Celldex Therapeutics
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 7.4m | 4.7m | 2.4m | 6.9m | 4.6m | 4.0m | 2.3m |
% growth | 108 % | (37 %) | (49 %) | 192 % | (33 %) | (13 %) | (42 %) |
EBITDA | (38.2m) | (67.6m) | (102m) | (140m) | (192m) | (250m) | - |
% EBITDA margin | (515 %) | (1453 %) | (4322 %) | (2029 %) | (4185 %) | (6231 %) | - |
Profit | (59.8m) | (70.5m) | (112m) | (141m) | (163m) | (205m) | (245m) |
% profit margin | (806 %) | (1516 %) | (4766 %) | (2055 %) | (3548 %) | (5122 %) | (10457 %) |
EV / revenue | 93.5x | 299.9x | 761.1x | 253.5x | 441.6x | 468.4x | 934.6x |
EV / EBITDA | -18.1x | -20.6x | -17.6x | -12.5x | -10.6x | -7.5x | - |
R&D budget | 42.5m | 53.3m | 82.3m | 118m | - | - | - |
R&D % of revenue | 573 % | 1146 % | 3490 % | 1715 % | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | IPO | |
* | N/A | $90.0m | Post IPO Equity |
* | N/A | $172m | Post IPO Equity |
N/A | $2.0m | Post IPO Equity | |
* | N/A | $174m | Post IPO Equity |
* | N/A | $150m | Post IPO Equity |
* | N/A | $250m | Post IPO Equity |
* | N/A | N/A | Post IPO Equity |
Total Funding | - |
Recent News about Celldex Therapeutics
EditCelldex Therapeutics is a clinical-stage biotechnology company focused on developing transformative therapeutics at the intersection of mast cell biology and antibody-based immunotherapies. The company’s lead program, barzolvolimab, is a humanized monoclonal antibody inhibitor of KIT, a crucial receptor tyrosine kinase essential for mast cell function and survival. These mast cells are central to the onset and progression of various severe inflammatory, allergic, and autoimmune diseases. Celldex’s pipeline includes multiple antibody-based therapeutics designed to engage the human immune system or directly affect critical pathways, aiming to improve the lives of patients suffering from these debilitating conditions.
Celldex operates primarily in the biotechnology and pharmaceutical markets, serving patients with severe inflammatory, allergic, and autoimmune diseases. The company’s business model revolves around the discovery, development, and commercialization of innovative antibody-based therapies. Revenue is generated through partnerships, licensing agreements, and eventually, the sale of approved therapeutics.
Keywords: biotechnology, immunotherapy, monoclonal antibodies, mast cell biology, inflammatory diseases, allergic diseases, autoimmune diseases, barzolvolimab, clinical-stage, therapeutic development.