S-Biomedic Acquisition, Valuation, Funding & Investors

S-Biomedic was acquired by Beiersdorf for $645M in December 2022.

S-Biomedic acquisition price

$645M

Acquired by Beiersdorf · Dec 2022

Cumulative funding S-Biomedic raised

$5M

across 1 funding round

Key investors in S-Biomedic

  • Verve Ventures
  • Johnson & Johnson Innovation
  • Beiersdorf

S-Biomedic Overview

About S-Biomedic

S-Biomedic is a UK-based biotech firm engineering microbiome-targeted therapies for skin disorders like acne, eczema, and rosacea. Headquartered in London, the company formulates products using selected beneficial bacteria strains to restore microbial balance, applicable in prescription dermatology and over-the-counter cosmetics through partnerships with contract manufacturers.


Founded

2014

HQ

United StatesMilwaukee, WI

Status

Acquired

Customer focus

B2B

Revenue model

Licensing

Valuation

$645M (acquired Dec 2022)

S-Biomedic Acquisition

S-Biomedic was acquired by Beiersdorf for $645M on 16 December 2022.

Before the acquisition S-Biomedic had raised $5M across 1 funding round.

S-Biomedic NV, a Belgian life-science company founded in 2014, specializes in skin microbiome research, developing active ingredients for cosmetic products using living skin bacteria, with a focus on acne treatment. Beiersdorf, which initially invested in 2018 via corporate venture capital, acquired an additional majority stake on December 15, 2022, increasing its ownership to 92.53% through a share deal with a total purchase price of €553 million. The deal aligns with Beiersdorf's C.A.R.E.+ strategy to accelerate innovation in skin care. S-Biomedic will operate as a standalone entity under Beiersdorf's microbiome program, complementing the company's internal research. The acquisition builds on years of collaboration, enhancing expertise in skin microbiome for unmet consumer needs like acne solutions. Parties agreed not to disclose the purchase price publicly, though Beiersdorf's annual report details the €553 million figure comprising €533 million basic price and €20 million performance components.

S-Biomedic acquisition details
AcquirerDateTypePrice
16 Dec 2022Strategic M&A$645M

S-Biomedic Funding History

S-Biomedic has raised a total of $5M across 1 funding round.

S-Biomedic funding rounds

S-Biomedic funding rounds
DateStageInvestorsRaisedDeal Summary
Jul 2018Series ABeiersdorf (lead); Verve Ventures; Johnson & Johnson Innovation$5MS-Biomedic is a Belgium-based life science company focused on skin health through therapeutic solutions targeting the skin microbiome, including treatments for acne, eczema, rosacea, and aging. The company develops pharmaceutical-grade products using specific beneficial bacteria strains, supported by pre-clinical studies and key opinion leaders in dermatology. It was founded in 2018 and incubated at Johnson & Johnson Innovation JLABS in Beerse, Belgium. In July 2018, Beiersdorf led an equity investment in S-Biomedic in the single-digit million euro range as part of a Series A financing round, joined by Verve Ventures and others including DSM Venturing. The investment supported collaboration on skin microbiota research, with early-stage programs initiated for aging and dandruff alongside a lead acne program. Beiersdorf aimed to leverage S-Biomedic's microbiome innovations to address unmet consumer needs in skincare. Beiersdorf later acquired a majority stake in S-Biomedic in December 2022, with the company continuing as a standalone entity under Beiersdorf's microbiome program. Total funding raised across rounds reached $4.51M.

Who has invested in S-Biomedic?

3 investors have backed S-Biomedic across its funding rounds, including Verve Ventures, Johnson & Johnson Innovation and Beiersdorf.

Lead investors include Beiersdorf.


S-Biomedic Investors

Investors in S-Biomedic by funding rounds participated
InvestorHQRoundsRoleFirst check
BeiersdorfGermanyHamburg1LeadJul 2018

This data is available for Pro users. Sign up to see all 3 S-Biomedic investors.

Start Free Trial

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

S-Biomedic Competitors

S-Biomedic competitors include listed companies like OmniAb and Neurogene, and private ones like MAXVAX, Endeavor BioMedicines, Expedition Therapeutics and Lepu Bio.

Public and private companies comparable to S-Biomedic
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
MAXVAXChinaChengduPrivate--$646M-
OmniAbUnited StatesUnited StatesPublicly listed$19M($47M)$646M20.2x
NeurogeneUnited StatesUnited StatesPublicly listed-($99M)$649M-
Endeavor BioMedicinesUnited StatesSan Diego, CAPrivate--$650M-
Expedition TherapeuticsUnited StatesSan Francisco, CAPrivate--$650M-
Lepu BioChinaShanghaiPrivate--$654M-

S-Biomedic Public Comps

S-Biomedic is no longer listed, but its public comps include OmniAb, Neurogene, Altimmune, Chong Kun Dang Pharma, Phathom Pharmaceuticals, Medigen Vaccine Biologics, Valneva, Crescent Biopharma, Oneness Biotech and Senores Pharmaceuticals.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
OmniAb$19M($47M)32.8x20.2x(13.0x)(18.4x)
Neurogene-($99M)--(4.4x)-
Altimmune$41K($95M)8292.1x29102.1x(3.6x)(3.2x)
Chong Kun Dang Pharma$1.2B$92M0.6x0.5x7.7x8.2x
Phathom Pharmaceuticals$175M($160M)3.5x2.2x(3.8x)(19.0x)
Medigen Vaccine Biologics$19M($5M)31.0x26.0x(118.5x)(153.9x)
Valneva$201M($60M)3.6x4.0x(12.1x)(13.6x)
Crescent Biopharma$11M($153M)42.1x103.3x(3.0x)-

This data is available for Pro users. Sign up to see all S-Biomedic competitors and their valuation data.

Start Free Trial

Common questions about S-Biomedic

When was S-Biomedic founded?S-Biomedic was founded in 2014.
Where is S-Biomedic headquartered?S-Biomedic is headquartered in Milwaukee, WI, United States.
Is S-Biomedic publicly listed?No, S-Biomedic was acquired by Beiersdorf in December 2022.
Who acquired S-Biomedic?S-Biomedic was acquired by Beiersdorf in December 2022.
How much was S-Biomedic acquired for?S-Biomedic was acquired for $645M in December 2022.
How much funding has S-Biomedic raised?S-Biomedic has raised $5M across 1 funding round.
What was S-Biomedic's last funding round?S-Biomedic's last funding round was a $5M Series A in July 2018, led by Beiersdorf.
Who are S-Biomedic's investors?S-Biomedic's investors include Beiersdorf, Verve Ventures and Johnson & Johnson Innovation.
Which companies are comparable to S-Biomedic?Companies comparable to S-Biomedic include MAXVAX, OmniAb, Neurogene, Endeavor BioMedicines, Expedition Therapeutics and Lepu Bio.

See companies similar to S-Biomedic

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial