Sector: Healthcare | Industry: Biotechnology & Medical Research |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 350 5th Ave Ste 7530 NEW YORK NY 10118-7501 |
Tel: | N/A |
Website: | https://www.rocketpharma.com |
IR: | See website |
Key People | ||
Roderick Wong Chairman of the Board | Jonathan Schwartz Chief Medical and Gene Therapy Officer | Kinnari Patel President, Chief Operating Officer, Head of Research and Development |
Gaurav D. Shah Chief Executive Officer, Director | Aaron Ondrey Chief Financial Officer, Principal Financial Officer | Mayo Pujols Executive Vice President, Chief Technical Officer |
Raj Prabhakar Senior Vice President, Chief Business Officer | John Militello Principal Accounting Officer, Vice President - Finance, Senior Controller, Treasurer | Martin L. Wilson General Counsel, Chief Corporate Officer | Mark White General Manager - Commercial Affairs |
Business Overview |
Rocket Pharmaceuticals, Inc. is a fully integrated, late-stage biotechnology company. The Company is advancing a sustainable pipeline of investigational genetic therapies designed to correct the root cause of complex and rare disorders. Its lentiviral (LV) vector-based gene therapies target hematologic diseases and consist of late-stage programs for Fanconi Anemia, a difficult to treat genetic disease that leads to bone marrow failure and potentially cancer, Leukocyte Adhesion Deficiency-I (LAD-I), a severe pediatric genetic disorder that causes recurrent and life-threatening infections which are frequently fatal, and Pyruvate Kinase Deficiency (PKD), a monogenic red blood cell disorder resulting in increased red cell destruction and mild to life-threatening anemia. It also has two clinical stages and one pre-clinical stage in vivo adeno-associated virus (AAV) programs, including programs for Danon disease, Plakophilin-2 Arrhythmogenic Cardiomyopathy and BAG3 Dilated Cardiomyopathy. |
Financial Overview |
For the three months ended 31 March 2024, Rocket Pharmaceuticals Inc revenues was not reported. Net loss increased 6% to $62.1M. Higher net loss reflects General and administrative - Balancing increase of 54% to $16.5M (expense), Stock-based Compensation in R&D increase of 21% to $4.6M (expense), Stock-based Compensation in SGA increase of 10% to $5.6M (expense). |
Employees: | 268 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $1,728M as of Mar 31, 2024 |
Annual revenue (TTM): | $0.00M as of Mar 31, 2024 |
EBITDA (TTM): | -$253.96M as of Mar 31, 2024 |
Net annual income (TTM): | -$249.31M as of Mar 31, 2024 |
Free cash flow (TTM): | -$209.70M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 90,782,211 as of May 1, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |