Compugen

Compugen

Genomics-based drug and diagnostic discovery compan. Learn more

Launch date
Employees
Market cap
€160m
Enterprise valuation
€79m (Public information from Sep 2024)
Company register number 511779639
Holon Tel Aviv District (HQ), Tel Aviv-Yafo Tel Aviv District (founding location)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues2.0m6.0m7.5m33.5m42.5m42.9m38.6m
% growth-200 %25 %346 %27 %1 %(10 %)
EBITDA(31.5m)(35.1m)(35.4m)(12.5m)---
% EBITDA margin(1575 %)(585 %)(472 %)(37 %)---
Profit(29.7m)(34.2m)(33.7m)(18.8m)(2.0m)(1.6m)(14.9m)
% profit margin(1485 %)(570 %)(449 %)(56 %)(5 %)(4 %)(39 %)
EV / revenue501.5x61.8x8.3x5.2x4.4x4.4x4.9x
EV / EBITDA-31.9x-10.6x-1.8x-14.0x---
R&D budget22.8m28.7m30.6m34.5m---
R&D % of revenue1138 %478 %409 %103 %---
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DateInvestorsAmountRound
*

$15.0m

Early VC
N/A

N/A

IPO
N/A

N/A

IPO
*

$12.0m

Post IPO Equity
*
N/A

$79.0m

Post IPO Equity

$20.0m

Post IPO Equity
Total Funding€13.6m

Recent News about Compugen

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More about Compugeninfo icon
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Compugen is a pioneering company in the field of genomics-based drug and diagnostic discovery. By integrating advanced methodologies from mathematics, computer science, and physics into the realms of biology and organic chemistry, Compugen aims to increase the probability of successful development of novel drug and diagnostic products. The company operates primarily in the immuno-oncology market, focusing on the discovery and development of therapeutic antibodies and immune checkpoint inhibitors. Compugen's core clients include pharmaceutical companies and research institutions seeking innovative solutions for cancer treatment. The business model revolves around the discovery and early-stage development of drug candidates, which are then partnered with larger pharmaceutical companies for further development and commercialization. Compugen generates revenue through research collaborations, licensing agreements, and milestone payments from its partners. The company's innovative pipeline includes first-in-class therapeutic antibodies such as COM701, targeting PVRIG, and COM902, an anti-TIGIT inhibitor, both of which are designed to enhance immune response against cancer.

Keywords: genomics, drug discovery, diagnostics, immuno-oncology, therapeutic antibodies, immune checkpoints, PVRIG, TIGIT, computational biology, biotech partnerships.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.