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Annual · values202520242023
Gross Margin
Operating Margin-90740.63%-86.24%
EBITDA Margin-89640.63%-83.71%
Net Margin-86687.50%-60.03%
Current Ratio3.7411.464.85
Quick Ratio3.7411.464.85
Debt / Equity
ROE-132.16%-16.96%-61.19%
ROA-98.94%-15.43%-48.76%
Asset Turnover0.000.260.00
Book Value / Share0.751.671.84

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.