
EyePoint Pharmaceuticals	$202M	4.8x	8.8x
Gossamer Bio	$202M	2.6x	-2.2x
Armata Pharmaceuticals	$202M	38.0x	-4.5x
Dimerix	$200M	39.1x	-18.7x
MediWound	$199M	9.1x	-10.9x
Palvella Therapeutics	$198M	n/a	-9.0x
Santhera Pharma	$194M	3.2x	-7.8x
Genfit	$193M	1.6x	2.9x
Nanobiotix	$193M	21.9x	-3.8x
Journey Medical	$192M	3.1x	49.1x
BioStem Technologies	$192M	0.6x	n/a
Searle Co.	$189M	n/a	n/a
Compass Therapeutics	$187M	363.8x	n/a
AFT Pharmaceuticals	$187M	1.5x	14.7x
Day One Biopharmaceutical	$187M	1.3x	-0.9x
MBX Biosciences	$185M	n/a	-2.2x
scPharmaceuticals	$182M	3.5x	-3.3x
Instil Bio	$182M	n/a	n/a
Galectin Therapeutics	$181M	n/a	n/a
Tyra Biosciences	$179M	n/a	-1.6x
Lavipharm	$178M	n/a	n/a
Stoke Therapeutics	$176M	1.9x	-2.7x
BioInvent International	$176M	28.1x	-3.7x
Tourmaline Bio	$175M	63.9x	n/a
Vicore Pharma Holding	$174M	21.5x	-6.8x
Abclon	$171M	n/a	n/a
Arcturus Therapeutics	$171M	1.3x	-1.6x
Avacta Group	$168M	7.7x	-5.3x
Nuvectis Pharma	$165M	n/a	-7.6x
Immutep	$165M	45.6x	-4.4x
Ryvu Therapeutics	$164M	6.2x	-6.9x
Fulcrum Therapeutics	$163M	3.5x	n/a
Agenus	$161M	1.5x	n/a
bluebird bio	$158M	1.1x	-0.7x
Tiziana Life Sciences	$158M	n/a	n/a
Heidelberg Pharma	$158M	13.3x	-5.6x
Erasca	$157M	n/a	-0.9x
Karyopharm Therapeutics	$156M	1.1x	n/a
Y-mAbs Therapeutics	$155M	1.8x	-4.2x
Hyloris Pharmaceuticals	$154M	16.1x	-8.1x
INmune Bio	$152M	6418.2x	n/a
Xencor	$149M	1.3x	-0.8x
Acepodia	$148M	n/a	n/a
Innate Pharma	$147M	2.7x	6.6x
Lexicon Pharmaceuticals	$147M	7.3x	-0.9x
Scancell	$144M	n/a	n/a
Eupraxia Pharmaceuticals	$144M	n/a	n/a
DiaMedica	$144M	n/a	-4.5x
Cardiff Oncology	$144M	254.4x	n/a
Medeze Group	$143M	5.1x	10.4x
SELLAS Life Sciences	$143M	n/a	n/a
Prime Medicine	$142M	20.4x	-0.8x
Kotra Industries	$139M	2.4x	7.7x
Race Oncology	$137M	3014.3x	-31.3x
Puma Biotechnology	$136M	0.6x	n/a
OSE Immunotherapeutics	$135M	1.8x	3.8x
Turk İlaç	$134M	n/a	n/a
Anika Therapeutics	$134M	1.2x	14.6x
OmniAb	$132M	5.3x	-3.0x
Bioceltix	$131M	n/a	n/a
Greenwich LifeSciences	$130M	n/a	n/a
Septerna	$128M	2.2x	-1.7x
Biofarm	$125M	n/a	n/a
Intercure	$124M	n/a	n/a
Celularity	$123M	n/a	n/a
Cidara Therapeutics	$120M	159.9x	n/a
XSpray Pharma	$119M	n/a	-4.1x
MaxCyte	$118M	2.9x	-3.3x
Kodiak Sciences	$117M	n/a	-0.6x
Synthaverse	$116M	5.8x	17.5x
Tectonic Therapeutic	$115M	n/a	n/a
