Flamingo Therapeutics NV

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Flamingo Therapeutics NV - overview

Established

2020

Location

Leuven, -, Belgium

Primary Industry

Biotechnology

About

Based in Belgium, and founded in 2020, Flamingo Therapeutics NV operates as an RNA (ribonucleic acid) therapeutics company. The company was founded by VIB, Ghent University, KU Leuven, the University of Michigan, Kurma Partners, and PMV. In March 2023, Dynacure SA, a portfolio company of Andera Partners, CDC Enterprises, Perceptive Advisors, and Tekla Capital Management, agreed to merge with Flamingo Therapeutics and will continue to operate under the Flamingo Therapeutics brand. As of 2023, the company’s president and CEO is Stéphane van Rooijen.


Flamingo Therapeutics offers a drug development platform, which is a biotech platform that develops RNA-based therapeutics for cancer patients. The company’s pipeline programs include Danvatirsen, a drug that targets STAT-3, and FTX-001, a drug that targets MALAT1. In addition, the company provides FLAME (Flamingo LncRNA Antisense Mining Engine), which is a long non-coding RNA platform that develops drugs for diseases like cancer.


Current Investors

PMV, Kurma Partners, CDC Enterprises

Primary Industry

Biotechnology

Sub Industries

Biopharmaceuticals, Molecular Science, Genetics & Gene Therapy

Website

www.flamingotx.com

Verticals

HealthTech

Total Amount Raised

Subscriber access only

Flamingo Therapeutics NV - financials

Fiscal Year EndedDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025
Revenue (USD)------
% Revenue Growth (YoY)------
EBITDA (USD)(981,292)(260,988)(695,544)---
Operating Income (USD)(1,207,409)(2,409,768)(7,386,206)---
Operating Margin------
% EBITDA Margin------
NET Income (USD)(1,142,597)(2,417,249)(7,341,353)---
% Net Margin------

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