Rallybio Corporation, a clinical-stage biotechnology company, engages in development and commercialization of life-transforming therapies for patients suffering from severe and rare diseases. Its lead product candidate is RLYB212, a monoclonal anti-HPA-1a antibody which is in Phase II clinical trial for the prevention of fetal and neonatal alloimmune thrombocytopenia (FNAIT); and RLYB211 for the prevention of FNAIT. The company is also developing RLYB114, a pegylated complement factor 5 (C5)-targeted Affibody molecule in preclinical development for the treatment of complement-mediated ophthalmic diseases; RLYB116, an inhibitor of complement component 5 (C5) to treat several diseases of complement dysregulation which has completed phase 1 trial; and RLYB332, a preclinical antibody, for the treatment of severe anemia with ineffective erythropoiesis and iron overload. It entered into a strategic alliance with AbCellera to discover, develop, and commercialize novel antibody-based therapeutics for rare diseases. Rallybio has collaboration with Exscientia for the development of small molecule therapeutics for rare diseases; and collaboration agreement with Johnson & Johnson to provide pregnant individuals therapeutic solutions at risk of fetal and neonatal alloimmune thrombocytopenia. The company was founded in 2018 and is headquartered in New Haven, Connecticut.
Analyst Outlook | JMP Securities maintains a Market Outperform rating with a $7 price target, while other analysts adopt a cautious stance amid early-stage developments |
Market Potential | Explore RLYB116's target indications, representing a $5B market opportunity in rare diseases with limited competition and high unmet needs |
Financial Fortitude | With $46M cash runway into mid-2027, Rallybio demonstrates fiscal discipline amid pipeline transitions, boasting a strong current ratio of 9.98x |
Pipeline Pivot | Rallybio shifts focus to RLYB116, a C5 inhibitor, after discontinuing its lead FNAIT program, reshaping its development strategy and market position |
Metrics to compare | RLYB | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipRLYBPeersSector | |
|---|---|---|---|---|
P/E Ratio | −1.8x | −2.1x | −0.5x | |
PEG Ratio | −0.02 | 0.15 | 0.00 | |
Price / Book | 0.4x | 1.7x | 2.6x | |
Price / LTM Sales | 37.8x | 184.4x | 3.3x | |
Upside (Analyst Target) | 66.0% | 285.6% | 47.1% | |
Fair Value Upside | Unlock | 0.6% | 5.8% | Unlock |