Diamyd Medical	$114M	1084.8x	-7.7x
MariMed	$114M	0.7x	5.7x
Fractyl Health	$112M	2051.3x	-1.4x
UroGen Pharma	$112M	1.1x	-1.1x
Sangamo Therapeutics	$112M	2.0x	-1.5x
Vistin Pharma	$111M	n/a	n/a
Bioton	$108M	1.9x	11.5x
Elicio Therapeutics	$107M	n/a	n/a
Zenas BioPharma	$107M	16.0x	-0.6x
AB Science	$104M	80.3x	-4.2x
Lineage Cell Therapeutics	$103M	12.4x	-4.5x
Outlook Therapeutics	$103M	22.2x	n/a
PhotoCure	$103M	2.0x	21.6x
Achieve Life Sciences	$103M	n/a	n/a
Naturland Holding	$99.1M	n/a	n/a
Egetis Therapeutics	$97.5M	9.3x	-3.4x
Darya-Varia Laboratoria	$94.9M	n/a	n/a
PureTech Health	$93.9M	3.7x	-0.7x
Dicot Pharma	$93.3M	n/a	n/a
Cartesian Therapeutics	$93.2M	3.8x	n/a
Seres Therapeutics	$92.6M	n/a	-0.8x
Orexo	$90.0M	1.5x	18.9x
Inhibrx Biosciences	$89.1M	755.9x	n/a
Silence Therapeutics	$88.8M	3.2x	-1.6x
Saniona	$88.1M	4.3x	9.2x
Apontis Pharma	$85.6M	1.5x	15.5x
Astria Therapeutics	$84.7M	n/a	-0.6x
Milestone Pharmaceuticals	$84.6M	n/a	-2.6x
Adocia	$82.7M	6.1x	n/a
Replek	$82.4M	n/a	n/a
BioXcel Therapeutics	$82.3M	35.8x	n/a
Vaxart	$81.5M	3.2x	n/a
Poxel	$81.2M	10.9x	n/a
Transgene	$78.8M	3.4x	-3.5x
Vivani Medical	$77.0M	n/a	n/a
Spero Therapeutics	$74.2M	2.4x	n/a
StemRIM	$74.0M	n/a	-5.3x
Upstream Bio	$73.3M	35.5x	-0.7x
Atara Biotherapeutics	$73.3M	0.7x	-22.5x
Hamlet BioPharma	$72.9M	n/a	n/a
Aardvark Therapeutics	$72.9M	n/a	-2.2x
Tango Therapeutics	$72.8M	2.0x	n/a
FibroGen	$72.0M	3.3x	-1.0x
AbCellera	$71.5M	2.6x	-0.3x
SynAct Pharma	$70.5M	n/a	-2.6x
Entera Bio	$70.4M	388.8x	n/a
Arcus Biosciences	$70.0M	0.3x	-0.2x
Anixa Biosciences	$68.7M	n/a	n/a
Nutriband	$67.9M	11.2x	n/a
Citius Oncology	$67.5M	n/a	n/a
Scilex Holding	$66.7M	0.9x	n/a
ImmuCell	$66.6M	n/a	n/a
Enzymatica	$66.6M	14.2x	n/a
Immatics	$65.7M	0.5x	-0.8x
Curatis Holding	$65.2M	6.3x	-21.0x
LakeShore Biopharma	$64.9M	n/a	n/a
Genenta Science	$63.7M	n/a	n/a
Verrica Pharmaceuticals	$63.2M	5.2x	n/a
Paradigm Biopharma	$63.0M	1490.5x	-1.7x
Marinomed Biotech	$62.8M	16.0x	-62.9x
Telomir Pharmaceuticals	$62.6M	n/a	n/a
OKYO Pharma	$62.5M	n/a	n/a
Recce Pharmaceuticals	$62.4M	18.6x	-7.8x
BeyondSpring	$62.2M	n/a	n/a
Aldeyra Therapeutics	$62.1M	5.0x	n/a
Labiana Health	$61.6M	0.8x	7.2x
Adaptimmune Therapeutics	$61.5M	0.5x	-0.8x
Eledon Pharmaceuticals	$61.0M	n/a	n/a
Renovaro	$59.6M	n/a	n/a
