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BEAM - Beam Therapeutics: Cool Tech But At A Way Inflated Price For Now
Beam Therapeutics Inc.
2024-02-08 04:32:36 ET
Summary
Beam Therapeutics has a diversified pipeline of cell and nanoparticle-based therapeutic candidates, but the lack of data does not justify its high valuation.
The company has two main candidates in clinical trials, BEAM-101 and BEAM-201, targeting sickle cell disease and T-cell leukemia.
Beam Therapeutics has a strong financial position with over $1 billion in cash and assets, but its high cash burn rate poses a risk.