CAMBRIDGE, Mass., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Beam Therapeutics Inc. (Nasdaq: BEAM), a biotechnology company developing precision genetic medicines through base editing, today announced that management will participate in the following upcoming investor conferences: TD Cowen 44th Annual Health Care Conference, emerging genetic therapy approaches corporate panel discussion on Wednesday, March 6, 2024 at 12:50 p.m. ETLeerink Partners Global Biopharma Conference, fireside chat on Monday, March 11, 2024 a ...

Patient Dosing and Enrollment Continue to Progress in Beacon Phase 1/2 Study of BEAM-101 in Severe Sickle Cell Disease; First Clinical Data Anticipated in Second Half of 2024 Phase 1 Trial Initiation for BEAM-302 in Alpha-1 Antitrypsin Deficiency on Track for First Half of 2024 Pending European Clinical Trial Application (CTA) Acceptance Ended Fourth Quarter 2023 with $1.2 Billion in Cash, Cash Equivalents and Marketable Securities; Cash Runway Expected to Support Operating Plans into 2027 CAMBRIDGE, Mass. ...

• publicity concerning our products or competing products and treatments; Even if any of our product candidates we may develop are approved, such products may not achieve an adequate level of acceptance, we may not generate significant product revenues, and we may not become profitable. If, in the future, we are unable to establish sales and marketing capabilities or enter into agreements with third parties to sell and market any product candidates we may develop, we may not be successful in commercializing ...

Beam Therapeutics Inc. (BEAM) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they mis ...

Key PointsOver the last three months, U.S. biotech stocks are up approximately 15% and have outperformed the broader healthcare sector.Last week, biopharma company Madrigal Pharmaceuticals received a bullish endorsement from five analysts after publishing positive clinical trial results.Given Beam Therapeutics’ advancing pipeline and potential to reshape the gene editing landscape, its stock has returned to traders’ radar.5 stocks we like better than Madrigal Pharmaceuticals2024 is shaping up to be a pivota ...

Biotech investing is not for impatient investors. So why is it attractive to some investors? Ernest Hemingway penned the line “gradually, then suddenly,” referring to how someone goes bankrupt. But it could also apply to the reason why many investors look for biotech stocks to buy.  The results could take years to prove out, but when they do these stocks can make sharp, outsized moves. And these investors want to make sure they’re in the stock when that spike happens. However, biotech investors aren’t just ...

CAMBRIDGE, Mass., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Beam Therapeutics Inc. (NASDAQ:BEAM), a biotechnology company developing precision genetic medicines through base editing, today announced that management will participate in a fireside chat at the Guggenheim Healthcare Talks 6th Annual Biotechnology Conference on Thursday, February 8, 2024 at 10:30 a.m. ET in New York. A live webcast will be available in the investor section of the company's website at www.beamtx.com and will be archived for 60 days follo ...

Beam Therapeutics (BEAM 16.47%) stock thundered out of the gate this week, rising to close nearly 17% higher in price on Monday. Much of this was due to a recommendation upgrade from a prominent bank. By contrast, the S&P 500 only eked out a 0.8% gain.JPMorgan Chase gets more bullish on BeamWell before market open, JPMorgan Chase's (JPM 0.26%) Eric Joseph moved his recommendation on Beam one peg up to overweight (buy, in other words) from the preceding neutral. He also topped off his price target on the bio ...

Key PointsBeam Therapeutics develops precision gene-editing and genetic medication for severe sickle cell disease (SCD).Beam Therapeutics performs a precision form of gene-editing called base-editing using CRISPR/Cas to make a single letter change in the DNA.Prime Medicine pioneered its Prime Editor platform to perform prime-editing, an alternative to CRISPR/Cas9, which allows for the precise replacement of a specific DNA sequence without causing insertion and deletions (indels).5 stocks we like better than ...

The promise of gene editing is moving closer to being a reality. If you’re an investor with a speculative appetite and appropriate risk tolerance, you may want to consider a long position in gene editing stocks. The idea at the core of gene editing is personalized medicine. Tools like 23-and-Me can help you understand your DNA. While knowledge is power, in the case of your personal health, that knowledge has limitations. After all, knowing that you are more genetically predisposed to a certain disease is li ...