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Editas Medicine, Inc. - Common Stock (EDIT)

1.1300
-0.0500 (-4.24%)
NASDAQ · Last Trade: Apr 3rd, 12:12 PM EDT
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Competitors to Editas Medicine, Inc. - Common Stock (EDIT)

Bluebird Bio, Inc. BLUE -3.38%

Bluebird Bio is involved in developing gene therapies for genetic diseases and cancer. While Editas Medicine directly competes with Bluebird in the therapeutic space, their approaches differ, with Bluebird focusing heavily on integrating gene therapy strategies rather than gene editing per se. Bluebird's innovative treatment, Zynteglo, offers a one-time curative treatment for beta-thalassemia, illustrating its expertise in a different domain. Editas Medicine’s greater focus on precision gene editing gives it a competitive standing, but Bluebird’s advancements in the gene therapy sphere have led to a strong presence in the market.

CRISPR Therapeutics AG CRSP -2.69%

CRISPR Therapeutics focuses on developing transformative medicines using its proprietary CRISPR technology for serious diseases, including genetic disorders and cancer. Similar to Editas Medicine, CRISPR Therapeutics aims to harness gene editing to create one-time therapies that can provide long-lasting benefits. Both companies have strategic collaborations with prominent organizations, such as CRISPR's partnership with Vertex Pharmaceuticals, giving them a competitive edge in research and clinical trials. However, CRISPR Therapeutics has been more aggressive in advancing its pipeline towards clinical trials, which positions it as a leader in the gene editing space.

Intellia Therapeutics, Inc. NTLA -3.70%

Intellia Therapeutics, like Editas Medicine, utilizes CRISPR/Cas9 technology for gene editing, with a focus on both in vivo and ex vivo applications. The company's lead programs target genetic diseases and are complemented by its innovative approaches, including the use of lipid nanoparticles for delivery. Intellia has gained attention for its promising early clinical data in treating ATTR amyloidosis, setting a competitive stage with Editas. While Editas has a strong focus on ocular diseases, Intellia’s broader approach to diseases and established clinical momentum give it an edge in the expanding gene editing therapeutics market.

Regeneron Pharmaceuticals, Inc. REGN -1.37%

Regeneron Pharmaceuticals has a broader portfolio that includes various biotechnology products and a strong presence in ophthalmology, which directly overlaps with some of Editas Medicine’s own targeted therapeutic areas. The company's research initiatives and established market position in monoclonal antibodies particularly for eye diseases, notably EYLEA and the recent inclusion of gene therapies, provide Regeneron with a significant advantage in commercialization capabilities. While both companies may venture into similar territory, Regeneron’s expansive capabilities in drug development and marketing grant it a notable competitive edge.

Sangamo Therapeutics, Inc. SGMO -9.86%

Sangamo Therapeutics utilizes zinc finger protein technology for gene editing and has been investing heavily in gene therapies targeting blood disorders and central nervous system conditions. While sharing the gene-editing market with Editas Medicine, Sangamo’s focus lies in creating specific therapeutic options through its unique proprietary methods. Moreover, Sangamo has entered joint ventures in gene therapy with significant industry players like Biogen, giving it a strategic edge in the development process. Thus, Sangamo's resource allocation towards diverse gene therapies may present considerable competition to Editas, even though Editas leads in CRISPR applications.