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Financial Snapshot

Revenue
TTM
$0.00
Gross Margin
Last 4 Quarters
N/A
Net Income
TTM
-$88.47M
Current Assets
2025 Q2
Current Liabilities
2025 Q2
Current Ratio
2025 Q2
2467.57%
Total Assets
2025 Q2
Total Liabilities
2025 Q2
Book Value
2025 Q2
$259.2M
Cash
2025 Q2
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
-$86.30M

Stock Price

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Market Cap: $1.2358 Billion

About Tourmaline Bio, Inc.

Tourmaline Bio, Inc. is a late-stage clinical biotechnology company, which engages in the development of medicines for patients with life-altering immune diseases. The company is headquartered in New York City, New York and currently employs 76 full-time employees. The company went IPO on 2021-05-07. The firm is focused on developing transformative medicines that improve the lives of patients with life-altering immune and inflammatory diseases. The Company’s initial product candidate is pacibekitug (TOUR006), a fully human monoclonal antibody that selectively binds to interleukin-6 (IL-6), a key proinflammatory cytokine involved in the pathogenesis of many autoimmune and inflammatory disorders. TOUR006 is a long-acting anti-IL-6 antibody which has properties, including a high binding affinity to IL-6, long half-life, and low observed immunogenicity. The company is focused on two strategic paths for TOUR006, the first of which is cardiovascular inflammation. Its second strategic path is thyroid eye disease (TED). TED is an autoimmune disease characterized by autoantibody-mediated activation of the tissues surrounding the eye, causing inflammation and disfigurement which can be sight-threatening in severe cases.

Industry: Biological Products, (No Diagnostic Substances) Peers: Annovis Bio Inc BIORA THERAPEUTICS, INC. Atossa Therapeutics Inc Candel Therapeutics Inc Decibel Therapeutics, Inc. INFINITY PHARMACEUTICALS, INC. Puma Biotechnology Inc Inozyme Pharma, Inc.

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