Catalysts Ahead | Upcoming ASCO presentation and Novo Nordisk's trial results could significantly impact Corbus's stock, potentially driving a 40% increase with positive outcomes |
Analyst Optimism | Wall Street sets bullish price targets, with RBC Capital Markets at $82 and Wedbush Securities at $85, reflecting confidence in Corbus's growth potential |
Financial Fortitude | With a market cap of $609M and cash reserves of $120.1M, Corbus is well-positioned to fund operations and advance clinical programs for at least 12 months |
Pipeline Promise | Corbus Pharmaceuticals' focus on novel cancer and obesity therapeutics showcases potential in rapidly expanding markets, with key assets CRB-701 and CRB-913 leading the charge |
Corbus Pharmaceuticals Holdings, Inc., a biopharmaceutical company, develops products to defeat serious illness. It develops CRB-701, an antibody drug conjugate (ADC) that targets the expression of Nectin-4 on cancer cells to release a cytotoxic payload of monomethyl auristatin E (MMAE), which is in Phase I clinical trial; CRB-601, an anti-integrin monoclonal antibody that blocks the activation of TGFß expressed on cancer cells for the treatment of solid tumors; CRB-913, a peripherally restricted cannabinoid type-1 (CB1) receptor inverse agonist for the treatment of obesity. It has a licensing agreement with Jenrin Discovery, LLC to develop and commercialize the licensed products, including the Jenrin library of approximately 600 compounds, and multiple issued and pending patent filings. The company was incorporated in 2009 and is based in Norwood, Massachusetts.
Metrics to compare | CRBP | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipCRBPPeersSector | |
---|---|---|---|---|
P/E Ratio | −6.3x | −2.6x | −0.6x | |
PEG Ratio | −0.12 | 0.09 | 0.00 | |
Price / Book | 1.8x | 1.5x | 2.6x | |
Price / LTM Sales | - | 30.4x | 3.2x | |
Upside (Analyst Target) | 259.1% | 211.5% | 48.5% | |
Fair Value Upside | Unlock | 11.3% | 7.8% | Unlock |