Fate Therapeutics Stock (NASDAQ:FATE)


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$1.87

52W Range

$0.91 - $2.88

50D Avg

$1.78

200D Avg

$1.33

Market Cap

$229.62M

Avg Vol (3M)

$2.83M

Beta

2.52

Div Yield

-

FATE Company Profile


Fate Therapeutics, Inc. is a clinical-stage biopharmaceutical firm dedicated to creating advanced, programmed cellular immunotherapies. These innovative treatments are designed to combat cancer and various immune disorders across the globe. A significant portion of its development pipeline concentrates on NK- and T-cell immuno-oncology programs. Key candidates include FT516, which targets acute myeloid leukemia (AML), B-cell lymphoma, and advanced solid tumors; FT596 for B-cell lymphoma and chronic lymphocytic leukemia; FT538, addressing AML and multiple myeloma; FT576, also focused on multiple myeloma; FT819, aimed at both hematologic malignancies and solid tumors; FT536, another program for solid tumors; and FT500, intended for advanced solid tumors. The company also actively engages in strategic collaborations to advance its research and development. It holds an agreement with Ono Pharmaceutical Co. Ltd. for the joint development and commercialization of two novel, "off-the-shelf" iPSC-derived CAR T-cell therapies. Furthermore, Fate Therapeutics maintains a research collaboration and licensing deal with Juno Therapeutics, Inc., focusing on identifying small molecule modulators that can enhance the therapeutic efficacy of genetically engineered T-cell immunotherapies. A separate collaboration and option agreement exists with Janssen Biotech, Inc. Established in 2007, Fate Therapeutics, Inc. is based in San Diego, California.

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Industry

Biotechnology

Sector

Healthcare

Exchange

NASDAQ

ADR

-

Country

US

Employees

181

IPO Date

Oct 01, 2013

Website

FATE Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 20
Upfront Fee And Equity Premium$31.20M$23.10M$6.50M

Fiscal year ends in Dec 25 | Currency in USD

FATE Financial Summary


Dec 25Dec 24Dec 23
Revenue$6.65M$13.63M$63.53M
Operating Income$-147.70M$-210.28M$-190.51M
Net Income$-136.31M$-186.26M$-160.93M
EBITDA$-147.70M$-176.58M$-172.23M
Basic EPS$-1.15$-1.64$-1.64
Diluted EPS$-1.15$-1.64$-1.64

Fiscal year ends in Dec 25 | Currency in USD

Latest Earnings Call Transcripts


Q1 24May 09, 24 | 5:00 PM
Q4 23Feb 26, 24 | 5:00 PM
Q3 23Nov 08, 23 | 5:00 PM

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