BT

Beam Therapeutics

BEAM
NASDAQHealth Care
$30.95
USD
+1.57(+5.34%)
At close: Apr 30, 17:11 UTC
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Open

$30.93

Prev. Close

$30.92

High

$30.97

Low

$30.93

Market Snapshot

Market Cap

$2.98B

P/E Ratio

-37.3

EPS

-4.58

Revenue

$63.52M

Employees

511

Why BEAM moved

Beam Therapeutics announced successful BEACON trial results, demonstrating significant improvements in sickle cell patients without complications, enhancing prospects for advanced gene editing therapies in the industry.

About

Beam Therapeutics, Inc. is a biotechnology company, which engages in the establishment of integrated platform for precision genetic medicines. The company is headquartered in Cambridge, Massachusetts and currently employs 511 full-time employees. The company went IPO on 2020-02-06. The firm's suite of gene editing technologies is anchored by base editing, a technology that is designed to enable precise, predictable and efficient single base changes, at targeted genomic sequences, without making double-stranded breaks in the deoxyribonucleic acid. Its lead programs are focused on sickle cell disease and alpha-1 antitrypsin deficiency, and it is also advancing programs in other genetic diseases. Its primary programs include BEAM-101, Engineered Stem Cell Antibody Paired Evasion (ESCAPE), BEAM-302 and BEAM-301. BEAM-101 is a patient-specific, autologous hematopoietic stem cell (HSC), investigational therapy. ESCAPE is a potentially non-genotoxic approach to HSC transplantation. BEAM-302 is a liver-targeting lipid nanoparticle formulation of base editing reagents designed to offer a one-time treatment to correct the E342K point mutation (PiZZ genotype).

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