The table below compares all 300 Biotechnology companies on 4 financial metrics.
| # | Ticker | Company | Market Capitalization | P/E | P/S | Enterprise Value |
|---|---|---|---|---|---|---|
| 1 | VRTX | Vertex Pharmaceuticals Inc / Ma | 139.13 Bn | 0.00 Bn | 11.05 | 131.28 Bn |
| 2 | REGN | Regeneron Pharmaceuticals, Inc. | 85.77 Bn | 0.00 Bn | 5.52 | 77.77 Bn |
| 3 | ARGX | Argenx Se | 64.64 Bn | 0.00 Bn | 12.37 | 59.46 Bn |
| 4 | MRNA | Moderna, Inc. | 58.29 Bn | 0.00 Bn | 26.16 | 53.16 Bn |
| 5 | ONC | BeOne Medicines Ltd. | 41.92 Bn | 0.00 Bn | 6.84 | 36.82 Bn |
| 6 | ALNY | Alnylam Pharmaceuticals, Inc. | 31.58 Bn | 0.00 Bn | 6.57 | 28.28 Bn |
| 7 | BNTX | BioNTech SE | 28.12 Bn | 0.00 Bn | 8.47 | 9.73 Bn |
| 8 | INSM | INSMED Inc | 27.39 Bn | 0.00 Bn | 24.07 | 26.22 Bn |
| 9 | RPRX | Royalty Pharma plc | 27.27 Bn | 0.00 Bn | 10.75 | 26.43 Bn |
| 10 | ROIV | Roivant Sciences Ltd. | 26.20 Bn | 0.00 Bn | 2,398.96 | 26.20 Bn |
| 11 | INCY | Incyte Corp | 25.63 Bn | 0.00 Bn | 4.40 | 21.10 Bn |
| 12 | ASND | Ascendis Pharma A/S | 16.34 Bn | 0.00 Bn | 11.53 | 15.39 Bn |
| 13 | JAZZ | Jazz Pharmaceuticals plc | 16.07 Bn | 0.00 Bn | 3.49 | 14.45 Bn |
| 14 | BBIO | BridgeBio Pharma, Inc. | 15.97 Bn | 0.00 Bn | 22.39 | 15.25 Bn |
| 15 | MDGL | Madrigal Pharmaceuticals, Inc. | 15.03 Bn | 0.00 Bn | 11.70 | 14.19 Bn |
| 16 | EXEL | Exelixis, Inc. | 13.56 Bn | 0.00 Bn | 5.57 | 12.72 Bn |
| 17 | BMRN | Biomarin Pharmaceutical Inc | 12.93 Bn | 0.00 Bn | 3.80 | 12.06 Bn |
| 18 | CORT | Corcept Therapeutics Inc | 12.89 Bn | 0.00 Bn | 15.52 | 12.59 Bn |
| 19 | HALO | Halozyme Therapeutics, Inc. | 12.69 Bn | 0.00 Bn | 7.63 | 12.46 Bn |
| 20 | ARWR | Arrowhead Pharmaceuticals, Inc. | 12.50 Bn | 0.00 Bn | 18.67 | 10.90 Bn |
| 21 | KYMR | Kymera Therapeutics, Inc. | 11.78 Bn | 0.00 Bn | 112.23 | 11.09 Bn |
| 22 | TECH | BIO-TECHNE Corp | 11.31 Bn | 0.00 Bn | 9.34 | 11.10 Bn |
| 23 | PRAX | Praxis Precision Medicines, Inc. | 10.96 Bn | 0.00 Bn | — | 10.20 Bn |
| 24 | AXSM | Axsome Therapeutics, Inc. | 10.79 Bn | 0.00 Bn | 18.42 | 10.47 Bn |
| 25 | GPCR | Structure Therapeutics Inc. | 10.77 Bn | 0.00 Bn | — | 10.77 Bn |
| 26 | KRYS | Krystal Biotech, Inc. | 10.26 Bn | 0.00 Bn | 23.30 | 9.42 Bn |
| 27 | SMMT | Summit Therapeutics Inc. | 10.22 Bn | — | — | 9.53 Bn |
| 28 | PTGX | Protagonist Therapeutics, Inc | 10.21 Bn | 0.00 Bn | 37.06 | 10.21 Bn |
| 29 | CYTK | Cytokinetics Inc | 10.18 Bn | 0.00 Bn | 150.50 | 9.02 Bn |
| 30 | APGE | Apogee Therapeutics, Inc. | 10.17 Bn | 0.00 Bn | — | 9.19 Bn |
| 31 | IONS | Ionis Pharmaceuticals Inc | 9.88 Bn | 0.00 Bn | 14.58 | 7.83 Bn |
| 32 | IMVT | Immunovant, Inc. | 9.16 Bn | 0.00 Bn | — | 9.16 Bn |
| 33 | NUVL | Nuvalent, Inc. | 9.10 Bn | 0.00 Bn | — | 9.10 Bn |
| 34 | ABVX | Abivax S.A. | 9.08 Bn | 0.00 Bn | — | 9.08 Bn |
| 35 | PCVX | Vaxcyte, Inc. | 9.05 Bn | 0.00 Bn | — | 9.05 Bn |
