TECX
NASDAQ
Biotechnology
$31.99
USD
+$0.96 (+3.09%)
Last close
Market Cap:
$585.70M
Volume:
307.2K
Previous Close
$31.03
Day Range
$30.23 - $32.11
52 Week Range
$14.39 - $36.03
Average Volume (10 Days)
110K
P/E Ratio
0.00
Dividend Yield
0.00%
Tectonic Therapeutic, Inc. is a clinical-stage biotechnology company, which engages in the discovery and development of therapeutic proteins and antibodies that modulate the activity of G protein-coupled receptors (GPCR). The company is headquartered in Watertown, Massachusetts and currently employs 60 full-time employees. The company went IPO on 2018-06-21. The firm is focused on the discovery and development of therapeutic proteins and antibodies that modulate the activity of G-protein coupled receptors (GPCRs). Its technology platform called GEODe (GPCRs Engineered for Optimal Discovery), is focused on developing biologic medicines that overcome the existing challenges of GPCR-targeted drug discovery and harness the human body to modify the course of disease. Its product candidates are TX45, a Fc-relaxin fusion molecule that activates the RXFP1 receptor, the GPCR target of the hormone relaxin. Its second development candidate, TX2100, is a VHH-Fc fusion antagonist antibody that binds to the APJ receptor (APLNR), also known as the apelin receptor. Its APJ is a differentiated approach for the treatment of hereditary hemorrhagic telangiectasia (HHT) and is a selective anti-angiogenic target that is primarily expressed in endothelial cells.
CEO
Dr. Alise Reicin
Headquaters
Watertown, MASSACHUSETTS, US
Founded
2018
Employees
60
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