Workflow
CRISPR Therapeutics(CRSP)
icon
Search documents
CRISPR Therapeutics Stock Falls 34% in a Year: Time to Buy or Sell?
ZACKS· 2025-01-17 14:52
Company Overview - CRISPR Therapeutics (CRSP) shares have lost more than 30% in the past year, despite a surge at the start of 2024 due to FDA approval of its gene therapy Casgevy [1] - The company has yet to record revenues from Casgevy sales, and a lack of pipeline updates beyond Casgevy's approval has disappointed investors [1] - CRSP's stock has underperformed the industry, sector, and S&P 500, losing nearly 34% compared to the industry's 14% decline [13][15] Casgevy Approval and Market Potential - Casgevy, the first CRISPR-based gene-editing therapy, was approved in late 2023/early 2024 for sickle cell disease (SCD) and transfusion-dependent beta-thalassemia (TDT) in the US and Europe [4] - The therapy addresses a significant unmet medical need for an estimated 35,000 patients with severe SCD or TDT in the US and Europe, with additional patients in Bahrain and Saudi Arabia [5] - Vertex Pharmaceuticals, CRSP's collaborator, has reported a strong launch for Casgevy, with collaboration revenues expected to be recorded in Q4 2024 [6] Pipeline Development - CRSP is developing next-generation CAR-T therapy candidates CTX112 and CTX131, which have shown higher CAR T cell expansion and functional persistence in phase I/II studies [7] - The company is also focusing on in-vivo candidates CTX310 and CTX320, targeting cardiovascular disease, with plans to expand the in-vivo pipeline by 2025 [8][9] Competitive Landscape - Beam Therapeutics is developing BEAM-101 for SCD and TDT using CRISPR technology, while Intellia Therapeutics leads in in-vivo CRISPR-based therapies for various indications [11][12] Financial Performance and Valuation - CRSP's shares are trading below its 50-day and 200-day moving averages, with a price-to-book (P/B) ratio of 1.77, lower than the industry's 3.42 [13][16] - The company has a strong cash balance of $1.9 billion as of September 2024, supporting its operations and pipeline development [23] Future Catalysts - The next major catalyst for CRSP will be its Q4 2024 results, which will provide insights into Casgevy's market potential and demand [21] - Analysts have improved their 2025 loss per share estimates for CRSP from $5.23 to $5.19 in the past 60 days, reflecting a more optimistic outlook [18]
CRISPR Therapeutics: Unfairly Punished By The Issues Of Its Peers
Seeking Alpha· 2025-01-16 00:20
I am a former Senior Manager at a Big Four accounting firm and have been a CPA for over 20 years. After leaving public accounting in 2010, I have been the CFO of two privately held companies with sales between $50m and $100m in both the aerospace and defense and beauty industries. At my core, I like to think of myself as a value investor, though I will step into other disciplines if I think it makes sense. I have been investing since 1999, so I have seen a few different market cycles and have tried my hand ...
CRISPR Therapeutics AG (CRSP) 43rd Annual JPMorgan Healthcare Conference - (Transcript)
2025-01-15 00:39
Key Points Company and Industry Overview 1. **Company Name and Stock Symbol**: CRISPR Therapeutics AG (NASDAQ: CRSP) [2] 2. **Industry**: Biotechnology, specifically gene editing and gene therapy [3] 3. **Business Segments**: Hemoglobinopathies (heme), oncology, autoimmune, cardiovascular medicines, and rare diseases [3] Pipeline and Products 4. **Clinical Programs**: Five programs in various disease areas, including oncology, autoimmune, cardiovascular, and rare diseases [3] 5. **Preclinical Programs**: Ten preclinical programs with promising potential [3] 6. **Approved Drug**: CASGEVY, a hemoglobinopathy treatment, partnered with Vertex [4] Financial and Business Performance 7. **Revenue**: Not specified in the provided text [3] 8. **Business Model**: Divided into four franchises, with hemoglobinopathies being the core [3] Future Outlook 9. **Outlook**: One of the most consequential years in the company's journey [5] 10. **Risk Factors**: Encourages participants to visit the company's website for a full risk list [6] Additional Information 11. **Conference**: 43rd Annual JPMorgan Healthcare Conference [2] 12. **Date**: January 14, 2025 [2] 13. **Time**: 5:15 PM ET [2] 14. **Participants**: Samartha Kulkarni (CEO and Chairman), Fanchen Zhou (JPMorgan) [2]
Meet the Innovative Growth Stock That Could Rocket 114% to 152% Higher in 2025, According to a Couple of Wall Street Analysts
The Motley Fool· 2025-01-14 09:34
If you're an investor searching for the next big market winners, Wall Street analysts have zeroed in on one biotech stock that could deliver huge gains in a defined time frame.Citing positive developments in its development programs, analysts from a couple of investment banks think CRISPR Therapeutics (CRSP -2.12%) could more than double your money in the year ahead.But before committing any amount of your own money to this stock, it's important to remember the analysts who recommended it have very little t ...