| 36 | SYRE | Spyre Therapeutics, Inc. | 9.02 Bn | 0.00 Bn | — | 9.02 Bn |
| 37 | CRNX | Crinetics Pharmaceuticals, Inc. | 8.94 Bn | 0.00 Bn | 212.13 | 8.94 Bn |
| 38 | IBRX | ImmunityBio, Inc. | 8.16 Bn | 0.00 Bn | 49.24 | 7.81 Bn |
| 39 | TGTX | Tg Therapeutics, Inc. | 7.80 Bn | 0.00 Bn | 9.76 | 7.12 Bn |
| 40 | RYTM | Rhythm Pharmaceuticals, Inc. | 7.55 Bn | 0.00 Bn | 31.47 | 7.22 Bn |
| 41 | CAI | Caris Life Sciences, Inc. | 7.44 Bn | 0.00 Bn | 7.52 | 6.65 Bn |
| 42 | SRRK | Scholar Rock Holding Corp | 7.38 Bn | 0.00 Bn | — | 7.38 Bn |
| 43 | CGON | CG Oncology, Inc. | 7.04 Bn | 0.00 Bn | 1,130.40 | 7.04 Bn |
| 44 | BLRX | BioLineRx Ltd. | 6.93 Bn | 0.00 Bn | 5,870.69 | 6.93 Bn |
| 45 | ORKA | Oruka Therapeutics, Inc. | 6.78 Bn | — | — | 5.05 Bn |
| 46 | BLTE | Belite Bio, Inc | 6.46 Bn | -215.48 Bn | — | 6.46 Bn |
| 47 | COGT | Cogent Biosciences, Inc. | 6.29 Bn | 0.00 Bn | — | 6.29 Bn |
| 48 | DBVT | DBV Technologies S.A. | 6.29 Bn | 0.00 Bn | 1,252.93 | 6.11 Bn |
| 49 | TVTX | Travere Therapeutics, Inc. | 6.15 Bn | 0.00 Bn | -410.89 | 6.15 Bn |
| 50 | MIRM | Mirum Pharmaceuticals, Inc. | 6.09 Bn | 0.00 Bn | 9.86 | 5.65 Bn |
| 51 | XENE | Xenon Pharmaceuticals Inc. | 6.06 Bn | 0.00 Bn | — | 6.06 Bn |
| 52 | PTCT | Ptc Therapeutics, Inc. | 5.80 Bn | 0.00 Bn | 5.75 | 3.57 Bn |
| 53 | CRSP | CRISPR Therapeutics AG | 5.75 Bn | 0.00 Bn | 429.35 | 5.75 Bn |
| 54 | LGND | Ligand Pharmaceuticals Inc | 5.74 Bn | 0.00 Bn | 19.75 | 4.38 Bn |
| 55 | ERAS | Erasca, Inc. | 5.49 Bn | 0.00 Bn | — | 5.49 Bn |
| 56 | CELC | Celcuity Inc. | 5.15 Bn | 0.00 Bn | — | 5.15 Bn |
| 57 | ACAD | Acadia Pharmaceuticals Inc | 5.06 Bn | 0.00 Bn | 4.45 | 4.11 Bn |
| 58 | DFTX | Definium Therapeutics, Inc. | 4.98 Bn | 0.00 Bn | — | 4.98 Bn |
| 59 | EWTX | Edgewise Therapeutics, Inc. | 4.76 Bn | 0.00 Bn | — | 4.76 Bn |
| 60 | DNLI | Denali Therapeutics Inc. | 4.67 Bn | 0.00 Bn | 1,296.23 | 4.67 Bn |
| 61 | DNTH | Dianthus Therapeutics, Inc. /DE/ | 4.19 Bn | 0.00 Bn | — | 3.79 Bn |
| 62 | MANE | Veradermics, Inc | 4.17 Bn | 0.00 Bn | — | 4.17 Bn |
| 63 | KZIA | Kazia Therapeutics Ltd | 4.16 Bn | — | — | 4.16 Bn |
| 64 | LEGN | Legend Biotech Corp | 4.07 Bn | 0.00 Bn | 3.20 | 3.40 Bn |
| 65 | RLAY | Relay Therapeutics, Inc. | 3.94 Bn | 0.00 Bn | 380.91 | 3.94 Bn |
| 66 | VKTX | Viking Therapeutics, Inc. | 3.94 Bn | 0.00 Bn | — | 3.94 Bn |
| 67 | ELVN | Enliven Therapeutics, Inc. | 3.93 Bn | 0.00 Bn | — | 3.93 Bn |
| 68 | CPRX | CATALYST PHARMACEUTICALS, INC. | 3.85 Bn | 0.00 Bn | 6.45 | 3.09 Bn |
| 69 | TLX | Telix Pharmaceuticals Ltd | 3.83 Bn | 0.00 Bn | 5.11 | 3.69 Bn |
| 70 | RCUS | Arcus Biosciences, Inc. | 3.80 Bn | 0.00 Bn | 32.46 | 3.10 Bn |
| 71 | IOVA | Iovance Biotherapeutics, Inc. | 3.70 Bn | 0.00 Bn | 11.38 | 3.40 Bn |
| 72 | IDYA | IDEAYA Biosciences, Inc. | 3.65 Bn | 0.00 Bn | 15.59 | 2.82 Bn |
| 73 | TNGX | Tango Therapeutics, Inc. | 3.56 Bn | 0.00 Bn | 66.11 | 2.54 Bn |
