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Editas Medicine Inc

Editas Medicine Inc (EDIT)

1.26
-0.08
(-5.97%)
Closed January 11 3:00PM
1.26
0.00
(0.00%)
After Hours: 6:36PM

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

Key stats and details

Current Price
1.26
Bid
1.26
Ask
1.28
Volume
2,539,638
1.23 Day's Range 1.34
1.1601 52 Week Range 11.58
Market Cap
Previous Close
1.34
Open
1.33
Last Trade
5
@
1.28
Last Trade Time
Financial Volume
US$ 3,194,367
VWAP
1.2578
Average Volume (3m)
2,673,645
Shares Outstanding
82,548,099
Dividend Yield
-
PE Ratio
-0.68
Earnings Per Share (EPS)
-1.86
Revenue
78.12M
Net Profit
-153.22M

About Editas Medicine Inc

Editas Medicine Inc is a gene-editing company. It is engaged in treating patients with genetically defined diseases by correcting disease-causing genes. The company focuses on developing a proprietary genome editing platform based on clustered, regularly interspaced short palindromic repeats (CRISPR... Editas Medicine Inc is a gene-editing company. It is engaged in treating patients with genetically defined diseases by correcting disease-causing genes. The company focuses on developing a proprietary genome editing platform based on clustered, regularly interspaced short palindromic repeats (CRISPR)/ CRISPR-associated protein 9 (Cas9 technology). It has developed CRISPR/Cas9 technology which uses a protein-RNA (ribonucleic acid) complex composed of the Cas9 enzyme bound to a guide RNA molecule designed to recognize a DNA (deoxyribonucleic acid) sequence that requires repair. The company's only operating segment is developing and commercializing genome editing technology. Show more

Sector
Biological Pds,ex Diagnstics
Industry
Biological Pds,ex Diagnstics
Headquarters
Wilmington, Delaware, USA
Founded
-
Editas Medicine Inc is listed in the Biological Pds,ex Diagnstics sector of the NASDAQ with ticker EDIT. The last closing price for Editas Medicine was US$1.34. Over the last year, Editas Medicine shares have traded in a share price range of US$ 1.1601 to US$ 11.58.

Editas Medicine currently has 82,548,099 shares outstanding. The market capitalization of Editas Medicine is US$110.61 million. Editas Medicine has a price to earnings ratio (PE ratio) of -0.68.

EDIT Latest News

Editas Medicine to Present at the 43rd Annual J.P. Morgan Healthcare Conference

CAMBRIDGE, Mass., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Editas Medicine, Inc. (Nasdaq: EDIT), a leading gene editing company, today announced that the Company’s President and CEO Gilmore O’Neill...

Editas Medicine Announces Strategic Transition to in vivo Gene Editing Company with Intent to Achieve Human Proof of Concept in Approximately Two Years

Focus on in vivo CRISPR-edited medicines based on Editas researchers’ recent scientific progress in multiple tissues: Achieved pre-clinical in vivo proof of concept of high level HBG1/2 promoter...

Editas Medicine Reports Updated Clinical Data from the RUBY Trial of Reni-cel in Patients with Severe Sickle Cell Disease at the American Society of Hematology (ASH) Annual Meeting

Poster presentation at ASH on Monday, December 9 at 6:00 p.m. PT / 9:00 p.m. ET CAMBRIDGE, Mass., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Editas Medicine, Inc. (Nasdaq: EDIT), a leading gene editing...

Editas Medicine to Participate in Upcoming Investor Conferences

CAMBRIDGE, Mass., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Editas Medicine, Inc. (Nasdaq: EDIT), a clinical-stage gene editing company, today announced that management will participate in the following...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.045-3.448275862071.3051.571.2631381821.40785673CS
4-0.455-26.53061224491.7151.71991.160134299041.35987636CS
12-2.07-62.16216216223.333.81.160126736452.16467188CS
26-3.65-74.33808553974.916.051.160121599743.02934762CS
52-7.93-86.2894450499.1911.581.160120713904.78067577CS
156-23.48-94.907033144724.7426.491.160118871129.07861591CS
260-29.63-95.921010035630.8999.951.1601173803721.77539712CS

