RTW Venture Fund Limited

RTW Venture Fund Limited

RTWG.L
RTW Venture Fund LimitedGB flagLondon Stock Exchange
116.63
GBp
+0.63
(+0.55%)
-0.17EPS
-6.86P/E
391.79MMarket Cap
RTW Venture Fund Limited
RTWG.L
(London Stock Exchange)

Recent

price

116.63

P/E

ratio

-6.86

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
FRC
0.17
0.28
0.68
-0.26
-0.16
- -
Revenue per Share
0.17
0.27
0.67
-0.27
-0.17
- -
Basic EPS, GAAP
- -
-0.46
-0.24
-0.19
0.04
- -
Free Cash Flow per Basic Share
- -
- -
0.02
0.02
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
0.41
1.5
1.72
1.63
1.5
- -
Tangible Book Value per Share
162
143
240
238
232
- -
Basic Weighted Avg Shares
28
40
163
-61
-37
86
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
Depreciation Expense
28
39
161
-64
-39
83
Net Income, GAAP
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
99.75
97.5
98.7
105.62
108.02
96.4
Profit Margin (%)
- -
- -
- -
- -
- -
- -
Working Capital
- -
- -
- -
- -
- -
- -
LT Debt
66
214
413
387
348
429
Total Equity
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
65.13%
23.31%
Free Cash Flow
- -
29,882.42%
223.95%
Net Income, GAAP
- -
-27.22%
-310.95%
Sales/Revenue/Turnover
- -
-32.42%
-336.36%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
-61
2022
- -
- -
- -
- -
-37
2023
- -
- -
- -
- -
86

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
-0.27
2022
- -
- -
- -
- -
-0.17
2023
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
0.02
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
Business
RTW Venture Fund Limited RTW Venture Fund Limited (ticker: RTWG.L), also known as RTW Biotech Opportunities Ltd following its name change in June 2023, operates as a Guernsey-based closed-end investment fund that specializes in identifying and investing in transformative assets with high growth potential across the life sciences, biopharmaceutical, and medical technology sectors. The fund, managed by RTW Investments LP headquartered in New York with additional offices in London and Shanghai, focuses on a full lifecycle approach, providing capital and expertise to companies from early-stage venture creation through pre-IPO clinical development to public market investments; its core offerings include direct equity investments in innovative biotechs developing next-generation therapies and technologies aimed at significantly improving patient outcomes, such as genetic targets, molecular therapeutics, cardiovascular medicines, and presbyopia-correcting eye drops. Geographically, the fund maintains a global reach with approximately 80% of its portfolio allocated to U.S.-based assets originating from labs in the US, UK, Europe, and Asia, while targeting clinical-stage and growth-oriented companies serving healthcare markets worldwide. In recent developments, the fund participates actively in portfolio company milestones, including Merck's $10 billion acquisition of Verona Pharma, a position held by the fund, as well as Novartis's acquisition of Avidity Biosciences and Biogen's acquisition of Alcyone Therapeutics in 2025, which highlight ongoing merger and acquisition activity enhancing shareholder value. RTW Biotech Opportunities advances its capital allocation strategy through the completed $57.1 million acquisition of a 25.5% stake in Arix Bioscience in early 2025, positioning it to support the Arix scheme at the forthcoming AGM and potentially acquire additional assets. Further, the fund engages in significant financings, such as participations in Ventyx Biosciences' $114 million round and Visus Therapeutics' $36 million round in 2023, alongside a $25 million private placement in Milestone Pharmaceuticals, while portfolio company Kailera Therapeutics announces positive Phase 2 data for its GLP-1/GIP dual agonist HRS9531 in obesity treatment in January 2025; these activities underscore a long-term investment horizon driven by deep scientific expertise and opportunistic transactions.