| 74 | ABCL | AbCellera Biologics Inc. | 3.46 Bn | 0.00 Bn | 52.27 | 3.46 Bn |
| 75 | NAMS | NewAmsterdam Pharma Co N.V. | 3.45 Bn | 0.00 Bn | 483.80 | 3.45 Bn |
| 76 | ARQT | Arcutis Biotherapeutics, Inc. | 3.28 Bn | 0.00 Bn | 7.07 | 3.04 Bn |
| 77 | IMNM | Immunome Inc. | 3.23 Bn | 0.00 Bn | 593.06 | 2.71 Bn |
| 78 | QURE | uniQure N.V. | 3.20 Bn | 0.00 Bn | 171.25 | 3.20 Bn |
| 79 | TARS | Tarsus Pharmaceuticals, Inc. | 3.15 Bn | 0.00 Bn | 5.20 | 2.70 Bn |
| 80 | MBX | MBX Biosciences, Inc. | 3.15 Bn | 0.00 Bn | — | 3.15 Bn |
| 81 | CLDX | Celldex Therapeutics, Inc. | 3.14 Bn | 0.00 Bn | 19,886.15 | 3.14 Bn |
| 82 | BEAM | Beam Therapeutics Inc. | 3.10 Bn | 0.00 Bn | 19.87 | 3.10 Bn |
| 83 | IRON | Disc Medicine, Inc. | 3.06 Bn | 0.00 Bn | — | 3.06 Bn |
| 84 | ALMS | Alumis Inc. | 3.06 Bn | 0.00 Bn | 367.90 | 2.56 Bn |
| 85 | NRIX | Nurix Therapeutics, Inc. | 2.99 Bn | 0.00 Bn | 81.25 | 2.54 Bn |
| 86 | ZLAB | Zai Lab Ltd | 2.91 Bn | 0.00 Bn | 6.46 | 2.20 Bn |
| 87 | TRVI | Trevi Therapeutics, Inc. | 2.83 Bn | 0.00 Bn | — | 2.83 Bn |
| 88 | XTLB | Xtl Biopharmaceuticals Ltd | 2.82 Bn | 0.00 Bn | -5,136.26 | 2.82 Bn |
| 89 | RARE | Ultragenyx Pharmaceutical Inc. | 2.64 Bn | 0.00 Bn | 3.68 | 2.34 Bn |
| 90 | SLS | SELLAS Life Sciences Group, Inc. | 2.63 Bn | 0.00 Bn | — | 2.63 Bn |
| 91 | VRDN | Viridian Therapeutics, Inc.\DE | 2.63 Bn | 0.00 Bn | 36.92 | 2.63 Bn |
| 92 | PGEN | Precigen, Inc. | 2.56 Bn | 0.00 Bn | 29.92 | 2.56 Bn |
| 93 | OCUL | Ocular Therapeutix, Inc | 2.51 Bn | 0.00 Bn | 48.27 | 2.51 Bn |
| 94 | RVMDW | Revolution Medicines, Inc. | 2.45 Bn | 0.00 Bn | — | 2.45 Bn |
| 95 | NKTR | Nektar Therapeutics | 2.44 Bn | 0.00 Bn | 44.63 | 1.75 Bn |
| 96 | NUVB | Nuvation Bio Inc. | 2.42 Bn | 0.00 Bn | 14.24 | 2.42 Bn |
| 97 | KOD | Kodiak Sciences Inc. | 2.39 Bn | 0.00 Bn | — | 2.39 Bn |
| 98 | PHVS | Pharvaris N.V. | 2.37 Bn | 0.00 Bn | — | 2.00 Bn |
| 99 | URGN | UroGen Pharma Ltd. | 2.36 Bn | 0.00 Bn | 12.52 | 2.26 Bn |
| 100 | VERA | Vera Therapeutics, Inc. | 2.33 Bn | 0.00 Bn | — | 2.33 Bn |
| 101 | RAPP | Rapport Therapeutics, Inc. | 2.29 Bn | 0.00 Bn | 114.39 | 2.29 Bn |
| 102 | TSHA | Taysha Gene Therapies, Inc. | 2.24 Bn | 0.00 Bn | 1,849.79 | 2.24 Bn |
| 103 | ADMA | Adma Biologics, Inc. | 2.24 Bn | 0.00 Bn | 4.31 | 2.10 Bn |
| 104 | HRMY | Harmony Biosciences Holdings, Inc. | 2.21 Bn | 0.00 Bn | 2.30 | 1.40 Bn |
| 105 | MESO | Mesoblast Ltd | 2.20 Bn | — | — | 2.07 Bn |
| 106 | MLYS | Mineralys Therapeutics, Inc. | 2.19 Bn | 0.00 Bn | — | 2.19 Bn |
| 107 | VCEL | Vericel Corp | 2.18 Bn | 0.00 Bn | 7.12 | 2.02 Bn |
| 108 | AUPH | Aurinia Pharmaceuticals Inc. | 2.17 Bn | 0.00 Bn | 6.95 | 1.72 Bn |
| 109 | GMAB | Genmab A/S | 2.16 Bn | 0.00 Bn | 0.34 | 0.66 Bn |
| 110 | BHVN | Biohaven Ltd. | 2.12 Bn | 0.00 Bn | — | 1.85 Bn |
| 111 | STOK | Stoke Therapeutics, Inc. | 2.11 Bn | 0.00 Bn | 76.50 | 1.82 Bn |
