RN

Cartesian Therapeutics IncNASDAQ RNAC Stock Report

Last reporting period 30 Sep, 2024

Updated 12 Nov, 2024

Last price

Market cap $B

0.319

Micro

Exchange

XNAS - Nasdaq

RNAC Stock Analysis

RN

Uncovered

Cartesian Therapeutics Inc is uncovered by Eyestock quantitative analysis.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

-23/100

Low score

Market cap $B

0.319

Dividend yield

Shares outstanding

17.82 B

Cartesian Therapeutics Inc is a US-based company operating in Biotechnology industry. The company is headquartered in Gaithersburg, Maryland and currently employs 38 full-time employees. The company went IPO on 2016-06-22. Cartesian Therapeutics, Inc. is a clinical-stage company. The firm is engaged in developing messenger ribonucleic acids (mRNA) cell therapies for the treatment of autoimmune diseases. The company 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. The company is developing Descartes-33 to deliver a combination of therapeutic proteins that target key drivers in the pathogenesis of autoimmunity.

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