AveXis Revenue and Competitors

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Chicago, IL USA

Location

$75.1M

Total Funding

Biotech

Industry

Estimated Revenue & Valuation

  • AveXis's estimated annual revenue is currently $54.4M per year.(i)
  • AveXis received $460.0M in venture funding in January 2018.
  • AveXis's estimated revenue per employee is $193,750
  • AveXis's total funding is $75.1M.

Employee Data

  • AveXis has 281 Employees.(i)
  • AveXis grew their employee count by -32% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$485.6M195816%$1.1BN/A
#2
$28.4M18337%N/AN/A
#3
$3.6M2353%N/AN/A
#4
$2.3M1515%N/AN/A
#5
$5.9M38-12%N/AN/A
#6
$5.4M353%N/AN/A
#7
$3.4M2210%N/AN/A
#8
$8.1M0N/A$122.3MN/A
#9
$2.5M1633%N/AN/A
#10
$1.2M15-25%$5.8MN/A

AveXis, Inc., a Novartis Company, is a clinical-stage gene therapy company, dedicated to developing and commercializing novel treatments for patients suffering from rare and life-threatening neurological genetic diseases. Our initial product candidate, AVXS-101, is our proprietary gene therapy product candidate currently in development for the treatment of spinal muscular atrophy, or SMA, Type 1, the leading genetic cause of infant mortality, and for the treatment of SMA Type 2. The U.S. Food and Drug Administration, or FDA, has granted AVXS-101 Orphan Drug Designation for the treatment of all types of SMA and Breakthrough Therapy Designation, as well as Fast Track Designation for the treatment of SMA Type 1. In addition to developing AVXS-101 to treat SMA Type 1 and Type 2, we also plan to develop other novel treatments for rare neurological diseases, including Rett syndrome (RTT) and a genetic form of amyotrophic lateral sclerosis (ALS) caused by mutations in the superoxide dismutase 1 (SOD1) gene. How to reach us: AveXis, Inc. 2275 Half Day Road, Suite 200 Bannockburn, IL 60015 Email: info@avexis.com Office Phone: 847.572.8280 Toll-free Phone: 844.4.AVEXIS (844.428.3947)

keywords:Biotechnology,Healthcare,Pharmaceuticals

$75.1M

Total Funding

281

Number of Employees

$54.4M

Revenue (est)

-32%

Employee Growth %

N/A

Valuation

N/A

Accelerator

AveXis News

2022-04-06 - Novartis to produce world's most expensive drug in NC ...

Novartis changed the name of AveXis to Novartis Gene Therapies in 2020. Novartis employs 2,270 people in Massachusetts and over 108,000 globally...

2022-03-30 - Novartis Durham facility now producing world's most ...

Novartis changed the name of AveXis to Novartis Gene Therapies in 2020. The company received incentives from the state of North Carolina for...

2022-03-30 - Yet another gene therapy developer turns to layoffs

Helmed by R.A. Session II, who led corporate strategy and business development at AveXis before its $8.7 billion sale to Novartis,...

2019-09-03 - Global Spinal Muscular Atrophy Medicine Market 2019 ...

The global market for Spinal Muscular Atrophy Medicine has been analyzed in an in-depth market research report recently added to the rapidly ...

2019-09-03 - Warning signs were always there for Novartis's Avexis deal

High-profile departures at Avexis raise more questions about Novartis's acquisition, but there were plenty of red flags before the deal was ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$93.1M37143%N/A
#2
$35M4288%N/A
#3
$52390M1120-4%N/A
#4
$3320M6228N/AN/A

AveXis Funding

DateAmountRoundLead InvestorsReference
2014-04-24$UndisclosedUndisclosedPBM Capital GroupArticle
2015-01-08$10.0MUndisclosedDeerfield ManagementArticle
2015-09-10$65.0MDT. Rowe Price AssociatesArticle
2017-06-21$230.0MUndisclosedGoldman Sachs & Co. LLCArticle
2018-01-17$460.0MUndisclosedGoldman Sachs & Co. LLCArticle