| 112 | XNCR | Xencor Inc | 2.11 Bn | 0.00 Bn | 20.10 | 1.73 Bn |
| 113 | ZYME | Zymeworks Inc. | 2.08 Bn | 0.00 Bn | 56.11 | 1.81 Bn |
| 114 | PVLA | Palvella Therapeutics, Inc. | 2.03 Bn | 0.00 Bn | — | 1.72 Bn |
| 115 | ZBIO | Zenas BioPharma, Inc. | 2.00 Bn | 0.00 Bn | 2,003.50 | 2.00 Bn |
| 116 | SRPT | Sarepta Therapeutics, Inc. | 1.99 Bn | 0.00 Bn | 1.01 | 1.20 Bn |
| 117 | AGIO | Agios Pharmaceuticals, Inc. | 1.96 Bn | 0.00 Bn | 19.98 | 1.96 Bn |
| 118 | LKFT | Lakefront Biotherapeutics NV | 1.90 Bn | 0.00 Bn | 1.65 | -0.70 Bn |
| 119 | GHRS | GH Research PLC | 1.89 Bn | 0.00 Bn | — | 1.54 Bn |
| 120 | DMRA | Damora Therapeutics, Inc. | 1.88 Bn | 0.00 Bn | — | 1.34 Bn |
| 121 | IMCR | Immunocore Holdings plc | 1.87 Bn | 0.00 Bn | 4.35 | 0.99 Bn |
| 122 | RXRX | Recursion Pharmaceuticals, Inc. | 1.87 Bn | 0.00 Bn | 34.02 | 1.32 Bn |
| 123 | SEPN | Septerna, Inc. | 1.81 Bn | 0.00 Bn | 18.34 | 1.81 Bn |
| 124 | SNDX | Syndax Pharmaceuticals Inc | 1.74 Bn | 0.00 Bn | 6.91 | 1.19 Bn |
| 125 | FTRE | Fortrea Holdings Inc. | 1.74 Bn | 0.00 Bn | 0.65 | 1.57 Bn |
| 126 | MAZE | Maze Therapeutics, Inc. | 1.74 Bn | 0.00 Bn | 86.86 | 1.74 Bn |
| 127 | TYRA | Tyra Biosciences, Inc. | 1.72 Bn | 0.00 Bn | — | 1.72 Bn |
| 128 | NTLA | Intellia Therapeutics, Inc. | 1.72 Bn | 0.00 Bn | 28.85 | 1.72 Bn |
| 129 | ANAB | Anaptysbio, Inc | 1.66 Bn | 0.00 Bn | 9.61 | 1.37 Bn |
| 130 | VIR | Vir Biotechnology, Inc. | 1.64 Bn | 0.00 Bn | 5.39 | 1.64 Bn |
| 131 | INBX | Inhibrx Biosciences, Inc. | 1.62 Bn | 0.00 Bn | 1,249.42 | 1.62 Bn |
| 132 | BCAX | Bicara Therapeutics Inc. | 1.62 Bn | 0.00 Bn | — | 1.62 Bn |
| 133 | ATAI | AtaiBeckley Inc. | 1.61 Bn | 0.00 Bn | 531.28 | 1.61 Bn |
| 134 | AAPG | Ascentage Pharma Group International | 1.55 Bn | 0.00 Bn | 20.50 | 1.20 Bn |
| 135 | INVA | Innoviva, Inc. | 1.55 Bn | 0.00 Bn | 3.69 | 0.97 Bn |
| 136 | ORIC | Oric Pharmaceuticals, Inc. | 1.53 Bn | 0.00 Bn | — | 1.53 Bn |
| 137 | OKYO | OKYO Pharma Ltd | 1.52 Bn | 0.00 Bn | — | 1.52 Bn |
| 138 | ABSI | Absci Corp | 1.50 Bn | 0.00 Bn | 961.88 | 1.30 Bn |
| 139 | NVAX | Novavax Inc | 1.47 Bn | 0.00 Bn | 3.56 | 0.75 Bn |
| 140 | ANRO | Alto Neuroscience, Inc. | 1.47 Bn | 0.00 Bn | — | 1.47 Bn |
| 141 | GLUE | Monte Rosa Therapeutics, Inc. | 1.44 Bn | 0.00 Bn | 11.36 | 0.81 Bn |
| 142 | LBRX | Lb Pharmaceuticals Inc | 1.44 Bn | 0.00 Bn | — | 1.44 Bn |
| 143 | REPL | Replimune Group, Inc. | 1.43 Bn | 0.00 Bn | — | 1.43 Bn |
| 144 | SVRA | Savara Inc | 1.41 Bn | 0.00 Bn | — | 1.41 Bn |
| 145 | OMER | Omeros Corp | 1.39 Bn | 0.00 Bn | 36.26 | 1.39 Bn |
| 146 | AVBP | ArriVent BioPharma, Inc. | 1.39 Bn | 0.00 Bn | — | 1.39 Bn |
| 147 | DYN | Dyne Therapeutics, Inc. | 1.36 Bn | 0.00 Bn | — | 1.36 Bn |
| 148 | SLDB | Solid Biosciences Inc. | 1.33 Bn | 0.00 Bn | — | 1.33 Bn |
| 149 | CRVS | Corvus Pharmaceuticals, Inc. | 1.33 Bn | 0.00 Bn | — | 1.12 Bn |
