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89bio vs Madrigal Pharmaceuticals

89bio logo

89bio

Developing and commercializing innovative therapies for the treatment of liver and cardio-metabolic diseases

123 employees · est. 2018 · San Francisco, United States

VS
Madrigal Pharmaceuticals logo

Madrigal Pharmaceuticals

Madrigal is focused on delivering novel therapeutics for MASH, a serious liver disease

1129 employees · est. 2016 · Conshohocken, United States

Madrigal Pharmaceuticals is the older company (2018 vs 2016); Madrigal Pharmaceuticals is the larger of the two.

Side-by-Side Comparison

89bio Madrigal Pharmaceuticals
Founded
2018 2016 older
Headquarters
San Francisco, United States Conshohocken, United States
Employees
123 1129 larger
Industry
Biopharma, Biotechnology, Pharmaceutical Biopharma, Biotechnology, Medical Devices
Funding Stage
Post-IPO Equity IPO
Total Funding
$773.20M $1.68B
Funding Rounds
7 9
Taxonomy
Biopharmaceutical CompanyClinical-stageFGF21 AnalogNASH TreatmentSHTG TreatmentLiver Diseases +9 BiopharmaceuticalTherapeuticsMetabolic DiseasesLiver DiseaseNASH TreatmentCardiovascular-metabolic Diseases +9
Website
89bio.com madrigalpharma.com
89bio logo

About 89bio

89bio 89bio is a clinical-stage biopharmaceutical company with a focus on developing and commercializing innovative therapies for the treatment of liver and cardio-metabolic diseases. Their lead product candidate, BIO89-100, is an engineered glycoPEGylated analog of FGF21 designed for the treatment...

Madrigal Pharmaceuticals logo

About Madrigal Pharmaceuticals

Madrigal Pharmaceuticals is a biopharmaceutical company founded in 2016, focusing on developing therapeutics for metabolic and fatty liver diseases. The company's first therapy received accelerated approval from the U.S. Food and Drug Administration (FDA) for the treatment of adults with nonalcoholi...

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Frequently Asked Questions

89bio was founded in 2018, based in San Francisco, United States, with 123 employees. 89bio 89bio is a clinical-stage biopharmaceutical company with a focus on developing and commercializing innovative therapies for the treatment of liver and cardio-metabolic diseases. Their lead produ. Madrigal Pharmaceuticals was founded in 2016, based in Conshohocken, United States, with 1,129 employees. Madrigal Pharmaceuticals is a biopharmaceutical company founded in 2016, focusing on developing therapeutics for metabolic and fatty liver diseases. The company's first therapy received accelerated ap.
89bio has raised $773.20M and Madrigal Pharmaceuticals $1.68B. Latest stage: 89bio Post-IPO Equity, Madrigal Pharmaceuticals IPO.
Both work in Biopharma, Biotechnology and Pharmaceutical and list nash treatment among their focus areas.

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Compiled from the BounceWatch company index. We last looked at 89bio on 9 Jun 2026, and Madrigal Pharmaceuticals on 9 Jun 2026. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.

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