Insider Buying at These Biotechs Is Huge
As January wound to a close, beneficial owners, executives, and other insiders took advantage of public offerings of stock at these biotech companies.
Headquartered in Boston, MA Fiscal year ends December NASDAQ: ACET adicetbio.com
Adicet Bio, Inc. is a clinical-stage biotechnology company focused on discovering and developing allogeneic gamma delta T cell therapies for autoimmune diseases and cancer. The company's pipeline is centered on 'off-the-shelf' gamma delta T cells engineered with chimeric antigen receptors (CARs) to facilitate durable activity in patients. Its lead candidate, prulacabtagene leucel (prula-cel, formerly ADI-001), is being evaluated in a Phase 1 clinical trial across multiple autoimmune conditions including lupus nephritis, systemic lupus erythematosus, and systemic sclerosis. The company is also advancing ADI-212, a next-generation gene-edited, armored cell therapy candidate targeting PSMA for metastatic castration-resistant prostate cancer, which incorporates membrane-tethered IL-12 armoring and CRISPR/Cas9-mediated MED12 disruption. Additionally, Adicet is developing a differentiated in vivo CAR-T platform and pipeline targeting hematologic malignancies and solid tumors. The company is pre-revenue and trades on Nasdaq under the ticker ACET. Updated
As January wound to a close, beneficial owners, executives, and other insiders took advantage of public offerings of stock at these biotech companies.
Adicet Bio, Inc. is a clinical-stage biotechnology company focused on discovering and developing allogeneic gamma delta T cell therapies for autoimmune diseases and cancer.
The Wall Street consensus 12-month price target for ACET is $34.83.