Name | Value |
---|---|
Revenues | 0.4M |
Cost of Revenue | 11.6M |
Gross Profit | -11.2M |
Operating Expense | 16.3M |
Operating I/L | -15.9M |
Other Income/Expense | -1.2M |
Interest Income | 1.1M |
Pretax | -16.0M |
Income Tax Expense | 0.0M |
Net Income/Loss | -16.0M |
Molecular Partners AG is a clinical-stage biopharmaceutical company specializing in the discovery, development, and commercialization of therapeutic proteins. The company's product candidates include Abicipar for the treatment of neovascular wet age-related macular degeneration and diabetic macular edema, as well as MP0420 for the SARS-CoV-2 virus. Additionally, it develops products for immuno-oncology, tumor-localized immune agonists, and HER2-positive cancers. Molecular Partners AG has collaborations with Novartis AG, Amgen SA, Allergan, Inc., and AbbVie Inc. The company generates revenue through the development, manufacturing, and commercialization of its DARPin-conjugated radioligand therapies and other therapeutic protein products.