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Precision BioSciences (NASDAQ: DTIL) — Company Overview, News & Financial Data

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Company profile

Precision BioSciences

Precision BioSciences (NASDAQ:DTIL) is a biotechnology firm dedicated to improving lives through its proprietary genome editing platform, ARCUS. This innovative company is engaged in the development of novel therapeutics and solutions in the field of gene editing, with a keen focus on overcoming cancer and genetic diseases. Precision BioSciences is actively working on a range of projects including but not limited to, next-generation CAR T-cell therapies aimed at addressing unmet medical needs in oncology, and gene therapies to tackle rare genetic disorders. The company's objectives are rooted in leveraging its cutting-edge technology to create precise, targeted treatments that offer a significant advantage over existing therapies, ultimately striving to deliver revolutionary medical breakthroughs and improve patient outcomes.

Snapshot

Public USOwnership
2006Year founded
124Employees
North Carolina, United StatesHead office
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Global footprint

Operations

All Locations
United States

Products and/or services of Precision BioSciences

  • ARCUS gene editing platform, a technology for precise gene editing in healthcare, agriculture, and manufacturing.
  • PBCAR0191, an allogeneic CAR T therapy targeting CD19 for B-cell malignancies.
  • PBCAR20A, an off-the-shelf CAR T therapy aimed at treating Non-Hodgkin Lymphoma and other B-cell malignancies.
  • PBCAR269A, designed for multiple myeloma treatment, leveraging an allogeneic CAR T approach.
  • In Vivo Gene Correction using ARCUS for genetic diseases, focusing on liver-directed therapies.
  • Allogeneic CAR T Cell Therapies for solid tumors, expanding the potential applications of their gene editing technology.

Precision BioSciences executive team

  • Michael AmorosoPresident, CEO & Director
  • John Alexander KellyChief Operating Officer
  • Dario ScimecaChief Legal Officer & Secretary
  • Jefferson J. SmithCo-Founder & Chief Research Officer
  • Naresh TannaChief Financial Officer
  • Mei BurrisVP of Finance & Chief Accounting Officer
  • Cassie GorsuchChief Scientific Officer
  • Juli BlancheChief People Officer
  • Cindy AtwellChief Development Officer
  • Neil LeatherburySenior VP and Head of Chemistry, Manufacturing & Controls

Key financials

Reported results for Precision BioSciences, in USD.

Market cap
191.8M
Revenue (TTM)
45.1M
P/E ratio
—
EPS (diluted, TTM)
-1.3
Dividend yield
—
Profit margin
-117.0%
Precision BioSciences annual revenue and income
Fiscal year endRevenueOperating incomeNet income
34.3M-52.1M-45.7M
68.7M-26.2M7.2M
48.7M-43.7M-61.3M
25.1M-62.3M-111.6M