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InflaRx N.V.: Business Overview, Financials & Competitive Analysis

InflaRx N.V. scores 5/10 on the AskCyborg Cyborg Score (Mixed). Early-stage biotech with differentiated C5a-targeting approach facing near-term catalysts that could significantly de-risk pipeline but carrying inherent clinical development risk. InflaRx has a strong technology platform and multiple clinical programs advancing through key milestones, but remains clinical-stage with no approved commercial products beyond EUA for COVID-19. Financial runway appears adequate.

What is InflaRx N.V.'s industry? InflaRx N.V. (inflarx.de) operates in Biopharmaceutical - Immunology/Inflammatory Diseases. AskCyborg classifies InflaRx N.V. under Biopharmaceutical - Immunology/Inflammatory Diseases in its company registry.

InflaRx is a clinical-stage biopharmaceutical company that discovers and develops inhibitors using C5a technology, where C5a is an inflammatory mediator involved in the progression of autoimmune and other inflammatory...

5/ 10Mixed

Cyborg Score thesis

Early-stage biotech with differentiated C5a-targeting approach facing near-term catalysts that could significantly de-risk...

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Industry Biopharmaceutical - Immunology/Inflammatory Diseases
2 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: September 14, 2026
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InflaRx N.V. OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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InflaRx N.V. Overview

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InflaRx is a clinical-stage biopharmaceutical company that discovers and develops inhibitors using C5a technology, where C5a is an inflammatory mediator involved in the progression of autoimmune and other inflammatory diseases. The company applies its proprietary anti-C5a and anti-C5aR technologies to discover, develop and commercialize highly potent and specific inhibitors of the complement activation factor C5a and its receptor C5aR.

Strategic Profile

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The company's lead product candidate is vilobelimab, a first-in-class anti-C5a monoclonal antibody, which completed Phase III clinical trials for hidradenitis suppurativa and is in Phase II development for anti-neutrophil cytoplasm antibody associated vasculitis and other indications. Multiple near-term catalysts are anticipated including interim analysis for vilobelimab Phase 3 trial in pyoderma gangrenosum with recommendation expected end of May to early June, and topline data for INF904 Phase 2a trial expected in summer 2025.

Competitive Landscape

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InflaRx has a co-development agreement with Beijing Defengrei Biotechnology and clinical trial collaboration and supply agreement with Merck & Co. The company competes within the complement inhibitor space targeting rare inflammatory and autoimmune diseases with limited competition in C5a-specific targeting, though broader anti-inflammatory and immunology programs exist from larger pharma companies.

Industry Context

InflaRx N.V. operates in Biopharmaceutical - Immunology/Inflammatory Diseases.

Key facts

Founded: 2007 · Headquarters: Jena, Germany · Employees: 74 · Market cap: $68.43M USD

What the analysts stress-tested

The top findings that survived the multi-agent debate for InflaRx N.V..

  • Lead candidate vilobelimab completed Phase 3 trial in hidradenitis suppurativa with multiple other indications in Phase 2 development
  • Dual pipeline approach: intravenous vilobelimab and oral INF904 targeting C5a pathway across multiple inflammatory and autoimmune diseases
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Recent developments

Material events tracked by the AskCyborg corpus.

  • May 2025Q1 2025 results: €65.7 million in cash after underwritten public offering; confirmed near-term catalysts
  • May 2025Interim analysis for vilobelimab Phase 3 trial in pyoderma gangrenosum scheduled for end of May to early June 2025
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Named competitors

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Industry context

InflaRx N.V. operates in Biopharmaceutical - Immunology/Inflammatory Diseases. See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does InflaRx N.V. do?+
InflaRx is a clinical-stage biopharmaceutical company that discovers and develops inhibitors using C5a technology, where C5a is an inflammatory mediator involved in the progression of autoimmune and other inflammatory...
What is InflaRx N.V.'s Cyborg Score?+
InflaRx N.V. has a Cyborg Score of 5/10 (Mixed). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are InflaRx N.V.'s main competitors?+
Named competitors include C5a Inhibitors, General Anti-inflammatory Therapeutics. The full competitive landscape is in the AskCyborg report.
How can I get the full InflaRx N.V. research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the InflaRx N.V. research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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