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Companies / Healthcare / Annexon, Inc.
ANNX

Annexon, Inc.

HealthcarePharmaceutical Preparations
Ticker ANNXBRISBANE, CAFiscal year ends DecemberBook value per share $0.94Diluted shares 197.6M

Annexon, Inc. (Nasdaq: ANXN) is a clinical-stage biopharmaceutical company developing targeted immunotherapies for complement-mediated neuroinflammatory diseases affecting approximately ten million people worldwide. The company's website is www.annexon.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
—
0.00%
$-206.69M
−49.6% year over year
Last 12 mo $-202.67M
-97.66%
−50.5 percentage points
Last 12 mo -108.93%
Cash & financing
$-186.36M
−57.9% year over year
Last 12 mo $-193.03M
$-186.49M
−58.0% year over year
Last 12 mo $-193.22M
—
155.1M
+12.9% year over year
Last 12 mo 197.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Annexon, Inc. does

In the company’s own words

Annexon, Inc. (Nasdaq: ANXN) is a clinical-stage biopharmaceutical company developing targeted immunotherapies for complement-mediated neuroinflammatory diseases affecting approximately ten million people worldwide. The company's website is www.annexon.com.

Annexon's proprietary platform targets C1q, the initiating molecule of the classical complement pathway, with the goal of stopping neuroinflammation at its source while preserving beneficial immune functions. The company's approach aims to provide complete protection against complement-mediated disorders of the body, brain, and eye by blocking the early classical cascade and all downstream pathway components.

The company's pipeline includes two late-stage registrational programs. Tanruprubart is an investigational targeted immunotherapy delivered via single infusion for Guillain-Barré Syndrome, an acute neuromuscular emergency affecting approximately 150,000 people annually worldwide. In Phase 3 trials, approximately ninety percent of GBS patients treated with tanruprubart improved by week one, with more than twice as many treated patients achieving normal health status at week twenty-six compared to placebo. The company filed a Marketing Authorization Application with the European Medicines Agency in January 2026 and plans to submit a biologics license application to the FDA in 2026. Tanruprubart has received Fast Track and orphan drug designations from the FDA and orphan designation from the EMA.

Vonaprument is an investigational neuroprotective inhibitor of C1q delivered intravitreally for dry age-related macular degeneration with geographic atrophy, affecting more than eight million people worldwide. In Phase 2 trials, vonaprument demonstrated significant vision preservation and reduced the risk of fifteen-letter vision loss by more than seventy percent. The company completed enrollment of 659 patients in the Phase 3 ARCHER II trial in July 2025, with topline data expected in the fourth quarter of 2026. Vonaprument received Priority Medicine designation from the EMA and is the first and only therapeutic candidate for geographic atrophy to receive this designation.

The company is also developing ANX1502, a novel oral small molecule inhibiting activated C1s for autoimmune conditions, currently in Phase 1 and proof-of-concept studies. Annexon holds worldwide development and commercialization rights to all product candidates through exclusive licenses and maintains broad intellectual property protection for its platform and candidates.

Company details
Sector
Healthcare
Industry
Pharmaceutical Preparations
Headquarters
BRISBANE, CA
Fiscal year end
December
CIK
1528115
SIC
2834

Financial performance, year by year

Fiscal 2020–2025 · USD
$-221.02M$-178.03M$-135.05M$-92.07M$-49.08M202020212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Annexon, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

188
funds hold it
0 of 35
superinvestors hold it
$293.11M
held by funds, at market

Largest fund holders · Annexon, Inc.’s weight in each

0.33%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
Select Biotechnology Portfolio
FBIOX · Fidelity Select Portfolios
0.52%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.03%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.01%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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