Savara

Savara

SVRA
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SVRA · Stock Price

USD 5.16+2.30 (+80.42%)
Market Cap: $1.1B

Historical price data

Market Cap: $1.1BPipeline: 12 drugs (4 Phase 3)Founded: 2007HQ: Austin, United States

Overview

Savara is a clinical-stage biopharmaceutical company with a mission to develop and commercialize novel therapies for rare respiratory diseases, starting with autoimmune pulmonary alveolar proteinosis (aPAP). Its core achievement is the advancement of its lead candidate, molgramostim, into Phase 3 development with a validated Marketing Authorization Application (MAA) under review by the European Medicines Agency. The company's strategy centers on targeted pulmonary delivery of GM-CSF to correct a fundamental disease mechanism, aiming to secure regulatory approvals and establish a commercial footprint in the global orphan drug market. Savara's experienced leadership team, with proven track records in rare disease commercialization, is executing this focused plan to transition into a commercial-stage entity.

Rare Respiratory DiseasesPulmonary Medicine

Technology Platform

Proprietary nebulizer system for the localized inhaled delivery of granulocyte-macrophage colony-stimulating factor (GM-CSF) directly to the lungs, designed to treat diseases characterized by alveolar macrophage dysfunction.

Pipeline

12
12 drugs in pipeline4 in Phase 3
DrugIndicationStageWatch
MolgramostimAutoimmune Pulmonary Alveolar ProteinosisPhase 3
Molgramostim + Placebo + Molgramostim Open-labelAutoimmune Pulmonary Alveolar ProteinosisPhase 3
Vancomycin inhalation powder + Placebo inhalation powder + V...MRSAPhase 3
MolgramostimAutoimmune Pulmonary Alveolar ProteinosisPhase 3
Vancomycin hydrochloride inhalation powder + Placebo inhalat...Cystic FibrosisPhase 2

Funding History

4
Total raised:$175M
PIPE$75M
IPO$60M
Series B$25M
Series A$15M

Opportunities

First-in-class approval for aPAP could establish a new standard of care and generate significant orphan drug revenue.
Success in aPAP validates the inhaled GM-CSF platform, enabling expansion into other rare pulmonary indications with high unmet need.
A focused commercial launch in a specialized rare disease space offers high pricing power and targeted commercial efficiency.

Risk Factors

The company faces significant regulatory risk with its first major submission under review; approval is not guaranteed.
As a pre-revenue company with a single lead asset, its valuation is highly sensitive to clinical, regulatory, and commercial setbacks.
Successful market adoption post-approval requires building a commercial infrastructure and overcoming physician reliance on the invasive standard of care (whole lung lavage).

Competitive Landscape

Molgramostim's primary competition is the invasive procedural standard of care, whole lung lavage, as there are no approved pharmacologic therapies for aPAP. Savara holds a substantial first-mover advantage with late-stage data and a regulatory submission, creating a high barrier for potential future drug entrants. The key competitive battle will be in market education and shifting treatment paradigms rather than direct drug-to-drug competition in the near term.

Company Timeline

2007Founded

Founded in Austin, United States

2010Series B

Series B: $25.0M

2017IPO

IPO — $60.0M

2021PIPE

PIPE: $75.0M