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DBV Technologies

Biotech & Life Sciences · Châtillon, France · Founded 2002 · IPO 2012

Epicutaneous immunotherapy patch for treating food allergies. MoreLess

DBV Technologies S.A. is a clinical-stage biopharmaceutical company focused on developing treatments for food allergies through its proprietary epicutaneous immunotherapy (EPIT) platform. Founded in 2002 by pediatric gastroenterologist Dr. Pierre-Henri Benhamou, engineer Bertrand Dupont, and head of neonatology Professor Christophe Dupont, the company was born from a clinical need for a safer, more effective way to treat allergies. The founders combined their medical and engineering expertise to pioneer a non-invasive method for desensitizing patients to allergens.

The company's core technology is the Viaskin patch, a non-invasive daily patch designed to deliver small amounts of allergens, or antigens, to the immune system through intact skin. This method targets specific immune cells in the skin without the allergen entering the bloodstream, which minimizes the risk of severe systemic reactions. The primary business model centers on the research, development, and eventual commercialization of Viaskin-based products. As a clinical-stage company, its revenue is currently derived from partnerships and milestone payments, with future revenue expected from product sales upon regulatory approval. The company is publicly traded on the Euronext Paris and NASDAQ exchanges.

DBV's lead product candidate is Viaskin Peanut, aimed at treating peanut allergies in children. After facing a setback in 2020 with a Complete Response Letter from the U.S. Food and Drug Administration (FDA) due to concerns about patch adhesion, the company redesigned the product. Subsequent Phase 3 clinical trials, such as VITESSE and EPITOPE, have demonstrated statistically significant therapeutic effects in children aged 4-7 and toddlers aged 1-3. Based on these positive results, DBV Technologies plans to submit a Biologics License Application (BLA) to the FDA in 2026. The pipeline also includes Viaskin Milk for cow's milk protein allergy and early-stage research into treatments for other conditions like celiac disease.

Keywords: epicutaneous immunotherapy, Viaskin, food allergy treatment, peanut allergy patch, biopharmaceutical, clinical-stage, Dr. Pierre-Henri Benhamou, Bertrand Dupont, Christophe Dupont, pediatric allergies, non-invasive desensitization, EPIT platform, Viaskin Peanut, Viaskin Milk, FDA submission, VITESSE trial, EPITOPE trial, allergy desensitization, immunotherapy products, skin patch therapy, allergen delivery

Valuation $605M
Revenue $2.8M
Total funding $100–500M

Company overview

DBV Technologies company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2002
Headquarters
Châtillon, France
Employees
237
Open positions
8
Dealroom signal
90.7
client focusb2bsub industryPharmaceuticalsub industryBioTechnologybusiness modelManufacturingindustryHealthsectorBiotechnologysectorDrug DevelopmentsectorPatient CaresectorAllergysectorImmune SystemsectorSpinoutsectorBiotech and Pharmasectorbiotech medtech and e-healthsectorObservatoire Deeptech

Valuation & funding

DBV Technologies funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO EQUITYOther financing Jan 2026 $194M Undisclosed
POST IPO EQUITYOther financing Oct 2025 $30M Undisclosed
POST IPO EQUITYOther financing Apr 2025 $307M Undisclosed
POST IPO EQUITYOther financing Mar 2025 $128M Bpifrance · Adage Capital · Vivo Capital · Janus Henderson Investors
POST IPO EQUITYOther financing Jun 2022 $199M RA Capital Management · Fairmount Funds Management · Venrock Healthcare Capital Partners
GROWTH EQUITY VCOther financing Oct 2020 Undisclosed
POST IPO EQUITYOther financing Mar 2018 Undisclosed
IPOOther financing Apr 2012 Undisclosed
SERIES COther financing Jan 2011 Alto Invest · Lundbeckfonden · Sofinnova Partners · Lundbeckfonden Ventures
SERIES BOther financing Jan 2009 Sofinnova Partners
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Financials

Revenue, earnings and profit over time

Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.

YearRevenueGrowthEBITDAMargin
2026 $4.1M −$127M -3097.2%
2025 $0 −$139M
2024 $0 −$109M
2023 $0 -100% −$67M
2022 $4.8M -15.9% −$97M -2012.5%
2021 $5.7M −$100M -1759.9%
2020 $0 −$137M
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

DBV Technologies website traffic

Latest recorded traffic for DBV Technologies is 9.6K monthly website visits, up 10.3% over the last three months. DBV Technologies's team grew 18.5% over the past year.

Latest monthly visits9.6K 3-month web change+10.3% 1-year team growth+18.5%
Monthly website visits115 observations · Dec 2016–Jul 2026
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Comparisons

DBV Technologies compared with similar companies

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Showing 8 of the closest matchesCompare every metric →

Talent graph

DBV Technologies's talent

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Team profiled 24 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 6 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

16 investors on DBV Technologies's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series A 2 investors entered at this stage
Apax Partners
Sofinnova Partners
Series B+ 14 investors entered at this stage
Lundbeckfonden
Alto Invest
Lundbeckfonden Ventures
RA Capital Management
Fairmount Funds Management
Venrock Healthcare Capital Partners
Bpifrance
Adage Capital
Vivo Capital
Janus Henderson Investors
Surveyor Capital
MPM BioImpact
Octagon Capital Advisors
Yiheng Capital

Global footprint

Where DBV Technologies has talent and traffic

Workforce by country
5 countries with
team presence
🇫🇷 France58.6%
🇺🇸 United States39.3%
🇮🇪 Ireland0.7%
🇬🇧 United Kingdom0.7%
🇨🇭 Switzerland0.7%
5 countries shown

In the news

Latest news about DBV Technologies

Recent press, funding announcements, and product moves mentioning DBV Technologies — open to read from the original sources.

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Market sentiment

What the market is saying about DBV Technologies

An AI-synthesized read of the highest-engagement posts about DBV Technologies on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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