Equities

Cartesian Therapeutics Inc

Cartesian Therapeutics Inc

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Health CarePharmaceuticals and Biotechnology
  • Price (USD)16.41
  • Today's Change-0.600 / -3.53%
  • Shares traded79.05k
  • 1 Year change-51.59%
  • Beta0.6952
Data delayed at least 15 minutes, as of Jul 24 2024 21:00 BST.
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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)25.91m
  • Net income in USD-254.87m
  • 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-42.88%6.81m
Data delayed at least 15 minutes, as of Jul 24 2024 21:00 BST.

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)
Monte Rosa Therapeutics Inc1.06m-135.28m267.69m133.00--1.45--251.59-2.53-2.530.01973.040.0037--0.7688,000.00-46.99---52.64-------12,714.47------0.00-------24.75------
Design Therapeutics Inc0.00-58.67m270.05m57.00--1.00-----1.05-1.050.004.770.00----0.00-19.44---19.98--------------0.00-------5.61------
Artiva Biotherapeutics Inc-100.00bn-100.00bn274.72m25.00-----------------------------------------------------351.24------
Inovio Pharmaceuticals Inc717.07k-124.94m280.61m122.00--2.68--391.33-5.54-5.540.03174.040.0036--0.54655,877.62-63.15-59.52-78.79-71.29-----17,423.39-4,097.36----0.00---91.89-51.3351.71---31.22--
Cartesian Therapeutics Inc25.91m-254.87m292.36m38.00------11.29-48.02-48.024.94-21.180.1077--5.86681,736.80-106.00-43.66-122.03-66.84-----983.83-136.35---0.5249-----76.5395.83-721.02---25.27--
MeiraGTx Holdings PLC11.38m-74.11m293.24m402.00--2.41--25.77-1.27-1.270.18871.890.0381--0.482127,159.90-24.81-26.40-31.62-32.66-----651.19-420.70---27.540.3729---11.95--35.17--12.37--
Tenaya Therapeutics Inc0.00-124.58m298.37m140.00--1.89-----1.65-1.650.002.010.00----0.00-57.91---63.59--------------0.00-------0.3388------
Zentalis Pharmaceuticals Inc40.56m-218.90m306.07m168.00--0.6671--7.55-3.36-3.360.59346.460.0775--7.09241,428.60-39.22-47.40-43.89-54.18-----506.16------0.00-------23.39--20.76--
Akebia Therapeutics Inc187.23m-43.03m308.11m167.00------1.65-0.2213-0.22130.9726-0.13010.74541.348.431,121,108.00-17.13-37.42-24.39-56.0083.4469.13-22.98-82.251.31-4.8210.44---33.46-1.3044.89------
Adaptimmune Therapeutics PLC - ADR18.36m-163.41m314.34m449.00--12.89--17.12-0.7285-0.72850.08340.09540.0672--3.6340,886.41-59.85-41.19-78.55-48.21-----890.13-714.26----0.00--122.050.259531.18--0.7202--
Omeros Corp0.00-179.09m315.80m198.00---------2.90-1.970.00-1.230.00----0.00-35.90-55.51-44.81-70.10-----------5.391.19------3.91---5.56--
Enanta Pharmaceuticals Inc72.88m-131.74m318.11m145.00--1.92--4.36-6.25-6.253.467.840.197--5.70502,627.60-35.60-14.56-40.33-15.62-----180.75-54.96----0.0085---8.07-17.45-9.91--24.89--
Sutro Biopharma Inc154.07m-114.96m318.18m300.00--2.48--2.07-1.89-1.892.531.570.4047--7.48510,149.00-30.20-25.48-36.94-29.75-----74.62-113.71----0.00--126.8431.9610.41--22.61--
Prelude Therapeutics Inc0.00-125.55m320.24m128.00--1.16-----1.88-1.880.005.010.00----0.00-56.37-47.21-61.52-51.07------------0.00-------5.54--46.03--
Amarin Corporation plc (ADR)277.46m-52.61m322.29m275.00--0.5901--1.16-0.1288-0.12880.6791.330.33630.41972.231,008,927.00-6.38-4.48-8.90-6.5463.6175.70-18.96-8.591.93--0.00---16.876.0144.13--55.83--
Data as of Jul 24 2024. Currency figures normalised to Cartesian Therapeutics Inc's reporting currency: US Dollar USD

Institutional shareholders

9.89%Per cent of shares held by top holders
HolderShares% Held
Invus Public Equities Advisors LLCas of 12 Jul 2024550.97k3.10%
Fidelity Management & Research Co. LLCas of 31 Mar 2024478.96k2.69%
BlackRock Fund Advisorsas of 31 Mar 2024220.93k1.24%
The Vanguard Group, Inc.as of 31 Mar 2024206.02k1.16%
Geode Capital Management LLCas of 31 Mar 202483.30k0.47%
SSgA Funds Management, Inc.as of 31 Mar 202469.56k0.39%
JPMorgan Asset Management (UK) Ltd.as of 31 Mar 202445.88k0.26%
Goldman Sachs & Co. LLC (Private Banking)as of 31 Mar 202439.33k0.22%
Millennium Management LLCas of 31 Mar 202433.15k0.19%
Northern Trust Investments, Inc.(Investment Management)as of 31 Mar 202431.18k0.18%
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Data from 31 Mar 2024 - 31 Mar 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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