Nektar Therapeutics

Nektar Therapeutics

Clinical-stage biopharmaceutical company developing a pipeline of drug candidates. Learn more

Launch date
Employees
Market cap
AUD356m
Enterprise valuation
AUD110m (Public information from Sep 2024)
San Carlos California (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues153m102m92.1m90.1m77.4m64.8m65.9m
% growth33 %(33 %)(10 %)(2 %)(14 %)(16 %)2 %
EBITDA(347m)(454m)(221m)(115m)(146m)(148m)(168m)
% EBITDA margin(227 %)(445 %)(240 %)(127 %)(189 %)(229 %)(256 %)
Profit(444m)(524m)(368m)(276m)(167m)(182m)(193m)
% profit margin(291 %)(514 %)(400 %)(306 %)(215 %)(281 %)(293 %)
EV / revenue13.0x17.3x-0.9x0.8x1.9x0.3x3.6x
EV / EBITDA-5.7x-3.9x0.4x-0.6x-1.0x-0.1x-1.4x
R&D budget409m400m218m114m---
R&D % of revenue267 %393 %237 %127 %---

Source: Dealroom estimates

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DateInvestorsAmountRound
N/A

N/A

IPO

N/A

-

$25.0m

Post IPO Equity
N/A

$20.0m

Post IPO Equity
N/A

$850m

Post IPO Equity
Total Funding-

Recent News about Nektar Therapeutics

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More about Nektar Therapeuticsinfo icon
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Nektar Therapeutics, headquartered in San Francisco, CA, is a biopharmaceutical company specializing in the development of innovative therapies for cancer, autoimmune diseases, and chronic pain. The company operates in the healthcare sector, focusing on creating drugs that modulate the immune system to treat severe medical conditions. Nektar's primary clients include healthcare providers, hospitals, and research institutions that are involved in treating patients with complex diseases.

Nektar's business model revolves around research and development (R&D) of new drugs, followed by clinical trials to test their efficacy and safety. The company collaborates with other pharmaceutical firms to enhance its drug development process. For instance, Nektar has entered into a collaboration with SFJ Pharmaceuticals to develop Bempegaldesleukin, an IL-2 pathway agonist, for treating head and neck cancer. Additionally, they have partnered with Merck to combine Bempegaldesleukin with Merck's pembrolizumab for advanced studies in squamous cell carcinoma of the head and neck (SCCHN).

The company generates revenue through licensing agreements, milestone payments, and royalties from its developed drugs. Licensing agreements allow other companies to use Nektar's drug formulations in exchange for upfront payments and royalties on sales. Milestone payments are received when the company achieves specific goals in the drug development process, such as successful clinical trial phases or regulatory approvals.

Nektar's market includes the global pharmaceutical and biotechnology sectors, with a particular focus on oncology (cancer treatment) and immunology (immune system-related diseases). The company aims to address unmet medical needs by providing new treatment options that improve patient outcomes.

In summary, Nektar Therapeutics is a key player in the biopharmaceutical industry, leveraging its expertise in immune modulation to develop cutting-edge therapies for serious diseases. The company’s strategic collaborations and robust R&D pipeline position it well for future growth and innovation.

Keywords: Biopharmaceutical, Cancer, Autoimmune, Chronic Pain, Drug Development, Clinical Trials, Immunotherapy, Collaboration, Licensing, Revenue.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Nektar Therapeutics

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Pearl Therapeutics
ACQUISITION by AstraZeneca Jun 2013
Shearwater Corp.
ACQUISITION by Nektar Therapeutics Jul 2001