Genelux	$59.5M	12629.2x	-2.5x
Allogene Therapeutics	$59.4M	3218.9x	-0.2x
IBT	$59.0M	n/a	n/a
Sensorion	$58.8M	5.1x	-1.5x
Iterum Therapeutics	$58.6M	30.5x	-3.5x
Cybin	$58.1M	n/a	-0.6x
Veru	$58.0M	10.6x	n/a
Argenica Therapeutics	$57.8M	27.6x	n/a
Vicapsys	$57.8M	n/a	n/a
Adverum Biotechnologies	$57.3M	83.5x	-0.4x
ArcticZymes	$55.9M	5.3x	117.7x
Foghorn Therapeutics	$55.1M	2.1x	-0.6x
Invivyd	$54.5M	0.9x	-0.5x
Shield Therapeutics	$54.0M	1.3x	-3.2x
Coya Therapeutics	$53.6M	11.9x	n/a
Bicara Therapeutics	$53.3M	n/a	-0.5x
ProQR Therapeutics	$52.3M	2.3x	-3.1x
Immunic	$51.8M	n/a	n/a
Unicycive	$51.7M	5.6x	n/a
Arovella Therapeutics	$49.5M	4531.7x	n/a
Pentixapharm Holding	$49.1M	n/a	n/a
Abionyx Pharma	$48.2M	9.2x	-4.8x
Immix Biopharma	$47.9M	n/a	-2.2x
Clearside Biomedical	$47.6M	18.2x	-1.6x
Xbrane Biopharma	$46.9M	1.3x	-105.7x
Neurizon Therapeutics	$44.8M	n/a	n/a
Gain Therapeutics	$44.6M	n/a	n/a
IO Biotech	$44.4M	n/a	-0.5x
Lytix Biopharma	$43.3M	67.8x	-5.7x
PDS Biotechnology	$43.0M	n/a	-1.1x
Cue Biopharma	$42.5M	4.8x	n/a
Gensight Biologics	$41.2M	8.1x	-1.6x
Akari Therapeutics	$41.1M	n/a	n/a
Pluri	$40.9M	n/a	n/a
Fortress Biotech	$40.6M	0.6x	n/a
Korro Bio	$40.4M	15.7x	n/a
Adlai Nortye	$39.9M	n/a	n/a
Vitrafy	$39.9M	n/a	n/a
Oncopeptides	$39.8M	5.7x	-1.6x
Vivoryon Therapeutics	$39.7M	n/a	-1.9x
Ascelia Pharma	$39.5M	10.6x	-12.3x
Jasper Therapeutics	$39.1M	n/a	-0.5x
IRLAB Therapeutics	$38.0M	n/a	n/a
Reviva Pharmaceuticals	$36.6M	n/a	n/a
Eco Animal Health Group	$35.8M	0.3x	3.6x
Lipum	$35.5M	n/a	-6.3x
RenovoRx	$35.1M	63.2x	n/a
Herantis Pharma	$35.0M	3112.7x	-6.7x
CASI Pharmaceuticals	$34.9M	1.6x	n/a
Genoway	$34.6M	1.4x	8.7x
Cessatech	$34.3M	n/a	n/a
Intervacc	$33.8M	n/a	n/a
Compugen	$33.7M	1.5x	n/a
MediciNova	$33.3M	n/a	n/a
Atossa Therapeutics	$33.1M	n/a	n/a
Rapport Therapeutics	$33.1M	n/a	-0.3x
Poltreg	$33.0M	n/a	n/a
NeuroSense Therapeutics	$32.7M	n/a	n/a
Active Biotech	$32.7M	n/a	-10.1x
Quince Therapeutics	$31.4M	n/a	n/a
Guard Therapeutics Intl	$31.2M	n/a	-2.9x
Aqua Bio Technology	$30.7M	n/a	n/a
Molecure	$30.6M	n/a	n/a
Biosenic	$30.5M	n/a	n/a
Anebulo Pharmaceuticals	$29.9M	n/a	n/a
MiNK Therapeutics	$29.6M	n/a	n/a
Elicera Therapeutics	$29.5M	n/a	-17.8x
Rani Therapeutics	$29.3M	38.5x	n/a
PolyPid	$29.2M	n/a	n/a
Immuneering	$29.2M	n/a	n/a
Vytrus Biotech	$29.2M	n/a	n/a
