Third Harmonic Bio
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
EBITDA | (11.1m) | (19.0m) | (37.7m) | (43.9m) | (47.6m) | (69.4m) | (94.8m) |
Profit | (12.8m) | (29.6m) | (35.2m) | (30.8m) | (45.8m) | (65.9m) | (82.3m) |
EV / EBITDA | - | - | 3.0x | -4.0x | -5.1x | -2.5x | -2.0x |
R&D budget | 10.0m | 15.7m | 24.4m | 24.0m | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
* | $50.0m | Series A | |
* | $105m | Series B | |
* | N/A | $185m | IPO |
Total Funding | $155m |
Related Content
Recent News about Third Harmonic Bio
EditThird Harmonic Bio, Inc. is a clinical-stage biopharmaceutical company dedicated to developing novel therapeutics for inflammatory diseases affecting the skin, respiratory system, and gastrointestinal tract. The company focuses on advancing THB335, a highly selective, oral small molecule wild type KIT inhibitor, aimed at treating chronic urticaria, severe asthma, and other mast cell-mediated inflammatory conditions. Third Harmonic Bio operates within the biopharmaceutical market, primarily serving patients suffering from these chronic conditions. The business model revolves around the research, development, and eventual commercialization of its proprietary treatments. Revenue generation is expected through the successful development and market introduction of its therapeutic products. The company is committed to improving patient outcomes by providing innovative and effective treatment options.
Keywords: biopharmaceutical, inflammatory diseases, KIT inhibitor, chronic urticaria, severe asthma, mast cell, THB335, novel therapeutics, clinical-stage, targeted treatment.