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Annual report for the year ended 2025-12-31. These are reported annual figures, not trailing twelve-month estimates.
We are a clinical-stage biopharmaceutical company dedicated to delivering on the promise of targeted protein degradation, or TPD, science to create a new generation of small-molecule medicines that transform patients’ lives. Leveraging our proprietary TORPEDO platform, we efficiently design and optimize small molecule protein degraders that are highly active against their desired targets by harnessing the body’s natural process for destroying unwanted proteins. Our strategy is to develop degraders that modulate clinically validated disease pathways with best-in-class or first-in-class potential to address significant unmet patient needs.
Excerpt from Item 1 — Business; filed 2026-02-26. May be shortened.
Source: SEC Company Facts. Checked 2026-10-01. Data is refreshed in the background. Missing or ambiguous figures are left unavailable.
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