| Annual · values | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross Margin | — | — | — |
| Operating Margin | -90740.63% | -86.24% | — |
| EBITDA Margin | -89640.63% | -83.71% | — |
| Net Margin | -86687.50% | -60.03% | — |
| Current Ratio | 3.74 | 11.46 | 4.85 |
| Quick Ratio | 3.74 | 11.46 | 4.85 |
| Debt / Equity | — | — | — |
| ROE | -132.16% | -16.96% | -61.19% |
| ROA | -98.94% | -15.43% | -48.76% |
| Asset Turnover | 0.00 | 0.26 | 0.00 |
| Book Value / Share | 0.75 | 1.67 | 1.84 |
Connect Biopharma Holdings Ltd. is a global clinical-stage biopharmaceutical company focused on developing innovative therapies for T cell-driven inflammatory diseases. Headquartered in San Diego, California with operations in the United States and China, the company builds a pipeline of proprietary small molecules and antibodies using functional T cell assays to identify and validate therapeutic targets. Its lead product candidate, rademikibart, is an antibody targeting interleukin-4 receptor alpha currently in Phase 3 clinical development for atopic dermatitis and asthma. The company's second product candidate, icanbelimod, is an oral small molecule modulator of Sphingosine 1-Phosphate Receptor 1 in Phase 2 development for ulcerative colitis and Crohn's disease. Connect Biopharma aims to improve treatment outcomes for patients with chronic inflammatory conditions by leveraging advanced immunological research and targeted drug development strategies.