TRAX

First Tracks Biotherapeutics, Inc. Stock Price

NasdaqGS:TRAX Community·US$599.5m Market Cap
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TRAX Share Price Performance

US$17.18
-1.82 (-9.58%)
US$17.18
-1.82 (-9.58%)
Price US$17.18

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Snowflake Analysis

Excellent balance sheet with low risk.

3 Risks
0 Rewards

First Tracks Biotherapeutics, Inc. Key Details

US$0

Revenue

US$139.6m

Cost of Revenue

-US$139.6m

Gross Profit

US$29.8m

Other Expenses

-US$169.4m

Earnings

Last Reported Earnings
Mar 31, 2026
Next Reporting Earnings
n/a
-4.85
0%
0%
0%
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About TRAX

Founded
2019
Employees
104
CEO
Daniel Faga
WebsiteView website
www.firsttracksbio.com

First Tracks Biotherapeutics, Inc. operates a clinical-stage biotechnology company focused on delivering immunology therapeutics for autoimmune and inflammatory diseases in United States. Its products includes ANB033, a novel anti-CD122 antagonist that targets the shared beta subunit of the IL-15 and IL-2 receptors; Rosnilimab, a antibody engineered to selectively deplete pathogenic T cells in both the periphery and inflamed tissues; and ANB101, a BDCA2-modulating antibody designed to specifically target plasmacytoid dendritic cells (pDCs). First Tracks Biotherapeutics, Inc. was formerly known as Biopharma Co., Inc. and changed its name to First Tracks Biotherapeutics, Inc. in February 2026. First Tracks Biotherapeutics, Inc. was founded in 2019 and is based in San Diego, California.

Recent TRAX News & Updates

Seeking Alpha May 06

First Tracks: Huge Cash Reserves Will Not Sustain Testing For Long

Summary First Tracks Biotherapeutics, spun off from AnaptysBio, launches with $180M cash and a diverse, early-stage pipeline. I rate TRAX as a Hold due to post-spin instability, near-term dilution risk, and a multi-year path to revenue. ANB033 targets celiac disease, with no current FDA-approved therapies; pivotal trial data are expected in Q4 2026–2027, with commercialization likely a decade away. Rosnilimab showed strong Phase 2b RA results but faces entrenched competition and is reliant on a single indication for success. Read the full article on Seeking Alpha

Recent updates

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