Tectonic Therapeutic, Inc. logo

TECXTectonic Therapeutic, Inc.

NASDAQ · Healthcare · Biotechnology

$30.39

-$0.82 (-2.64%)

Tectonic Therapeutic, Inc. (TECX) is a biotechnology company listed on NASDAQ. It is led by Alise S. Reicin M.D., Ph.D., based in 490 Arsenal Way, Watertown, MA, United States, 02472, with about 60 employees. Tectonic Therapeutic, Inc., a biotechnology company, focuses on the discovery and development of therapeutic proteins and antibodies to modulate the activity of G protein coupled receptors (GPCRs). It develops GEODe technology platform to enable the discovery and development of GPCR-targeted biologic medicines. The company's lead product is TX45, a Fc-relaxin fusion molecule that activates the RXFP1 receptor, the GPCR target of the hormone, and relaxin. It is also developing TX2100 for the treatment of hereditary hemorrhagic telangiectasia; GPCR modulator bispecific for treating fibrosis; and other GPCR modulators. The company is headquartered in Watertown, Massachusetts.

Net income was -$54.9M. TECX currently screens at market cap $567.2M.

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About Tectonic Therapeutic, Inc.

Tectonic Therapeutic, Inc., a biotechnology company, focuses on the discovery and development of therapeutic proteins and antibodies to modulate the activity of G protein coupled receptors (GPCRs). It develops GEODe technology platform to enable the discovery and development of GPCR-targeted biologic medicines. The company's lead product is TX45, a Fc-relaxin fusion molecule that activates the RXFP1 receptor, the GPCR target of the hormone, and relaxin. It is also developing TX2100 for the treatment of hereditary hemorrhagic telangiectasia; GPCR modulator bispecific for treating fibrosis; and other GPCR modulators. The company is headquartered in Watertown, Massachusetts.

TECX Key Statistics

Market Cap

$567.21M

Volume

145,070

Previous Close

$37.71

Day Range

$35.76$38.85

0

P/B Ratio

2.46

EPS

-$6.83

Revenue

$0.00

Net Income

-$57.98M

Gross Profit

$0.00

Free Cash Flow

$0.00

Employees

60

TECX Financials

Annual income statement in USD. Latest reported periods first.

TECX 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-$57.98M-$42.82M-$105.89M-$119.13M
EPS (Diluted)-$6.83-$33.76-$2.42-$2.78

Total Assets

$152.91M

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$141.24M

Operating Cash Flow

-$59.08M

Free Cash Flow

$0.00

Tectonic Therapeutic, Inc. Company Information

President, CEO, Secretary & Director
Alise S. Reicin M.D., Ph.D.
Headquarters
490 Arsenal Way, Watertown, MA, United States, 02472
Phone
339 666 3320
IPO / Founded
2018-06-21
Industry
Biotechnology
Data Updated:

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