Viridian Therapeutics, Inc.\DEVRDN

NasdaqHealthcarePharmaceutical Preparations
Price (close)
$20.66
Market cap
$2.3B
P/E
—
Revenue (TTM)
$71.1M
Net income
-$387.0M
Dividend yield
—
1-year total return
8.3%
Net margin
-544.1%
Revenue growth
23220.3%
Debt / equity
0.03x

What Viridian Therapeutics, Inc.\DE does.

We are a biopharmaceutical company focused on discovering, developing, and commercializing potential best-in-class medicines for serious and rare diseases. We target therapeutic areas in which current treatments leave room for improvements in efficacy, safety, and/or dosing convenience. We believe there is significant potential in these areas, for better medicines that address unmet needs, improve outcomes, and expand treatment options for patients. We aim to develop differentiated, potential best-in-class medicines that could lead to improved patient outcomes, reduced side effects, improved quality of life, and expanded market access.

Our pipeline targets validated pathways and disease-driving mechanisms in autoimmune and rare diseases. These include product candidates directed at the insulin-like growth factor 1 receptor (“IGF‑1R”) for the treatment of thyroid eye disease (“TED”), inhibitors of the neonatal Fc receptor (“FcRn”) with potential application across multiple autoimmune disorders, and a TSHR inhibitor program with potential in TED and Graves’ disease. We develop therapeutics through internal research and discovery, as well as through in-licensing opportunities that align with our strategic focus. Our capabilities span protein and antibody discovery and engineering, biologics manufacturing, nonclinical and clinical development, commercial planning, and commercialization in these therapeutic areas.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$1.1M$3.0M$1.8M$314,000$302,000$70.8M
Net income-$110.7M-$79.4M-$129.9M-$237.7M-$269.9M-$342.6M
Free cash flow-$29.8M-$54.9M-$94.6M-$185.1M-$232.8M-$276.9M

More on VRDN.

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