Editas Medicine

Develops gene editing treatments using CRISPR

Cambridge, Massachusetts, United States

About Editas Medicine

Editas Medicine focuses on gene editing using CRISPR technology, which allows for precise modifications to DNA in cells. This technique has the potential to correct genetic defects that lead to various diseases. The company is engaged in the entire process of drug development, from discovering new treatments to manufacturing and selling them. Editas Medicine aims to create effective and lasting therapies that can enhance the quality of life for patients suffering from serious health conditions. Unlike many competitors, Editas has a strong emphasis on developing a wide range of experimental medicines and actively shares clinical data to keep stakeholders informed. The ultimate goal of Editas Medicine is to provide transformative treatments for patients worldwide.

Cambridge, MassachusettsHeadquarters
2013Year Founded
$321MTotal Funding
IPOCompany Stage
BiotechnologyIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Tuition Reimbursement
401(k) Retirement Plan
401(k) Company Match
Employee Stock Purchase Plan
Employee Assistance Plan
Wellness Program
Unlimited Paid Time Off

Risks

65% workforce reduction may lead to operational challenges and development delays.
Pivot to in-vivo gene editing increases dependency on new research direction's success.
Reliance on external partnerships like Genevant Sciences may pose collaboration risks.

Differentiation

Editas Medicine leverages CRISPR technology for precise gene editing therapeutics.
The company focuses on in-vivo gene editing, targeting stem cells and the liver.
Editas has substantial patent filings and access to foundational genome editing technologies.

Upsides

Collaboration with Genevant Sciences could enhance targeted delivery systems for gene therapies.
$50 million financing with DRI Healthcare Trust supports pipeline advancement and in-vivo programs.
Promising EDIT-101 trial results highlight potential to address genetic blindness.