Merus

Merus

Antibody engineering to battle cancer. Learn more

Launch date
Employees
Market cap
CAD4.7b
Enterprise valuation
CAD3.6b (Public information from Sep 2024)
Company register number 30189136
Utrecht Utrecht (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues29.9m49.1m41.6m43.9m39.7m54.3m100m
% growth(4 %)64 %(15 %)6 %(10 %)37 %84 %
EBITDA(65.0m)(113m)(185m)(144m)(250m)(254m)(275m)
% EBITDA margin(217 %)(230 %)(444 %)(328 %)(630 %)(468 %)(274 %)
Profit(85.5m)(66.8m)(131m)(155m)(188m)(249m)(238m)
% profit margin(286 %)(136 %)(315 %)(353 %)(474 %)(458 %)(238 %)
EV / revenue17.0x27.6x17.2x36.1x87.5x64.0x34.7x
EV / EBITDA-7.8x-12.0x-3.9x-11.0x-13.9x-13.7x-12.7x
R&D budget70.0m98.2m149m141m---
R&D % of revenue234 %200 %359 %320 %---

Source: Dealroom estimates

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DateInvestorsAmountRound
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N/A

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N/A

Series A

€21.7m

Series A

€21.7m

Series B

€1.0m

Grant

€31.0m

Series B

€1.0m

Grant

€72.8m

Series C

N/A

IPO
N/A

$80.0m

Post IPO Equity

$55.8m

Post IPO Equity
*
N/A

$120m

Post IPO Equity
*
N/A

$110m

Post IPO Equity
*
N/A

$150m

Post IPO Equity
*
N/A

$400m

Post IPO Equity
Total FundingCAD224m

Recent News about Merus

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More about Merusinfo icon
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Merus N.V. is a clinical-stage oncology company specializing in the development of innovative, full-length multispecific antibodies known as Biclonics®. These bispecific antibody therapeutics are engineered to harness the immune system to target and eliminate cancer cells, offering more effective treatments with fewer side effects. The company operates in the biotechnology sector, primarily serving patients battling cancer. Merus collaborates with other life sciences companies, such as Caris Life Sciences, to enhance patient identification and enrollment for clinical trials, including the Zenocutuzumab Phase 1/2 eNRGy trial. The business model focuses on research and development, clinical trials, and partnerships to bring their therapeutic solutions to market. Revenue is generated through collaborations, licensing agreements, and potential future sales of approved therapies.

Keywords: oncology, bispecific antibodies, immune system, cancer treatment, clinical trials, biotechnology, Biclonics®, Zenocutuzumab, patient enrollment, therapeutic solutions.

Tech stack

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