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7 Gene Editing Stocks with Game-Changing Potential - 6 of 7

 
 

#6 - Caribou Biosciences (NASDAQ:CRBU)

Finding a cure for cancer remains elusive despite the progress made. I’ve included Caribou Biosciences, Inc. (NASDAQ: CRBU) on this list because they are laser-focused on finding cancer treatments. Caribou focuses on chimeric antigen receptor T cell therapy (CAR-T).  

In CAR-T cell therapy, engineered molecules called chimeric antigen receptors (CARs) identify and destory antigens found in lymphoma cells. The company has candidates to treat blood cancer in stage 1 trials. And the company is also working on getting candidates to treat solid tumors into clinical trials.  

The company is also partnering with AbbVie Inc. (NYSE: ABBV) to develop additional CAR-T cell therapies that can be enhanced with CRISPR gene editing technology.  

However, as an illustration of how volatile these stocks can be, Caribou posted positive results in its Stage 1 trial but CRBU stock still dropped. Still, Caribou receives a Buy rating from the analysts surveyed by MarketBeat with a price target that is 265% above its current level.  

About Caribou Biosciences

Caribou Biosciences, Inc, a clinical-stage biopharmaceutical company, engages in the development of genome-edited allogeneic cell therapies for the treatment of hematologic malignancies in the United States and internationally. Its lead product candidate is CB-010, an allogeneic anti-CD19 CAR-T cell therapy that is in phase 1 clinical trial to treat relapsed or refractory B cell non-Hodgkin lymphoma. Read More 
Current Price
$1.80
Consensus Rating
Buy
Ratings Breakdown
4 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
Consensus Price Target
$10.20 (466.7% Upside)

 

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