- Investing.com
Editas Medicine, Inc., a clinical stage genome editing company, focuses on developing transformative genomic medicines to treat a range of serious diseases. The company develops a proprietary gene editing platform based on CRISPR technology. Its lead program is EDIT-401, a one-time therapy designed to reduce LDL cholesterol through the upregulation of the LDL receptor to treat hyperlipidemia. The company also develops therapies to treat Sickle cell disease and transfusion-dependent beta thalassemia; and in vivo gene editing medicines indicated for other cells and tissues. It has a research collaboration with Juno Therapeutics, Inc. to develop alpha-beta T-cell experimental medicines for the treatment of solid and liquid tumors, and autoimmune disease. The company was formerly known as Gengine, Inc. and changed its name to Editas Medicine, Inc. in November 2013. Editas Medicine, Inc. was incorporated in 2013 and is based in Cambridge, Massachusetts.
Market Valuation | Analysts set price targets ranging from $3 to $5, reflecting varied perspectives on Editas' potential in the competitive gene editing landscape |
Pipeline Progress | Delve into Editas' strategic focus on cardiometabolic diseases, with plans for IND and CTA submissions by mid-2026 and proof-of-concept data by end-2026 |
Financial Fortitude | Explore Editas' solid financial foundation, with a cash runway extending to Q2 2027, supporting ambitious R&D efforts despite projected losses |
Gene Editing Pionee | Editas Medicine leads in cardiometabolic gene therapies, with EDIT-401 showing potential for 90% LDL-C reduction, outperforming current treatments |
Metrics to compare | EDIT | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipEDITPeersSector | |
|---|---|---|---|---|
P/E Ratio | −2.1x | −1.9x | −0.5x | |
PEG Ratio | −0.06 | −0.09 | 0.00 | |
Price / Book | 12.4x | 2.1x | 2.6x | |
Price / LTM Sales | 8.3x | 68.8x | 3.2x | |
Upside (Analyst Target) | 45.3% | 388.3% | 47.6% | |
Fair Value Upside | Unlock | 8.0% | 6.1% | Unlock |