| 150 | CGEM | Cullinan Therapeutics, Inc. | 1.33 Bn | 0.00 Bn | — | 1.33 Bn |
| 151 | CLYM | Climb Bio, Inc. | 1.32 Bn | 0.00 Bn | — | 1.32 Bn |
| 152 | MGTX | MeiraGTx Holdings plc | 1.30 Bn | 0.00 Bn | 3.25 | 1.16 Bn |
| 153 | JBIO | Jade Biosciences, Inc. | 1.30 Bn | 0.00 Bn | — | 1.30 Bn |
| 154 | MNKD | Mannkind Corp | 1.28 Bn | 0.00 Bn | 3.25 | 1.17 Bn |
| 155 | MRVI | Maravai Lifesciences Holdings, Inc. | 1.28 Bn | 0.00 Bn | 6.13 | 1.21 Bn |
| 156 | VOR | Vor Biopharma Inc. | 1.28 Bn | 0.00 Bn | — | 1.28 Bn |
| 157 | IMTX | Immatics N.V. | 1.21 Bn | 0.00 Bn | 23.75 | 0.76 Bn |
| 158 | MLTX | MoonLake Immunotherapeutics | 1.16 Bn | 0.00 Bn | — | 0.63 Bn |
| 159 | SANA | Sana Biotechnology, Inc. | 1.16 Bn | 0.00 Bn | — | 1.16 Bn |
| 160 | OLMA | Olema Pharmaceuticals, Inc. | 1.12 Bn | 0.00 Bn | — | 1.12 Bn |
| 161 | FDMT | 4D Molecular Therapeutics, Inc. | 1.11 Bn | 0.00 Bn | 12.02 | 0.74 Bn |
| 162 | CBIO | Crescent Biopharma, Inc. | 1.10 Bn | 0.00 Bn | 1,063.16 | 0.93 Bn |
| 163 | JANX | Janux Therapeutics, Inc. | 1.09 Bn | 0.00 Bn | 45.46 | 1.09 Bn |
| 164 | WVE | Wave Life Sciences, Inc. | 1.08 Bn | 0.00 Bn | 16.56 | 0.71 Bn |
| 165 | KURA | Kura Oncology, Inc. | 1.06 Bn | 0.00 Bn | 13.69 | 1.06 Bn |
| 166 | ABUS | Arbutus Biopharma Corp | 1.03 Bn | 0.00 Bn | 5.67 | 0.94 Bn |
| 167 | ANNX | Annexon, Inc. | 1.02 Bn | 0.00 Bn | — | 1.02 Bn |
| 168 | LXRX | Lexicon Pharmaceuticals, Inc. | 1.01 Bn | 0.00 Bn | 24.27 | 0.82 Bn |
| 169 | CADL | Candel Therapeutics, Inc. | 0.97 Bn | 0.00 Bn | — | 0.97 Bn |
| 170 | ARDX | Ardelyx, Inc. | 0.96 Bn | 0.00 Bn | 2.81 | 0.68 Bn |
| 171 | STTK | Shattuck Labs, Inc. | 0.96 Bn | 0.00 Bn | 960.37 | 0.96 Bn |
| 172 | DSGN | Design Therapeutics, Inc. | 0.94 Bn | 0.00 Bn | — | 0.74 Bn |
| 173 | ACRS | Aclaris Therapeutics, Inc. | 0.92 Bn | 0.00 Bn | 111.49 | 0.92 Bn |
| 174 | MNPR | Monopar Therapeutics | 0.91 Bn | 0.00 Bn | — | 0.85 Bn |
| 175 | SGP | SpyGlass Pharma, Inc. | 0.89 Bn | 0.00 Bn | — | 0.89 Bn |
| 176 | TBPH | Theravance Biopharma, Inc. | 0.88 Bn | 0.00 Bn | 8.43 | 0.49 Bn |
| 177 | IVA | Inventiva S.A. | 0.88 Bn | 0.00 Bn | 176.26 | 0.88 Bn |
| 178 | NGNE | Neurogene Inc. | 0.87 Bn | 0.00 Bn | — | 0.87 Bn |
| 179 | IMMX | Immix Biopharma, Inc. | 0.87 Bn | 0.00 Bn | — | 0.87 Bn |
| 180 | AVTX | Avalo Therapeutics, Inc. | 0.86 Bn | 0.00 Bn | — | 0.86 Bn |
| 181 | RIGL | Rigel Pharmaceuticals Inc | 0.85 Bn | 0.00 Bn | 3.08 | 0.76 Bn |
| 182 | PHAR | Pharming Group N.V. | 0.81 Bn | 0.00 Bn | 0.00 | 0.65 Bn |
| 183 | OCS | Oculis Holding AG | 0.80 Bn | 0.00 Bn | — | 0.51 Bn |
| 184 | DRUG | Bright Minds Biosciences Inc. | 0.76 Bn | 0.00 Bn | — | 0.54 Bn |
| 185 | ACHV | Achieve Life Sciences, Inc. | 0.75 Bn | — | — | 0.75 Bn |
| 186 | ZURA | Zura Bio Ltd | 0.74 Bn | 0.00 Bn | — | 0.74 Bn |
| 187 | PHAT | Phathom Pharmaceuticals, Inc. | 0.74 Bn | 0.00 Bn | 3.09 | 0.55 Bn |