CRISPR Therapeutics Highlights Strategic Priorities and Anticipated 2025 Milestones
Globenewswire· 2025-01-13 12:00
-Ongoing launch of CASGEVY® continues to gain momentum- -2025 is poised to be a catalyst-rich year with key updates across several programs- -Starting 2025 with a strong balance sheet with approximately $1.9 billion in cash, cash equivalents, and marketable securities- ZUG, Switzerland and BOSTON, Jan. 13, 2025 (GLOBE NEWSWIRE) -- CRISPR Therapeutics (Nasdaq: CRSP), a biopharmaceutical company focused on creating transformative gene-based medicines for serious diseases, today highlighted its strategic prior ...
3 Mid-Cap Stocks That Could Take Off in 2025
The Motley Fool· 2025-01-09 09:20
Some of the best possible returns for investors come by not going after megacaps, but instead pursuing stocks that have more modest valuations. Mid-cap stocks represent companies valued at between $2 billion and $10 billion. If they give investors a reason to be bullish on their growth prospects or show that they're on the right path, these types of investments can double in value and be 10-baggers in the long run.To be clear, it doesn't always work out that way, and there are risks with these types of stoc ...
CRISPR Therapeutics to Present at the 43rd Annual J.P. Morgan Healthcare Conference
Newsfilter· 2025-01-08 13:30
ZUG, Switzerland and BOSTON, Jan. 08, 2025 (GLOBE NEWSWIRE) -- CRISPR Therapeutics (NASDAQ:CRSP), a biopharmaceutical company focused on creating transformative gene-based medicines for serious diseases, today announced that members of its senior management team will present at the 43rd Annual J.P. Morgan Healthcare Conference on Tuesday, January 14, 2025, at 2:15 p.m. PT in San Francisco. A live webcast of the fireside chat will be available on the "Events & Presentations" page in the Investors section of ...
Crispr Therapeutics: From Casgevy Success To A Catalyst-Rich 2025
Seeking Alpha· 2024-12-29 17:56
Background and Expertise - The analyst has a strong background in life sciences with a PhD in Bioengineering and over 20 years of experience in the research and development of novel Cell & Gene Therapies (CGT) [2] - The analyst focuses on analyzing biotechnology, pharmaceutical, Medtech, and healthcare stocks, leveraging their expertise to assess the potential of novel treatments and their impact on shareholder returns [2] Disclosure and Independence - The analyst has no stock, option, or similar derivative positions in any of the companies mentioned and no plans to initiate any such positions within the next 72 hours [1] - The analyst is not receiving compensation for the article other than from Seeking Alpha and has no business relationship with any company whose stock is mentioned [1] - The analyst is associated with another Seeking Alpha contributor, "Euro Invest," but each works independently and adheres to Seeking Alpha's Shared Association Guidelines [2]
Buy 5 Genomics & Synthetic Biology Stocks Likely to Soar in Short Term
ZACKS· 2024-12-23 13:50
Industry Overview - Companies in synthetic biology engineer biological systems for applications in pharmaceuticals and agriculture, utilizing genetic engineering and biotechnology techniques to create novel organisms and processes, with significant growth potential in curing genetic diseases and extending human lifespan [1] - The genomics and synthetic biology sectors are attracting substantial interest from venture capitalists and institutional investors due to their potential for innovation and tailored treatments based on genetic makeup [8][21] Company Highlights - CRISPR Therapeutics is leveraging its CRISPR/Cas9 gene-editing platform to develop therapies for hemoglobinopathies, cancer, and diabetes, achieving a milestone with the first-ever approval for a CRISPR/Cas9 gene-edited