Magforce Revenue and Competitors
Estimated Revenue & Valuation
- Magforce's estimated annual revenue is currently $12.3M per year.
- Magforce's estimated revenue per employee is $251,000
Employee Data
- Magforce has 49 Employees.
- Magforce grew their employee count by -25% last year.
Magforce Competitors & AlternativesAdd Company
| Competitor Name | Revenue | Number of Employees | Employee Growth | Total Funding | Valuation |
|---|---|---|---|---|---|
#1 | $19.6M | 78 | 11% | N/A | N/A |
#2 | $142.3M | 567 | -3% | N/A | N/A |
#3 | $8.5M | 34 | 0% | N/A | N/A |
#4 | $58.7M | 234 | 38% | N/A | N/A |
#5 | $15.1M | 60 | 11% | N/A | N/A |
#6 | $73.5M | 293 | 28% | N/A | N/A |
#7 | $28.4M | 113 | 14% | N/A | N/A |
#8 | $22.3M | 89 | 35% | N/A | N/A |
#9 | $96.4M | 384 | N/A | N/A | N/A |
#10 | $24.1M | 96 | 4% | N/A | N/A |
What Is Magforce?
MagForce AG, listed in the Scale segment of the Frankfurt Stock Exchange (MF6, ISIN: DE000A0HGQF5), together with its subsidiary MagForce USA, Inc. is a leading medical device company in the field of nanomedicine focused on oncology. MagForce is forging new paths in order to treat tumors from within with our NanoTherm® therapy. NanoTherm® therapy is a relatively new procedure for the focal treatment of solid tumors. In a nutshell: Magnetic nanoparticles are introduced either directly into the tumor or into the resection cavity wall. These particles are subsequently heated by an alternating magnetic field, thus destroying the cancer cells. NanoTherm® therapy is the first and only nanotechnology-based therapy with European approval for the treatment of brain tumors. To date, over 100 patients have already been treated using NanoTherm® therapy. In the USA, a pivotal clinical study for the treatment of prostate cancer has been ongoing since July 2018. For more information, please visit: www.magforce.com. Imprint: bit.ly/2C8A8f4
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Total Funding
49
Number of Employees
$12.3M
Revenue (est)
-25%
Employee Growth %
N/A
Valuation
N/A
Accelerator
Other Companies in Berlin
| Company Name | Revenue | Number of Employees | Employee Growth | Total Funding |
|---|---|---|---|---|
#1 | $5.5M | 49 | N/A | N/A |
#2 | $5.5M | 49 | -20% | N/A |
#3 | $9.2M | 49 | -2% | N/A |
#4 | $5.7M | 49 | 0% | N/A |
#5 | $5.7M | 49 | -6% | N/A |