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Financials

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Revenues, earnings & profits over time
EUR2016201720192020202120222023
Revenues0000000000000000000000000000
% growth---67 %214 %46 %-
EBITDA0000000000000000000000000000
% EBITDA margin-6 %-(399 %)(129 %)(137 %)-
Profit0000000000000000000000000000
% profit margin-1 %-(486 %)(162 %)(168 %)-
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article, Dealroom estimates

More about React4life
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React4life is a pioneering startup that operates at the intersection of biotechnology and biomedical engineering. The company specializes in providing advanced in vitro (test tube) human systemic platforms that allow researchers to conduct realistic, controlled, and reproducible tests using 3D human tissue models. These platforms emulate portions of the human body, creating a physiological fluidic environment that enhances the accuracy and relevance of pharmaceutical tests, medical research, and the discovery of innovative therapies.

The primary clients of React4life include pharmaceutical companies, biotech firms, academic researchers, and medical institutions. These clients benefit from the company's technology by being able to perform more effective and efficient drug testing, reducing the time and cost associated with screening new compounds, and minimizing the need for animal testing.

React4life operates in the biomedical research market, which is a rapidly growing sector driven by the need for more accurate and humane testing methods. The company's business model revolves around the sale of its patented MIVO (Multi-In Vitro Organ) platform. This platform is a disposable device that integrates seamlessly with existing laboratory protocols, allowing researchers to keep their cells and tissues while moving their assays onto the MIVO system for enhanced testing capabilities.

Revenue generation for React4life comes from the sale of these MIVO devices, as well as from potential collaborations and partnerships with research institutions and pharmaceutical companies. The company also benefits from funding and grants, such as those from the European Horizon 2020 research and innovation program, which support its ongoing development and innovation efforts.

In summary, React4life is transforming the landscape of biomedical research by providing cutting-edge tools that make drug discovery faster, cheaper, and more humane.

Keywords: Biotechnology, Biomedical Engineering, In Vitro Testing, 3D Tissue Models, Pharmaceutical Research, Medical Innovation, Drug Discovery, MIVO Platform, Research Efficiency, Horizon 2020 Funding.

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