Generation Bio Co

NASDAQ GBIO

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Generation Bio Co Market Capitalization on June 03, 2024: USD 203.58 M

Generation Bio Co Market Capitalization is USD 203.58 M on June 03, 2024, a -21.11% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.
  • Generation Bio Co 52-week high Market Capitalization is USD 455.94 M on July 12, 2023, which is 123.96% above the current Market Capitalization.
  • Generation Bio Co 52-week low Market Capitalization is USD 60.42 M on October 27, 2023, which is -70.32% below the current Market Capitalization.
  • Generation Bio Co average Market Capitalization for the last 52 weeks is USD 210.25 M.
NASDAQ: GBIO

Generation Bio Co

CEO Dr. Cameron Geoffrey McDonough M.D.
IPO Date June 12, 2020
Location United States
Headquarters 301 Binney Street, Cambridge, MA, United States, 02142
Employees 174
Sector Healthcare
Industry Biotechnology
Description

Generation Bio Co. develops non-viral genetic medicines for the treatment of rare and prevalent diseases. The company develops cell-targeted lipid nanoparticle (ctLNP) platform, a modular delivery system for nucleic acids to avoid off-target clearance by the liver and spleen that enables ctLNPs to persist in systemic circulation, which allows for highly selective and potent ligand-driven targeting to specific tissues and cell types; and novel immune-quiet DNA (iqDNA) to enable long-lasting high levels of gene expression from non-integrating episomes and avoids innate immune sensors that have long prevented DNA from use in non-viral systems. It uses its platform for developing a portfolio of programs for treating cancer, autoimmune, hematologic disorders, prioritizing sickle cell, beta-thalassemia, and hemophilia A diseases, as well as for other tissues and cell types, including retina, skeletal muscle, and central nervous system. The company was formerly known as Torus Therapeutics, Inc. and changed its name to Generation Bio Co. in November 2017. Generation Bio Co. was incorporated in 2016 and is headquartered in Cambridge, Massachusetts.

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StockViz Staff

September 16, 2024

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