Notable Labs
Financials
Estimates*
USD | 2021 | 2022 |
---|---|---|
Revenues | <1m | <1m |
% growth | - | (97 %) |
EBITDA | (16.6m) | (12.6m) |
% EBITDA margin | (5820 %) | (157513 %) |
Profit | (16.1m) | (14.4m) |
% profit margin | (5632 %) | (180088 %) |
R&D budget | 11.5m | 7.8m |
R&D % of revenue | 4025 % | 97200 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
$6.0m | Seed | ||
* | N/A | Seed | |
$50.0k | Early VC | ||
$14.8m | Series A | ||
$40.0m | Series B | ||
N/A | Early VC | ||
* | N/A | $10.5m Valuation: $200m 701.8x EV/LTM Revenues -12.1x EV/LTM EBITDA | Late VC |
Total Funding | €64.9m |
Related Content
Recent News about Notable Labs
EditNotable Labs, Inc. is a clinical stage platform therapeutics company focused on developing predictive precision medicines for cancer patients. The company operates in the healthcare sector, specifically within the oncology market. Notable's core business model revolves around creating and commercializing targeted therapies that are designed to improve patient outcomes through precision medicine. This approach involves using data and advanced analytics to predict which treatments will be most effective for individual patients, thereby increasing the likelihood of success and reducing the risks associated with traditional drug development processes.
Notable serves a diverse range of clients, including cancer patients, healthcare providers, and research institutions. The company generates revenue through the development and licensing of its proprietary medicines and technologies. By focusing on a de-risked in-licensing strategy, Notable aims to deliver medical impact and commercial value more efficiently and effectively than traditional methods.
Headquartered in Foster City, California, Notable Labs is committed to its values of mission over ego, scientific responsibility, perseverance with compassion, and relentless resourcefulness. The company has cultivated a workplace that emphasizes respect, safety, and inclusivity, which has enabled it to attract and retain top talent in the industry.
Keywords: predictive precision medicines, oncology, cancer treatment, clinical stage, platform therapeutics, targeted therapies, de-risked strategy, healthcare innovation, patient outcomes, Foster City.