| 188 | AURA | Aura Biosciences, Inc. | 0.74 Bn | 0.00 Bn | — | 0.67 Bn |
| 189 | BBOT | BridgeBio Oncology Therapeutics, Inc. | 0.73 Bn | 0.00 Bn | — | 0.50 Bn |
| 190 | CTMX | CytomX Therapeutics, Inc. | 0.72 Bn | 0.00 Bn | 39.18 | 0.39 Bn |
| 191 | TECX | Tectonic Therapeutic, Inc. | 0.71 Bn | 0.00 Bn | — | 0.71 Bn |
| 192 | ZVRA | Zevra Therapeutics, Inc. | 0.70 Bn | 0.00 Bn | 5.17 | 0.48 Bn |
| 193 | IMUX | Immunic, Inc. | 0.69 Bn | 0.00 Bn | — | 0.69 Bn |
| 194 | GYRE | Gyre Therapeutics, Inc. | 0.69 Bn | 0.00 Bn | 5.81 | 0.64 Bn |
| 195 | VSTM | Verastem, Inc. | 0.69 Bn | 0.00 Bn | 7.88 | 0.55 Bn |
| 196 | ALLO | Allogene Therapeutics, Inc. | 0.69 Bn | 0.00 Bn | 147.81 | 0.69 Bn |
| 197 | HELP | Cybin Inc. | 0.66 Bn | — | — | 0.49 Bn |
| 198 | ANL | Adlai Nortye Ltd. | 0.65 Bn | 0.00 Bn | 78.36 | 0.52 Bn |
| 199 | PRLD | Prelude Therapeutics Inc | 0.65 Bn | 0.00 Bn | 29.13 | 0.37 Bn |
| 200 | ASMB | Assembly Biosciences, Inc. | 0.65 Bn | 0.00 Bn | 8.65 | 0.33 Bn |
| 201 | CRMD | CorMedix Inc. | 0.65 Bn | 0.00 Bn | 1.72 | 0.39 Bn |
| 202 | CTNM | Contineum Therapeutics, Inc. | 0.64 Bn | 0.00 Bn | — | 0.64 Bn |
| 203 | AUTL | Autolus Therapeutics plc | 0.64 Bn | 0.00 Bn | 5.72 | 0.44 Bn |
| 204 | MDXG | Mimedx Group, Inc. | 0.64 Bn | 0.00 Bn | 1.80 | 0.50 Bn |
| 205 | SLN | Silence Therapeutics plc | 0.62 Bn | 0.00 Bn | 1,016.16 | 0.55 Bn |
| 206 | BNTC | Benitec Biopharma Inc. | 0.62 Bn | 0.00 Bn | — | 0.62 Bn |
| 207 | ARVN | Arvinas, Inc. | 0.60 Bn | 0.00 Bn | 1.91 | 0.04 Bn |
| 208 | PRME | Prime Medicine, Inc. | 0.60 Bn | 0.00 Bn | 146.42 | 0.60 Bn |
| 209 | VALN | Valneva SE | 0.59 Bn | 0.00 Bn | 3.53 | 0.45 Bn |
| 210 | ALT | Altimmune, Inc. | 0.58 Bn | 0.00 Bn | — | 0.58 Bn |
| 211 | RGNX | REGENXBIO Inc. | 0.57 Bn | 0.00 Bn | 3.00 | 0.46 Bn |
| 212 | OABI | OmniAb, Inc. | 0.56 Bn | 0.00 Bn | 14.53 | 0.51 Bn |
| 213 | OVID | Ovid Therapeutics Inc. | 0.55 Bn | 0.00 Bn | 348.63 | 0.43 Bn |
| 214 | NVCT | Nuvectis Pharma, Inc. | 0.55 Bn | 0.00 Bn | — | 0.55 Bn |
| 215 | SPRY | ARS Pharmaceuticals, Inc. | 0.55 Bn | 0.00 Bn | 5.65 | 0.40 Bn |
| 216 | SGMT | Sagimet Biosciences Inc. | 0.55 Bn | 0.00 Bn | — | 0.55 Bn |
| 217 | ADXN | Addex Therapeutics Ltd. | 0.53 Bn | 0.00 Bn | — | 0.53 Bn |
| 218 | RZLT | Rezolute, Inc. | 0.53 Bn | 0.00 Bn | — | 0.53 Bn |
| 219 | CCCC | C4 Therapeutics, Inc. | 0.52 Bn | 0.00 Bn | 14.86 | 0.27 Bn |
| 220 | RLMD | Relmada Therapeutics, Inc. | 0.52 Bn | 0.00 Bn | — | 0.52 Bn |
| 221 | KYTX | Kyverna Therapeutics, Inc. | 0.51 Bn | 0.00 Bn | — | 0.51 Bn |
| 222 | MPLT | MapLight Therapeutics, Inc. | 0.51 Bn | 0.00 Bn | — | 0.51 Bn |
| 223 | FHTX | Foghorn Therapeutics Inc. | 0.51 Bn | 0.00 Bn | 13.81 | 0.44 Bn |
| 224 | XFOR | X4 Pharmaceuticals, Inc | 0.51 Bn | 0.00 Bn | 33.57 | 0.31 Bn |
| 225 | EVMN | Evommune, Inc. | 0.50 Bn | 0.00 Bn | 50.25 | 0.30 Bn |
