CRISPR Therapeutics: CEO Targets $25bn Valuation - Exa-Cel Approval Is First Step

Summary

  • CRISPR Therapeutics has a partnership with Vertex over Exa-Cel, a potentially curative therapy for Sickle Cell Disease and beta thalassemia.
  • The FDA will hold an Advisory Committee meeting before the December 8 decision on Exa-Cel's approval.
  • CEO Sam Kulkarni aims to grow CRISPR Therapeutics into a $25 billion company, comparing it to the rise of RNA therapeutics giants like Alnylam Therapeutics.
  • The CEO is honest and open about the risks and challenges - but Exa-Cel appears to warrant approval and would represent a major step forward for the company.
  • In this post I discuss Exa-Cel's MoA and market opportunity, and why CRISPR Therapeutics SP has not broken out of its $40-$60 trading range thanks to its undeservedly low profile.
Concept of treatment and adjustment of DNA .

Natali_Mis

Investment Overview

I have been long CRISPR Therapeutics (NASDAQ:CRSP) since late 2021, and have shared several bullish notes with Seeking Alpha readers on the gene therapy specialist - primarily discussing the company's partnership with Vertex (VRTX) over

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This article was written by

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Edmund Ingham is a biotech consultant. He has been covering biotech, healthcare, and pharma for over 5 years, and has put together detailed reports of over 1,000 companies. He leads the investing group Haggerston BioHealth.

The group is for both novice and experienced biotech investors. It provides catalysts to look out for and buy and sell ratings. It also provides product sales and forecasts for all the Big Pharmas, forecasting, integrated financial statements, discounted cash flow analysis and market by market analysis. Learn more.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of CRSP either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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