Acer Therapeutics
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|---|---|
Revenues | 1.3m | - | - | 1.3m | - | 8.7m | 48.4m |
% growth | - | - | - | - | - | - | 459 % |
EBITDA | (21.7m) | (29.9m) | (22.7m) | (16.0m) | (24.8m) | - | - |
% EBITDA margin | (1721 %) | - | - | (1270 %) | - | - | - |
Profit | (21.3m) | (29.4m) | (22.9m) | (15.4m) | (26.2m) | - | - |
% profit margin | (1689 %) | - | - | (1220 %) | - | - | - |
R&D budget | 12.5m | 13.9m | 11.8m | 6.5m | 11.9m | - | - |
R&D % of revenue | 988 % | - | - | 517 % | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | N/A | IPO | |
N/A | $2.1m | Post IPO Debt | |
$8.1m | Post IPO Equity | ||
N/A | Acquisition | ||
N/A | $15.7m | Post IPO Equity | |
* | N/A | $40.0m | Post IPO Equity |
$48.5m | Post IPO Debt | ||
* | N/A | $2.7m | Post IPO Equity |
* | $1.0m | Post IPO Debt | |
* | $91.0m | Acquisition | |
Total Funding | - |
Recent News about Acer Therapeutics
EditAcer Therapeutics is a biopharmaceutical company dedicated to developing therapies for patients with serious, rare, and life-threatening diseases. The company focuses on obtaining FDA approval for its treatments, ensuring they meet the highest standards of safety and efficacy. Acer's lead program targets vascular Ehlers-Danlos Syndrome, a rare genetic disorder affecting connective tissue. Additionally, Acer is developing ACER-001, a potential first-in-class therapy for Maple Syrup Urine Disease (MSUD) and Urea Cycle Disorder (UCD), both of which are metabolic disorders that can lead to severe health complications if untreated.
Acer operates in the biopharmaceutical market, primarily serving patients, healthcare providers, and families affected by rare diseases. The company's business model revolves around research and development (R&D) of novel therapies, followed by regulatory approval and commercialization. Revenue is generated through the sale of approved therapies and potential partnerships or licensing agreements with larger pharmaceutical companies.
Keywords: biopharmaceutical, rare diseases, FDA approval, vascular Ehlers-Danlos Syndrome, ACER-001, Maple Syrup Urine Disease, Urea Cycle Disorder, patient support, metabolic disorders, novel therapies.