Nanexa	$28.9M	n/a	n/a
Mabion	$28.7M	2.1x	-14.7x
Actinogen Medical	$28.4M	4.3x	-3.4x
HCW Biologics	$28.3M	6.4x	n/a
Biomea Fusion	$28.0M	n/a	-0.2x
Futura Medical	$27.9M	2.0x	-35.2x
FibroBiologics	$27.1M	n/a	n/a
Cantargia	$27.1M	6.5x	-1.6x
Captor Therapeutics	$27.0M	n/a	n/a
Nicox	$26.5M	3.6x	n/a
Xintela	$26.3M	n/a	n/a
Rein Therapeutics	$25.7M	n/a	n/a
Biotechnology Assets	$25.7M	n/a	n/a
Adagene	$25.4M	341.0x	-0.7x
AlzeCure Pharma	$24.5M	28.9x	-40.0x
Annovis Bio	$24.5M	n/a	-0.8x
Biogened	$24.1M	n/a	n/a
Relief Therapeutics	$23.6M	n/a	n/a
Corline Biomedical	$23.5M	14.2x	-38.6x
Urteste	$22.6M	n/a	n/a
Valerio Therapeutics	$21.7M	n/a	n/a
Karolinska Development	$21.7M	n/a	n/a
Inovio Pharmaceuticals	$21.0M	121.5x	n/a
Assembly Biosciences	$20.4M	0.7x	n/a
Initiator Pharma	$19.9M	10.0x	-67.6x
Evaxion	$19.6M	5.7x	n/a
Mendus	$19.5M	4.7x	-2.1x
Pharma Equity Group	$19.3M	16.8x	-12.9x
Nektar Therapeutics	$19.3M	0.3x	-0.2x
Mira Pharmaceuticals	$19.1M	n/a	n/a
Nanogroup	$19.0M	n/a	n/a
Dare Bioscience	$18.7M	40.2x	n/a
SoftOx Solutions	$17.8M	n/a	n/a
Glycorex Transplantation	$17.7M	n/a	n/a
Moberg Pharma	$17.6M	14.1x	-8.0x
Opus Genetics	$17.5M	1.3x	n/a
Assertio Therapeutics	$17.5M	0.1x	1.2x
Plant Advanced	$17.3M	n/a	n/a
Lipidor	$17.0M	n/a	n/a
Grace Therapeutics	$16.8M	n/a	-1.0x
AcuCort	$16.8M	59.1x	-9.4x
Alzinova	$16.8M	15.8x	-9.9x
GeNeuro	$16.7M	n/a	n/a
Enorama Pharma	$16.3M	n/a	n/a
LTR Pharma	$15.9M	n/a	n/a
Cinclus Pharma Holding	$15.9M	3.0x	-1.0x
Chemomab Therapeutics	$15.4M	n/a	n/a
Celyad Oncology	$15.3M	n/a	n/a
Medivir	$15.3M	35.5x	-1.4x
Estrella Immunopharma	$15.1M	n/a	n/a
Kala Bio	$14.9M	n/a	n/a
Geovax Labs	$14.8M	5.1x	n/a
Lantern Pharma	$14.2M	n/a	n/a
Biofrontera	$14.2M	n/a	n/a
Tempest Therapeutics	$14.2M	n/a	-0.3x
Read-Gene	$13.6M	n/a	n/a
enGene	$13.6M	n/a	-0.1x
Arterra Bioscience	$13.5M	2.2x	6.7x
Unity Biotechnology	$13.4M	n/a	-0.4x
Aton	$12.9M	n/a	n/a
Oxurion	$12.6M	n/a	n/a
Starpharma	$12.5M	2.0x	n/a
Eyenovia	$12.4M	n/a	n/a
Bio-Works Technologies	$12.0M	n/a	n/a
Vir Biotechnology	$11.9M	0.2x	-0.0x
vTv Therapeutics	$11.9M	19.8x	n/a
NLS Pharmaceutics	$11.7M	n/a	n/a
Arctic Bioscience	$11.6M	2.1x	-4.1x
X4 Pharmaceuticals	$11.5M	0.8x	n/a
Theranexus	$11.4M	n/a	n/a
Toleranzia	$11.2M	n/a	n/a
Radiopharm Theranostics	$11.1M	12.6x	-0.4x
