Mirum Pharmaceuticals Inc
NASDAQ:MIRM

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Mirum Pharmaceuticals Inc
NASDAQ:MIRM
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Price: 41.8015 USD 0.7%
Market Cap: 2B USD
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Gross Margin
Mirum Pharmaceuticals Inc

72.7%
Current
70%
Average
63.9%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
72.7%
=
Gross Profit
223.1m
/
Revenue
307m

Gross Margin Across Competitors

Country US
Market Cap 2B USD
Gross Margin
73%
Country FR
Market Cap 6T USD
Gross Margin
0%
Country US
Market Cap 311.8B USD
Gross Margin
67%
Country US
Market Cap 140.7B USD
Gross Margin
60%
Country US
Market Cap 115.7B USD
Gross Margin
78%
Country US
Market Cap 102.7B USD
Gross Margin
86%
Country US
Market Cap 94.1B EUR
Gross Margin
76%
Country AU
Market Cap 134.4B AUD
Gross Margin
52%
Country US
Market Cap 78B USD
Gross Margin
87%
Country US
Market Cap 39.3B EUR
Gross Margin
75%
Country NL
Market Cap 36B EUR
Gross Margin
89%
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Mirum Pharmaceuticals Inc
Glance View

Market Cap
2B USD
Industry
Biotechnology

In the competitive landscape of the biopharmaceutical industry, Mirum Pharmaceuticals Inc. has carved a niche for itself by specializing in rare liver diseases, a domain that requires both precision and dedication. Founded with a visionary goal, the company primarily focuses on developing treatments that address serious unmet needs within this sphere. At the heart of its operations is the development of maralixibat, a promising drug targeting progressive familial intrahepatic cholestasis and Alagille syndrome, which are both debilitating liver conditions affecting young patients. By addressing these niche markets, Mirum positions itself uniquely, translating complex science into tangible health outcomes. The company makes its money by navigating the rigorous path of drug development, from clinical trials to receiving regulatory approvals, ultimately transforming these therapies into marketable products. Mirum's business model is interlaced with the high stakes world of pharmaceuticals, where innovation meets exhaustive research and development. Revenue generation is contingent upon both the successful commercialization of its drug pipeline and strategic partnerships, which bolster their market reach and resource agility. By engaging closely with healthcare professionals and leveraging compassionate use and expanded access programs, they not only facilitate early adoption but also fuel the momentum needed for market penetration. Moreover, Mirum's commitment to education and engagement strategies fosters a robust ecosystem that underscores the importance of treating rare diseases. This way, the company not only sells its therapeutics but also creates enduring relationships within the medical community, significantly anchoring its financial and operational standing.

MIRM Intrinsic Value
56.0111 USD
Undervaluation 25%
Intrinsic Value
Price

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
72.7%
=
Gross Profit
223.1m
/
Revenue
307m
What is the Gross Margin of Mirum Pharmaceuticals Inc?

Based on Mirum Pharmaceuticals Inc's most recent financial statements, the company has Gross Margin of 72.7%.