EDIT - Frequently Asked Questions (FAQ)

What is the current Editas Medicine share price?
The current share price of Editas Medicine is US$ 1.26
How many Editas Medicine shares are in issue?
Editas Medicine has 82,548,099 shares in issue
What is the market cap of Editas Medicine?
The market capitalisation of Editas Medicine is USD 110.61M
What is the 1 year trading range for Editas Medicine share price?
Editas Medicine has traded in the range of US$ 1.1601 to US$ 11.58 during the past year
What is the PE ratio of Editas Medicine?
The price to earnings ratio of Editas Medicine is -0.68
What is the cash to sales ratio of Editas Medicine?
The cash to sales ratio of Editas Medicine is 1.33
What is the reporting currency for Editas Medicine?
Editas Medicine reports financial results in USD
What is the latest annual turnover for Editas Medicine?
The latest annual turnover of Editas Medicine is USD 78.12M
What is the latest annual profit for Editas Medicine?
The latest annual profit of Editas Medicine is USD -153.22M
What is the registered address of Editas Medicine?
The registered address for Editas Medicine is 1209 ORANGE STREET, NEW CASTLE, WILMINGTON, DELAWARE, 19801
What is the Editas Medicine website address?
The website address for Editas Medicine is www.editasmedicine.com
Which industry sector does Editas Medicine operate in?
Editas Medicine operates in the BIOLOGICAL PDS,EX DIAGNSTICS sector

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EDIT Discussion

View Posts
Monksdream Monksdream 3 weeks ago
EDIT, under $2
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Monksdream Monksdream 4 weeks ago
EDIT, new 52/week low
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jondoeuk jondoeuk 4 weeks ago
Another update https://www.globenewswire.com/news-release/2024/12/12/2996508/0/en/Editas-Medicine-Announces-Strategic-Transition-to-in-vivo-Gene-Editing-Company-with-Intent-to-Achieve-Human-Proof-of-Concept-in-Approximately-Two-Years.html

Any target they go after will likely have multiple players (far) ahead them (and some using better delivery and/or editing tech).
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Monksdream Monksdream 2 months ago
EDIT, new 52 week low
👍️ 1
jondoeuk jondoeuk 3 months ago
OT: In this Dr. Urnov, PhD, laid out the urgent case for major reform in the regulatory appraisal of clinical therapies involving CRISPR gene therapies https://www.liebertpub.com/doi/10.1089/crispr.2024.0082
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jondoeuk jondoeuk 3 months ago
From the Q&A's, there was no date given on when they will file an IND. They did not answer if other HSC's are targeted. They did not answer what the LNP targeting moiety is. They did not answer how long they will continue to put money into Reni-cel. They did not answer what doses were given. They also said that redosing is being explored (to achieve higher editing efficiency).

I doubt there will be a partner for Reni-cel unless they get a huge part of in vivo as well.
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jondoeuk jondoeuk 3 months ago
An update https://www.biospace.com/press-releases/editas-medicine-to-host-strategic-update-webinar-to-detail-progress-towards-2024-goals-including-achievement-of-establishing-in-vivo-preclinical-proof-of-concept

https://www.globenewswire.com/news-release/2024/10/21/2966518/0/en/Editas-Medicine-and-Genevant-Sciences-to-Collaborate-to-Develop-Novel-mRNA-LNP-Gene-Editing-Therapeutics.html
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Monksdream Monksdream 3 months ago
EDIT new 52 week low
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Monksdream Monksdream 3 months ago
EDIT new 52 weeknlow
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Monksdream Monksdream 4 months ago
EDIT new 52 low
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Monksdream Monksdream 4 months ago
EDIT new 52 week low
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Monksdream Monksdream 4 months ago
EDIT under $4
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Monksdream Monksdream 4 months ago
EDIT new 52 low
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Monksdream Monksdream 5 months ago
EDIT new 52 week high
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Monksdream Monksdream 5 months ago
EDIT new 52. Week low
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Monksdream Monksdream 6 months ago
EDIT under $6
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Monksdream Monksdream 6 months ago
EDIT under $5
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Monksdream Monksdream 6 months ago
EDIT new 52 week low
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Monksdream Monksdream 6 months ago
EDIT new 52 week low
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Monksdream Monksdream 7 months ago
EDIT new 52 week low
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jondoeuk jondoeuk 7 months ago
Looking at HbF levels, EDIT-301 appears to achieve slightly higher levels than Casgevy. For total Hb levels, EDIT-301 seems to outperform Casgevy https://finance.yahoo.com/news/editas-medicine-announces-safety-efficacy-070000921.html

