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Frequency Therapeutics, Inc. FREQ NASDAQ

NASDAQ Global Select • Healthcare • Biotechnology • US • USD

SharesGrow Score
42/100
2/7 Pass
SharesGrow Intrinsic Value
N/A
Negative cash flow
Analyst Price Target
$1.40
+367.3%

Frequency Therapeutics, Inc. (FREQ) is a publicly traded company in the Healthcare sector, operating within the Biotechnology industry. The company is headquartered in Lexington, MA, United States. The current CEO is David L. Lucchino.

FREQ has IPO date of 2019-10-03, 46 full-time employees, listed on the NASDAQ Global Select, a market capitalization of $10.94M.

About Frequency Therapeutics, Inc.

Frequency Therapeutics, Inc., a clinical-stage biotechnology company, focuses on developing therapeutics to activate a person's innate regenerative potential to restore function. Its Progenitor Cell Activation approach uses small molecules and activate progenitor cells within the body to create functional tissue. The company's lead product candidate is FX-322, which is in Phase IIa clinical trial to treat the underlying cause of sensorineural hearing loss. It is also developing medicines for patients across a range of degenerative conditions, including multiple sclerosis, and diseases of the muscle, gastrointestinal tract, skin, and bone. The company has a license and collaboration agreement with Astellas Pharma Inc. for the development and commercialization of FX-322, as well as collaboration and licensing agreements with Massachusetts Eye and Ear, the Massachusetts Institute of Technology, The Scripps Research Institute, and Cambridge Enterprises Limited. Frequency Therapeutics, Inc. was incorporated in 2014 and is headquartered in Lexington, Massachusetts.

📍 75 Hayden Avenue, Lexington, MA 02421 📞 781 315 4600
Company Details
SectorHealthcare
IndustryBiotechnology
CountryUnited States
ExchangeNASDAQ Global Select
CurrencyUSD
IPO Date2019-10-03
CEODavid L. Lucchino
Employees46
Trading Info
Current Price$0.30
Market Cap$10.94M
52-Week Range0.183-5.59
Beta0.77
ETFNo
ADRNo
CUSIP35803L108
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