- potential aim for takover (I suppose by VRTX ) . Company has 2.5B in cash, no debt with market cap about 4.5B$ (EV = 2.0 B)
- solid pipeline and probably will be first who get FDA approval for commercial CRISPR product
- got most of up front payment for milestones in CRISPR among competitors ( about 1b$ from Vertex and collaboration with Bayer). BEAM for example got only 300m$ in up front payment, NTLA even less.
That means CRSP has enough cash for 4 years R&D without share offering and sustain global recession.
- solid pipeline and probably will be first who get FDA approval for commercial CRISPR product
- got most of up front payment for milestones in CRISPR among competitors ( about 1b$ from Vertex and collaboration with Bayer). BEAM for example got only 300m$ in up front payment, NTLA even less.
That means CRSP has enough cash for 4 years R&D without share offering and sustain global recession.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.