| 226 | PRTA | Prothena Corp Public Ltd Co | 0.49 Bn | 0.00 Bn | 9.01 | 0.20 Bn |
| 227 | PBYI | Puma Biotechnology, Inc. | 0.47 Bn | 0.00 Bn | 2.05 | 0.38 Bn |
| 228 | CNTN | Canton Strategic Holdings, Inc. | 0.47 Bn | 0.00 Bn | 303.00 | 0.47 Bn |
| 229 | CABA | Cabaletta Bio, Inc. | 0.47 Bn | 0.00 Bn | — | 0.47 Bn |
| 230 | OCGN | Ocugen, Inc. | 0.47 Bn | 0.00 Bn | 102.42 | 0.37 Bn |
| 231 | EYPT | EyePoint, Inc. | 0.46 Bn | 0.00 Bn | 165.39 | 0.28 Bn |
| 232 | DNA | Ginkgo Bioworks Holdings, Inc. | 0.46 Bn | 0.00 Bn | 4.11 | 0.37 Bn |
| 233 | CMPX | Compass Therapeutics, Inc. | 0.45 Bn | 0.00 Bn | — | 0.45 Bn |
| 234 | PALI | Palisade Bio, Inc. | 0.44 Bn | 0.00 Bn | 889.92 | 0.32 Bn |
| 235 | AVIR | Atea Pharmaceuticals, Inc. | 0.44 Bn | 0.00 Bn | — | 0.44 Bn |
| 236 | LRMR | Larimar Therapeutics, Inc. | 0.43 Bn | 0.00 Bn | — | 0.28 Bn |
| 237 | ARTV | Artiva Biotherapeutics, Inc. | 0.43 Bn | 0.00 Bn | — | 0.43 Bn |
| 238 | IPSC | Century Therapeutics, Inc. | 0.42 Bn | 0.00 Bn | — | 0.16 Bn |
| 239 | IKT | Inhibikase Therapeutics, Inc. | 0.42 Bn | 0.00 Bn | — | 0.26 Bn |
| 240 | LXEO | Lexeo Therapeutics, Inc. | 0.42 Bn | 0.00 Bn | — | 0.42 Bn |
| 241 | VTVT | vTv Therapeutics Inc. | 0.41 Bn | 0.00 Bn | 11.18 | 0.41 Bn |
| 242 | ENTA | Enanta Pharmaceuticals Inc | 0.40 Bn | 0.00 Bn | 6.07 | 0.21 Bn |
| 243 | WHWK | Whitehawk Therapeutics, Inc. | 0.39 Bn | 0.00 Bn | — | 0.39 Bn |
| 244 | IRD | Opus Genetics, Inc. | 0.39 Bn | 0.00 Bn | 39.43 | 0.30 Bn |
| 245 | ELDN | Eledon Pharmaceuticals, Inc. | 0.39 Bn | 0.00 Bn | — | 0.39 Bn |
| 246 | FENC | Fennec Pharmaceuticals Inc. | 0.39 Bn | 0.00 Bn | 7.21 | 0.35 Bn |
| 247 | DRTSW | Alpha Tau Medical Ltd. | 0.38 Bn | 0.00 Bn | — | 0.20 Bn |
| 248 | ARCT | Arcturus Therapeutics Holdings Inc. | 0.38 Bn | 0.00 Bn | 13.03 | 0.19 Bn |
| 249 | EPRX | Eupraxia Pharmaceuticals Inc. | 0.38 Bn | 0.00 Bn | — | 0.38 Bn |
| 250 | UPB | Upstream Bio, Inc. | 0.38 Bn | 0.00 Bn | 120.09 | 0.38 Bn |
| 251 | CAPR | Capricor Therapeutics, Inc. | 0.36 Bn | 0.00 Bn | — | 0.36 Bn |
| 252 | LYEL | Lyell Immunopharma, Inc. | 0.36 Bn | 0.00 Bn | 13,326.13 | 0.36 Bn |
| 253 | DMAC | DiaMedica Therapeutics Inc. | 0.35 Bn | 0.00 Bn | — | 0.35 Bn |
| 254 | CLLS | Cellectis S.A. | 0.35 Bn | 0.00 Bn | 5.93 | 0.18 Bn |
| 255 | ABEO | Abeona Therapeutics Inc. | 0.35 Bn | 0.00 Bn | 13.64 | 0.20 Bn |
| 256 | STRO | Sutro Biopharma, Inc. | 0.35 Bn | 0.00 Bn | 3.87 | 0.18 Bn |
| 257 | IMRX | Immuneering Corp | 0.34 Bn | 0.00 Bn | — | 0.34 Bn |
| 258 | OBIO | Orchestra BioMed Holdings, Inc. | 0.34 Bn | 0.00 Bn | 10.70 | 0.15 Bn |
| 259 | AGEN | Agenus Inc | 0.33 Bn | 0.00 Bn | 2.50 | 0.33 Bn |
| 260 | QTTB | Q32 Bio Inc. | 0.33 Bn | 0.00 Bn | — | 0.22 Bn |
| 261 | TRDA | Entrada Therapeutics, Inc. | 0.32 Bn | 0.00 Bn | 68.66 | 0.32 Bn |
| 262 | IVVD | Invivyd, Inc. | 0.32 Bn | 0.00 Bn | 5.66 | 0.16 Bn |
