Celldex Therapeutics

Celldex Therapeutics

Developing antibodies that address devastating diseases for which available treatments are inadequate. Learn more

Launch date
Employees
Market cap
€2.5b
Enterprise valuation
€1.8b (Public information from Sep 2024)
Hampton Township Pennsylvania (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues7.4m4.7m2.4m6.9m4.6m4.0m2.3m
% growth108 %(37 %)(49 %)192 %(33 %)(13 %)(42 %)
EBITDA(38.2m)(67.6m)(102m)(140m)(192m)(250m)-
% EBITDA margin(515 %)(1453 %)(4322 %)(2029 %)(4185 %)(6231 %)-
Profit(59.8m)(70.5m)(112m)(141m)(163m)(205m)(245m)
% profit margin(806 %)(1516 %)(4766 %)(2055 %)(3548 %)(5122 %)(10457 %)
EV / revenue93.5x299.9x761.1x253.5x441.6x468.4x934.6x
EV / EBITDA-18.1x-20.6x-17.6x-12.5x-10.6x-7.5x-
R&D budget42.5m53.3m82.3m118m---
R&D % of revenue573 %1146 %3490 %1715 %---

Source: Dealroom estimates

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DateInvestorsAmountRound
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IPO
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$90.0m

Post IPO Equity
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$172m

Post IPO Equity
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$2.0m

Post IPO Equity
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$174m

Post IPO Equity
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$150m

Post IPO Equity
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$250m

Post IPO Equity
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N/A

Post IPO Equity
Total Funding-

Recent News about Celldex Therapeutics

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More about Celldex Therapeuticsinfo icon
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Celldex Therapeutics is a clinical-stage biotechnology company focused on developing transformative therapeutics at the intersection of mast cell biology and antibody-based immunotherapies. The company’s lead program, barzolvolimab, is a humanized monoclonal antibody inhibitor of KIT, a crucial receptor tyrosine kinase essential for mast cell function and survival. These mast cells are central to the onset and progression of various severe inflammatory, allergic, and autoimmune diseases. Celldex’s pipeline includes multiple antibody-based therapeutics designed to engage the human immune system or directly affect critical pathways, aiming to improve the lives of patients suffering from these debilitating conditions.

Celldex operates primarily in the biotechnology and pharmaceutical markets, serving patients with severe inflammatory, allergic, and autoimmune diseases. The company’s business model revolves around the discovery, development, and commercialization of innovative antibody-based therapies. Revenue is generated through partnerships, licensing agreements, and eventually, the sale of approved therapeutics.

Keywords: biotechnology, immunotherapy, monoclonal antibodies, mast cell biology, inflammatory diseases, allergic diseases, autoimmune diseases, barzolvolimab, clinical-stage, therapeutic development.

Tech stack

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

Investments by Celldex Therapeutics

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Kolltan Pharmaceuticals
ACQUISITION by Celldex Therapeutics Nov 2016