Mar. 22 at 5:00 PM
The attachment lists all commercial-stage non-oncoloy focused bios with FDA approvals between 1/1/2018 & 12/31/2023 noting market cap, actual FY25 revenues & gross margin, 5-year analyst consensus & related revenue multiples.
$OCUL is now down 50% its recent high after rejected an enhanced Sanofi offer for more than
$16 a share. OCUL FY25 represents Dextenza sales only. The growth is anticipated from Axpaxli that has a Phase 3 reading soon.
$HRMY trades at the lowest multiple of FY26 consensus (but has an imminent patent cliff...offset by multiple late-stage reads).
$ARDX continues to trade at the lowest multiples in any commercial-stage peer group
$XERS hit
$10 a share last Halloween & is off 45% since
$APLS appears a head scratcher.
This is not investment advice.