| 263 | VNDA | Vanda Pharmaceuticals Inc. | 0.32 Bn | 0.00 Bn | 1.47 | 0.15 Bn |
| 264 | YDES | YD Bio Ltd | 0.31 Bn | 0.00 Bn | 530.19 | 0.31 Bn |
| 265 | BCYC | Bicycle Therapeutics Plc | 0.30 Bn | 0.00 Bn | 4.94 | 0.30 Bn |
| 266 | PROK | Prokidney Corp. | 0.30 Bn | 0.00 Bn | 369.02 | 0.30 Bn |
| 267 | SABS | SAB Biotherapeutics, Inc. | 0.30 Bn | 0.00 Bn | — | 0.30 Bn |
| 268 | NMRA | Neumora Therapeutics, Inc. | 0.30 Bn | 0.00 Bn | — | 0.30 Bn |
| 269 | ACIU | AC Immune SA | 0.30 Bn | 0.00 Bn | 13.40 | 0.30 Bn |
| 270 | RNAC | Cartesian Therapeutics, Inc. | 0.30 Bn | 0.00 Bn | 200.70 | 0.30 Bn |
| 271 | FULC | Fulcrum Therapeutics, Inc. | 0.29 Bn | 0.00 Bn | — | 0.29 Bn |
| 272 | AVXL | Anavex Life Sciences Corp. | 0.29 Bn | 0.00 Bn | — | 0.16 Bn |
| 273 | ADAG | Adagene Inc. | 0.28 Bn | 0.00 Bn | 32.66 | 0.28 Bn |
| 274 | TTRX | Turn Therapeutics Inc. | 0.28 Bn | 0.00 Bn | — | 0.28 Bn |
| 275 | FATE | Fate Therapeutics Inc | 0.28 Bn | 0.00 Bn | 43.31 | 0.28 Bn |
| 276 | EDIT | Editas Medicine, Inc. | 0.28 Bn | 0.00 Bn | — | 0.13 Bn |
| 277 | SRZN | Surrozen, Inc./DE | 0.28 Bn | 0.00 Bn | 24.36 | 0.28 Bn |
| 278 | NWBO | Northwest Biotherapeutics Inc | 0.28 Bn | 0.00 Bn | 128.49 | 0.28 Bn |
| 279 | ALXO | Alx Oncology Holdings Inc | 0.28 Bn | 0.00 Bn | — | 0.28 Bn |
| 280 | ZNTL | Zentalis Pharmaceuticals, Inc. | 0.27 Bn | 0.00 Bn | — | 0.27 Bn |
| 281 | LCTX | Lineage Cell Therapeutics, Inc. | 0.27 Bn | 0.00 Bn | 20.69 | 0.21 Bn |
| 282 | CYDY | CytoDyn Inc. | 0.26 Bn | 0.00 Bn | — | 0.26 Bn |
| 283 | CAMP | Camp4 Therapeutics Corp | 0.26 Bn | 0.00 Bn | 61.69 | 0.26 Bn |
| 284 | ANTX | AN2 Therapeutics, Inc. | 0.26 Bn | 0.00 Bn | — | 0.26 Bn |
| 285 | MGNX | Macrogenics Inc | 0.26 Bn | 0.00 Bn | 1.55 | 0.15 Bn |
| 286 | EQ | Equillium, Inc. | 0.26 Bn | 0.00 Bn | — | 0.26 Bn |
| 287 | PRQR | ProQR Therapeutics N.V. | 0.26 Bn | 0.00 Bn | 12.00 | -0.13 Bn |
| 288 | ALEC | Alector, Inc. | 0.26 Bn | 0.00 Bn | 18.49 | 0.08 Bn |
| 289 | LIMN | Liminatus Pharma, Inc. | 0.26 Bn | 0.00 Bn | — | 0.26 Bn |
| 290 | NAGE | Niagen Bioscience, Inc. | 0.26 Bn | 0.00 Bn | 1.98 | 0.19 Bn |
| 291 | CGEN | Compugen Ltd | 0.25 Bn | 0.00 Bn | 3.41 | 0.16 Bn |
| 292 | GALT | Galectin Therapeutics Inc | 0.24 Bn | 0.00 Bn | — | 0.24 Bn |
| 293 | GLSI | Greenwich LifeSciences, Inc. | 0.24 Bn | 0.00 Bn | — | 0.24 Bn |
| 294 | SION | Sionna Therapeutics, Inc. | 0.24 Bn | 0.00 Bn | — | 0.24 Bn |
| 295 | TARA | Protara Therapeutics, Inc. | 0.23 Bn | 0.00 Bn | — | 0.23 Bn |
| 296 | KRRO | Korro Bio, Inc. | 0.23 Bn | 0.00 Bn | 97.30 | 0.12 Bn |
| 297 | DTIL | Precision Biosciences Inc | 0.23 Bn | 0.00 Bn | 5.07 | 0.14 Bn |
| 298 | ABOS | Acumen Pharmaceuticals, Inc. | 0.23 Bn | 0.00 Bn | — | 0.23 Bn |
| 299 | NERV | Minerva Neurosciences, Inc. | 0.23 Bn | 0.00 Bn | — | 0.23 Bn |
| 300 | SLGL | Sol-Gel Technologies Ltd. | 0.23 Bn | 0.00 Bn | 12.19 | 0.21 Bn |