NGM Biopharmaceuticals Inc (OQ:NGM)

Business Focus: Bio Therapeutic Drugs

Sector:  Healthcare Industry:  Biotechnology & Medical Research
 
See Regulatory Filings on SEC
Company Contact
Address: 333 Oyster Point Blvd
SOUTH SAN FRANCISCO CA 94080-1978
Tel: N/A
Website: https://www.ngmbio.com
IR: See website
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Key People
David V. Goeddel
Chairman of the Board
Marc Learned
Executive Director, Research Operations
Jeffrey D. Jonker
President
William J. Rieflin
Chief Executive Officer, Director
Jin-Long Chen
Founder, Chief Scientific Officer, Director
David J. Woodhouse
Chief Financial Officer
Alex M. DePaoli
Vice President - Clinical Research
Wenyan Shen
Vice President - Biologics
Hui Tian
Vice President - Research
Trombley Wun
Vice President - Business Development
   
Business Overview
NGM Biopharmaceuticals, Inc.is a clinical-stage biopharmaceutical company developing novel therapeutics for the cardio-metabolic, liver, oncologic and ophthalmic diseases. The Company's product candidates include NGM282, NGM313, NGM386, NGM395, NGM120, NGM217 and NGM621. NGM282 is an engineered variant of the human hormone known as FGF19, which the Company is developing for the treatment of non-alcoholic steatohepatitis (NASH). NGM313 is an agonistic antibody selectively activating fibroblast growth factor receptor 1c-beta-klotho and has the potential as an insulin sensitizer for the treatment of type two diabetes and NASH. NGM386 and NGM395 are engineered variants of the human hormone known as GDF15, which is developed for the treatment of obesity. NGM120 is an antagonistic antibody binding glial cell-derived neurotrophic factor receptor alpha-like, or GFRAL, that is designed to inhibit the effects of elevated GDF15 levels on cancer anorexia/cachexia syndrome, and cancer.
Financial Overview
For the three months ended 31 March 2019, NGM Biopharmaceuticals Inc revenues increased 37% to $25.6M. Net loss increased from $3.9M to $8.3M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Research and development - Balancin increase of 55% to $28.1M (expense), General and administrative - Balanci increase of 42% to $4.2M (expense).
Employees: 164 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $1,054M as of Mar 31, 2019
Annual revenue (TTM): $115.60M as of Mar 31, 2019
EBITDA (TTM): -$1.50M as of Mar 31, 2019
Net annual income (TTM): -$4.82M as of Mar 31, 2019
Free cash flow (TTM): -$21.81M as of Mar 31, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 66,021,863 as of May 10, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization