Tenaya Therapeutics, Inc.TNYA

NasdaqHealthcareBiological Products, (No Diagnostic Substances)
Price (close)
$0.62
Market cap
$139.0M
P/E
—
Revenue (TTM)
—
Net income
-$103.1M
Dividend yield
—
1-year total return
-58.4%
Net margin
—
Revenue growth
—
Debt / equity
—

What Tenaya Therapeutics, Inc. does.

We are a clinical-stage biotechnology company committed to a bold mission: to discover, develop and deliver potentially curative therapies that address the underlying drivers of heart disease.

Heart disease remains the leading cause of death in the world. In the U.S., one person dies from a cardiovascular-related health condition every 34 seconds, a gruesome statistic that translates to one in every three deaths in the U.S each year. One in 20 adults suffer from congenital heart disease (CHD) and the picture is equally bleak at the other end of the age spectrum, as approximately 40,000 children are born in the U.S every year with CHD, the leading cause of birth defect-related morbidity and mortality. While there is a clear need for improved treatments, the rate of cardiovascular drug product approvals has declined in recent years and few of the approved treatments address the underlying cause of such diseases.

Our collective understanding of the links between heart disease and genetic factors is increasing dramatically, creating new opportunities for the advancement of novel disease-modifying therapeutics that target the underlying cause of disease. Roughly one-third to one-half of all heart diseases are linked to genetic risks, regardless of major racial and ethnic backgrounds, and there are over 250 known genetically defined disorders where the primary source of morbidity and mortality involves the heart. Leveraging this improved understanding of the genetic causes of heart disease, as well as an increased recognition that precision medicine initiatives may accelerate the advancement of scientific breakthroughs, our vision is to change the treatment paradigm for heart disease and in doing so, improve and extend the lives of patients.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Net income-$38.4M-$72.7M-$123.7M-$124.1M-$111.1M-$90.6M
Free cash flow-$45.2M-$85.9M-$125.1M-$103.3M-$91.5M-$68.9M

More on TNYA.

Figures from Tenaya Therapeutics, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.