![]() Terns Pharmaceuticals Terns Pharmaceuticals is a biopharmaceutical company developing small-molecule single-agent and combination therapy for the treatment of non-alcoholic steatohepatitis and other chronic liver diseases. | ![]() Novartis Novartis is a company that researches, develops, manufactures, and markets healthcare products. | ![]() Fortrea Fortrea Holdings (formerly known as Labcorp Clinical Development and Commercialization Services) is a contract research organization (CRO). | Rigel Pharmaceuticals Rigel Pharmaceuticals develops small-molecule drugs for the treatment of autoimmune diseases, cancer and metabolic diseases. | ||
Founding Date | Founding Date 2017 | Founding Date 1996 | Founding Date 2023 | Founding Date 1996 | Founding Date 2010 |
Type | Type Public | Type Public | Type Public | Type Public | Type Private |
Tags | |||||
Locations | Locations Foster City, US HQ | Locations Basel, CH HQ Tirana, AL Buenos Aires, AR Macquarie Park, AU Kundl, AT Unterlangkampfen, AT Wien, AT see more | Locations Durham, US HQ Buenos Aires, AR Melbourne, AU Sydney, AU Zaventem, BE Sao Paulo, BR Sofia, BG see more | Locations South San Francisco, US HQ | Locations Gosselies, BE HQ Leiden, NL |
Employees | Employees 59 | Employees 75,883 | Employees 19,000 | Employees 1633% increase | Employees 547% decrease |
Valuation ($) | Valuation ($) 580.9 m | Valuation ($) N/A | Valuation ($) 1.6 b | Valuation ($) 256 m | Valuation ($) N/A |
Financial | |||||
Revenue (est.) | Revenue (est.) N/A | Revenue (est.) $56.7b (FY, 2025) | Revenue (est.) $2.7b (FY, 2025) | Revenue (est.) $294.3m (FY, 2025) | Revenue (est.) N/A |
Cost of goods | Cost of goods N/A | Cost of goods $8.4b (FY, 2025) | Cost of goods N/A | Cost of goods $19.6m (FY, 2025) | Cost of goods N/A |
Gross profit | Gross profit N/A | Gross profit $49.8b (FY, 2025) | Gross profit N/A | Gross profit $274.7m (FY, 2025) | Gross profit N/A |
Net income | Net income ($96.2m) (FY, 2025) | Net income $14b (FY, 2025) | Net income ($986.2m) (FY, 2025) | Net income $367m (FY, 2025) | Net income N/A |
Funding | |||||
Total funding raised | Total funding raised $ 30m | Total funding raised $ 6.5m | Total funding raised N/A | Total funding raised $ 130m | Total funding raised $ 20.2m |

Novartis is a company that researches, develops, manufactures, and markets healthcare products.
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Fortrea Holdings (formerly known as Labcorp Clinical Development and Commercialization Services) is a contract research organization (CRO).
View companyRigel Pharmaceuticals develops small-molecule drugs for the treatment of autoimmune diseases, cancer and metabolic diseases.
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Ncardia is a stem cell drug discovery and development company.
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