![]() Pelican Expression Technology Pelican Expression Technology is a platform of Ligand Pharmaceuticals for recombinant protein production. | ![]() Bicycle Therapeutics Bicycle Therapeutics is a clinical-stage biopharmaceutical company that develops cancer therapies. | ![]() Relay Therapeutics Relay Therapeutics was founded on the premise that putting protein motion at the heart of drug discovery can dramatically expand therapeutic possibilities. | SINOVAC SINOVAC is a biopharmaceutical company that has expertise in the research, development, manufacturing, and commercialization of vaccines that protect against human infectious diseases. | ||
Founding Date | Founding Date 2019 | Founding Date 2009 | Founding Date 2009 | Founding Date 2016 | Founding Date 2001 |
Type | Type Public | Type Subsidiary | Type Public | Type Public | Type Private |
Tags | |||||
Locations | Locations South San Francisco, US HQ | Locations San Diego, US HQ | Locations Cambridge, GB HQ Cambridge, US | Locations Cambridge, US HQ | Locations CN HQ |
Employees | Employees 68 | Employees 14 | Employees 305 | Employees 2724% decrease | Employees 2111% decrease |
Valuation ($) | Valuation ($) 826.4 m | Valuation ($) N/A | Valuation ($) 1.7 b | Valuation ($) 958.5 m | Valuation ($) N/A |
Financial | |||||
Revenue (est.) | Revenue (est.) $46m (FY, 2025) | Revenue (est.) $50.3m (FY, 2019) | Revenue (est.) $72.6m (FY, 2025) | Revenue (est.) $15.4m (FY, 2025) | Revenue (est.) N/A |
Net income | Net income ($48.9m) (FY, 2025) | Net income $1.1m (FY, 2019) | Net income ($219m) (FY, 2025) | Net income ($276.5m) (FY, 2025) | Net income N/A |
Funding | |||||
Total funding raised | Total funding raised $ 100m | Total funding raised $ 24m | Total funding raised $ 89.4m | Total funding raised $ 520m | Total funding raised N/A |

Pelican Expression Technology is a platform of Ligand Pharmaceuticals for recombinant protein production.
View company
Bicycle Therapeutics is a clinical-stage biopharmaceutical company that develops cancer therapies.
View company
Relay Therapeutics was founded on the premise that putting protein motion at the heart of drug discovery can dramatically expand therapeutic possibilities.
View companySINOVAC is a biopharmaceutical company that has expertise in the research, development, manufacturing, and commercialization of vaccines that protect against human infectious diseases.
View company