Lexeo Therapeutics Inc LXEO

$3.31 -0.08 (-2.36%)

Valuation

Market cap
278,136,000
Revenue TTM
$0
Net income TTM
$-99,960,000
PE ratio
0.00
Forward PE
—
Profit margin
0.00%
Debt to equity
0.00

Trading

Volume
1,007,000
Avg volume
992,408
Day's range
$3.27 – $3.45
Shares out
82,046,000
Stochastic %K
4%
Beta
1.50
Analysts
Strong Sell
Price target
$20.30

Price

Company profile

Lexeo Therapeutics, Inc., a clinical stage genetic medicine company, focuses on hereditary and acquired diseases with high unmet need in the United States. Its product pipeline comprises LX2006, an AAVrh10-based gene therapy candidate, which is in phase 1/2 clinical trial to treat friedreich ataxia cardiomyopathy; LX2020, an AAVrh10-based gene therapy candidate, which is in phase 1/2 to deliver a functional plakophil...

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Lexeo Therapeutics, Inc., a clinical stage genetic medicine company, focuses on hereditary and acquired diseases with high unmet need in the United States. Its product pipeline comprises LX2006, an AAVrh10-based gene therapy candidate, which is in phase 1/2 clinical trial to treat friedreich ataxia cardiomyopathy; LX2020, an AAVrh10-based gene therapy candidate, which is in phase 1/2 to deliver a functional plakophilin-2 (PKP2) gene to cardiac muscle for the treatment of PKP2-ACM; and LX2021, a gene therapy candidate, which is in preclinical trial to deliver the coding sequence for the functional connexin 43, or Cx43, protein for a group of inherited cardiac muscle disorders associated with a high risk of sudden death, including arrhythmogenic cardiomyopathy (ACM) and certain forms of dilated cardiomyopathy. The company is also developing LX2022, a gene therapy candidate, which is in preclinical trial to deliver a functional TNNI3 gene to myocardial cells to treat a distinct form of hypertrophic cardiomyopathy. In addition, it is developing LX1001, LX1020, and LX1021, an AAVrh10-based gene therapy candidate, which has completed phase 1/2 clinical trial for the treatment of APOE4-associated Alzheimer's disease. The company has a license agreement with Cornell University to conduct the Phase 1/2 clinical trial of LX1001, as well as support the development of the LX1004 program; a research collaboration agreement with Cornell University to conduct preclinical research to develop the licensed technology; and third license agreement which obtained certain rights for FA cardiomyopathy, including rights to current and future clinical data from an ongoing Cornell University investigator-initiated Phase 1A trial of a gene therapy candidate. The company was founded in 2017 and is headquartered in New York, New York.

Industry
Biotechnology
Sector
Healthcare
Phone
212 547 9879
Website
https://www.lexeotx.com
Address
345 Park Avenue South, 6th Floor, New York, United States

Latest news

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Stocktwits

MysticChartReaderIQ69 Sep 25, 6:35 PM
$LRMR will $LXEO curb stop LRMR
0 replies
LibertarianTreehugger Sep 23, 3:50 PM
Lexeo Adds New Weapons Against a Devastating Genetic Disease: https://jlsfund.substack.com/p/lexeo-adds-new-weapons-against-a $LXEO
0 replies
notreload_ai Sep 22, 3:29 PM
$LXEO is buying Mantle for $8.3M upfront plus milestones, adding four Friedreich ataxia programs while LX2006 remains its lead gene therapy. https://notreload.xyz/xy/lexeo-acquires-mantle-for-8-3m-to-expand-fa-pipeline/
0 replies
Quantumup Sep 22, 12:59 PM
Raymond James reiterated $LXEO Strong Buy-$24 after the co. announced the acquisition of Mantle Therapeutics & the initiation of add'l research collabs to further advance Lexeo's capabilities to treat Friedrich's ataxia (FA). $BIIB $LRMR PTCT SLDB RCKT TYNA Raymond James said -- On the Mantle deal specifically, we see this as a cost-effective move that both provides technological diversification and underscores the company's commitment to FA. Although we were not aware of Mantle (which has been operating in stealth) and believe most investors were not either, Mantle's main approach of HDAC inhibition has long been studied in FA, and with promising early data, we wonder if Mantle has cracked the code. With Lexeo guiding to filing an IND for one of these assets next year and with runway guidance not changed (still into 2028), we see this deal as having limited short-term impact on the stock but an important long-term play at expanding Lexeo's ability to treat a broader FA population.
0 replies
BiotechButterflies Sep 22, 12:45 PM
$LXEO ... nice news on this M&A....
0 replies
OpenOutcrier Sep 22, 12:43 PM
$LXEO (+6.1% pre) Lexeo Therapeutics expands FA pipeline with Mantle acquisition https://ooc.bz/l/114902
0 replies
focafoca99 Sep 22, 11:28 AM
$LXEO takes a big step, signing a definitive agreement to acquire Mantle Therapeutics and launching three FA collaborations.
0 replies
LewisDaKat Sep 2, 7:01 PM
$LXEO Lexeo Therapeutics to Participate in Upcoming Investor Conferences in September https://marketwirenews.com/stock/lxeo/news/lexeo-therapeutics-to-participate-in-upcoming-invest-7272941283847380.html?utm_source=stocktwits
0 replies