Cybin

Cybin

Cybin is focused on progressing psychedelic therapeutics by utilizing proprietary drug discovery platforms. Learn more

Launch date
Employees
Market cap
$145m
Enterprise valuation
$11m (Public information from Sep 2024)
Ontario California (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
CAD2021202220232024202520262027
Revenues<1m-----335m
EBITDA(30.4m)(63.4m)(54.7m)(78.5m)(78.1m)(99.5m)(73.3m)
% EBITDA margin(3520 %)-----(22 %)
Profit(32.2m)(67.6m)(47.5m)(78.1m)(75.3m)(104m)157m
% profit margin(3729 %)-----47 %
EV / revenue164.0x-----0.5x
EV / EBITDA-4.7x-1.9x-1.6x-2.8x-1.8x-2.4x-2.1x
R&D budget3.3m17.6m26.1m32.4m---
R&D % of revenue382 %------
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DateInvestorsAmountRound
N/A

N/A

IPO

CAD3.5m

Seed

CAD45.0m

Series B
N/A

CAD34.5m

Post IPO Equity
*

CAD41.0m

Post IPO Equity
*
N/A

$30.0m

Post IPO Equity
*

$150m

Private Placement VC
Total Funding$186m

Recent News about Cybin

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More about Cybininfo icon
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Cybin Inc. is a biopharmaceutical company focused on developing psychedelic-based therapies to address mental health disorders. The company operates in the pharmaceutical and healthcare markets, targeting conditions such as Major Depressive Disorder, Alcohol Use Disorder, Generalized Anxiety Disorder, and Neuroinflammation. Cybin's business model revolves around advancing its drug programs through rigorous preclinical and clinical studies, with the goal of obtaining FDA approval for its innovative treatments. The company generates revenue through the development and commercialization of its proprietary drug candidates, supported by a robust intellectual property portfolio with 50 granted or pending patent applications across six patent families. Cybin serves patients, healthcare providers, and the broader mental health community by offering groundbreaking therapeutic options. The company's scientific leadership boasts extensive experience in psychiatry, addiction, and psychedelics, having overseen 60 IND programs with the FDA and contributed to the development of multiple commercially available prescription drugs. Cybin is also committed to advancing psychedelic facilitation training to promote supportive healing in clinical settings.

Keywords: psychedelic therapies, mental health, biopharmaceutical, Major Depressive Disorder, Alcohol Use Disorder, Generalized Anxiety Disorder, Neuroinflammation, FDA approval, clinical studies, intellectual property.

Tech stack

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

Investments by Cybin

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Small Pharma
ACQUISITION by Cybin Aug 2023
Adelia Therapeutics
ACQUISITION by Cybin Dec 2020