Mustang Bio, Inc., a clinical-stage biopharmaceutical company headquartered in Worcester, Massachusetts, focuses on developing cell and gene therapies for treating hematologic cancers, solid tumors, and rare genetic diseases. The company, which went public in 2017, collaborates with notable medical centers like City of Hope and Fred Hutchinson Cancer Center to advance its CAR T therapy pipeline targeting various cancer markers.
MBIO has been in the news recently: Mustang Bio, Inc. sold 6,130,000 shares of common stock at $0.41 per share in a registered direct offering. Jabil Inc. (JBL) and Kaival Brands Innovations Group, Inc. (KAVL) both experienced significant drops in shares following recent announcements.
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