Cara Therapeutics

Cara Therapeutics

Biotechnology company focused on developing therapeutics to treat diseases associated with pain and inflammation. Learn more

Launch date
Employees
Market cap
€13.5m
Enterprise valuation
(€31m) (Public information from Sep 2024)
Company register number SC277874
Stamford Connecticut (HQ), Glasgow Scotland (founding location)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues135m23.0m41.9m21.0m6.6m7.4m8.0m
% growth579 %(83 %)82 %(50 %)(69 %)13 %9 %
EBITDA5.6m(89.1m)(87.5m)(118m)(67.5m)(47.5m)(48.7m)
% EBITDA margin4 %(387 %)(209 %)(561 %)(1027 %)(642 %)(607 %)
Profit8.4m(88.4m)(85.5m)(119m)(73.4m)(44.3m)(39.9m)
% profit margin6 %(384 %)(204 %)(565 %)(1118 %)(599 %)(497 %)
EV / revenue5.6x21.0x10.3x-2.9x6.3x13.3x0.1x
EV / EBITDA134.8x-5.4x-4.9x0.5x-0.6x-2.1x-0.0x
R&D budget108m82.7m91.9m109m---
R&D % of revenue80 %359 %219 %518 %---

Source: Dealroom estimates

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DateInvestorsAmountRound
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N/A

-
*

N/A

Spinout

$4.7m

Series B

$24.0m

Series C

$12.3m

Series C

$15.0m

Series D
*

$4.8m

Series D
N/A

N/A

IPO
N/A

$100k

Post IPO Equity
N/A

$80.5m

Post IPO Equity
N/A

$92.1m

Post IPO Equity
N/A

$98.3m

Post IPO Equity
*
N/A

$146m

Post IPO Equity
*

$40.0m

Post IPO Debt
Total Funding€55.3m

Recent News about Cara Therapeutics

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More about Cara Therapeuticsinfo icon
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Cara Therapeutics is a clinical-stage biotechnology company focused on developing and commercializing innovative therapies for the treatment of pruritus (itching) and pain. The company primarily serves patients suffering from chronic kidney disease (CKD), chronic liver disease (CLD), and atopic dermatitis (AD), which are conditions often associated with severe pruritus. Operating in the biopharmaceutical market, Cara Therapeutics employs a business model centered around research and development (R&D) of new pharmaceutical products, followed by clinical trials and regulatory approvals. Revenue is generated through partnerships, licensing agreements, and eventual product sales upon market approval. The company aims to address significant unmet medical needs by providing effective and safe treatments for conditions that currently have limited therapeutic options.

Keywords: biotechnology, pruritus, pain management, chronic kidney disease, chronic liver disease, atopic dermatitis, clinical trials, pharmaceutical development, innovative therapies, biopharmaceutical market.

Tech stack

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