Viridian Therapeutics, Inc. engages in discovering, developing, and commercializing treatments for serious and rare diseases. The company’s product pipeline includes veligrotug, a monoclonal antibody targeting insulin-like growth factor-1 receptor that is in Phase 3 clinical trial for the treatment of thyroid eye disease (TED); and VRDN-003, a next generation IGF-1R monoclonal antibodies targeting IGF-1R and engineered of half-life extension technology, which is in Phase 3 clinical trial for the treatment of TED. It also develops portfolio of engineered anti-neonatal Fc receptor inhibitors, such as VRDN-006 and VRDN-008 for autoimmune disease. The company was formerly known as Miragen Therapeutics, Inc. and changed its name to Viridian Therapeutics, Inc. in January 2021.Viridian Therapeutics, Inc. was founded in 2010 and is headquartered in Waltham, Massachusetts.
TED Market Disrupto | Viridian Therapeutics challenges the thyroid eye disease treatment landscape with VRDN-001, poised to compete against Amgen's Tepezza |
Pipeline Promise | Explore Viridian's diverse portfolio, including subcutaneous formulations and FcRn inhibitors, positioning the company for long-term growth beyond TED |
Financial Fortitude | Learn about Viridian's robust financial health, with a cash runway extending into 2027 and a remarkable current ratio of 18.55 |
Analyst Optimism | Delve into analyst perspectives, with price targets ranging from $22 to $61, reflecting potential upside for this pre-revenue biotech company |
Metrics to compare | VRDN | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipVRDNPeersSector | |
---|---|---|---|---|
P/E Ratio | −6.0x | −4.5x | −0.5x | |
PEG Ratio | 0.38 | −0.02 | 0.00 | |
Price/Book | 3.5x | 2.6x | 2.6x | |
Price / LTM Sales | 4,849.6x | 28.7x | 3.2x | |
Upside (Analyst Target) | 124.1% | 141.4% | 41.9% | |
Fair Value Upside | Unlock | 2.1% | 4.3% | Unlock |