Apexigen
Financials
Estimates*
USD | 2020 | 2021 | 2022 |
---|---|---|---|
EBITDA | (24.4m) | (28.9m) | (32.6m) |
Profit | (24.1m) | (28.9m) | (32.1m) |
R&D budget | 18.8m | 21.7m | 23.0m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$20.0m | Series A | ||
$58.0m | Series C | ||
$65.0m | Series C | ||
* | $57.5m Valuation: $205m -7.1x EV/LTM EBITDA | SPAC IPO | |
* | N/A | $15.0m | Post IPO Equity |
* | $16.0m Valuation: $16.0m -0.5x EV/LTM EBITDA | Acquisition | |
Total Funding | €130m |
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Recent News about Apexigen
EditApexigen is a clinical-stage biopharmaceutical company dedicated to discovering and developing next-generation antibody therapeutics for cancer treatment. The company focuses on immuno-oncology, a field that leverages the body's immune system to detect and destroy cancer cells. Apexigen's core product offerings include novel immuno-oncology drugs designed to enhance tumor-specific immunity and overcome the mechanisms cancer cells use to evade immune detection. The company primarily serves patients with various types of cancer, collaborating with research institutions and healthcare providers to bring cutting-edge treatments to market. Apexigen operates in the highly competitive biopharmaceutical sector, targeting unmet medical needs in oncology. Its business model revolves around the development and commercialization of proprietary antibody therapies, generating revenue through partnerships, licensing agreements, and eventual product sales. The company is actively involved in clinical trials to validate the efficacy and safety of its drug candidates, aiming to secure regulatory approvals and expand its market presence.
Keywords: antibody therapeutics, cancer treatment, immuno-oncology, tumor-specific immunity, clinical-stage, biopharmaceutical, novel drugs, oncology, clinical trials, regulatory approvals.