Clearside Biomedical, Inc. CLSD

Competitive advantage analysis · healthcare

Corporate Default
Overall moat score
44/100
Developing

About Clearside Biomedical, Inc.

Clearside Biomedical, Inc., a biopharmaceutical company, focuses on the revolutionizing the delivery of therapies to the back of the eye through the suprachoroidal space. The company offers XIPERE, a triamcinolone acetonide injectable suspension for the treatment of macular edema associated with uveitis. It also develops CLS-AX, an axitinib injectable suspension for suprachoroidal injection, which has completed Phase 2 clinical trial … Full CLSD analysis →

Competitive advantage assessment

Key strengths

  • ROIC Sustainably Above Peers ROIC at 91.4th percentile exceeds peers and WACC, demonstrating superior capital allocation.
  • Strong Interest Coverage & Conservative Leverage Debt serviceability is strong (score 0.85), with robust interest coverage.

Key risks

  • Revenue Volatility Signals Weak Stickiness Revenue volatility is high (stability score 0.28), suggesting weak customer stickiness.
  • Below-Peer Operating Efficiency Operating margin at 34.2th percentile indicates below-peer efficiency.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Developing
32

Where CLSD ranks in Biotechnology

Clearside Biomedical, Inc. ranks #314 of 713 scored companies in Biotechnology by moat score — the top 44%. The widest moat in the group is Royalty Pharma plc (RPRX) at 85/100.

Moat scores for companies ranked near CLSD in Biotechnology
# Company Moat score Rating
310 Nutriband Inc. Warrant NTRBW 44/100 Developing
311 Cartesian Therapeutics, Inc. RNAC 44/100 Developing
312 ACELYRIN, INC. SLRN 44/100 Developing
313 Nutriband Inc. NTRB 44/100 Developing
314 Clearside Biomedical, Inc. CLSD 44/100 Developing
315 Enlivex Therapeutics Ltd. ENLV 44/100 Developing
316 Alector, Inc. ALEC 44/100 Developing
317 Kairos Pharma, Ltd. KAPA 44/100 Developing
318 Anebulo Pharmaceuticals, Inc. ANEB 44/100 Developing

See every Biotech / Pre-Revenue company ranked by moat score →

How CLSD scores on the Corporate Default defenses

Pricing Power

Score 32 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 32 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 30 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 68 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 64 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 36 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding CLSD's moat

What is Clearside Biomedical, Inc.'s moat score?

Clearside Biomedical, Inc. (CLSD) scores 44 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as developing. It ranks #314 of 713 scored companies in Biotechnology, the top 44%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 712 companies in Biotechnology. Its strongest defense is Capital Efficiency (68/100) and its weakest is Customer Stickiness (30/100).

How does Clearside Biomedical, Inc. compare with other Biotechnology companies?

Clearside Biomedical, Inc. ranks #314 of 713 scored companies in Biotechnology by moat score. The widest moat in Biotechnology is Royalty Pharma plc (RPRX) at 85/100. The companies ranked closest are Nutriband Inc. (NTRB) at 44 just above it and Enlivex Therapeutics Ltd. (ENLV) at 44 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 712 companies in Biotechnology. The defenses are then weighted to produce the overall score out of 100.

Why is Clearside Biomedical, Inc. scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for Clearside Biomedical, Inc.?

The Corporate Default template measures 6 defenses, and CLSD scores: Pricing Power (32), Cost Advantage (32), Customer Stickiness (30), Capital Efficiency (68), Resilience (64), Scale & Market Position (36). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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