Abera Bioscience	$11.0M	n/a	n/a
Incannex	$11.0M	59.7x	-0.5x
Pure Biologics	$10.8M	n/a	n/a
SAB Bio	$10.8M	11.9x	n/a
Durect	$10.6M	7.2x	n/a
Celadon Pharma	$10.6M	n/a	n/a
Aelis Farma	$10.2M	2.0x	n/a
Amplia Therapeutics	$9.8M	n/a	n/a
Exact Therapeutics	$8.9M	n/a	n/a
Pila Pharma	$8.8M	n/a	n/a
Klaria Pharma Holding	$8.7M	6.1x	-18.4x
Biophytis	$8.4M	3.8x	-0.4x
Biosergen	$8.4M	n/a	-3.9x
CalciMedica	$8.4M	n/a	-0.3x
DexTech Medical	$8.3M	n/a	n/a
Citius Pharmaceuticals	$8.2M	2.4x	n/a
ProMIS Neurosciences	$8.1M	n/a	n/a
JFL Life Sciences	$8.0M	n/a	n/a
Kancera	$7.9M	n/a	-2.6x
Nanologica	$7.8M	2.6x	-2.2x
Opsy Holding	$7.3M	n/a	n/a
Oncoinvent	$7.2M	7.4x	-0.6x
AcouSort	$7.2M	n/a	n/a
Precision BioSciences	$7.1M	0.2x	-0.2x
Autolus Therapeutics	$6.9M	0.2x	-0.0x
Skye Bioscience	$6.9M	n/a	n/a
Longeveron	$6.6M	3.1x	n/a
Intensity Therapeutics	$6.4M	n/a	n/a
Coegin Pharm	$6.3M	n/a	n/a
Hemp & Health	$6.0M	n/a	n/a
Curis	$5.9M	0.5x	n/a
Circio Holding	$5.7M	1.4x	-3.0x
Newbury Pharmaceuticals	$5.3M	n/a	n/a
Medicofarma Biotech	$5.3M	n/a	n/a
Modus Therapeutics	$5.2M	n/a	-2.5x
TME Pharma	$4.9M	n/a	-1.4x
Lexeo Therapeutics	$4.8M	n/a	-0.0x
NextCell Pharma	$4.8M	3.7x	-1.1x
Addex Therapeutics	$4.7M	4.6x	n/a
Vivesto	$4.7M	n/a	-1.2x
Scandinavian ChemoTech	$4.6M	n/a	n/a
2cureX	$4.6M	n/a	n/a
Spago Nanomedical	$4.6M	22.2x	-1.4x
Nidhogg Resources Holding	$4.4M	n/a	n/a
Acurx Pharmaceuticals	$4.4M	n/a	n/a
Cellectis	$4.4M	0.1x	-0.1x
Sol-Gel Technologies	$4.4M	n/a	n/a
Chosa Oncology	$4.3M	n/a	n/a
Simris Alg	$4.1M	n/a	n/a
OncoZenge	$4.0M	31.4x	-4.0x
Cannabis Poland	$4.0M	n/a	n/a
Genxone	$3.9M	n/a	n/a
PEPTONIC medical	$3.8M	n/a	n/a
Annexon	$3.8M	n/a	-0.0x
PCI Biotech Holding	$3.8M	n/a	n/a
Biovica Intl	$3.7M	n/a	n/a
Isofol Medical	$3.7M	n/a	n/a
QUIA PHARMA	$3.6M	n/a	n/a
Strategic Partners	$3.2M	n/a	n/a
ODI Pharma	$3.2M	1.1x	-14.8x
PharmaLundensis	$3.1M	n/a	n/a
Applied Therapeutics	$3.0M	2.5x	-0.0x
CARISMA Therapeutics	$2.9M	0.1x	n/a
Double Bond	$2.7M	n/a	n/a
Respiratorius	$2.5M	n/a	n/a
Werewolf Therapeutics	$2.4M	2.7x	n/a
MetaVia	$2.3M	n/a	n/a
Stayble Therapeutics	$2.1M	n/a	-16.9x
Stenocare	$1.9M	3.7x	-0.8x
NanoEcho	$1.6M	n/a	n/a
BioLineRx	$1.3M	0.1x	-0.1x
Nextgen Biomed	$1.2M	n/a	n/a
Diagonal Bio	$1.1M	n/a	n/a
Gabather	$0.9M	n/a	n/a
Lipigon Pharmaceuticals	$0.7M	0.8x	-0.2x
