Amicus Therapeutics

Amicus Therapeutics

Discovering, developing and delivering novel high-quality medicines for people living with rare metabolic diseases. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues261m306m329m399m517m640m824m
% growth43 %17 %8 %21 %29 %24 %29 %
EBITDA(233m)(196m)(192m)(74.4m)41.0m138m294m
% EBITDA margin(89 %)(64 %)(58 %)(19 %)8 %22 %36 %
Profit(277m)(250m)(237m)(152m)(46.9m)69.1m201m
% profit margin(106 %)(82 %)(72 %)(38 %)(9 %)11 %24 %
EV / revenue22.7x10.2x10.7x10.7x6.8x5.3x3.9x
EV / EBITDA-25.5x-15.9x-18.4x-57.3x86.1x24.6x10.8x
R&D budget308m272m277m152m---
R&D % of revenue118 %89 %84 %38 %---

Source: Dealroom estimates

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DateInvestorsAmountRound

$2.0m

Series A

$31.0m

Series B

$55.0m

Series C

$60.0m

Series D
N/A

N/A

IPO
N/A

$18.5m

Post IPO Equity

$31.3m

Post IPO Equity

$18.6m

Post IPO Equity

$10.0m

Post IPO Debt
*
N/A

$259m

Post IPO Equity
*
N/A

$100m

Post IPO Equity
*
N/A

$225m

Post IPO Debt
*
N/A

$259m

Post IPO Equity
*
N/A

$300m

Post IPO Equity
*
N/A

$201m

Post IPO Equity
*

$400m

Post IPO Debt
*

$400m

Post IPO Debt
*

$30.0m

Post IPO Equity
Total Funding$148m

Recent News about Amicus Therapeutics

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More about Amicus Therapeuticsinfo icon
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Amicus Therapeutics (Nasdaq: FOLD) is a global biotechnology company that focuses on creating and delivering innovative medicines for individuals with rare metabolic diseases. The company is dedicated to addressing unmet medical needs by developing high-quality treatments. Amicus Therapeutics operates in the biopharmaceutical market, which involves the use of biological processes to develop drugs and therapies.

The company's primary product is Galafold, an oral precision medicine designed for patients with Fabry disease who have specific genetic variants known as GLA variants. Fabry disease is a rare genetic disorder that affects the body's ability to break down a certain type of fat, leading to a range of serious health issues. Galafold helps these patients by stabilizing the enzyme that breaks down this fat, thereby improving their health outcomes.

In addition to Galafold, Amicus Therapeutics is working on AT-GAA, an investigational therapy for Pompe disease. Pompe disease is another rare metabolic disorder that affects muscle and respiratory function. AT-GAA has shown promising results in clinical trials, demonstrating significant improvements in muscle and respiratory function compared to standard treatments.

Amicus Therapeutics serves a niche market of patients with rare metabolic diseases, which often have limited treatment options. The company's business model revolves around the research, development, and commercialization of these specialized medicines. They generate revenue primarily through the sales of Galafold and potentially future sales of AT-GAA once it receives regulatory approval.

The company is committed to ethical practices, compliance with regulations, and global medical affairs. They also engage in corporate giving and initiatives aimed at healing beyond disease, reflecting their patient-centric approach.

Keywords: Biotechnology, Rare Diseases, Fabry Disease, Pompe Disease, Galafold, AT-GAA, Precision Medicine, Patient-Centric, Biopharmaceutical, Innovative Therapies.

Tech stack

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

Investments by Amicus Therapeutics

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Scioderm
ACQUISITION by Amicus Therapeutics Aug 2015
Callidus Biopharma
ACQUISITION by Amicus Therapeutics Nov 2013