However, the ongoing trials and launch are going to be costly, and they aren't working on busulfan free conditioning.
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Monksdream Monksdream 8 months ago
EDIT under $10
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jondoeuk jondoeuk 8 months ago
(OT): A new AI paper from Princeton and Stanford https://www.biorxiv.org/content/10.1101/2024.04.25.591003v2.full

CRISPR-GPT demonstrated a marked improvement in gene-editing experiments, increasing the accuracy of target gene modifications by up to 30% compared to conventional methods. In validation tests, it achieved a specificity rate exceeding 95%, with a significant reduction in off-targets. The system also reduced the time required to design and plan experiments by approximately 40%, streamlining the workflow for researchers
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jondoeuk jondoeuk 8 months ago
Dr. Liu moved on with base and prime editing and just left the company to die on the vine.
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Monksdream Monksdream 8 months ago
EDIT under $10
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Monksdream Monksdream 9 months ago
EDIT new 52 week low
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Monksdream Monksdream 9 months ago
EDIT new 52 lo

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Monksdream Monksdream 9 months ago
EDIT new 52 lo
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jondoeuk jondoeuk 2 years ago
Could be upcoming https://annualmeeting.asgct.org/program/agenda-details?agendaId=25899

If so, CRSP and NTLA have already disclosed preclinical data for in vivo editing.
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jondoeuk jondoeuk 2 years ago
Does this have any FDA approvals?

No. Plus they are currently focusing on TDT and SCD, both early stage, and both indications becoming more crowed. Also, CRSP should get FDA and EMA approvals for exa-cel in those indications and should have at least five years head start over others.

Will Precision Biosciences be this high or higher?

If the clinical data they present in April/May is good, I expect the SP will increase, but not as high as this. They (DTIL) will also have an upcoming R&D Day (focusing on in vivo programs) mid-year.

How do the two compare?

There are a number of differences. One example, DTIL have yet to show they can do in vivo editing in humans. Another, both have broad plans for in vivo programs, but delivery outside the liver (using current AAVs for many indications) can be problematic.
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rtrstock rtrstock 2 years ago
Does this have any FDA approvals? Will Precision Biosciences be this high or higher? How do the two compare?
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jondoeuk jondoeuk 3 years ago
PR https://www.globenewswire.com/news-release/2022/05/18/2445810/0/en/Editas-Medicine-Presents-Data-on-SLEEK-Gene-Editing-Technology-at-the-American-Society-of-Gene-and-Cell-Therapy-Annual-Meeting.html

Posters https://www.editasmedicine.com/wp-content/uploads/2022/05/ASGCT2022-EDIT-103-Liu-Presentation.pdf

https://www.editasmedicine.com/wp-content/uploads/2022/05/ASGCT-2022-SLEEK-Zuris.pdf

https://www.editasmedicine.com/wp-content/uploads/2022/05/ASGCT-Kahn-EDIT202-Poster.pdf

https://www.editasmedicine.com/wp-content/uploads/2022/05/ASGCT-Duke-EDIT-101-Immunogenicity-Oral-Presentation.pdf
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jondoeuk jondoeuk 3 years ago
1106: EDIT-202, a Multiplexed CRISPR-Cas12a Gene-Edited iPSC-Derived NK Cell Therapy Has Prolonged Persistence, Promotes High Cytotoxicity, and Enhances In Vivo Tumor Killing https://annualmeeting.asgct.org/abstracts/abstract-details?abstractId=2005

