Comp Sets
Filter by therapeutic area, modality, stage, geography, and deal type to build a relevant comparable set in seconds. Every transaction sourced from SEC filings and FTC premerger notifications.
Solidus
Real-time deal benchmarks for life sciences transactions.
A proprietary database of 2,500+ verified biopharma transactions across 12 therapeutic areas. Comp sets, upfront analysis, milestone structures, and counterparty intelligence — refreshed daily.
Capabilities
Everything anchored to verified transactions.
Upfront Analysis
Median upfronts, distributions, and trend lines across your comp set. See how upfront-to-total ratios have shifted by year, stage, and therapeutic area.
Milestone Modeling
Milestone structure breakdowns by type — development, regulatory, commercial, and sales-based. Achievability rates calibrated against historical payout data.
Counterparty Mapping
Identify which acquirers and licensees are active in your therapeutic area. Track counterparty behavior across deal types, geographies, and time periods.
Built For
Anyone on either side of a life sciences transaction.
Operating Companies
Benchmark your term sheet against verified comps before you sign. Know whether the upfront, milestones, and royalties on the table match what the market actually pays.
Investors
Evaluate deal terms across portfolio companies. Identify whether a proposed structure is market-rate or whether there is room to renegotiate.
Advisory Teams
Anchor negotiations with verifiable data. Pull comp sets into pitch materials, board presentations, and term sheet discussions.
Bring us your transaction.
We’ll meet you at peer level — anywhere in the world.