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Precision Biosciences - DTIL STOCK NEWS

Welcome to our dedicated page for Precision Biosciences news (Ticker: DTIL), a resource for investors and traders seeking the latest updates and insights on Precision Biosciences stock.

Overview of Precision BioSciences, Inc. (DTIL)

Precision BioSciences, Inc., headquartered in Durham, North Carolina, is a biotechnology company specializing in genome editing. At the heart of its operations is its proprietary genome editing platform, ARCUS, a highly advanced and versatile tool designed to address complex challenges in human health and agriculture. Precision BioSciences aims to leverage its cutting-edge technology to develop innovative solutions that improve lives and create sustainable food systems.

The ARCUS Genome Editing Platform

The ARCUS platform is the cornerstone of Precision BioSciences' business model. ARCUS is derived from a naturally occurring genome-editing enzyme called I-CreI, which has been engineered to create a highly specific and efficient editing tool. One of ARCUS's unique advantages is its relatively small size, which allows for delivery to a wider range of cells and tissues through both viral and non-viral methods. This flexibility is critical for addressing a diverse array of genetic disorders and agricultural challenges. By enabling precise edits to DNA, ARCUS provides a foundation for developing therapies that target the root causes of genetic diseases.

Applications in Human Health

Precision BioSciences is actively utilizing ARCUS to develop therapeutic candidates aimed at treating severe and complex diseases. Its focus areas include genetic disorders, cancers, and other conditions where genome editing can offer transformative solutions. The company's therapeutic pipeline is designed to address unmet medical needs, with an emphasis on safety, efficacy, and accessibility. By collaborating with strategic partners and leveraging its in-house expertise, Precision BioSciences is working to bring groundbreaking treatments to patients worldwide.

Applications in Agriculture

In addition to its healthcare initiatives, Precision BioSciences applies ARCUS to agricultural challenges, aiming to create sustainable and resilient food systems. The technology is used to develop crops with enhanced traits such as improved yield, disease resistance, and environmental adaptability. This dual focus on health and agriculture sets Precision BioSciences apart from many of its competitors, showcasing the versatility and scalability of the ARCUS platform.

Competitive Landscape

Precision BioSciences operates in a highly competitive biotechnology sector, alongside companies like CRISPR Therapeutics, Editas Medicine, and Intellia Therapeutics. Its differentiation lies in the unique attributes of the ARCUS platform, particularly its small size and precise editing capabilities. These features potentially enable broader therapeutic applications and delivery options compared to other genome editing technologies. The company's dual focus on human health and agriculture further distinguishes it, providing diversified opportunities for innovation and revenue generation.

Challenges and Market Position

Like many biotechnology companies, Precision BioSciences faces challenges such as high research and development costs, stringent regulatory requirements, and the need to demonstrate clinical and commercial success. However, its proprietary technology, strategic partnerships, and diversified applications position it as a promising player in the genome editing space. By addressing critical issues in healthcare and agriculture, Precision BioSciences is contributing to advancements that have the potential to create significant societal impact.

Conclusion

Precision BioSciences, Inc. is a pioneering biotechnology company that combines scientific innovation with practical applications to address some of the world's most pressing challenges. Through its ARCUS platform, the company is advancing the fields of genome editing, therapeutics, and agriculture, positioning itself as a versatile and impactful player in its industry. Its commitment to precision, safety, and efficacy underscores its mission to improve life through science.

