Lava Therapeutics

Lava Therapeutics

Creates and develops next generation γδ T cell engaging bispecific antibodies for the treatment of cancer. Learn more

Launch date
Employees
Market cap
€40.3m
Enterprise valuation
(€33m) (Public information from Sep 2024)
Company register number 65335740
Utrecht Utrecht (HQ), Amsterdam North Holland (founding location)

Financials

Estimates*

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Revenues, earnings & profits over time
EUR201920202021202220232024
Revenues-3.9m5.0m17.6m6.2m3.2m
% growth--28 %253 %(65 %)(48 %)
EBITDA(9.3m)(15.2m)(44.4m)(31.7m)(35.2m)-
% EBITDA margin-(389 %)(887 %)(180 %)(573 %)-
Profit(9.7m)(16.7m)(45.3m)(29.0m)(38.2m)-
% profit margin-(426 %)(907 %)(165 %)(620 %)-
R&D budget8.3m16.8m37.2m36.5m30.7m-
R&D % of revenue-428 %744 %207 %500 %-
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DateInvestorsAmountRound
N/A

€1.0m

Seed

€16.0m

Early VC

€71.0m

Series C
N/A

$100m

Valuation: $380m

88.2x EV/LTM Revenues

-22.6x EV/LTM EBITDA

IPO
Total Funding€88.0m

Recent News about Lava Therapeutics

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More about Lava Therapeuticsinfo icon
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LAVA Therapeutics is a biotechnology company focused on developing innovative cancer therapies using gamma delta T cell engagers. The company operates in the biopharmaceutical market, targeting oncology patients with its novel platform that generates bispecific gamma delta T cell engager (bsTCE) therapeutics. These therapeutics activate a unique subset of T cells called Vgamma9 Vdelta2 T cells, which have shown potent and specific activation and killing of patient-derived tumor cells in preclinical studies. LAVA Therapeutics primarily serves healthcare providers and patients in the oncology sector. The company's business model revolves around research and development, clinical trials, and eventual commercialization of its bsTCE therapeutics. Revenue is generated through partnerships, licensing agreements, and future sales of approved therapies.

Keywords: biotechnology, cancer therapy, gamma delta T cells, bsTCE, oncology, Vgamma9 Vdelta2, therapeutics, biopharmaceutical, innovation, preclinical studies.

Tech stack

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