Modus Therapeutics

Modus Therapeutics

Swedish drug development company in clinical phase focused on normalizing the lives for patients with Sickle Cell Disease. Learn more

Launch date
Employees
Market cap
€7.2m
Enterprise valuation
€6m (Public information from Sep 2024)
Stockholms kommun Stockholm County (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2020202120222023202420252026
Revenues----28.1m--
EBITDA(<1m)(2.3m)(2.0m)(1.8m)(1.9m)(4.0m)(4.2m)
% EBITDA margin----(7 %)--
Profit(<1m)(2.3m)(2.0m)(2.0m)(1.9m)(4.0m)(4.2m)
% profit margin----(7 %)--
EV / revenue----0.2x--
EV / EBITDA--3.0x-2.5x-3.8x-3.1x-0.3x-1.2x
R&D budget<1m1.5m1.2m<1m---

Source: Dealroom estimates

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DateInvestorsAmountRound

$3.6m

Early VC

$15.8m

Series A
N/A

N/A

IPO
*

$1.1m

Valuation: $79.0m

-31.6x EV/LTM EBITDA

Post IPO Debt
*

SEK7.0m

Post IPO Equity
Total Funding€17.6m

Recent News about Modus Therapeutics

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More about Modus Therapeuticsinfo icon
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Modus Therapeutics is a Swedish biotechnology company focused on developing sevuparin, a novel therapeutic for treating diseases with high unmet medical needs. The company primarily targets conditions such as sepsis and septic shock, which are severe and often fatal. Modus Therapeutics operates in the healthcare and pharmaceutical market, collaborating with institutions like Imperial College London to advance clinical research. The business model revolves around the development and commercialization of sevuparin, aiming to bring this innovative treatment to market through clinical trials and regulatory approvals. Revenue is generated through partnerships, grants, and eventual sales of the approved drug. The company serves healthcare providers, hospitals, and patients suffering from critical conditions.

Keywords: sevuparin, sepsis, septic shock, severe malaria, biotech, clinical trials, pharmaceutical, healthcare, innovation, Sweden.

Tech stack

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