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Precision BioSciences, Inc. (DTIL) will release financial results for Q4 and FY 2023 and give a business update on March 27, 2024.
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Precision BioSciences presents promising data at MMTD conference for PBGENE-PMM program targeting m.3243-associated primary mitochondrial myopathy. ARCUS technology demonstrates efficient elimination of mutant mitochondrial DNA while preserving wild-type DNA, leading to improved mitochondrial function. Precision plans to submit CTA and/or IND for PBGENE-PMM in 2025.
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Precision BioSciences, Inc. (Nasdaq: DTIL) announces CTA approval for ECUR-506 in the UK, a gene editing therapy for OTC deficiency, marking a significant milestone in potentially revolutionizing treatment for infants with OTC deficiency.
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iECURE, Inc. announces approval from the U.K. MHRA to expand the OTC-HOPE study for ECUR-506, an investigational gene editing-based therapy for Ornithine Transcarbamylase deficiency. The study aims to assess safety, tolerability, pharmacokinetics, and efficacy of ECUR-506 in newborn males with OTC deficiency, offering a potential alternative to liver transplants.
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Precision BioSciences, Inc. (DTIL) announces a public offering of 2,500,000 shares of common stock and warrants, raising $40.0 million. Leading life sciences investors participate in the financing.
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Precision BioSciences, Inc. (DTIL) announces the commencement of a proposed underwritten public offering of its common stock and warrants. The offering includes pre-funded warrants and grants underwriters an option to purchase additional shares. Guggenheim Securities, LLC is the sole book-running manager for the offering.
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Precision BioSciences (DTIL) grants Caribou Biosciences a license for gene editing therapy patents. The agreement includes upfront payment, royalties, and milestone payments for commercialization.
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Precision BioSciences receives positive regulatory feedback for PBGENE-HBV program, advancing towards clinical development. Expected to be the first potentially curative gene editing program targeting Chronic Hepatitis B.
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Precision BioSciences, Inc. (DTIL) promotes Naresh Tanna to Vice President of Investor Relations to enhance and expand its IR program. Tanna, with over 18 years of diverse experience in Oncology, Infectious Diseases, and Rare Diseases, will lead communications with shareholders. His promotion follows Mei Burris' elevation to Senior Director of Finance and Corporate Controller in September 2023.
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Precision BioSciences (DTIL) receives upfront cash payment and equity investment from TG Therapeutics (TGTX) for an exclusive license to develop Azercabtagene Zapreleucel for autoimmune diseases, with potential payments totaling $17.5 million. Precision also expects to receive up to $288 million in milestone payments and royalties on net sales, extending its cash runway into the first half of 2026.
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FAQ

What is the current stock price of Precision Biosciences (DTIL)?

The current stock price of Precision Biosciences (DTIL) is $5.15 as of March 6, 2025.

What is the market cap of Precision Biosciences (DTIL)?

The market cap of Precision Biosciences (DTIL) is approximately 40.2M.

What is Precision BioSciences' core technology?

Precision BioSciences' core technology is the ARCUS genome editing platform, a proprietary tool designed for precise and efficient DNA editing.

What industries does Precision BioSciences operate in?

Precision BioSciences operates in the biotechnology sector, focusing on human therapeutics and agricultural solutions.

How does the ARCUS platform differentiate Precision BioSciences from competitors?

The ARCUS platform is uniquely small, enabling delivery to a wider range of cells and tissues, and offers precise DNA editing capabilities.

What are the main applications of ARCUS in healthcare?

ARCUS is used to develop therapeutic candidates for genetic disorders, cancers, and other complex diseases with unmet medical needs.

Does Precision BioSciences have applications outside of healthcare?

Yes, Precision BioSciences applies ARCUS to agriculture, developing crops with enhanced traits such as improved yield and disease resistance.

Who are Precision BioSciences' main competitors?

Key competitors include CRISPR Therapeutics, Editas Medicine, and Intellia Therapeutics, all of which operate in the genome editing space.

What challenges does Precision BioSciences face?

Challenges include high R&D costs, regulatory hurdles, and the need to demonstrate clinical and commercial success.

What makes Precision BioSciences unique in the biotechnology industry?

Its dual focus on human health and agriculture, combined with the versatility of its ARCUS platform, sets it apart from competitors.

How does Precision BioSciences generate revenue?

The company likely generates revenue through partnerships, licensing agreements, and future commercialization of its products.

What is the significance of ARCUS's small size?

The small size of ARCUS allows for delivery to a broader range of cells and tissues, enhancing its versatility in therapeutic and agricultural applications.
Precision Biosciences

Nasdaq:DTIL

DTIL Rankings

DTIL Stock Data

40.20M
7.07M
6.4%
43.45%
11.89%
Biotechnology
Biological Products, (no Disgnostic Substances)
Link
United States
DURHAM