Prelude Therapeutics Incorporated, a clinical-stage precision oncology company, focuses on the discovery and development of novel precision cancer medicines to underserved patients. It is developing JAK2V617F, a driver mutation product for the treatment of myeloproliferative neoplasms, myelofibrosis (MF), polycythemia vera, and essential thrombocythemia (ET); KAT6A for the treatment of advanced breast cancer and other solid tumors; and mutated calreticulin degrader antibody conjugates to treat MF and ET. The company has collaboration with AbCellera Biologics to discover, develop, and commercialize novel degrader antibody conjugates. Prelude Therapeutics Incorporated was incorporated in 2016 and is based in Wilmington, Delaware.
Strategic Outlook | Learn about Prelude's potential in the competitive oncology landscape, with key data readouts and an IND filing for KAT6A degraders on the horizon |
Market Valuation | Analyst price targets range from $1 to $5, with a consensus of $3.20, reflecting mixed expectations for this clinical-stage biotech company |
Financial Footing | Delve into PRLD's solid cash position of $77.3M, crucial for funding ongoing clinical trials despite minimal revenue in this pre-market phase |
Pipeline Progress | Explore Prelude Therapeutics' advancing cancer drug candidates, including PRT3789 and PRT7732, with promising early-stage results in targeted therapies |
Metrics to compare | PRLD | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipPRLDPeersSector | |
|---|---|---|---|---|
P/E Ratio | −4.6x | −3.4x | −0.5x | |
PEG Ratio | −0.16 | −0.09 | 0.00 | |
Price / Book | 6.6x | 4.2x | 2.6x | |
Price / LTM Sales | 37.5x | 71.0x | 3.2x | |
Upside (Analyst Target) | 13.6% | 69.3% | 45.7% | |
Fair Value Upside | Unlock | 2.7% | 4.8% | Unlock |