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-0.00122453523321829 -0.00111321384838021 -0.00155849938773239 -0.00247133474340414 -0.0038962484693309 -0.00389847489702773 -0.00679060447511966 -0.00857174663252806
Stock impact report

EDIT Stock Falls on Decision to End Reni-Cel Studies, Cut Workforce [Yahoo! Finance]

CRISPR Therapeutics AG - Common Shares (CRSP) 
Last crispr therapeutics ag - common shares earnings: 8/7 05:01 pm Check Earnings Report
US:NASDAQ Investor Relations: nasdaq.com/symbol/crsp/real-time
Company Research Source: Yahoo! Finance
strategic decision to end the development of its lead gene editing therapy, reni-cel, following the failure of an extensive search to yield a commercial partner. The company is already facing a massive cash crunch and without a partner, it is unable to sustain the development cost of reni-cel. The candidate was evaluated in a phase I/II/III RUBY study and a phase I/II EdiTHAL study for severe sickle cell disease (SCD) and transfusion-dependent beta thalassemia (TDT), respectively. Per Editas, it plans to work closely with the clinical study sites, regulators and other parties to determine the path forward for patients enrolled in the RUBY and EdiTHAL studies. The abandonment of these studies has significantly delayed the company's hopes of earning any revenues. As part of its strategic reprioritization efforts, Editas announced that it will now focus its resources on in vivo (within the living organism) pipeline development. The company aims to accelerate its intent to achieve in Show less Read more
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