Sprint Bioscience	$0.6M	0.1x	-0.4x
Protara Therapeutics	$0.6M	n/a	n/a
bioXXmed	$0.5M	n/a	n/a
Camp4 Therapeutics	$0.5M	0.4x	-0.0x
AC Immune	$0.5M	0.0x	n/a
DanCann Pharma	$0.3M	n/a	n/a
Design Therapeutics	$0.1M	n/a	n/a
Sangui Biotech Intl	$42K	n/a	n/a
Neovacs	$12K	n/a	n/a
Cognition Therapeutics	-$0.4M	n/a	n/a
Enlivex Therapeutics	-$0.6M	n/a	n/a
Fluicell	-$0.7M	n/a	n/a
Lidds	-$0.7M	n/a	n/a
Cellectar Biosciences	-$0.7M	n/a	n/a
Scandion Oncology	-$1.5M	n/a	n/a
Lipocine	-$1.8M	-0.3x	n/a
Equillium	-$1.8M	-0.1x	n/a
ExpreS2ion Biotech Hldg	-$1.9M	-2.2x	n/a
Bolt Biotherapeutics	-$2.1M	-0.3x	n/a
CombiGene	-$2.5M	n/a	n/a
Lisata Therapeutics	-$2.7M	-4.6x	0.1x
Black Diamond Therapeutics	-$2.9M	-0.1x	n/a
Tenaya Therapeutics	-$3.0M	n/a	0.0x
Enanta Pharmaceuticals	-$3.0M	-0.0x	0.0x
Relmada Therapeutics	-$3.1M	n/a	n/a
SCYNEXIS	-$3.2M	-0.3x	n/a
Sage Therapeutics	-$3.7M	-0.1x	0.0x
Vor Biopharma	-$4.9M	n/a	n/a
Marker Therapeutics	-$5.2M	-1.0x	0.4x
Larimar Therapeutics	-$5.4M	n/a	0.1x
Fate Therapeutics	-$5.8M	-0.6x	0.0x
Shattuck Labs	-$6.0M	-1.8x	0.1x
Cabaletta Bio	-$6.1M	-3.4x	0.0x
BerGenBio	-$6.2M	-203.8x	0.6x
Galecto	-$6.2M	n/a	n/a
NUTEX	-$6.7M	n/a	n/a
Ovid Therapeutics	-$7.2M	-15.4x	n/a
Molecular Partners	-$7.2M	-1.9x	0.1x
Perspective Therapeutics	-$7.5M	-6.1x	0.1x
Pyxis Oncology	-$8.2M	-0.9x	n/a
BioAtla	-$9.0M	-1.4x	n/a
Passage Bio	-$10.2M	n/a	n/a
Rocket Pharmaceuticals	-$10.5M	-49.9x	0.0x
Neurogene	-$11.8M	-21.6x	n/a
Vistagen Therapeutics	-$13.2M	-19.0x	n/a
Climb Bio	-$15.1M	n/a	n/a
InflaRx	-$16.3M	-54.8x	n/a
Leap Therapeutics	-$17.0M	n/a	n/a
Verve Therapeutics	-$18.4M	-0.5x	0.1x
HOOKIPA Pharma	-$20.1M	-0.5x	n/a
Surrozen	-$21.1M	-3.2x	n/a
PHAXIAM Therapeutics	-$22.2M	n/a	n/a
Cassava Sciences	-$22.6M	n/a	n/a
Q32 Bio	-$23.6M	n/a	n/a
Monte Rosa Therapeutics	-$24.0M	-0.3x	0.3x
PepGen	-$24.9M	n/a	n/a
Entrada Therapeutics	-$25.7M	-0.2x	n/a
Solid Biosciences	-$27.5M	n/a	0.2x
IGM Biosciences	-$28.2M	-4.1x	0.2x
Macrogenics	-$28.3M	-0.2x	n/a
Olema Pharmaceuticals	-$28.9M	n/a	0.2x
Prelude Therapeutics	-$30.2M	-7.3x	n/a
Elevation Oncology	-$31.3M	n/a	n/a
Xilio Therapeutics	-$31.3M	-2.2x	n/a
LAVA Therapeutics	-$31.4M	-4.4x	n/a
Sagimet Biosciences	-$31.8M	-62.0x	0.5x
Amarin Corp	-$32.0M	-0.2x	0.4x
Third Harmonic Bio	-$33.5M	n/a	n/a
