Mustang Bio, Inc., a clinical-stage biopharmaceutical company, focuses on the acquisition, development, and commercialization of novel cancer immunotherapy products based on the chimeric antigen receptor engineered T (CAR T) cell technology. The company's CAR T product candidates include MB-101, a IL13Ra2 CAR T cell program which is in Phase I clinical study for glioblastoma; and MB-102, a CD123 CAR T cell program to treat acute myeloid leukemia and blastic plasmacytoid dendritic cell neoplasm; and MB-106, a CD20 CAR T cell program that is in Phase I clinical study for the treatment of B cell non-Hodgkin lymphoma. It also develops MB-104, a CS1 CAR T, which is in Preclinical study for multiple myeloma and light chain amyloidosisy; MB-103, a human epidermal growth factor receptor 2 CAR T that is in Preclinical study to treat glioblastoma multiforme and metastatic breast cancer to brain; and MB-105, a prostate stem-cell antigen CAR T for prostate and pancreatic cancers. The company has a partnership agreement with the City of Hope National Medical Center and Fred Hutchinson Cancer Research Center to develop proprietary CAR T therapies across various cancers. It also holds a license agreement with Harvard University; and a research collaboration agreement with Beth Israel Deaconess Medical Center for the development of CRISPR/Cas9-enhanced CAR T therapies for the treatment of cancer. The company was incorporated in 2015 and is based in New York, New York. Mustang Bio, Inc. is a subsidiary of Fortress Biotech, Inc.
Industry, Sector and Symbol
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Phone781-652-4500
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
Employees6
OptionableOptionable
Mustang Bio (NASDAQ:MBIO) Frequently Asked Questions
What is Mustang Bio's stock symbol?
Mustang Bio trades on the NASDAQ under the ticker symbol "MBIO."
How were Mustang Bio's earnings last quarter?
Mustang Bio Inc (NASDAQ:MBIO) released its quarterly earnings results on Tuesday, November, 13th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.20) by $0.08. View Mustang Bio's Earnings History.
When is Mustang Bio's next earnings date?
What price target have analysts set for MBIO?
1 brokers have issued twelve-month price targets for Mustang Bio's stock. Their predictions range from $18.00 to $18.00. On average, they expect Mustang Bio's stock price to reach $18.00 in the next twelve months. This suggests a possible upside of 328.6% from the stock's current price. View Analyst Price Targets for Mustang Bio.
What is the consensus analysts' recommendation for Mustang Bio?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mustang Bio in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mustang Bio.
Has Mustang Bio been receiving favorable news coverage?
Media stories about MBIO stock have trended neutral on Wednesday, according to InfoTrie. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Mustang Bio earned a coverage optimism score of 0.4 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the next several days.
Who are some of Mustang Bio's key competitors?
Some companies that are related to Mustang Bio include Clementia Pharmaceuticals (CMTA), Forty Seven (FTSV), Corium International (CORI), Theratechnologies (THERF), Obseva (OBSV), ZEALAND PHARMA/S (ZEAL), Odonate Therapeutics (ODT), Cytokinetics (CYTK), Aptorum Group (APM), Five Prime Therapeutics (FPRX), Innate Pharma (IPHYF), Progenics Pharmaceuticals (PGNX), Osmotica Pharmaceuticals (OSMT), Beyondspring (BYSI) and OvaScience (OVAS).
Who are Mustang Bio's key executives?
Mustang Bio's management team includes the folowing people:
- Mr. Michael S. Weiss, Exec. Chairman (Age 53)
- Dr. Manuel Litchman, Pres, CEO & Director (Age 65)
- Mr. David Jay Horin CPA, Interim Chief Financial Officer (Age 51)
- Mr. Brian K. Achenbach, VP of Fin. & Corp. Controller (Age 54)
- Dr. Knut Niss, Chief Technology Officer
Who are Mustang Bio's major shareholders?
Mustang Bio's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (3.03%), Geode Capital Management LLC (0.62%), National Asset Management Inc. (0.30%), Bank of New York Mellon Corp (0.20%), Fenimore Asset Management Inc. (0.14%) and Rhumbline Advisers (0.07%). View Institutional Ownership Trends for Mustang Bio.
Which institutional investors are buying Mustang Bio stock?
MBIO stock was bought by a variety of institutional investors in the last quarter, including Fenimore Asset Management Inc., SG Americas Securities LLC, Bank of New York Mellon Corp, National Asset Management Inc., Geode Capital Management LLC, Rhumbline Advisers and BlackRock Inc.. View Insider Buying and Selling for Mustang Bio.
How do I buy shares of Mustang Bio?
Shares of MBIO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Mustang Bio's stock price today?
One share of MBIO stock can currently be purchased for approximately $4.20.
How big of a company is Mustang Bio?
Mustang Bio has a market capitalization of $114.50 million. The company earns $-31,280,000.00 in net income (profit) each year or ($0.75) on an earnings per share basis. Mustang Bio employs 6 workers across the globe.
What is Mustang Bio's official website?
How can I contact Mustang Bio?
Mustang Bio's mailing address is 2 GANSEVOORT STREET 9TH FLOOR, NEW YORK NY, 10014. The company can be reached via phone at 781-652-4500 or via email at [email protected]
MarketBeat Community Rating for Mustang Bio (NASDAQ MBIO)
MarketBeat's community ratings are surveys of what our community members think about Mustang Bio and other stocks. Vote "Outperform" if you believe MBIO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MBIO will underperform the S&P 500 over the long term. You may vote once every thirty days.
