Equities

Cartesian Therapeutics Inc

Cartesian Therapeutics Inc

Actions
Health CarePharmaceuticals and Biotechnology
  • Price (USD)21.17
  • Today's Change-0.69 / -3.16%
  • Shares traded54.83k
  • 1 Year change-42.63%
  • Beta0.5037
Data delayed at least 15 minutes, as of May 10 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-26.31%6.81m
Data delayed at least 15 minutes, as of May 10 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)
Black Diamond Therapeutics Inc0.00-82.44m343.70m54.00--2.70-----1.92-1.920.002.260.00----0.00-52.37-40.29-58.91-43.29------------0.00------9.57---15.37--
Revance Therapeutics Inc236.65m-313.72m346.00m534.00------1.46-3.61-3.652.71-0.9450.44821.8710.46---59.42-55.55-69.02-63.2069.11---132.57-304.964.64-30.791.30--76.55128.849.10---0.3022--
Amarin Corporation plc (ADR)277.46m-52.61m350.27m275.00--0.6414--1.26-0.1288-0.12880.6791.330.33630.41972.231,008,927.00-6.38-4.48-8.90-6.5463.6175.70-18.96-8.591.93--0.00---16.876.0144.13--55.83--
OraSure Technologies, Inc.405.47m53.66m359.44m638.006.750.82974.820.88650.72040.72045.475.860.87483.157.31635,536.1011.580.723813.110.821244.2546.9413.231.138.57--0.00180.004.6417.41413.1782.2010.18--
Terns Pharmaceuticals Inc0.00-90.21m359.59m66.00--1.41-----1.27-1.270.003.950.00----0.00-32.48-41.34-33.72-45.70-------31,010.30----0.00-------49.49---26.60--
Aura Biosciences Inc0.00-78.65m362.09m88.00--1.73-----1.86-1.860.004.220.00----0.00-35.66---37.16--------------0.00-------30.03------
Alto Neuroscience Inc0.00-36.31m362.67m63.00---------1.42-1.420.002.73------0.00--------------------0.1238-------31.02------
Tourmaline Bio Inc0.00-42.12m371.87m44.00--1.44-----10.18-10.180.0010.080.00----0.00-20.85---21.74--------------0.00------42.99------
Cartesian Therapeutics Inc25.91m-254.87m376.74m38.00------14.54-48.02-48.024.94-21.180.1077--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--
Anika Therapeutics Inc169.26m-76.83m380.05m357.00--1.82--2.25-5.24-5.2411.5414.070.56161.425.40474,120.40-25.49-5.41-28.16-5.8761.9660.70-45.39-12.603.85--0.00--6.679.56-456.34--3.11--
Biomea Fusion Inc0.00-127.27m382.81m110.00--2.83-----3.57-3.570.003.770.00----0.00-90.54---107.35--------------0.00-------43.29------
Solid Biosciences Inc0.00-96.02m393.37m88.00--1.67-----4.84-4.840.006.200.00----0.00-45.16-49.99-49.47-56.25-------2,117.05----0.0133---100.00---11.67---27.90--
Replimune Group Inc0.00-209.96m393.50m284.00--0.9335-----3.16-3.160.006.870.00----0.00-34.66-26.12-36.63-27.31------------0.1436-------47.65--75.59--
Lenz Therapeutics Inc0.00-117.37m401.66m6.00--2.02-----15.88-15.880.007.770.00----0.00-44.51---47.51--------------0.00-------23.35------
Organogenesis Holdings Inc433.14m4.95m401.69m862.0082.431.4319.780.92740.03680.03683.272.120.95264.025.05502,482.601.095.461.316.9075.4274.941.144.812.449.050.19890.00-3.9417.49-68.16--67.34--
Ocugen Inc6.04m-63.08m409.15m65.00--10.06--67.79-0.2616-0.26160.02470.15810.0697----92,861.54-72.85-83.56-91.66-97.79-----1,045.03-2,921.94----0.0646--142.60--27.33--39.08--
Data as of May 10 2024. Currency figures normalised to Cartesian Therapeutics Inc's reporting currency: US Dollar USD

Institutional shareholders

31.29%Per cent of shares held by top holders
HolderShares% Held
Fidelity Management & Research Co. LLCas of 29 Feb 202416.87m10.42%
Invus Public Equities Advisors LLCas of 31 Dec 20239.14m5.64%
The Vanguard Group, Inc.as of 31 Dec 20237.11m4.39%
BlackRock Fund Advisorsas of 31 Dec 20236.88m4.25%
Geode Capital Management LLCas of 31 Dec 20232.44m1.51%
Nantahala Capital Management LLCas of 31 Dec 20232.23m1.38%
SSgA Funds Management, Inc.as of 31 Dec 20232.20m1.36%
Goldman Sachs & Co. LLC (Private Banking)as of 31 Dec 20231.46m0.90%
JPMorgan Asset Management (UK) Ltd.as of 31 Dec 20231.40m0.86%
Northern Trust Investments, Inc.(Investment Management)as of 31 Dec 2023945.69k0.58%
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Data from 31 Dec 2023 - 31 Dec 2023Source: FactSet Research Systems Inc.
Data Provided by LSEG
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