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Editas Medicine
Type
Public
Traded as NASDAQ: EDIT
Industry Pharmaceutical company
Headquarters Cambridge, Massachusetts
Website www.editasmedicine.com

Editas Medicine is a discovery-phase pharmaceutical company based in Cambridge, Massachusetts which aims to develop therapies based on CRISPR–Cas9 gene editing technology. The company went public on 2 Feb 2016. This initial public offering was noted as being the first such from a company which aims to use "DNA itself to internally treat afflictions". The company has conceded that “It will be many years, if ever, before we have a product candidate ready for commercialization.” Further, the company's valuation depends on a single patent, which holder was in dispute as of early 2016, presenting a major risk to the company's continued viability.

The company entered into a strategic collaboration with Juno Therapeutics in 2015 to combine its CRISPR-Cas9 technology with Juno's experience in creating chimeric antigen receptor and high-affinity T cell receptor therapeutics to the end of developing cancer therapeutics.

The company announced in 2015 that it was planning a clinical trial in 2017 using CRISPR gene editing techniques to treat Leber's congenital amaurosis, a rare genetic illness that causes blindness.

Direct competitors to Editas include Crispr Therapeutics, Intellia Therapeutics, and Caribou Biosciences.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2016-06-10 Reiterated Rating Jefferies Group Hold $35.00
2016-06-02 Initiated Coverage Jefferies Group Hold $35.00
2016-05-16 Reiterated Rating Cowen and Company Buy
2016-02-29 Initiated Coverage Morgan Stanley Equal to Equal Weight $28.00
2016-02-29 Initiated Coverage JPMorgan Chase & Co. Neutral $32.00
2016-02-29 Initiated Coverage JMP Securities Outperform $40.00
2016-02-29 Initiated Coverage Cowen and Company Outperform
2016-06-10 Reiterated Rating Jefferies Group Hold $35.00
2016-06-02 Initiated Coverage Jefferies Group Hold $35.00
2016-05-16 Reiterated Rating Cowen and Company Buy
2016-02-29 Initiated Coverage Morgan Stanley Equal to Equal Weight $28.00
2016-02-29 Initiated Coverage JPMorgan Chase & Co. Neutral $32.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks