Tourmaline Bio (TRML)

Overall impact
B (75)

Commentary

Tourmaline Bio is a strong overall performer. With a 'B' rating of 75.0 for overall impact (89th percentile compared to all companies), Tourmaline Bio ranks 154th out of 649 industry peers, behind Curium Pharma, Cell Source, Amgen and 150 others, and ahead of Allena Pharmaceuticals, Pluristem Therapeutics, Viking Therapeutics and 492 others. On top material causes for Tourmaline Bio's industry (Biotechnology), Tourmaline Bio performs well in Racial Justice and Civil Rights (81.8 score), Child and Maternal Health (95.3), Accountable Institutions (95.2) and 13 other causes where it received an 'A' score and performs poorly in Disease Eradication (29.1 score) and Disease Eradication (29.1).
Impact
Cause TRML
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Company
Founded
2021
Employees
74
Sector
Health Care
Industry
Biotechnology
Sub-industry
Biotechnology
SASB industry
Biotechnology & Pharmaceuticals
Headquarters
New York, United States
Share classes
TRML
Description
Tourmaline Bio Inc is a late-stage clinical biotechnology company driven by its mission to develop transformative medicines that dramatically improve the lives of patients with life-altering immune diseases. Its initial product candidate is TOUR006, a fully human monoclonal antibody that selectively binds to interleukin-6 (IL-6), a key proinflammatory cytokine involved in the pathogenesis of many autoimmune and inflammatory disorders. The anti-IL-6 and anti-IL-6 receptor (IL-6R) antibody class (IL-6 class) has over two decades of clinical and commercial experience treating over a million patients with a variety of autoimmune and inflammatory diseases.
Material causes
Ethos considers the following causes material for Tourmaline Bio, based on its industry sub-industry Biotechnology. Learn more about material causes in our methodology overview.

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