Kuros Biosciences
The future of spinal fusions
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This presentation shall not constitute an offer to sell or the solicitation of an offer to buy securities of the Company, in any jurisdiction in which such offer or solicitation would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any jurisdiction.
Kuros is on a mission to ease the burden of spine-related pain through developing superior orthobiologics
Investment highlights
Swiss-headquartered biotech company with operations in the Netherlands and US. Listed on the SIX Swiss Stock Exchange (Ticker: KURN)
MagnetOs surface modified biologics portfolio launched globally. Addressing $1B+ market opportunity. Targeting $100M annual sales within 5 years
Strong financial foundation:
• Cash at ~$25.8M1, with a runway at least into Q3 2024
• ~75% YoY revenue growth2 and potential $21.3M milestone payments + up to $142M royalty payments
References: 1. Cash and cash equivalents,; CHF 24.1 million translated at CHF/USD (0.93) as of Dec 31, 2022. 2.. Direct MagnetOs sales CHF 12.1 million in 2022 compared to CHF 6.9 million in 2021.
Management overview
Executive management
Joost de Bruijn
Chief Executive Officer
Extended leadership team
John Griffin
SVP & President US Sales
Philippe Saudan
Chief Development Officer
Marcel Borger Head of Quality & Regulatory Affairs
Daniel Geiger
Chief Financial OfficerCharlie Campion SVP Marketing & International Sales
Katherine Sage
VP Medical & Scientific Affairs
Sjoerd Musters VP Operations
Chris Fair
Chief Operating Officer
James Ryaby
SVP Clinical Affairs
Florence de Groot Head of Development
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Kuros Biosciences AG published this content on 20 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 March 2023 12:23:10 UTC.