Eiger BioPharmaceuticals, Inc. is a biotechnology company focused on developing therapies for rare diseases, particularly its lead product, Avexitide, targeting post-bariatric hypoglycemia. The company's unique position in the niche market of rare diseases, combined with its high gross margin of 95.1%, allows it to maintain a competitive edge despite ongoing operational losses.
HealthcareBiotechnologylow - Eiger's operating model is characterized by high fixed costs associated with R&D and regulatory compliance, leading to significant operational leverage challenges.