CymaBay Therapeutics

CymaBay Therapeutics

Developing therapies for liver and other chronic diseases with high unmet medical need. Learn more

Launch date
Employees
Market cap
CAD5.1b
Enterprise valuation
CAD4.7b (Public information from Mar 2024)
Hayward California (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues---31.1m6.7m-306m
% growth----(79 %)--
EBITDA(53.4m)(86.7m)(91.1m)(85.7m)(181m)(108m)-
% EBITDA margin---(276 %)(2723 %)--
Profit(51.0m)(90.0m)(106m)(105m)(175m)(158m)(50.9m)
% profit margin---(339 %)(2633 %)-(17 %)
EV / revenue---86.2x522.4x-11.1x
EV / EBITDA-7.4x-1.7x-5.3x-31.2x-19.2x-32.3x-
R&D budget35.9m64.5m68.0m80.8m---
R&D % of revenue---260 %---

Source: Dealroom estimates

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DateInvestorsAmountRound
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N/A

-
N/A

$10.0m

Early VC
N/A

$27.0m

Late VC
N/A

N/A

-

$44.0m

Series B
N/A

$10.0m

Series C

$32.0m

Series D

$27.7m

Debt
N/A

$8.6m

Early VC

$5.0m

Debt
N/A

N/A

IPO

$325k

Post IPO Debt
*
N/A

$144m

Post IPO Equity

$100m

Post IPO Debt
*
N/A

$85.0m

Post IPO Equity
*
N/A

$150m

Post IPO Equity
*

N/A

Valuation: $4.3b

138.4x EV/LTM Revenues

-50.1x EV/LTM EBITDA

Acquisition
Total FundingCAD179m

Recent News about CymaBay Therapeutics

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More about CymaBay Therapeuticsinfo icon
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CymaBay Therapeutics is a biopharmaceutical company focused on developing innovative therapies to improve the lives of patients suffering from liver and other chronic diseases. The company operates primarily in the healthcare and pharmaceutical markets, targeting conditions such as primary biliary cholangitis (PBC) and nonalcoholic steatohepatitis (NASH).

CymaBay's flagship product is seladelpar, a drug designed to treat PBC, a chronic liver disease. The company is also exploring the potential of seladelpar in combination with other drugs like liraglutide and selonsertib to treat fibrosis and NASH, a liver condition caused by fat buildup. These efforts are supported by extensive clinical trials and research, including collaborations with various medical professionals and institutions.

The primary clients of CymaBay are patients with liver diseases, healthcare providers, and medical institutions. The company aims to provide these clients with access to cutting-edge treatments that can significantly improve patient outcomes and quality of life.

CymaBay's business model revolves around the research, development, and commercialization of its pharmaceutical products. The company invests heavily in clinical trials to ensure the safety and efficacy of its drugs. Once a drug is approved by regulatory authorities, CymaBay generates revenue through sales to healthcare providers and institutions. Additionally, the company may enter into licensing agreements or partnerships with other pharmaceutical companies to expand the reach of its therapies.

In summary, CymaBay Therapeutics is dedicated to advancing medical treatments for liver and chronic diseases through innovative drug development. The company serves patients, healthcare providers, and medical institutions, operating within the healthcare and pharmaceutical markets. Its business model focuses on research, clinical trials, and commercialization to generate revenue.

Keywords: biopharmaceutical, liver diseases, chronic diseases, seladelpar, primary biliary cholangitis, NASH, clinical trials, healthcare providers, drug development, innovative therapies.

Tech stack

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