therapy, Casgevy, in the UK for treating sickle cell disease and transfusion-dependent beta-thalassemia [3][12][23] - Monte Rosa Therapeutics is focused on developing small-molecule precision medicines that utilize the body's mechanisms to selectively degrade proteins relevant to various diseases, including MYC-driven tumors and autoimmune diseases [5][11] - Immunocore Holdings is developing a novel class of T cell receptor bispecific immunotherapies for cancer and autoimmune diseases, with its product KIMMTRAK already in use for treating unresectable or metastatic uveal melanoma [13][25] Price Target and Upside Potential - The average short-term price target for CRISPR Therapeutics indicates a potential increase of 136.7% from the last closing price of $28.32, with a maximum upside of 253.1% and a downside of 15.3% [4] - Monte Rosa Therapeutics has a projected price target increase of 161.1% from a closing price of $6.93, suggesting a maximum upside of 188.6% with no downside [14] - Rigel Pharmaceuticals shows a potential price increase of 82.1% from a closing price of $17.09, with a maximum upside of 233.5% and a downside of 18.1% [18] - Castle Biosciences has a projected price target increase of 51.4% from a closing price of $27.53, indicating a maximum upside of 81.6% with no downside [20] Investment Recommendations - Five small and mid-sized genomics and synthetic biology stocks are recommended for investment, including CRISPR Therapeutics, Immunocore Holdings, Monte Rosa Therapeutics, Rigel Pharmaceuticals, and Castle Biosciences, all carrying favorable Zacks Ranks [7][9]
This Beaten-Down Biotech Stock Just Got Some Good News: Time to Buy?
The Motley Fool· 2024-12-22 17:25
Core Viewpoint - CRISPR Therapeutics has faced a significant decline in stock value, down 23% year to date, despite recent regulatory approvals for its gene-editing medicine, Casgevy [1] Regulatory Approvals - Since November 2023, CRISPR Therapeutics has received approvals for Casgevy in multiple regions, including the U.S., U.K., European Union, Saudi Arabia, and Bahrain [2] Market Potential and Pricing - Casgevy is priced at $2.2 million in the U.S., targeting a market of approximately 35,000 patients in the U.S. and Europe, but high costs may limit accessibility [3] - In the U.S., around 100,000 people have sickle cell disease (SCD), with an estimated 50% to 60% on Medicaid, which may enhance access to Casgevy through government initiatives [4][11] - The potential market for Casgevy also includes about 23,000 patients in Saudi Arabia and Bahrain [20] Financial Outlook - Analysts project that Casgevy's peak annual sales could exceed $2.2 billion, with CRISPR entitled to 40% of the profits from the medicine [18] - In the first nine months of the year, CRISPR reported revenue of approximately $1.6 million, indicating slow uptake of Casgevy [21] Competitive Landscape - CRISPR Therapeutics faces competition from Bluebird Bio, which has alternative treatments for SCD and transfusion-dependent beta-thalassemia (TDT), but CRISPR and Vertex have more financial resources [7] - The company has less competition in Europe and the Middle East, presenting a multibillion-dollar revenue opportunity for Casgevy [15] Future Developments - The Biden administration's initiative to assist Medicaid patients in affording Casgevy is expected to improve access and could facilitate future approvals for other gene-editing therapies [5][11][13] - CRISPR Therapeutics is also developing additional gene-editing programs, including investigational cancer treatments and a potential cure for type 1 diabetes [13] Innovation and Validation - The development of Casgevy has validated CRISPR Therapeutics' gene-editing platform, suggesting that the company may achieve more clinical and regulatory successes in the next five years [8]