Revolution Medicines
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 43.0m | 29.4m | 35.4m | 11.6m | 1.6m | 3.2m | 21.9m |
% growth | (14 %) | (32 %) | 20 % | (67 %) | (86 %) | 100 % | 577 % |
EBITDA | (108m) | (187m) | (249m) | (430m) | (637m) | (715m) | (777m) |
% EBITDA margin | (252 %) | (637 %) | (704 %) | (3716 %) | (39474 %) | (22139 %) | (3550 %) |
Profit | (108m) | (187m) | (249m) | (436m) | (566m) | (666m) | (694m) |
% profit margin | (252 %) | (637 %) | (703 %) | (3768 %) | (35034 %) | (20604 %) | (3170 %) |
EV / revenue | 61.1x | 43.5x | 41.5x | 247.6x | 3586.4x | 1971.5x | 304.1x |
EV / EBITDA | -24.2x | -6.8x | -5.9x | -6.7x | -9.1x | -8.9x | -8.6x |
R&D budget | 132m | 187m | 253m | 423m | - | - | - |
R&D % of revenue | 308 % | 636 % | 715 % | 3654 % | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $45.0m | Series A | |
N/A | $25.0m | Series A | |
$56.0m | Series B | ||
$100m | Series C | ||
N/A | N/A | IPO | |
* | N/A | $179m | Post IPO Equity |
* | N/A | $261m | Post IPO Equity |
* | N/A | $230m | Post IPO Equity |
* | N/A | $300m | Post IPO Equity |
* | N/A | Post IPO Equity | |
Total Funding | CAD308m |
Related Content
Recent News about Revolution Medicines
EditRevolution Medicines, accessible via revmed.com, is a cutting-edge biotechnology startup focused on developing innovative treatments for cancers driven by RAS gene mutations. These mutations are a common cause of cancer, making this a critical area of research and development. The company operates in the highly specialized field of oncology, specifically targeting what they term "RAS addicted cancers."
Revolution Medicines serves a niche but significant market: patients suffering from cancers that are particularly difficult to treat due to RAS mutations. This includes various types of cancers such as pancreatic, colorectal, and lung cancers. The company's primary clients are healthcare providers and institutions that treat these patients, including hospitals, cancer treatment centers, and specialized oncology clinics.
The business model of Revolution Medicines revolves around the research, development, and commercialization of targeted cancer therapies. They are pioneering a portfolio of RASON Inhibitors, which are designed to specifically target and inhibit the activity of RAS proteins that drive cancer growth. Their innovative Tri Complex Inhibitor platform is at the core of this development, allowing them to create highly specialized treatments.
Revolution Medicines generates revenue through multiple streams. Primarily, they earn money by licensing their drug candidates to larger pharmaceutical companies, entering into partnerships for co-development, and eventually through the direct sale of approved therapies. Additionally, they may receive milestone payments and royalties based on the success and sales of their licensed products.
In summary, Revolution Medicines is a biotech firm dedicated to transforming cancer treatment through targeted therapies for RAS-driven cancers. Their innovative approach and specialized focus position them uniquely in the oncology market.
Keywords: biotechnology, oncology, RAS mutations, cancer treatment, targeted therapies, RASON Inhibitors, Tri Complex Inhibitor, drug development, Redwood City, innovative medicine.