Engitix

Engitix

Rethinking Drug Discovery for Fibrosis and Cancer - To create a healthier future for patients with life-threatening diseases, we are using our pioneering human extracellular matrix (ECM)-based discovery platform to develop a portfolio of programmes in fibrosis and solid tumours. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$216—324m (Dealroom.co estimates Jan 2022.)
Company register number 10290441
London England (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues<1m<1m2.4m2.8m6.2m11.4m11.5m
% growth-73 %330 %18 %119 %84 %2 %
EBITDA(<1m)(<1m)-(1.9m)(3.6m)--
% EBITDA margin(5 %)(37 %)-(69 %)(59 %)--
Profit(<1m)(<1m)-(1.8m)(2.9m)--
% profit margin(10 %)(39 %)-(64 %)(48 %)--
R&D budget-<1m-----
R&D % of revenue-90 %-----

Source: Dealroom estimates

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DateInvestorsAmountRound

N/A

Spinout
N/A

£5.0m

Series A
*

$54.0m

Series A
Total Funding$60.6m

Recent News about Engitix

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More about Engitixinfo icon
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Engitix is a biotechnology company focused on transforming drug discovery for fibrosis and cancer using its pioneering human extracellular matrix (ECM) based platform. The company operates in the life sciences market, specifically targeting pharmaceutical and biotechnology sectors. Engitix's core business model revolves around developing in vitro models that closely mimic the natural human cell environment, thereby increasing the accuracy and success rate of identifying new therapeutic targets and mechanisms of action. The company collaborates with pharmaceutical and biotech partners to maximize the potential of its discovery platform, creating a diversified portfolio of programs aimed at treating fibrosis and solid tumors. Revenue is generated through partnerships, licensing agreements, and potentially future product sales. Engitix's innovative approach aims to create a healthier future for patients with life-threatening diseases by improving the efficacy and success rate of drug discovery.

Keywords: ECM-based platform, drug discovery, fibrosis, cancer, in vitro models, therapeutic targets, biotech partnerships, pharmaceutical, life sciences, solid tumors.

Tech stack

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