Editas Medicine, Inc., a clinical stage genome editing company, focuses on developing transformative genomic medicines to treat a range of serious diseases. It develops a proprietary gene editing platform based on CRISPR technology. The company develops EDIT-101, which is in Phase 1/2 BRILLIANCE trial for Leber Congenital Amaurosis; and reni-cel, a clinical development gene-edited medicine to treat sickle cell disease and transfusion-dependent beta-thalassemia. In addition, the company is developing alpha-beta T cells for solid and liquid tumors; and gamma delta T cell therapies to treat cancer. It has a research collaboration with Juno Therapeutics, Inc. to develop engineered T cells for cancer; and strategic alliance and option agreement with Allergan Pharmaceuticals International Limited, as well as collaboration with Bristol Myers Squibb for research and development of alpha-beta T cell medicines for the treatment of cancer and autoimmune diseases. 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.
Metrics to compare | EDIT | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipEDITPeersSector | |
---|---|---|---|---|
P/E Ratio | −1.4x | −2.3x | −0.6x | |
PEG Ratio | −0.07 | −0.03 | 0.00 | |
Price/Book | 1.1x | 1.7x | 2.6x | |
Price / LTM Sales | 4.0x | 9.2x | 3.2x | |
Upside (Analyst Target) | 290.6% | 379.8% | 47.4% | |
Fair Value Upside | Unlock | 37.4% | 6.2% | Unlock |