Artiva has two-bagger potential in the eyes of multiple Wall Street analysts. Its cell therapies could provide a much more efficient treatment of autoimmune diseases.
In July, Artiva Biotherapeutics, Inc. ARTV priced its upsized initial public offering of 13.92 million shares at $12.00 per share, with gross proceeds of approximately $167.0 million.
24/7 Wall St. Insights In the past week or so, initial public offerings at a biotech and an investment management firm attracted huge insider buying.
| Biotechnology Industry | Healthcare Sector | Fred Aslan CEO | NASDAQ (NMS) Exchange | US04317A1079 ISIN |
| US Country | 96 Employees | - Last Dividend | - Last Split | - IPO Date |
Artiva Biotherapeutics, Inc. is a trailblazer in the clinical-stage biotechnology arena, with a dedicated focus on developing innovative natural killer (NK) cell-based therapies. These pioneering treatments are designed to offer new hope to patients grappling with a range of autoimmune diseases and cancers. Since its inception in 2019, Artiva has been at the forefront of leveraging cutting-edge science to harness the power of NK cells, propelling forward the fight against some of the most challenging health conditions. Headquartered in the vibrant biotech hub of San Diego, California, Artiva Biotherapeutics is poised to redefine the therapeutic landscape for patients around the globe.
An off-the-shelf NK cell therapy positioned as the company’s lead product candidate. AB-101 is designed to combat a vast array of autoimmune diseases and cancers, providing a beacon of hope for patients with lupus nephritis, rheumatoid arthritis, pemphigus vulgaris, and several subclasses of anti-neutrophil cytoplasmic antibody-associated vasculitis, including granulomatosis with polyangiitis and microscopic polyangiitis. Moreover, it shows promising potential in treating systemic lupus erythematosus and B-cell-non-Hodgkin lymphoma, illustrating Artiva’s commitment to addressing complex health issues with groundbreaking solutions.
An allogeneic anti-human epidermal growth factor receptor 2 (HER2) chimeric antigen receptor (CAR)-NK cell product candidate. AB-201 represents a novel approach in utilizing genetically engineered NK cells to target and eliminate cancer cells expressing HER2, a protein often associated with aggressive forms of cancer. This cutting-edge therapy exemplifies Artiva’s innovative spirit and dedication to pushing the boundaries of cancer treatment.
An allogeneic anti-CD5 CAR-NK cell product candidate, AB-205 stands out as a targeted therapy aiming to harness the power of NK cells against CD5-expressing malignancies. By focusing on this specific therapeutic target, Artiva Biotherapeutics underscores its precision in developing highly specialized treatments intended to improve patient outcomes in the fight against cancer.