Ultimovacs

Ultimovacs

A pharmaceutical company developing novel immunotherapies against cancer. Learn more

Launch date
Employees
Market cap
$7.8m
Enterprise valuation
($12m) (Public information from Sep 2024)
Company register number 996713008
Oslo Norway (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2020202120222023202420252026
Revenues----105m9.6m36.9m
% growth-----(91 %)285 %
EBITDA(13.4m)(17.6m)(20.5m)(24.8m)(16.5m)(8.1m)(12.1m)
% EBITDA margin----(16 %)(84 %)(33 %)
Profit(13.3m)(18.1m)(18.5m)(20.8m)(16.1m)(7.9m)(12.1m)
% profit margin----(15 %)(83 %)(33 %)
EV / revenue-----0.3x-2.2x-0.8x
EV / EBITDA-17.4x-20.6x-18.1x-17.6x1.6x2.6x2.4x
R&D budget7.1m10.6m10.5m13.6m---
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DateInvestorsAmountRound
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N/A

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€560k

Grant
N/A

N/A

IPO

NOK10.0m

Grant
N/A

NOK270m

Post IPO Equity
Total Funding$1.8m

Recent News about Ultimovacs

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More about Ultimovacsinfo icon
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Ultimovacs is a pharmaceutical company focused on developing novel immunotherapies to treat cancer. The company operates in the biotechnology and pharmaceutical sectors, targeting a global market of cancer patients and healthcare providers. Ultimovacs' core product is UV1, a universal cancer vaccine designed to stimulate the immune system to recognize and attack cancer cells. The company primarily serves patients with advanced stages of cancer, including metastatic melanoma and ovarian cancer. Ultimovacs' business model revolves around extensive research and development, clinical trials, and eventual commercialization of its immunotherapy products. Revenue is generated through partnerships, grants, and future sales of approved therapies. The company has achieved significant milestones, including FDA Orphan Drug Designation for UV1 and the initiation of multiple Phase II clinical trials.

Keywords: immunotherapy, cancer vaccine, UV1, metastatic melanoma, ovarian cancer, clinical trials, FDA approval, biotechnology, pharmaceutical, immune system.

Tech stack

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