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Kamada

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Pharmaceutical Development by Using a Unique Protein Purification Technology

Ness Ziyyona, IsraelFounded 1990Biotech & Life Sciences
Valuation $511M Market cap · 2026
Revenue $154M Latest reported FY
EBITDA $39M Latest reported FY

About Kamada

Kamada Ltd. is a biopharmaceutical company specializing in the development, production, and commercialization of plasma-derived protein therapeutics. Founded in 1990 and headquartered in Rehovot, Israel, Kamada operates in the global healthcare market, primarily serving patients with rare and serious conditions such as pulmonary emphysema, liver disease, and cytomegalovirus (CMV) infections. The company is publicly traded on NASDAQ and the Tel Aviv Stock Exchange under the ticker symbol KMDA.

Kamada's core business revolves around its proprietary technology for the extraction and purification of proteins from human plasma. This technology enables the company to produce a range of therapeutic products, including its flagship product, Glassia, an intravenous treatment for Alpha-1 Antitrypsin (AAT) deficiency. AAT deficiency is a genetic disorder that can lead to severe lung and liver diseases. Kamada also offers KamRAB, a rabies immunoglobulin, and is developing additional products targeting unmet medical needs.

The company's business model is built on a combination of direct sales and strategic partnerships. Kamada generates revenue through the sale of its products to hospitals, clinics, and healthcare providers, as well as through licensing agreements and collaborations with other pharmaceutical companies. For instance, Kamada has a long-standing partnership with Takeda Pharmaceuticals for the distribution of Glassia in the United States.

Kamada's growth strategy focuses on expanding its product portfolio, enhancing its manufacturing capabilities, and entering new markets. The company is also investing in research and development to advance its pipeline of innovative therapies, which includes treatments for graft-versus-host disease (GVHD) and COVID-19.

Source: Dealroom company data

At a glance

Status
Listed
Founded
1990
Headquarters
Ness Ziyyona, Israel
Listing
IPO 2013
Employees
359
Open positions
28
Dealroom signal
48.6/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Personal Health, Diabetes, Testing, Social, Health, Developer Tools, Biotechnology, Therapeutics, Injections
Business model
Manufacturing
Client focus
b2b, b2c

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
PRIVATE PLACEMENT NON VC✓Other financing May 2023 $60M — FIMI ↗
POST IPO EQUITYOther financing Jan 2020 $25M — FIMI —
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMarginProfitMarginR&D
2026 $155M -14.1% $39M 25.1% $22M 14% $13M
2025 $180M +12.1% $40M 22.4% $20M 11.2% $13M
2024 $161M +12.9% $28M 17.3% $14M 9% $15M
2023 $143M +10.2% $22M 15.7% $14M
2022 $129M +24.8% $11M 8.1%
2021 $104M -22.2% $5.2M 5%
2020 $133M — $25M 18.9%
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Kamada website traffic

Latest recorded traffic for Kamada is 10K monthly website visits, up 63.9% over the last three months. Kamada's team grew 55.4% over the past year.

Latest monthly visits10K 3-month web change+63.9% 1-year team growth+55.4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later2 investors entered at this stage

  • Hercules Capital
  • FIMI

Other known investors1 additional known investor

  • Sivan Baram
Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 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.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇮🇱 Israel58.8%
🇺🇸 United States7.9%
🇨🇭 Switzerland0.6%
🇧🇷 Brazil0.6%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Kamada on X, ranked by likes and reposts, corporate channels excluded.

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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