Cogent Biosciences

Cogent Biosciences

Developing precision therapies for genetically defined diseases. Learn more

Launch date
Employees
Market cap
€1.0b
Enterprise valuation
€812m (Public information from Sep 2024)
Cambridge Massachusetts (HQ)

Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues7.9m----1.3m68.2m
% growth(65 %)-----5050 %
EBITDA(89.7m)(75.4m)(148m)(205m)(200m)(197m)(199m)
% EBITDA margin(1140 %)----(14891 %)(291 %)
Profit(74.8m)(72.3m)(140m)(192m)(236m)(249m)(198m)
% profit margin(950 %)----(18770 %)(290 %)
EV / revenue44.5x----886.8x17.2x
EV / EBITDA-3.9x-4.5x-5.5x-2.5x-5.9x-6.0x-5.9x
R&D budget72.6m55.9m122m174m---
R&D % of revenue923 %------
  • Edit
DateInvestorsAmountRound

$65.0m

Series B

$15.0m

Debt
N/A

N/A

IPO
*
N/A

$50.0m

Post IPO Equity
*

$104m

Post IPO Equity
*
N/A

$60.0m

Post IPO Equity
*
N/A

$173m

Post IPO Equity
*
N/A

$150m

Post IPO Equity
*

$225m

Private Placement VC
Total Funding€264m

Recent News about Cogent Biosciences

Edit
More about Cogent Biosciencesinfo icon
Edit

Cogent Biosciences is a biotechnology company focused on the discovery and development of innovative small molecule therapies targeting rare, genetically driven diseases. The company serves patients with unmet medical needs, particularly those suffering from conditions that have limited treatment options. Operating within the biopharmaceutical market, Cogent Biosciences employs a research-driven business model, leveraging its scientific expertise to advance drug candidates through clinical trials. Revenue is primarily generated through the development and potential commercialization of these therapies, as well as through strategic partnerships and collaborations. The company has a strong financial position, with a year-end cash reserve of $242.2 million, supporting its ongoing research and development activities. Key initiatives include three clinical trials for their lead candidate, CGT9486, set to commence this year.

Keywords: biotechnology, small molecule therapies, rare diseases, genetically driven, clinical trials, drug discovery, biopharmaceutical, research-driven, strategic partnerships, CGT9486.

Tech stack

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