Catabasis Pharmaceuticals, Inc. (CATB) Stock
Catabasis Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical firm dedicated to discovering, developing, and commercializing therapeutic treatments primarily within the United States.
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About Catabasis Pharmaceuticals, Inc.
Catabasis Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical firm dedicated to discovering, developing, and commercializing therapeutic treatments primarily within the United States. Their leading experimental drug, edasalonexent, is an oral small molecule undergoing Phase III clinical trials for Duchenne Muscular Dystrophy (DMD), functioning by inhibiting nuclear factor kappa-light-chain-enhancer of activated B cells. Additionally, the company is developing CAT-5571 as a potential treatment for cystic fibrosis. Catabasis also engages in collaborative research, including a preclinical partnership with the Jain Foundation to investigate edasalonexent for dysferlinopathy, and an agreement with the Bill & Melinda Gates Medical Research Institute to study CAT-5571 for both drug-sensitive and drug-resistant tuberculosis. The company was established in 2008 and is based in Boston, Massachusetts.
Catabasis Pharmaceuticals, Inc. is headquartered in US.
Catabasis Pharmaceuticals, Inc. (CATB) stock trades at $8.54 with a market capitalization of $234.86M. The stock is valued at a price-to-earnings (P/E) ratio of -5.02, price-to-book of 0.74, price-to-sales of 332.66. Over the past 52 weeks the stock has ranged between $1.25 and $10.26, and currently trades 16.8% below its 52-week high.
On profitability, Catabasis Pharmaceuticals, Inc. generates a return on equity (ROE) of -37.70%, return on capital employed of -43.05%.
Official website: www.catabasis.com