Welcome to our dedicated page for Fate Therapeutic news (Ticker: FATE), a resource for investors and traders seeking the latest updates and insights on Fate Therapeutic stock.
Fate Therapeutics, Inc. (NASDAQ: FATE) is a clinical-stage biopharmaceutical company based in the United States, specializing in the development of programmed cellular immunotherapies for cancer and autoimmune disorders. The company's innovative approach leverages induced pluripotent stem cell (iPSC) technology to create off-the-shelf, engineered NK- and T-cell product candidates designed to deliver multiple therapeutic mechanisms to patients.
Fate Therapeutics' proprietary iPSC product platform enables the mass production of multiplexed-engineered cell products that are uniform in composition and can be stored for off-the-shelf availability. This platform allows for the efficient manufacture of well-defined cell therapies that can be used in combination with other treatments, significantly overcoming the limitations of patient- or donor-sourced cells.
Recent highlights include the initiation of patient enrollment in the Phase 1 study of FT522, an ADR-armed, CD19-targeted CAR NK cell program for B-cell lymphoma. Additionally, the FDA has cleared the IND application for FT825/ONO-8250 in solid tumors, marking a key milestone in the company's collaboration with ONO Pharmaceutical. The expansion of the iPSC product platform into autoimmunity with FT819, targeting systemic lupus erythematosus, further underscores Fate Therapeutics' commitment to addressing complex diseases.
The company's financial health remains robust, bolstered by recent funding efforts, including the sale of shares and pre-funded warrants to institutional investors. Fate Therapeutics continues to lead in the field of cellular immunotherapies, with a strong pipeline of product candidates and an intellectual property portfolio comprising over 500 issued patents and 500 pending patent applications.
Headquartered in San Diego, CA, Fate Therapeutics is dedicated to advancing its clinical programs and providing innovative treatments to improve patient outcomes. For more information, please visit www.fatetherapeutics.com.
FAQ
What is the current stock price of Fate Therapeutic (FATE)?
The current stock price of Fate Therapeutic (FATE) is $1.42 as of February 21, 2025.
What is the market cap of Fate Therapeutic (FATE)?
The market cap of Fate Therapeutic (FATE) is approximately 176.0M.
What does Fate Therapeutics specialize in?
Fate Therapeutics specializes in the development of programmed cellular immunotherapies for cancer and autoimmune disorders using induced pluripotent stem cell (iPSC) technology.
What is the iPSC product platform?
The iPSC product platform is a proprietary technology that allows Fate Therapeutics to mass-produce multiplexed-engineered cell products that are uniform in composition and can be stored for off-the-shelf availability.
What are the recent achievements of Fate Therapeutics?
Recent achievements include the initiation of Phase 1 studies for FT522 in B-cell lymphoma and the FDA clearance of the IND application for FT825/ONO-8250 in solid tumors. The company also expanded its iPSC platform into autoimmunity with FT819 for systemic lupus erythematosus.
What is the financial condition of Fate Therapeutics?
Fate Therapeutics is financially robust, supported by recent funding through the sale of shares and pre-funded warrants to institutional investors, which are expected to generate approximately $100 million in gross proceeds.
Where is Fate Therapeutics headquartered?
Fate Therapeutics is headquartered in San Diego, California.
How does Fate Therapeutics address the limitations of patient- or donor-sourced cells?
Fate Therapeutics uses its iPSC product platform to produce well-defined, uniform cell therapies that can be stored off-the-shelf, overcoming the limitations associated with patient- or donor-sourced cells.
What is the significance of FT522 and FT825/ONO-8250?
FT522 is an ADR-armed, CD19-targeted CAR NK cell program for B-cell lymphoma, and FT825/ONO-8250 is an iPSC-derived CAR T-cell program for solid tumors. Both represent significant advancements in Fate Therapeutics' clinical pipeline.
What diseases does Fate Therapeutics aim to treat?
Fate Therapeutics develops treatments for a range of diseases, including cancer, autoimmune disorders, hematological diseases, traumatic injuries, and degenerative diseases.
What makes Fate Therapeutics' iPSC product platform unique?
The iPSC product platform is unique due to its ability to mass-produce multiplexed-engineered cell products that are well-defined, uniform, and can be stored for off-the-shelf availability, making them readily accessible for patients.
How can I learn more about Fate Therapeutics?
For more information, you can visit Fate Therapeutics' official website at www.fatetherapeutics.com.