Thursday, January 9, 2014

Sangamo Biosciences (SGMO)

CAMBRIDGE, Mass. and RICHMOND, Calif., Jan. 9, 2014 /PRNewswire/ -- Biogen Idec (NASDAQ:BIIB) and Sangamo BioSciences, Inc. (NASDAQ: SGMO) announced today an exclusive worldwide collaboration and license agreement focused on the development of therapeutics for hemoglobinopathies, inherited conditions that result from the abnormal structure or underproduction of hemoglobin. The agreement will enable Biogen Idec to further enhance its expertise in non-malignant hematology by leveraging Sangamo's proprietary genome-editing technology platform to develop treatments targeting sickle cell disease (SCD) and beta-thalassemia.

Description

Sangamo BioSciences, Inc. is a clinical stage biopharmaceutical company. The Company is engaged in the research, development and commercialization of zinc finger deoxyribonucleic acid (DNA)-binding proteins (ZFPs), a naturally occurring class of proteins. ZFPs can be engineered to make ZFP nucleases (ZFNs), proteins that can be used to modify DNA sequences in a variety of ways and ZFP transcription factors (ZFP TFs), proteins that can be used to turn genes on or off. The main focus for its Company is the development of human therapeutics and it is building a pipeline of ZFP Therapeutics. Its lead ZFP Therapeutic, SB-728-T, a ZFN-modified autologous T-cell product for the treatment of human immunodeficiency virus (HIV)/acquired immune deficiency syndrome (AIDS), is the first therapeutic application of its ZFN technology and is being evaluated in an ongoing Phase 11 and two Phase I/II clinical trials. In October 2013, Sangamo BioSciences Inc acquired Ceregene Inc.

Address

Point Richmond Tech Center II 501 Canal Blvd
RICHMOND, CA 94804
United States

Key stats and ratios

Q3 (Sep '13)2012
Net profit margin-107.67%-102.81%
Operating margin-107.92%-102.51%
EBITD margin--99.46%
Return on average assets-22.97%-26.21%
Return on average equity-26.57%-30.70%
Employees81
** daily **

** monthly **

** daily heikin **

No comments:

Post a Comment