831: SLEEK: A Method for Highly Efficient Knock-in and Expression of Transgene Cargos for Next-generation Cell-based Medicines https://annualmeeting.asgct.org/abstracts/abstract-details?abstractId=1751
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jondoeuk jondoeuk 3 years ago
ASGCT title:

EDIT-202, a Multiplexed CRISPR-Cas12a Gene-Edited iPSC-Derived NK Cell Therapy Has Prolonged Persistence, Promotes High Cytotoxicity, and Enhances In Vivo Tumor Killing.
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jondoeuk jondoeuk 3 years ago
PR https://www.bloomberg.com/press-releases/2022-04-08/editas-medicine-reports-engineered-ink-cell-preclinical-data-at-american-association-for-cancer-research-annual-meeting

Poster https://www.editasmedicine.com/wp-content/uploads/2022/04/AACR_2022_Poster_FINAL.pdf
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jondoeuk jondoeuk 3 years ago
AACR abstract

AsCas12a gene-edited iPSC-derived NK cells constitutively expressing CD16 and membrane-bound IL-15 demonstrate prolonged persistence and robust anti-tumor activities in a solid tumor mouse model https://www.abstractsonline.com/pp8/#!/10517/presentation/16690
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jondoeuk jondoeuk 3 years ago
ASH PR https://www.globenewswire.com/news-release/2021/12/12/2350352/0/en/Editas-Medicine-Reports-Preclinical-Data-Demonstrating-Robust-Tumor-Reduction-and-Clearance-Using-Novel-Engineered-iNK-Cells-at-the-American-Society-of-Hematology-Annual-Meeting.html

Poster https://www.editasmedicine.com/wp-content/uploads/2021/12/ASH_2021_iNK_poster_presentation.pdf
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jondoeuk jondoeuk 3 years ago
From the PR: In these experiments, iPSCs were edited using the Company’s SLEEK gene editing technology at the GAPDH locus with a proprietary, Editas-engineered AsCas12a nuclease to knock-in high-affinity CD16 and membrane bound IL-15. iPSC clones were then differentiated into iNKs that were confirmed to express high levels of CD16 and IL-15. Increasing NK cell CD16 expression can improve anti-tumour activity when combined with antibody-dependent cell-mediated cytotoxicity (ADCC)-enabling antibodies. IL-15 is important for NK cell survival, and increasing IL-15 expression prolongs the persistence of NK cells. Knock-in of IL-15 may also eliminate the need to administer cytokines systemically, which can cause severe toxicity.

Results demonstrated that the edited iNK cells exhibited enhanced serial tumour cell killing through ADCC in a2D assay against SKOV-3 ovarian cancer cells and in a 3D tumour spheroid killing assay. The edited iNK cells were also able to persist for a dramatically longer period of time relative to unedited iNK cells. Together, these data provide strong support for the continued development of engineered iPSC derived iNK cells as a potential novel class of therapeutics targeting solid tumours.

''In this promising new research, we demonstrate the use of our proprietary SLEEK technology to knock-in both CD16 and IL-15 into iNK cells. The engineered cells demonstrated potent anti-tumour activity and substantially increased persistence without systemic cytokines, an important limitation with many existing NK cell approaches. We also believe this to be a potentially safer and more reliable approach to developing next generation NK cell therapy medicines because through our iPSC development process, we only select cell clones that have exactly the desired on-target edits, thereby avoiding the possibility of cell abnormalities being introduced,'' said Mark S. Shearman, Ph.D., Executive Vice President and Chief Scientific Officer, Editas Medicine. ''NK cells are great candidates for off-the-shelf immunotherapy medicines given their high tumour killing capacity and their low propensity for graft-versus-host disease, and we believe these data provide evidence for the potential of future experimental medicines from our iNK program to exert enhanced anti-tumour activity in the clinic in the treatment of solid tumours.''
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jondoeuk jondoeuk 3 years ago
SITC poster https://www.editasmedicine.com/wp-content/uploads/2021/11/SITC_2021_CD16mbIL-15_KI_iNKs_poster_FINALv.pdf
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jondoeuk jondoeuk 3 years ago
ASH abstracts

Deletion of CISH and TGFßR2 in iPSC-Derived NK Cells Promotes High Cytotoxicity and Enhances In Vivo Tumor Killing https://ash.confex.com/ash/2021/webprogram/Paper150731.html

Preclinical Development of EDIT301, an Autologous Cell Therapy Comprising AsCas12a-RNP Modified Mobilized Peripheral Blood-CD34+ Cells for the Potential Treatment of Transfusion Dependent Beta Thalassemia https://ash.confex.com/ash/2021/webprogram/Paper149956.html
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IH Market Vision [Andrew] IH Market Vision [Andrew] 3 years ago
GRTS and EDIT Biotech Stock Plays Update | Big Events Coming Up!

