Crinetics Pharmaceuticals
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | - | 1.1m | 4.7m | 4.0m | 2.0m | 11.9m | 51.5m |
% growth | - | - | 339 % | (15 %) | (50 %) | 486 % | 334 % |
EBITDA | (75.0m) | (108m) | (168m) | (222m) | (322m) | (321m) | (318m) |
% EBITDA margin | - | (9991 %) | (3544 %) | (5520 %) | (15938 %) | (2707 %) | (619 %) |
Profit | (73.8m) | (108m) | (164m) | (215m) | (283m) | (319m) | (330m) |
% profit margin | - | (9985 %) | (3460 %) | (5346 %) | (14008 %) | (2690 %) | (642 %) |
EV / revenue | - | 933.2x | 137.3x | 453.0x | 1800.6x | 315.5x | 73.5x |
EV / EBITDA | -3.9x | -9.3x | -3.9x | -8.2x | -11.3x | -11.7x | -11.9x |
R&D budget | 57.0m | 84.3m | 130m | 169m | - | - | - |
R&D % of revenue | - | 7816 % | 2749 % | 4200 % | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Grant | ||
$2.2m | Grant | ||
N/A | Grant | ||
N/A | $1.5m | Grant | |
$40.0m | Series A | ||
$63.5m | Series B | ||
$3.2m | Grant | ||
* | N/A | N/A Valuation: $117m 24.8x EV/LTM Revenues -13.0x EV/LTM EBITDA | IPO |
* | $350m | Private Placement VC | |
Total Funding | €419m |
Related Content
Recent News about Crinetics Pharmaceuticals
EditCrinetics Pharmaceuticals is a clinical-stage pharmaceutical company specializing in the discovery, development, and commercialization of novel therapeutics for rare endocrine diseases and endocrine-related tumors. The company operates in the biopharmaceutical market, targeting conditions that have limited treatment options. Crinetics serves patients with rare endocrine disorders, such as acromegaly, by developing innovative oral treatments like CRN00808, which is currently in Phase 2 clinical trials. The business model focuses on advancing drug candidates through clinical trials and obtaining regulatory approvals to bring these therapies to market. Revenue is generated through the commercialization of approved drugs and potential partnerships or licensing agreements with larger pharmaceutical companies.
Keywords: endocrine diseases, rare disorders, novel therapeutics, clinical trials, drug discovery, acromegaly, oral treatments, biopharmaceutical, GPCRs, commercialization.