Ascendis Pharma

Ascendis Pharma

ASND
Hellerup, Denmark· Est.
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ASND · Stock Price

USD 246.14+94.89 (+62.74%)
Market Cap: $15.3B

Historical price data

Market Cap: $15.3BPipeline: 25 drugs (8 Phase 3)Patents: 4Founded: 2006Employees: 500-1000HQ: Hellerup, Denmark

Overview

Ascendis Pharma is a mission-driven biotech focused on developing novel therapeutics for rare endocrine diseases and oncology using its proprietary TransCon (transient conjugation) platform. The company has achieved commercial success with its first product, Skytrofa (TransCon hGH), and is advancing a deep pipeline, including late-stage candidates for achondroplasia and hypoparathyroidism. Its strategy combines internal development with strategic geographic partnerships to maximize the global potential of its platform, aiming to build a leading, fully integrated biopharmaceutical company.

Endocrinology Rare DiseaseOncology

Technology Platform

TransCon (Transient Conjugation) is a prodrug platform that temporarily links an inert carrier to an unmodified parent drug, enabling controlled, extended release of the active drug to improve dosing convenience and therapeutic profile.

Pipeline

25
25 drugs in pipeline8 in Phase 3
DrugIndicationStageWatch
Lonapegsomatropin + SomatropinGrowth Hormone DeficiencyPhase 3
Once weekly subcutaneous injection of TransCon hGH + Once da...Growth Hormone Deficiency, PediatricPhase 3
LonapegsomatropinAdult Growth Hormone DeficiencyPhase 3
TransCon hGHGrowth Hormone Deficiency, PediatricPhase 3
TransCon hGHGrowth Hormone Deficiency, PediatricPhase 3

Funding History

4
Total raised:$200M
IPO$100M
Series C$50M
Series B$30M
Series A$20M

FDA Approved Drugs

2
YORVIPATHNDAAug 9, 2024
SKYTROFABLAAug 25, 2021

Company Timeline

2006Founded

Founded in Hellerup, Denmark

2010Series B

Series B: $30.0M

2013Series C

Series C: $50.0M

2015IPO

IPO — $100.0M

2021FDA Approval

FDA Approval: SKYTROFA

2024FDA Approval

FDA Approval: YORVIPATH