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COGTCogent Biosciences Inc

NASDAQ · Healthcare · Biotechnology

$35.46

+$0.78 (+2.26%)

Cogent Biosciences Inc (COGT) is a biotechnology company listed on NASDAQ. It is led by Andrew R. Robbins M.B.A., based in 275 Wyman Street, Waltham, MA, United States, 02451, with about 258 employees. Cogent Biosciences, Inc., a clinical-stage biotechnology company, focuses on developing precision therapies for genetically defined diseases. Its lead product candidate includes bezuclastinib (CGT9486), a selective tyrosine kinase inhibitor in Phase 3 trial designed to target mutations within the KIT receptor tyrosine kinase, including KIT D816V mutation that drives systemic mastocytosis, as well as other mutations in KIT exon 17, which are found in patients with advanced gastrointestinal stromal tumors. The company also develops CGT4859, a reversible and selective fibroblast growth factor receptor 2 inhibitor in Phase 1 trial for patients with documented FGFR mutations, including advanced cholangiocarcinoma; CGT4255, a novel ErbB2 mutant program, which is focused on actionable and underserved mutations in a solid tumor systemic and CNS involved indications; and CGT6297, a Novel PI3Ka mutant-selective inhibitor. It has a licensing agreement with Plexxikon Inc. for the research, development, and commercialization of bezuclastinib. Cogent Biosciences, Inc. is headquartered in Waltham, Massachusetts.

Net income was -$226.4M. COGT currently screens at market cap $5.75B.

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About Cogent Biosciences Inc

Cogent Biosciences, Inc., a clinical-stage biotechnology company, focuses on developing precision therapies for genetically defined diseases. Its lead product candidate includes bezuclastinib (CGT9486), a selective tyrosine kinase inhibitor in Phase 3 trial designed to target mutations within the KIT receptor tyrosine kinase, including KIT D816V mutation that drives systemic mastocytosis, as well as other mutations in KIT exon 17, which are found in patients with advanced gastrointestinal stromal tumors. The company also develops CGT4859, a reversible and selective fibroblast growth factor receptor 2 inhibitor in Phase 1 trial for patients with documented FGFR mutations, including advanced cholangiocarcinoma; CGT4255, a novel ErbB2 mutant program, which is focused on actionable and underserved mutations in a solid tumor systemic and CNS involved indications; and CGT6297, a Novel PI3Ka mutant-selective inhibitor. It has a licensing agreement with Plexxikon Inc. for the research, development, and commercialization of bezuclastinib. Cogent Biosciences, Inc. is headquartered in Waltham, Massachusetts.

COGT Key Statistics

Market Cap

$5.75B

Volume

421,990

Previous Close

$36.23

Day Range

$36.46$37.08

0

P/B Ratio

10.60

EPS

-$1.94

Revenue

$0.00

Net Income

-$255.86M

Gross Profit

$0.00

Free Cash Flow

$0.00

Employees

258

COGT Financials

Annual income statement in USD. Latest reported periods first.

COGT annual income statement across FY2024, FY2023, FY2022, FY2021
LineFY2024FY2023FY2022FY2021
Revenue$0.00$0.00$0.00$0.00
Cost of Revenue$0.00$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00$0.00
Net Income-$255.86M-$192.41M-$140.24M-$72.27M
EPS (Diluted)-$1.94-$1.94-$1.73-$1.87

Total Assets

$327.90M

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$98.17M

Operating Cash Flow

-$207.79M

Free Cash Flow

$0.00

Cogent Biosciences Inc Company Information

President, CEO & Director
Andrew R. Robbins M.B.A.
Headquarters
275 Wyman Street, Waltham, MA, United States, 02451
Phone
617 945 5576
IPO / Founded
2018-03-29
Industry
Biotechnology
Data Updated:

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