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Cabaletta Bio, Inc. CABA NASDAQ

NASDAQ Global Select • Healthcare • Biotechnology • US • USD

SharesGrow Score
51/100
2/6 Pass
SharesGrow Intrinsic Value
N/A
Negative cash flow
Analyst Price Target
$16.33
+400.9%

Cabaletta Bio, Inc. (CABA) is a publicly traded company in the Healthcare sector, operating within the Biotechnology industry. The company is headquartered in Philadelphia, PA, United States. The current CEO is Steven A. Nichtberger.

CABA has IPO date of 2019-10-25, 161 full-time employees, listed on the NASDAQ Global Select, a market capitalization of $313.82M.

About Cabaletta Bio, Inc.

Cabaletta Bio, Inc., a clinical-stage biotechnology company, focuses on the discovery and development of engineered T cell therapies for patients with B cell-mediated autoimmune diseases. Its proprietary technology utilizes chimeric autoantibody receptor (CAAR) T cells that are designed to selectively bind and eliminate B cells, which produce disease-causing autoantibodies or pathogenic B cells. The company's lead product candidate is DSG3-CAART, which is in Phase I clinical trial for the treatment of mucosal pemphigus vulgaris, an autoimmune blistering skin disease, and Hemophilia A with Factor VIII alloantibodies. Its product candidate pipeline also includes MuSK-CAART, a preclinical stage product to treat a subset of patients with myasthenia gravis; FVIII-CAART, a discovery stage product to treat a subset of patients with Hemophilia A; and DSG3/1-CAART, a discovery stage product for the treatment of mucocutaneous pemphigus vulgaris. It has a collaboration with the University of Pennsylvania; and research agreement with The Regents of the University of California. The company was formerly known as Tycho Therapeutics, Inc. and changed its name to Cabaletta Bio, Inc. in August 2018. Cabaletta Bio, Inc. was incorporated in 2017 and is headquartered in Philadelphia, Pennsylvania.

📍 2929 Arch Street, Philadelphia, PA 19104 📞 267 759 3100
Company Details
SectorHealthcare
IndustryBiotechnology
CountryUnited States
ExchangeNASDAQ Global Select
CurrencyUSD
IPO Date2019-10-25
CEOSteven A. Nichtberger
Employees161
Trading Info
Current Price$3.26
Market Cap$313.82M
52-Week Range0.986-3.78
Beta3.29
ETFNo
ADRNo
CUSIP12674W109
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