Sector: Healthcare | Industry: Biotechnology & Medical Research |
See Regulatory Filings on SEC |
Company Contact | |
Address: | Baarerstrasse 14 ZUG ZUG 6300 |
Tel: | N/A |
Website: | https://crisprtx.com |
IR: | See website |
Key People | ||
Samarth Kulkarni Chairman of the Board, Chief Executive Officer | Raju Prasad Chief Financial Officer | James R. Kasinger General Counsel, Secretary |
Business Overview |
CRISPR Therapeutics AG is a Switzerland-based gene editing company focused on the development of CRISPR/Cas9-based therapeutics. CRISPR/Cas9 stands for Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR)/CRISPR-associated protein 9 (Cas9) and is a technology for gene editing, the process of precisely altering specific sequences of genomic DNA. The Company aims to apply this technology to disrupt, delete, correct and insert genes to treat genetically-defined diseases and to engineer advanced cellular therapies. The Company has acquired the rights to the intellectual property (IP) encompassing CRISPR/Cas9 and related technologies and is also involved in its own IP research and additional in-licensing efforts. The Company product development and partnership strategies are designed to exploit the full potential of the CRISPR/Cas9 platform while maximizing the probability of successfully developing their product candidates. |
Financial Overview |
For the fiscal year ended 31 December 2023, Crispr Therapeutics AG revenues increased from $1.2M to $371.2M. Net loss decreased 76% to $153.6M. Revenues reflect Collaboration revenue increase from $436K to $370M, Grant revenue increase of 58% to $1.2M. Lower net loss reflects Research and development - Balancing decrease of 16% to $341M (expense), Other (expense) income, net increase from $22.7M to $71.8M (income). |
Employees: | 407 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $2,867M as of Dec 31, 2023 |
Annual revenue (TTM): | $371.21M as of Dec 31, 2023 |
EBITDA (TTM): | -$202.66M as of Dec 31, 2023 |
Net annual income (TTM): | -$153.61M as of Dec 31, 2023 |
Free cash flow (TTM): | -$272.35M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 84,883,091 as of Apr 8, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |