Crossject

Crossject

Manufactures and markets needle-free drug self-injection.

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Financials

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Revenues, earnings & profits over time
EUR2021202220232024202520262027
Revenues0000000000000000000000000000
% growth-5 %(85 %)--29 %4 %
EBITDA0000000000000000000000000000
% EBITDA margin(744 %)(774 %)(5577 %)-63 %69 %71 %
Profit0000000000000000000000000000
% profit margin(1185 %)(1169 %)(5957 %)-44 %48 %54 %
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, Equity research estimates

More about Crossject
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Crossject is a pioneering company in the healthcare sector, specializing in the development of needle-free auto-injectors. Their innovative device is prefilled and single-use, designed to deliver medication through the skin in less than a tenth of a second. This technology eliminates the need for needles, making it a less invasive and more user-friendly option for patients.

The company primarily focuses on emergency medical treatments, with seven out of their eight solutions in advanced stages of development aimed at urgent situations. These include treatments for conditions such as migraines, anaphylactic shock, acute adrenal crisis, epileptic seizures, opioid overdose, rheumatoid arthritis, temporary paralysis in Parkinson's disease, and severe asthma crises.

Crossject operates in the global healthcare market, targeting both individual patients and healthcare providers who require quick and efficient drug delivery methods. Their business model revolves around the development, manufacturing, and commercialization of their needle-free injection technology. They generate revenue through the sale of their auto-injectors and potentially through partnerships or licensing agreements with pharmaceutical companies.

The company has also developed a new formulation for adrenaline, enhancing its commercial appeal and broadening its market potential. By focusing on well-established treatments and improving their delivery methods, Crossject aims to save lives and improve patient outcomes.

In summary, Crossject is at the forefront of medical innovation with its needle-free auto-injector technology, catering to emergency medical needs and aiming to make drug administration safer and more efficient.

Keywords: needle-free, auto-injector, emergency treatments, healthcare, innovation, adrenaline, drug delivery, patient-friendly, medical devices, Crossject.

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