Dyne Therapeutics
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2025 |
---|---|---|---|---|---|---|---|
Revenues | - | - | - | - | - | - | <1m |
EBITDA | (4.8m) | (14.6m) | (58.6m) | (150m) | (171m) | (240m) | - |
Profit | (4.8m) | (14.9m) | (59.4m) | (149m) | (168m) | (236m) | - |
R&D budget | 4.3m | 11.0m | 45.2m | 121m | 143m | 211m | - |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Seed | ||
$50.0m | Series A | ||
* | N/A | Early VC | |
$115m | Early VC | ||
N/A | N/A | IPO | |
* | N/A | $300m | Post IPO Equity |
* | N/A | $374m | Post IPO Equity |
Total Funding | €150m |
Recent News about Dyne Therapeutics
EditDyne Therapeutics is a biotechnology startup that operates in the healthcare sector, specifically focusing on the development of therapies for serious muscle diseases. The company serves a niche market of patients living with rare muscle diseases, their families, and caregivers. Dyne's business model is centered around its proprietary FORCE™ platform, a technology that enhances the delivery of modern oligonucleotide therapeutics to muscle tissue. This technology is used to develop a broad portfolio of therapies aimed at improving the lives of those affected by muscle diseases.
Dyne's primary revenue stream comes from the development and commercialization of these therapies. The company is currently in the clinical trial phase for several of its therapies, as indicated by its recent financial results and updates on the ACHIEVE and DELIVER trials. As a biotech startup, Dyne is likely to be in the investment phase, with revenues expected to grow significantly once its therapies receive regulatory approval and are commercialized.
The company's commitment to people living with serious muscle diseases is a key part of its brand identity. This commitment is reflected in its supportive work environment, which it promotes as a strength that sets it apart from other companies in the sector.
Keywords: Biotechnology, Healthcare, Muscle Diseases, Therapies, FORCE™ Platform, Oligonucleotide Therapeutics, Clinical Trials, Rare Diseases, Investment Phase, Supportive Work Environment.