Company intelligence / Profile preview

Reata Pharmaceuticals

Plano (formerly Irving), Texas, United Statesbiogen.com ↗
Ownership
Public · RETA
Employees
~100
Development stage
Commercial
01

Overview

Reata received FDA approval for Skyclarys (omaveloxolone) in March 2023 for treating Friedreich's ataxia in patients 16 years and older, marking its first approved drug in its 21-year history. The company was acquired by Biogen in September 2023 for approximately $7.3 billion.

Therapeutic areas
OncologyRare DiseasesImmunologyRheumatologyNeurologyCardiovascularNephrology
Modalities
Small moleculessynthetic triterpenoids
Industry
Biotech
02

Drug pipeline

2 assets

omaveloxolone

Commercial
Indications
Friedreich's ataxia

1 more asset in the full pipeline.

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03

Partnerships

Previously partnered with AbbVie (reacquired rights)Kyowa Kirin Co., Ltd. (for certain Asian markets for bardoxolone)
04

Financials

Market cap
$6.6B
Total revenue
$22.7M
Enterprise value
$6.3B

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