Aug. 15 at 1:29 AM
$SCTX Started a position in Scribe today. Good scientific team, strong IP, backed by a16z, and partnerships with Eli Lilly/Prevail and Sanofi. I like the epigenetic silencing aspect of being able to silence a gene without having to edit or cut the DNA. The technology might have the potential to make siRNAs obsolete if safety holds up long term. The S1 filing also mentioned obesity and MASH targets as well so I'm guessing they might go after INHBE as a target.
Sitting at a
$335 million market cap currently and well funded with the recent IPO it'll be interesting to see what price targets analysts come up with when the post IPO quiet period expires.
Years and years away from market, but overall an interesting company with a lot of potential. Hopefully they can execute properly.