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Third Harmonic Bio Inc
NASDAQ:THRD

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Third Harmonic Bio Inc
NASDAQ:THRD
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Price: 5.38 USD Market Closed
Market Cap: $242.8m

Third Harmonic Bio Inc
Research & Development

Last Value
3 Years 3Y CAGR
5 Years 5Y CAGR
10 Years 10Y CAGR
Last Value
3 Years 3Y CAGR
5 Years 5Y CAGR
10 Years 10Y CAGR
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Third Harmonic Bio Inc
Research & Development Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Research & Development CAGR 3Y CAGR 5Y CAGR 10Y
T
Third Harmonic Bio Inc
NASDAQ:THRD
Research & Development
-$36.5m
CAGR 3-Years
-32%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Gilead Sciences Inc
NASDAQ:GILD
Research & Development
-$5.7B
CAGR 3-Years
-5%
CAGR 5-Years
-3%
CAGR 10-Years
-7%
Bio-Techne Corp
NASDAQ:TECH
Research & Development
-$98m
CAGR 3-Years
-2%
CAGR 5-Years
-8%
CAGR 10-Years
-8%
Scholar Rock Holding Corp
NASDAQ:SRRK
Research & Development
-$208.4m
CAGR 3-Years
-19%
CAGR 5-Years
-23%
CAGR 10-Years
N/A
Repligen Corp
NASDAQ:RGEN
Research & Development
-$53.4m
CAGR 3-Years
-7%
CAGR 5-Years
-21%
CAGR 10-Years
-25%
Neurocrine Biosciences Inc
NASDAQ:NBIX
Research & Development
-$1B
CAGR 3-Years
-30%
CAGR 5-Years
-30%
CAGR 10-Years
-29%
No Stocks Found

Third Harmonic Bio Inc
Glance View

Market Cap
242.8m USD
Industry
N/A

Third Harmonic Bio Inc is a US-based company operating in industry. The company is headquartered in Cambridge, Massachusetts. The company went IPO on 2022-09-15. Third Harmonic Bio, Inc. is a clinical-stage biopharmaceutical company. The firm is focused on the development of medicine for the treatment of allergic and inflammatory diseases. Its lead product candidate, THB001, is a potent and highly selective, oral small molecule wild-type KIT inhibitor in development for the treatment of mast cell-mediated inflammatory diseases. KIT is a cell surface receptor that acts as the master survival and functional regulator of mast cells. Mast cells are a part of the immune system, and dysfunctional mast cell activity has been implicated in the pathophysiology of a range of allergic and other inflammatory disorders including urticaria, asthma and gastrointestinal disorders, among others. The company has completed Phase Ia clinical trial for THB001, which has demonstrated dose-dependent reductions of serum tryptase, a key biomarker of mast cell activity, which has been shown to correlate with clinical benefit in chronic urticaria patients.

THRD Intrinsic Value
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What is Third Harmonic Bio Inc's Research & Development?
Research & Development
-36.5m USD

Based on the financial report for Dec 31, 2024, Third Harmonic Bio Inc's Research & Development amounts to -36.5m USD.

What is Third Harmonic Bio Inc's Research & Development growth rate?
Research & Development CAGR 3Y
-32%

Over the last year, the Research & Development growth was -52%. The average annual Research & Development growth rates for Third Harmonic Bio Inc have been -32% over the past three years .

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