Equities

Cartesian Therapeutics Inc

Cartesian Therapeutics Inc

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Health CarePharmaceuticals and Biotechnology
  • Price (USD)16.93
  • Today's Change-2.85 / -14.41%
  • Shares traded85.85k
  • 1 Year change-41.08%
  • Beta0.6054
Data delayed at least 15 minutes, as of Nov 12 2024 21:00 GMT.
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About the company

Cartesian Therapeutics, Inc. is a clinical-stage company. The Company is engaged in developing messenger ribonucleic acids (mRNA) cell therapies for the treatment of autoimmune diseases. It is leveraging its proprietary technology and manufacturing platform, RNA Armory, to develop mRNA cell therapies for autoimmune diseases. Its lead asset e, Descartes-08, is an autologous mRNA chimeric antigen receptor T-cell therapy (CAR-T) directed against the B cell maturation antigen (BCMA), that the Company is developing for the treatment of autoimmune diseases. Descartes-08 is in Phase II clinical development. Descartes-15 is a next-generation, autologous anti-BCMA mRNA CAR-T. Using its proprietary technology and manufacturing platform, it designed Descartes-15 to be more resistant than Descartes-08 to recycling of the CAR upon multiple antigen exposures. It is developing Descartes-33 to deliver a combination of therapeutic proteins that target key drivers in the pathogenesis of autoimmunity.

  • Revenue in USD (TTM)47.94m
  • Net income in USD-244.83m
  • Incorporated2007
  • Employees38.00
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
RNAC:NMQ since
announced
Transaction
value
Cartesian Therapeutics IncDeal completed13 Nov 202313 Nov 2023Deal completed-41.07%6.81m
Data delayed at least 15 minutes, as of Nov 12 2024 21:00 GMT.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
C4 Therapeutics Inc33.67m-105.50m415.06m145.00--1.71--12.33-1.70-1.700.52173.440.095--6.21232,193.10-29.76-25.91-33.20-29.45-----313.35-292.35----0.00---33.251.40-3.37---8.68--
Akebia Therapeutics Inc169.88m-45.99m418.47m167.00------2.46-0.2207-0.22070.8338-0.23830.76841.336.201,017,240.00-20.80-37.42-31.00-56.0084.7969.13-27.07-82.251.21-2.52-----33.46-1.3044.89------
ProQR Therapeutics NV19.93m-22.95m419.38m157.00--9.53--21.04-0.2822-0.28220.24490.41550.1406----126,939.30-15.98-35.51-20.63-40.51-----113.62-926.31----0.3687--118.5110.5856.35--34.45--
4D Molecular Therapeutics Inc20.22m-109.89m419.39m201.00--0.7121--20.74-2.22-2.220.43511.330.0416----137,544.20-22.60-32.67-23.39-34.90-----543.51-617.15----0.00--562.297.966.19--46.26--
Lexicon Pharmaceuticals Inc3.64m-202.11m459.10m285.00--1.91--126.09-0.7783-0.77830.01390.66390.01060.72392.2012,775.44-58.57-24.41-63.55-29.0192.4798.49-5,550.87-84.9211.49-11.960.2931--766.19-54.71-73.74--37.68--
Ginkgo Bioworks Holdings Inc184.34m-897.68m460.56m1.22k--5.42--2.50-18.03-18.033.691.620.0941--4.20151,342.40-45.83---50.04--80.22---486.98------0.00---47.36--57.58------
Organogenesis Holdings Inc448.39m-16.54m464.01m862.00--1.76--1.03-0.125-0.1253.381.991.004.274.49520,176.30-3.705.46-4.516.9075.1474.94-3.694.812.428.330.20010.00-3.9417.49-68.16--67.34--
GH Research PLC-100.00bn-100.00bn470.33m49.00--2.37----------3.82----------------------------0.0038-------58.47------
Cartesian Therapeutics Inc47.94m-244.83m472.61m38.00--628.56--9.86-37.79-37.793.250.03150.1708--9.861,261,526.00-87.23-43.66-94.16-66.84-----510.72-136.35---0.35050.00---76.5395.83-721.02---25.27--
Grail Inc109.74m-2.88bn475.05m1.37k--0.1763--4.33-99.94-99.943.9186.80------81,894.77---47.45---48.5544.06---2,627.35-5,118.86----0.00--67.61--72.85---4.22--
Absci Corp3.25m-92.26m486.02m155.00--2.19--149.55-0.9331-0.93310.03271.950.0128--2.0320,967.74-36.20---40.23-------2,838.89-----129.460.0284---0.5046---5.40------
Contineum Therapeutics Inc0.00-31.45m498.54m31.00--2.29-----1.24-1.240.008.46------0.00--------------------0.00------193.68------
Foghorn Therapeutics Inc.25.52m-91.22m515.90m116.00------20.22-1.91-1.910.5133-0.50880.0821----219,956.90-29.34-31.35-35.57-35.69-----357.53-777.33--------77.63--9.60---4.50--
Altimmune Inc409.00k-101.35m522.37m59.00--3.42--1,277.19-1.62-1.620.00642.150.0023--1.466,932.20-56.83-39.62-61.41-42.58-----24,778.97-1,811.89----0.00--726.47-47.15-4.41---45.92--
Prime Medicine Inc591.00k-217.44m526.94m234.00--2.68--891.60-2.16-2.160.00581.640.0022----2,525.64-80.45---88.55-------36,791.71------0.00-------39.52------
Data as of Nov 12 2024. Currency figures normalised to Cartesian Therapeutics Inc's reporting currency: US Dollar USD

Institutional shareholders

11.00%Per cent of shares held by top holders
HolderShares% Held
Invus Public Equities Advisors LLCas of 12 Jul 2024550.97k2.31%
Fidelity Management & Research Co. LLCas of 30 Jun 2024509.34k2.13%
BlackRock Fund Advisorsas of 30 Jun 2024372.13k1.56%
JPMorgan Investment Management, Inc.as of 30 Sep 2024283.80k1.19%
Ikarian Capital LLCas of 30 Jun 2024242.37k1.01%
The Vanguard Group, Inc.as of 30 Jun 2024223.33k0.94%
SSgA Funds Management, Inc.as of 30 Jun 2024153.67k0.64%
Geode Capital Management LLCas of 30 Jun 2024132.96k0.56%
Logos Global Management LPas of 30 Jun 202490.00k0.38%
Boothbay Fund Management LLCas of 30 Jun 202468.54k0.29%
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Data from 30 Jun 2024 - 30 Sep 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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