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Stock impact report

IPO Update: Precision BioSciences Readies Plan For IPO [Seeking Alpha]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Seeking Alpha
IPO Update: Precision BioSciences Readies Plan For IPO Summary Precision BioSciences intends to raise $126.4 million in an IPO of its common stock. The firm is developing a gene editing platform for disease treatments, research, and crop modification applications. DTIL's IPO has no investor support and is richly priced. Quick Take Precision BioSciences ( registration statement The company has created an advanced gene-editing platform for a variety of disease conditions and crop modification purposes. DTIL has promising technology, but the IPO has no investor support and is richly valued. Company & Technology Durham, North Carolina-based Precision was founded in 2006 to develop what it calls its ARCUS gene-editing platform. Management is headed by co-founder and CEO Matthew Kane, who has an educational background in biomedical engineering and was previously with Suros Surgical Systems. Below is a brief overview video of the firm’s approach: Source: Precision’s lead candidate for the tr Show less Read more
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