Cartesian Therapeutics Inc. (1S70)
XBER 
NASDAQ (NMS) Primary XBER Summary
Strength Seen in Cartesian Therapeutics, Inc. (RNAC): Can Its 8.2% Jump Turn into More Strength?
Cartesian Therapeutics, Inc. (RNAC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Cartesian Therapeutics, Inc. (RNAC) Moves 9.9% Higher: Will This Strength Last?
Cartesian Therapeutics, Inc. (RNAC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
Cartesian Therapeutics: Uncertainty Remains
Cartesian Therapeutics' stock has rebounded sharply recently despite no significant news, driven partly by insider buying after a disappointing Phase 2b trial for Descartes-08 in myasthenia gravis. The company leverages its RNA Armory platform for mRNA cell therapies, focusing on autoimmune diseases, with Descartes-08 and Descartes-15 as its main assets. Descartes-08 showed mixed results in Phase 2b for MG, raising concerns due to endpoint changes and trial anomalies, yet plans continue for a pivotal trial in 2025.
Cartesian Therapeutics Inc. (1S70) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Cartesian Therapeutics Inc. ever had a stock split?
Cartesian Therapeutics Inc. Profile
| Biotechnology Industry | Healthcare Sector | Carsten Brunn CEO | XBER Exchange | US8162123025 ISIN |
| US Country | 66 Employees | - Last Dividend | 5 Apr 2024 Last Split | - IPO Date |
Overview
Cartesian Therapeutics, Inc. is a trailblazing clinical-stage biotechnology firm dedicated to advancing the field of medicine through its innovative approach in mRNA cell therapies. With a focus on treating various autoimmune diseases, the company stands at the forefront of developing therapies that aim to revolutionize the way such conditions are treated. Cartesian Therapeutics is founded on a commitment to leveraging advanced science to create impactful solutions for patients struggling with autoimmune disorders. Headquartered in Gaithersburg, Maryland, the company embodies a spirit of innovation and a relentless pursuit of excellence in biotechnology.
Products and Services
Cartesian Therapeutics, Inc. has developed a robust pipeline of groundbreaking mRNA cell therapies designed to address a wide range of autoimmune diseases through innovative treatment modalities. Here's an overview of their leading products under development:
- Descartes-08: This cutting-edge product is an autologous anti-BCMA RNA-engineered chimeric antigen receptor T-cell (CAR-T) therapy, which is currently in Phase 2b clinical development. It's specifically designed for treating generalized myasthenia gravis and is also being evaluated for its potential in treating patients with systemic lupus erythematosus. Furthermore, Descartes-08 is involved in myeloma autoimmune basket trials, exploring its utility in other autoimmune diseases.
- Descartes-15: Aimed at addressing both autoimmune diseases and myeloma, Descartes-15 represents another significant stride in Cartesian Therapeutics' pursuit of novel treatments. While specific details regarding its mechanism of action and development stage remain concise, Descartes-15 underscores the company's commitment to broadening its impact across multiple autoimmune conditions.
- Descartes-33: This product is currently in preclinical development and showcases Cartesian Therapeutics' ongoing efforts to extend its research and development into new therapeutic areas. Descartes-33 is focused on treating autoimmune diseases, indicating the company's continuous endeavor to innovate and expand its portfolio of solutions for autoimmune disorders.
Contact Information
