Eloxx Pharmaceuticals
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
---|---|---|---|---|---|---|---|
EBITDA | (50.6m) | (25.4m) | (66.0m) | (34.4m) | - | - | - |
Profit | (50.9m) | (34.6m) | (66.7m) | (36.1m) | (20.0m) | (29.5m) | (44.5m) |
EV / EBITDA | -5.0x | -5.8x | -0.5x | -0.3x | - | - | - |
R&D budget | 25.8m | 14.6m | 45.6m | 23.7m | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Spinout | ||
N/A | N/A | Series A | |
N/A | N/A | IPO | |
N/A | Acquisition | ||
* | $24.0m | Series C | |
$8.0m | Series C | ||
N/A | N/A | IPO | |
$1.6m | Grant | ||
$2.0m | Grant | ||
$2.6m | Grant | ||
$30.0m | Post IPO Debt | ||
* | $15.9m | Grant | |
* | N/A | $3.2m | Post IPO Debt |
Total Funding | CAD73.8m |
Related Content
Recent News about Eloxx Pharmaceuticals
EditEloxx Pharmaceuticals is a clinical-stage biopharmaceutical company focused on developing novel RNA-modulating therapies for rare and ultra-rare genetic diseases. The company's primary target is diseases caused by nonsense mutations, which are genetic alterations that prematurely stop protein synthesis. Eloxx's lead investigational drug, ELX-02, is designed to restore the production of functional proteins by enabling the ribosome to read through these premature stop codons, a process known as translation. Currently, ELX-02 is in Phase 2 clinical trials for cystic fibrosis patients with diagnosed nonsense mutations.
Eloxx operates in the biopharmaceutical market, primarily targeting patients with high unmet medical needs. The company employs a research and development strategy that focuses on identifying patient populations with nonsense mutations, establishing preclinical models, and navigating the regulatory pathways for Orphan Drug development. Eloxx's business model revolves around the development and commercialization of its proprietary small molecule compounds, which are designed to be disease-modifying therapies.
Revenue generation for Eloxx is anticipated through the successful development, regulatory approval, and commercialization of its drug candidates. The company also places a strong emphasis on patient advocacy, ensuring that patient needs are central to its drug development process.
Keywords: RNA-modulating, biopharmaceutical, nonsense mutations, cystic fibrosis, ELX-02, rare diseases, ultra-rare diseases, clinical trials, Orphan Drug, patient advocacy.