Crispr Therapeutics AG (OQ:CRSP)

Business Focus: Biotechnology & Medical Research

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
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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

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