Context Therapeutics	-$33.8M	n/a	n/a
VYNE Therapeutics	-$34.1M	-58.6x	0.8x
Mersana Therapeutics	-$34.2M	-1.0x	n/a
Kronos Bio	-$34.7M	-3.5x	n/a
Editas Medicine	-$36.6M	-1.4x	0.2x
Corbus Pharmaceuticals	-$36.7M	-53.6x	n/a
NextCure	-$37.0M	n/a	n/a
Voyager Therapeutics	-$38.0M	-0.6x	0.4x
Oramed Pharmaceuticals	-$39.2M	n/a	n/a
ESSA Pharma	-$39.5M	n/a	n/a
Connect Biopharma	-$39.7M	-2.6x	n/a
Rallybio	-$41.1M	-95.4x	n/a
HilleVax	-$42.3M	n/a	n/a
Barinthus Biotherapeutics	-$42.8M	-4.8x	n/a
Generation Bio	-$44.0M	-2.5x	n/a
Ikena Oncology	-$50.5M	n/a	n/a
RAPT Therapeutics	-$52.4M	n/a	0.5x
Mural Oncology	-$55.3M	n/a	0.5x
Acumen Pharmaceuticals	-$56.5M	n/a	0.5x
C4 Therapeutics	-$57.0M	-1.9x	0.5x
Nkarta	-$58.2M	n/a	n/a
AN2 Therapeutics	-$58.7M	n/a	n/a
OnKure Therapeutics	-$61.3M	-223.6x	n/a
Alto Neuroscience	-$61.5M	n/a	0.8x
I-MAB	-$62.0M	n/a	n/a
Terns Pharma	-$62.3M	n/a	0.6x
ALX Oncology	-$62.9M	n/a	0.6x
Boundless Bio	-$63.5M	n/a	n/a
Repare Therapeutics	-$63.7M	-1.9x	n/a
Century Therapeutics	-$64.5M	-1.3x	n/a
Kezar Life Sciences	-$69.8M	n/a	n/a
Vanda Pharmaceuticals	-$70.4M	-0.3x	n/a
TScan Therapeutics	-$71.5M	-15.2x	0.6x
Caribou Biosciences	-$74.4M	-7.5x	0.5x
Adicet Bio	-$74.6M	n/a	n/a
XBiotech	-$75.2M	n/a	n/a
Avalo Therapeutics	-$84.0M	-323.2x	n/a
Ventyx Biosciences	-$89.5M	n/a	0.7x
Contineum Therapeutics	-$92.3M	-37.5x	1.5x
Cargo Therapeutics	-$93.8M	n/a	0.6x
Aligos Therapeutics	-$94.9M	-9.0x	n/a
Artiva Biotherapeutics	-$102M	-690.0x	n/a
Zura Bio	-$107M	n/a	n/a
Acrivon Therapeutics	-$112M	-1866.9x	n/a
PMV Pharma	-$113M	n/a	n/a
Metagenomi	-$115M	-2.7x	1.2x
Kyverna Therapeutics	-$122M	n/a	0.8x
4D Molecular Therapeutics	-$126M	-77.9x	0.6x
ITeos Therapeutics	-$131M	-6.4x	0.9x
Neumora Therapeutics	-$132M	n/a	0.5x
Keros Therapeutics	-$133M	-1.6x	1.1x
Lyell Immunopharma	-$133M	-2886.8x	0.5x
Kura Oncology	-$135M	-1.4x	0.6x
Relay Therapeutics	-$135M	-12.5x	0.4x
Whitehawk Therapeutics	-$146M	-3.8x	n/a
Sutro Biopharma	-$152M	-2.5x	0.8x
Prothena Corp.	-$155M	-1.7x	n/a
Pliant Therapeutics	-$161M	-235.6x	0.8x
Bioage Labs	-$168M	-301.8x	2.4x
Alector	-$172M	-2.7x	1.0x
Atea Pharmaceuticals	-$172M	n/a	1.1x
Zentalis Pharma	-$204M	-5.1x	1.1x
Bicycle Therapeutics	-$215M	n/a	n/a
ProKidney	-$232M	-2807.1x	1.3x
Arvinas	-$396M	-1.5x	2.3x
Galapagos	-$1.8B	-5.6x	10.0x