Type
|
Public |
---|---|
Traded as | NASDAQ: EDIT |
Industry | Pharmaceutical company |
Headquarters | Cambridge, Massachusetts |
Website | www |
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.
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
In EDIT 179 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
BlackRock Inc. | 6.98M |
Vanguard Group, Inc | 6.73M |
STATE STREET CORP | 6.35M |
CITADEL ADVISORS LLC | 1.43M |
Partner Fund Management, L.P. | 1.28M |
GEODE CAPITAL MANAGEMENT, LLC | 1.26M |
JPMORGAN CHASE & CO | 1.16M |
Capital World Investors | 1.10M |
TWO SIGMA ADVISERS, LLC | 1.08M |
TWO SIGMA INVESTMENTS LLC | 1.01M |
CREDIT SUISSE AG/ | 1.00M |
MORGAN STANLEY | 0.91M |
GOLDMAN SACHS GROUP INC | 0.79M |
NORTHERN TRUST CORP | 0.78M |
BlackRock Fund Advisors | 0.71M |