Cyteir Therapeutics
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|
EBITDA | (15.9m) | (20.6m) | (42.3m) | (48.2m) |
Profit | (15.0m) | (20.8m) | (42.1m) | (46.1m) |
EV / EBITDA | - | - | -5.0x | 1.8x |
R&D budget | 12.8m | 16.8m | 31.0m | 34.6m |
Date | Investors | Amount | Round |
---|---|---|---|
$210k | Grant | ||
$5.5m | Series A | ||
$2.0m | Grant | ||
$29.0m | Series B | ||
$40.2m | Series B | ||
$80.0m | Series C | ||
N/A | $133m Valuation: $620m -30.1x EV/LTM EBITDA | IPO | |
Total Funding | €143m |
Recent News about Cyteir Therapeutics
EditCyteir Therapeutics is a pioneering biotechnology company focused on developing novel therapeutics for cancer treatment through the biology of DNA repair and synthetic lethality. The company operates in the oncology market, primarily serving patients with various types of cancer. Cyteir's business model revolves around the discovery and development of drugs that induce selective self-destruction of cancer cells by targeting disease-induced RAD51 activity, leading to DNA damage overload. Revenue is generated through the development and commercialization of these specialized cancer therapies, as well as potential partnerships and licensing agreements with larger pharmaceutical companies.
Keywords: synthetic lethality, DNA repair, cancer treatment, oncology, RAD51 targeting, biotechnology, novel therapeutics, drug development, precision medicine, cancer therapies.