Kinnate Biopharma

Kinnate Biopharma

Focused on the discovery and development of small molecule kinase inhibitors for difficult-to-treat, genomically-defined cancers. Learn more

Launch date
Employees
Market cap
$125m
Enterprise valuation
($26m) (Public information from Apr 2024)
San Diego California (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
EBITDA(36.0m)(90.0m)(118m)(116m)(69.7m)(73.8m)-
Profit(35.8m)(89.8m)(116m)(113m)(62.5m)(52.8m)(68.9m)
EV / EBITDA-36.9x-4.6x-0.1x0.4x-0.2x-0.7x-
R&D budget29.2m67.2m88.2m90.8m---
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DateInvestorsAmountRound
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N/A

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$22.0m

Series A

$74.5m

Series B

$98.0m

Series C
N/A

$240m

Valuation: $831m

-69.1x EV/LTM EBITDA

IPO

$13.0m

Valuation: $831m

-23.1x EV/LTM EBITDA

Post IPO Equity
*

$120m

Valuation: $120m

-1.0x EV/LTM EBITDA

Acquisition
Total Funding$195m

Recent News about Kinnate Biopharma

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More about Kinnate Biopharmainfo icon
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Kinnate Biopharma is a biotechnology company dedicated to developing precision oncology medicines aimed at treating aggressive cancers. The company focuses on creating small molecule drug candidates that target validated oncogenic drivers, which are specific genes or proteins that cause cancer. Kinnate leverages its deep expertise in structure-based drug discovery and translational research to build a robust pipeline of targeted therapies. The company operates in the biopharmaceutical market, primarily serving patients who are in urgent need of more effective cancer treatments. Kinnate's business model revolves around the research, development, and commercialization of these novel therapeutics. Revenue is generated through the successful development and eventual sale or licensing of their drug candidates. The company is driven by a mission to inspire hope and improve the lives of cancer patients through innovative, patient-driven precision medicine.

Keywords: precision oncology, small molecule drugs, oncogenic drivers, cancer treatment, structure-based discovery, translational research, biopharmaceutical, targeted therapies, drug development, patient-driven.

Tech stack

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