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Reneo Pharmaceuticals Inc
Cash & Cash Equivalents
Reneo Pharmaceuticals Inc
Cash & Cash Equivalents Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Cash & Cash Equivalents | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Reneo Pharmaceuticals Inc
NASDAQ:RPHM
|
Cash & Cash Equivalents
$27.6m
|
CAGR 3-Years
-20%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
Abbvie Inc
NYSE:ABBV
|
Cash & Cash Equivalents
$7.3B
|
CAGR 3-Years
-16%
|
CAGR 5-Years
-7%
|
CAGR 10-Years
-1%
|
||
Gilead Sciences Inc
NASDAQ:GILD
|
Cash & Cash Equivalents
$5B
|
CAGR 3-Years
5%
|
CAGR 5-Years
-12%
|
CAGR 10-Years
-2%
|
||
Amgen Inc
NASDAQ:AMGN
|
Cash & Cash Equivalents
$9B
|
CAGR 3-Years
-9%
|
CAGR 5-Years
-5%
|
CAGR 10-Years
9%
|
||
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
|
Cash & Cash Equivalents
$6.5B
|
CAGR 3-Years
1%
|
CAGR 5-Years
14%
|
CAGR 10-Years
25%
|
||
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
|
Cash & Cash Equivalents
$2B
|
CAGR 3-Years
-16%
|
CAGR 5-Years
8%
|
CAGR 10-Years
12%
|
Reneo Pharmaceuticals Inc
Glance View
Reneo Pharmaceuticals Inc. is an innovative biotechnology company focused on developing therapies to address the unmet medical needs of patients suffering from rare, genetic mitochondrial diseases. Founded with a vision to create impactful treatments, Reneo's flagship product, REN001, is currently in clinical trials aimed at restoring energy metabolism in patients with these debilitating conditions. The drug targets the underlying issues within the mitochondria, the powerhouses of the cell, which are often compromised in patients with genetic mitochondrial disorders, leading to diverse and severe health challenges. With a strong pipeline and a commitment to advancing science, Reneo is laying the groundwork to position itself as a pioneer in this specialized and high-demand therapeutic space. For investors, Reneo represents a compelling opportunity at the intersection of cutting-edge science and significant market potential. The company's strategic collaborations and solid financial backing bolster its capacity to navigate the complex development landscape. As the unmet needs of patients with mitochondrial diseases continue to gain recognition, Reneo's focus on innovative solutions places it in a favorable position to capitalize on emerging trends within the biotech industry. Furthermore, the potential for REN001 to become a first-in-class therapy could translate into substantial commercial success, driving long-term value for shareholders and creating a positive impact on the lives of patients. With a competent management team at the helm and promising clinical data on the horizon, Reneo Pharmaceuticals is poised for a significant presence in the biotech market.
See Also
What is Reneo Pharmaceuticals Inc's Cash & Cash Equivalents?
Cash & Cash Equivalents
27.6m
USD
Based on the financial report for Dec 31, 2023, Reneo Pharmaceuticals Inc's Cash & Cash Equivalents amounts to 27.6m USD.
What is Reneo Pharmaceuticals Inc's Cash & Cash Equivalents growth rate?
Cash & Cash Equivalents CAGR 3Y
-20%
Over the last year, the Cash & Cash Equivalents growth was 39%. The average annual Cash & Cash Equivalents growth rates for Reneo Pharmaceuticals Inc have been -20% over the past three years .