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Fate Therapeutics (NASDAQ: FATE) — Company Overview, News & Financial Data

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Company profile

Fate Therapeutics

Fate Therapeutics (NASDAQ:FATE) is a biopharmaceutical company dedicated to the development of programmed cellular immunotherapies for cancer and immune disorders. Their cutting-edge approaches leverage induced pluripotent stem cell (iPSC) technology to produce natural killer (NK) and T-cell therapies aimed at transforming the treatment landscape for patients battling these severe diseases. With a pipeline featuring multiple projects in various stages of development, the company focuses on advancing its cell-based treatments through clinical trials, aiming to offer innovative solutions that can improve patient outcomes. A key objective for Fate Therapeutics is to harness the power of their proprietary technology to lead the way in iPSC-derived, off-the-shelf cell-based cancer immunotherapy, providing hope and potential new therapies for patients worldwide.

Snapshot

Public USOwnership
2007Year founded
249Employees
California, United StatesHead office
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Global footprint

Operations

All Locations
United States

Products and/or services of Fate Therapeutics

  • iPSC-derived NK and T-cell therapies targeting cancer.
  • iPSC-derived CAR NK-cell therapy for B-cell lymphoma.
  • Partnership with ONO Pharmaceutical for immuno-oncology cell therapy.
  • Development of FT516, an engineered NK cell therapy for hematologic malignancies.
  • FT538, an advanced NK cell therapy for solid tumors and hematologic malignancies.

Fate Therapeutics executive team

  • Bahram ValamehrPresident, CEO & Director
  • Kamal AdawiCFO & Treasurer
  • Cindy R. TahlChief Legal & Compliance Officer and Corporate Secretary
  • Jessica FrancisSenior Vice President of Human Resources & Operations
  • Martin HoskingHead of Research
  • Tunde BabalolaSenior Vice President of Technical Operations & Quality
  • Ryan DouglasSenior Director of Investor Relations & Business Development
  • Andrew HenrySenior Vice President of Clinical Operations
  • Yu CaiHead of Intellectual Property & Assistant General Counsel

Key financials

Reported results for Fate Therapeutics, in USD.

Market cap
240.8M
Revenue (TTM)
6.5M
P/E ratio
—
EPS (diluted, TTM)
-1.0
Dividend yield
—
Profit margin
0.0%
Fate Therapeutics annual revenue and income
Fiscal year endRevenueOperating incomeNet income
6.6M-147.7M-136.3M
13.6M-210.3M-186.3M
63.5M-190.5M-160.9M
96.3M-308.4M-255.1M