Angion Biomedica

Angion Biomedica

Clinical stage organ restoration biopharmaceutical company focused on renal disease. Learn more

Launch date
Employees
Market cap
AUD465m
Enterprise valuation
AUD421m (Public information from Jun 2023)
Hempstead New York (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD20182019202020212022
Revenues4.0m1.5m2.9m28.3m2.3m
% growth-(63 %)94 %883 %(92 %)
EBITDA(14.3m)(38.1m)(54.6m)(38.5m)(29.4m)
% EBITDA margin(356 %)(2562 %)(1897 %)(136 %)(1280 %)
Profit(20.0m)(40.7m)(80.1m)(54.6m)(38.8m)
% profit margin(497 %)(2734 %)(2781 %)(193 %)(1687 %)
R&D budget12.6m29.8m39.0m48.7m18.1m
R&D % of revenue313 %2007 %1353 %172 %787 %
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DateInvestorsAmountRound
-

N/A

-

$4.9m

Grant

$4.4m

Grant

$8.9m

Grant

$632k

Grant
*

$150k

Grant
N/A

$4.4m

Seed

$1.3m

Grant

$442k

Grant
N/A

$15.0m

Early VC

$4.8m

Grant
N/A

N/A

Early VC
N/A

N/A

IPO
*

N/A

Acquisition
Total FundingAUD69.5m

Recent News about Angion Biomedica

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More about Angion Biomedicainfo icon
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Angion Biomedica Corp is a late-stage clinical company focused on developing small molecules aimed at treating acute organ injury and chronic fibrosis. The company's lead product, ANG-3777, is designed to activate the HGF c-Met pathway, a critical mechanism in organ repair. Angion's primary market includes patients suffering from acute kidney injury related to kidney transplantation and acute lung injury associated with COVID-19 pneumonia. The business model revolves around advancing its clinical trials to achieve regulatory approval, thereby enabling commercialization and partnerships with healthcare providers and pharmaceutical companies. Revenue is generated through the development and potential future sales of its therapeutic products, as well as possible licensing agreements. Angion operates in the biopharmaceutical sector, targeting unmet medical needs in organ injury and fibrosis.

Keywords: small molecules, acute organ injury, chronic fibrosis, kidney injury, lung injury, HGF c-Met pathway, clinical trials, biopharmaceutical, organ repair, therapeutic products.

Tech stack

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

Investments by Angion Biomedica

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