First Tracks Biotherapeutics

First Tracks Biotherapeutics Net Debt

The Net Debt of First Tracks Biotherapeutics (TRAX) as of Nov 5, 2026 is -309.56 M USD. In the previous year, Net Debt was -383.45 M USD — a change of -19.27% (higher).

Net Debt

-309.56 MUSD

YoY

-19.27%

Last updated:

Net Debt of First Tracks Biotherapeutics is 2025 -309.56 M USD. Net Debt of First Tracks Biotherapeutics was 2024 -383.45 M USD. It decreases by -19.27% higher compared to the previous year.

The First Tracks Biotherapeutics Net Debt history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Net Debt
Date
Net Debt
Jan 1, 2023
-389.13 M USD
Jan 1, 2024
-383.45 M USD
Jan 1, 2025
-309.56 M USD
The First Tracks Biotherapeutics Net Debt history
YEARNet DebtYoY
-309.56 MUSD-19.27%
-383.45 MUSD-1.46%
-389.13 MUSD—

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First Tracks Biotherapeutics Stock analysis

What does First Tracks Biotherapeutics do? First Tracks Biotherapeutics develops immunology therapeutics for autoimmune and inflammatory diseases in the United States. Its products include ANB033, a novel anti-CD122 antagonist targeting the shared beta subunit of IL-15 and IL-2 receptors; Rosnilimab, an antibody engineered to selectively deplete pathogenic T cells in peripheral and inflamed tissues; and ANB101, a BDCA2-modulating antibody targeting plasmacytoid dendritic cells. The company was formerly Biopharma Co., Inc., renaming to First Tracks Biotherapeutics in February 2026 after founding in 2019. It operates in the clinical-stage biotechnology sector with a focus on autoimmune and inflammatory disease treatments. The company generates revenue through the development and potential commercialization of its pipeline products. ANB033, Rosnilimab, and ANB101 represent its core therapeutic candidates targeting specific immune pathways. These products are developed for clinical trials and eventual market entry, with potential licensing agreements or partnerships for further development and distribution. The target segments include patients with autoimmune and inflammatory conditions seeking novel treatment options. First Tracks Biotherapeutics focuses on delivering innovative therapeutics for unmet medical needs in immunology. Its product portfolio targets key immune mechanisms involved in autoimmune and inflammatory diseases, aiming to provide more effective and targeted treatments. The company's development strategy centers on advancing its clinical-stage candidates toward regulatory approval and market availability. First Tracks Biotherapeutics is one of the most popular companies on Eulerpool.

Frequently Asked Questions about First Tracks Biotherapeutics stock

Net Debt of First Tracks Biotherapeutics is -309.56 M USD in 2025.

Net Debt of First Tracks Biotherapeutics changed from -383.45 M USD to -309.56 M USD, representing a -19.27% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Net Debt First Tracks Biotherapeutics since 2006 – with annual values, charts, and detailed analysis.

Net debt is total debt minus cash and cash equivalents. It shows the actual debt burden after accounting for available liquid resources.

Net Debt's USD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Net Debt's First Tracks Biotherapeutics historically and in real time.

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Balance Sheet — First Tracks Biotherapeutics

All Key Metrics — First Tracks Biotherapeutics