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Added to YB: 2025-10-28

Pitch date: 2025-10-24

CVAC [bullish]

CureVac N.V.

-5.96%

current return

Author Info

Ridire Research is an independent equity research platform focused on actionable, high-conviction long/short equity ideas. We combine fundamental rigor with quantitative structure to identify mispriced opportunities others overlook. Sign up for the newsletter.

Company Info

CureVac N.V., a biopharmaceutical company, focuses on developing various transformative medicines based on messenger ribonucleic acid (mRNA).

Market Cap

$1.0B

Pitch Price

$5.37

Price Target

N/A

Dividend

N/A

EV/EBITDA

2.68

P/E

5.38

EV/Sales

1.33

Sector

Biotechnology

Category

growth

Show full summary:
CureVac (CVAC) — The mRNA Toll Road

CVAC: mRNA platform w/ foundational IP moat in sequence engineering/process controls. Gen-2 pipeline w/ GSK targets higher translational efficiency. Multi-year cash runway enables IP monetization via toll-road economics vs chasing volume. Key catalysts: IP settlements, Gen-2 readouts showing dose-sparing/durability vs rivals, COGS gains for tender competitiveness. Risk: adverse IP rulings, partner concentration, competitive curves from self-amplifying RNA.

Read full article (3 min)