VBIONasdaqPharmaceutical PreparationsUS GAAP · USD

Valion Bio, Inc.

Valion Bio, Inc. is a U.S.-based biomedical company developing recombinant biologic and bioelectronic therapies, with a core focus on its TLR5 program and the Entolimod™ family of candidates. The company also operates Velocity Bioworks, a San Antonio, Texas CDMO platform that supports biomanufacturing and related development services.

Liikevoitto (EBIT)−7,9milj. USD
−76,5 %v/v
Nettotulos−8,9milj. USD
−57,0 %v/v
Vapaa kassavirta−7,0milj. USD
−22,9 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2021–2025

−12,5−10,0−7,5−5,0−2,50,02,5milj. USD2021: 1,3 milj. USD2021: EBIT −5,6 milj. USD20212022: 1,8 milj. USD2022: EBIT −10 milj. USD20222023: 1,2 milj. USD2023: EBIT −8,2 milj. USD20232024: 0,78 milj. USD2024: EBIT −4,5 milj. USD20242025: EBIT −7,9 milj. USD2025−7,9
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Biologic therapeutics0 %

Recombinant biologic candidates centered on the TLR5 platform, including Entolimod and Entolasta.

Bioelectronic therapies0 %

Product candidates derived from vagus nerve stimulation research and development.

Consumer medical devices100 %

ClearUP and related accessories sold through direct and reseller channels.

Contract development and manufacturing0 %

Full-service CDMO activities provided through Velocity Bioworks in San Antonio.

Asiakkaat

Valion serves two very different customer bases: consumers and channel partners for ClearUP, and future patients, physicians, and institutional buyers for its therapeutic pipeline. Its CDMO operations are aimed at external biopharma clients that need specialized development and manufacturing support. The company’s therapeutic programs also depend on regulators, clinical investigators, and government or defense-related stakeholders for development and approval pathways.

Consumer health buyers

Individuals purchasing ClearUP directly or through online retail channels for personal use.

Medical resellers and distributors

Channel partners such as Simply Medical, Cardinal Health, and other resellers that stock and distribute ClearUP.

Biopharma CDMO clients

External customers that may use Velocity Bioworks for specialized biomanufacturing and development services.

Clinical and institutional end users

Hospitals, physicians, and other institutional buyers that could use future Entolimod or Entolasta therapies.

Strategia

Valion’s strategy is to shift from consumer device monetization toward biologic and bioelectronic drug development with longer-duration commercial potential. It is also building manufacturing control through Velocity Bioworks so it can support Entolimod supply, accelerate development, and potentially generate third-party CDMO revenue. The company is pursuing regulatory advancement, clinical development, and selective licensing or transaction opportunities to support its pipeline.

Advance the TLR5/Entolimod pipelineKeskipitkä aikaväli

Clinical progress is the main path to durable value creation beyond the legacy consumer device business.

Integrate manufacturing through Velocity BioworksLyhyt aikaväli

Direct control of biomanufacturing can improve execution, supply reliability, and commercialization readiness.

Build third-party CDMO revenueKeskipitkä aikaväli

External manufacturing services can diversify revenue while the therapeutic pipeline matures.

Exit or monetize ClearUPLyhyt aikaväli

The consumer device business is being wound down, so monetization or divestiture can free capital for the pipeline.

Maantiede

Valion is headquartered in the United States and conducts its consumer and development activities primarily from U.S. operations. Its manufacturing footprint includes San Antonio, Texas through Velocity Bioworks, which is intended to support both internal pipeline programs and external CDMO work. The company’s commercial exposure is therefore concentrated in the U.S., while future therapeutic commercialization could extend into regulated global markets.

Riskit

Valion faces development-stage biotech risk, including clinical failure, regulatory delay, and manufacturing scale-up challenges for its therapeutic candidates. The company also has concentrated exposure to the wind-down of ClearUP, dependence on external financing, and execution risk in building a CDMO business that must compete on quality, reliability, and compliance.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Financing risk1Regulatory delay or rejection2Clinical development failure3Consumer business wind-down4Manufacturing and CDMO execution5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Financing riskVaikutus: KriittinenTodennäköisyys: Korkea

    The company has relied on equity and other financing and may need more capital before product revenue scales.

    Kohdistuu: Operating runway and trial funding

  2. Regulatory delay or rejectionVaikutus: KorkeaTodennäköisyys: Korkea

    Therapeutic candidates require FDA review, and timelines can shift materially with data or filing issues.

    KohdistuuARSOncologyNeutropenia programs
  3. Clinical development failureVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Entolimod, Entolasta, and bioelectronic candidates may not demonstrate safety or efficacy in trials.

    Kohdistuu: Pipeline value and future commercialization

  4. Consumer business wind-downVaikutus: KeskitasoTodennäköisyys: Korkea

    Exiting ClearUP can reduce near-term revenue and create transition risk in channel inventory sell-through.

    Kohdistuu: Legacy consumer sales

  5. Manufacturing and CDMO executionVaikutus: KeskitasoTodennäköisyys: Korkea

    Biomanufacturing requires strict quality systems, regulatory compliance, and reliable customer delivery.

    Kohdistuu: Velocity Bioworks operations

Kirjanpito

Harkinnanvaraiset erät
Inventory reserves

ClearUP is a physical product, so excess or obsolete inventory can require write-downs.

Vaikutus: Affects cost of sales and gross margin

Sales return reserves

Consumer and reseller sales require estimates for returns and allowances.

Vaikutus: Affects reported net revenue

Stock-based compensation

Early-stage public companies often use equity awards to conserve cash.

Vaikutus: Affects operating expenses and loss measures

Going-concern and liquidity estimates

Funding sufficiency influences disclosure and the timing of planned activities.

Vaikutus: Affects financial statement presentation and risk disclosure

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026