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LogicBio Therapeutics, Inc. Stock Price

NasdaqGM:LOGC Community·US$68.2m Market Cap
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LOGC Share Price Performance

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Snowflake Analysis

Excellent balance sheet and slightly overvalued.

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LogicBio Therapeutics, Inc. Key Details

US$10.8m

Revenue

US$30.7m

Cost of Revenue

-US$19.9m

Gross Profit

US$6.6m

Other Expenses

-US$26.5m

Earnings

Last Reported Earnings
Sep 30, 2022
Next Reporting Earnings
n/a
-0.81
-185.15%
-246.71%
37.7%
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About LOGC

Founded
2014
Employees
62
CEO
Frederic Chereau
WebsiteView website
www.logicbio.com

LogicBio Therapeutics, Inc., a genetic medicine company, focuses on developing and commercializing genome editing and gene therapy treatments using its GeneRide and sAAVy platforms. The company’s GeneRide technology is a new approach to precise gene insertion harnessing a cell's natural deoxyribonucleic acid; and gene delivery platform, sAAVy is an adeno-associated virus, which is designed to optimize gene delivery for treatments in a range of indications and tissues. Its lead product candidate is LB-001 that is in Phase I/II clinical trials for the treatment of methylmalonic acidemia. The company has a collaboration with Children's Medical Research Institute to develop next-generation capsids for gene therapy and gene editing applications in the liver, as well as additional tissues; and a collaboration agreement with Takeda Pharmaceutical Company Limited to develop LB-301, an investigational therapy for the treatment of Crigler-Najjar syndrome. The company also has a research collaboration, license, and option agreement with CANbridge Care Pharma Hong Kong Limited; and collaboration agreement with Daiichi Sankyo Company. The company was incorporated in 2014 and is headquartered in Lexington, Massachusetts.