I chat about some recent events and news with Gritstone ($GRTS) and Editas ($EDIT) - two very exciting biotechnology companies doing work in a variety of treatments like immunotherapy & gene editing.



Watch on YouTube
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jondoeuk jondoeuk 3 years ago
Initial clinical data for 101 is planned later this month. The data will include patient safety assessments and a preliminary analysis of secondary endpoints relating to signals of gene editing and clinical benefit. The presentation will cover cumulative data from patients in the adult low-dose and mid-dose cohorts. As required by the trial protocol, all patients are monitored every three months for the first year and at various timepoints for another two years.
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IH Market Vision [Andrew] IH Market Vision [Andrew] 3 years ago
Editas ($EDIT) has a Big Event Coming Up! | Gene Editing Biotech

Editas ($EDIT) has got a big event on September 27th, and I decided to ride the wave and share my thoughts as to why. Events are king in biotechs. Tell us what you think about our new series! Is this the kind if info you would be looking for? What other DD should we add?

Watch the Video on Youtube



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Scott 75 Scott 75 3 years ago
Thank you for the explanation and your time. Have a good weekend.
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jondoeuk jondoeuk 3 years ago
Cancer is highly complex, so multiplexed gene editing will be needed to generate better cell therapies. One of the benefits of CRISPR is the ability to knockout multiple genes with (very) high efficacy, but that has not been the case for knock-ins. Now with this approach, it seems to have been overcome. If you take HLA-E, the efficacy (for knock-in) was over 88%, and this should 'shield' the majority of cells from being rejected by the patient they would be given to. ADAP will use the same approach for its iPSC-derived TCR-T cell therapies https://www.nature.com/articles/nbt.3860
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Scott 75 Scott 75 3 years ago
Wow that sounds so?? What the heck does any of that mean?
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jondoeuk jondoeuk 3 years ago
''New preclinical data demonstrated that SLEEK results in the knock-in of multiple clinically relevant transgenes through a proprietary process that selects for cells containing the knock-in cargo. In addition, high percentage knock-in efficiencies were enabled by Editas Medicine’s proprietary engineered AsCas12a nuclease. More than 90 percent knock-in efficiencies were observed in various clinically relevant target cells, including iPSCs, T cells, and NK cells. Additionally, SLEEK may be used to fine-tune the expression levels of transgene cargos, an important attribute of next-generation cell therapy medicines.'' https://www.globenewswire.com/news-release/2021/08/20/2284285/0/en/Editas-Medicine-Presents-Data-on-New-SLEEK-Gene-Editing-Technology-at-Cold-Spring-Harbor-Laboratory-s-Genome-Engineering-CRISPR-Frontiers-Meeting.html

Slides https://www.editasmedicine.com/wp-content/uploads/2021/08/2021_CSHL-CRISPR-Frontiers-SLEEK-Zuris_FINAL.pdf
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jondoeuk jondoeuk 3 years ago
New preclinical data https://www.nature.com/articles/s41467-021-24017-8
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Gpheart2016 Gpheart2016 4 years ago
Not sure what happened in the last hour, but the genomic stocks have all exploded upwards! EDIT is up 21% today. CRSP AND NTLA are making similar moves. I don’t know what triggered it, but good news for sure.
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go_glortho go_glortho 4 years ago
For sure! I've been in NTLA, EDIT and ARCT for a while just waiting for the CRSPR-Cas9 technology to be shown to be effective. We're just about there. If they don't explode in 2021, we should see it in 2022 the latest with all of the potentially great results from this technology!
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