Revenue
2024
2025
| 2025 | 2024 | |
|---|---|---|
| Revenue | $13.0M | $7.0M |
| Research & development | $74.0M | $64.2M |
| Operating expenses | $94.1M | $77.0M |
| Operating income | −$81.1M | −$70.0M |
| Operating margin | −623.62% | −1,000.19% |
| EBITDA | −$80.5M | −$69.5M |
| EBITDA margin | −619.01% | −993.04% |
| Net income | −$68.9M | −$66.8M |
| Net profit margin | −529.77% | −954.40% |
| Basic EPSper basic share | -$11.22 | -$45.29 |
| Diluted EPSper diluted share | -$11.22 | -$45.29 |
Reported shareholders
| Holder | % owned |
|---|---|
EQT Fund Management S.a r.l. | 14.58%5.29M shares |
LSP 7 Cooperative UA | ≈14.58%5.29M shares |
Verduyn-van Weegen Felice Isabel | ≈14.58%5.29M shares |
RA CAPITAL MANAGEMENT, L.P. | 9.63%3.49M shares |
Hopfner Robert Lorne | ≈9.29%3.37M shares |
PRICE T ROWE ASSOCIATES INC /MD/ | 5.35%1.94M shares |
Pivotal bioVenture Partners Investment Advisor LLC | 5.31%1.93M shares |
JPMORGAN CHASE & CO | 4.28%1.55M shares |
RTW INVESTMENTS, LP | 4.14%1.5M shares |
Nan Fung Group Holdings Ltd | 3.97%1.44M shares |
Point72 Asset Management, L.P. | 3.96%1.44M shares |
ANDERA PARTNERS | 3.84%1.39M shares |
EVENTIDE ASSET MANAGEMENT, LLC | 3.33%1.21M shares |
Vestal Point Capital, LP | 2.76%1M shares |
Jupiter Topco LLC | 2.47%896.7K shares |
BlackRock, Inc. | 2.44%886.54K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 2.43%881.9K shares |
BAKER BROS. ADVISORS LP | 2.34%847.39K shares |
Defilade Capital Management, L.P. | 2.19%793.15K shares |
AMERICAN CENTURY COMPANIES INC | 2.08%755.02K shares |
Percentages use 36.28M shares of this listed class outstanding on Jun 30, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Reported positions exceed 100% in total, so the circle shows the selected holder only.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Jun 22, 2026Form 4 · 10b5-1 | Patel Jeegar PravinkumarChief Scientific Officer | SellCommon Stock | 1.5K | $22.50 | $33.5K | 46.4K |
| Jun 22, 2026Form 4 · 10b5-1 | Drew Janice SuzannChief of Dev. Operations | SellCommon Stock | 20.0K | $22.63 | $452.6K | 67.8K |
| Jun 22, 2026Form 4 · 10b5-1 | Pena Luis C.President & CEO | SellCommon Stock | 7.4K | $22.71 | $168.9K | 630.5K |
| Jun 2, 2026Form 4 · 10b5-1 | Cohen David EDirector | SellCommon Stock | 600 | $21.38 | $12.8K | 17.6K |
| Jun 2, 2026Form 4 · 10b5-1 | Cohen David EDirector | SellCommon Stock | 5.5K | $20.21 | $110.3K | 18.2K |