FibroGen, Inc.

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FibroGen, Inc. - overview

Established

1993

Location

San Francisco, CA, US

Primary Industry

Biotechnology

About

FibroGen, Inc. is a US-based biopharmaceutical company dedicated to developing innovative therapies for serious medical conditions, particularly focusing on anemia and cancer treatment. FibroGen, Inc. , founded in 1993, is primarily engaged in biopharmaceutical research and development, with headquarters in San Francisco, US.


The company's founder, Rory Riggs, has a background in biotechnology and has been involved in the establishment of other companies. In November 2014, FibroGen raised USD 62. 00 mn through a PIPE funding round led by AstraZeneca, marking a significant milestone in its funding history. FibroGen, Inc.


specializes in developing therapies for conditions such as anemia and pancreatic cancer. Their primary products include Roxadustat for treating anemia related to chronic kidney disease and chemotherapy-induced anemia, and FG-3246, which is in the clinical trial phase. These products target specific biological pathways to enhance treatment outcomes for patients. FibroGen markets its offerings in the US and China, serving healthcare institutions and pharmacies to ensure access to their therapies.


In the most recent fiscal year 2024, FibroGen reported a revenue of USD 29. 62 mn and an EBITDA of USD -147. 72 mn. The company generates revenue through the sales of its pharmaceutical products and collaborations, primarily focusing on its flagship product, Roxadustat, to address the anemia market.


FibroGen plans to expand its product line through the development of new therapies, aiming to launch FG-3246 in upcoming phases. The company is targeting expansion into additional markets within Asia and Europe, looking to establish a foothold by 2025. The funding raised in the latest PIPE round will be used to support these initiatives and enhance their research capabilities.


Current Investors

Sigma Capital Group, T Rowe Price, Daiwa Corporate Investment

Primary Industry

Biotechnology

Sub Industries

Biopharmaceuticals, Pharmaceutical Research & Development

Website

www.fibrogen.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

FibroGen, Inc. - financials

Fiscal Year EndedDec 31, 2014Dec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025
Revenue (USD)137,601,000180,828,000179,577,000125,668,000212,958,000256,577,000176,319,000235,309,000140,734,000---
% Revenue Growth (YoY)-31.4%(0.7%)(30.0%)69.5%20.5%(31.3%)33.5%(40.2%)---
EBITDA (USD)(44,974,000)(68,949,000)(44,885,000)(114,666,000)(80,173,000)(71,527,000)(169,833,000)(273,721,000)(290,421,000)---
Operating Income (USD)(50,102,000)(77,625,000)(53,654,000)(122,609,000)(86,693,000)(89,314,000)(191,880,000)(288,530,000)(301,025,000)---
Operating Margin(36.4%)(42.9%)(29.9%)(97.6%)(40.7%)(34.8%)(108.8%)(122.6%)(213.9%)---
% EBITDA Margin(32.7%)(38.1%)(25.0%)(91.2%)(37.6%)(27.9%)(96.3%)(116.3%)(206.4%)---
NET Income (USD)(59,504,000)(85,779,000)(61,680,000)(126,203,000)(86,420,000)(76,970,000)(189,291,000)(290,023,000)(293,654,000)---
% Net Margin(43.2%)(47.4%)(34.3%)(100.4%)(40.6%)(30.0%)(107.4%)(123.3%)(208.7%)---

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