UroGen Pharma

UroGen Pharma

URGN
Is this your company? Claim your profile to update info and connect with investors.
Claim profile

URGN · Stock Price

USD 26.59+16.21 (+156.17%)
Market Cap: $1.4B

Historical price data

Market Cap: $1.4BPipeline: 14 drugs (7 Phase 3)Patents: 13Founded: 2004Employees: 100-500HQ: Princeton, United States

Overview

UroGen Pharma is a commercial-stage biotech focused on transforming the treatment paradigm for urothelial cancers through its proprietary RTGel™ sustained-release hydrogel platform. Its mission is to provide non-surgical, organ-preserving options, validated by the FDA approvals of Jelmyto® for low-grade upper tract urothelial cancer (LG-UTUC) and ZUSDURI™ for recurrent low-grade intermediate-risk non-muscle-invasive bladder cancer (LG-IR-NMIBC). The company's strategy leverages its platform to build a deep pipeline in urologic oncology while executing a targeted commercial launch to establish a new standard of care. Despite a volatile stock price, its ~$830M valuation reflects confidence in its technology and commercial potential.

Urothelial CancerBladder CancerSpecialty Cancers

Technology Platform

Proprietary RTGel™, a reverse-thermal hydrogel that transitions from liquid to gel at body temperature, enabling sustained, localized delivery of therapeutic agents via standard urological procedures.

Pipeline

14
14 drugs in pipeline7 in Phase 3
DrugIndicationStageWatch
UGN-104Upper Urinary Tract Urothelial CarcinomaPhase 3
UGN-102Bladder CancerPhase 3
UGN-101 instillationsCarcinoma, Transitional CellPhase 3
UGN-102Bladder CancerPhase 3
UGN-102Bladder CancerPhase 3

Funding History

4
Total raised:$246M
Debt$100M
IPO$86M
Series B$40M
Series A$20M

FDA Approved Drugs

2
ZUSDURINDAJun 12, 2025
JELMYTONDAApr 15, 2020

Opportunities

Significant opportunity to establish ZUSDURI™ as a new standard of care in recurrent LG-IR-NMIBC, a larger market than its first product.
The RTGel platform offers a pipeline-in-a-product opportunity, enabling rapid development of new formulations for high-grade bladder cancer and other urologic/specialty cancers, driving long-term growth.

Risk Factors

Commercial execution risk is high, as success depends on urologist adoption and reimbursement for ZUSDURI™.
Clinical development risks remain for the broader pipeline, and the company is not yet profitable, relying on future revenue growth and capital markets to fund operations.

Competitive Landscape

Faces limited direct competition in LG-UTUC but intense competition in the broader NMIBC space from established chemotherapies, BCG, and novel agents in development. Its sustainable competitive advantage is the proprietary RTGel delivery system, which enhances drug efficacy and duration of response.

Company Timeline

2004Founded

Founded in Princeton, United States

2015Series B

Series B: $40.0M

2017IPO

IPO — $86.0M

2020FDA Approval

FDA Approval: JELMYTO

2021Debt

Debt: $100.0M

2025FDA Approval

FDA Approval: ZUSDURI