Ambrx Biopharma Inc., a clinical-stage biologics company, discovers and develops engineered precision biologics using its proprietary expanded genetic code technology platform. Its lead product candidate is ARX788, an anti-HER2 antibody-drug conjugate (ADC), which is investigated in various clinical trials for the treatment of breast cancer, gastric/gastroesophageal junction cancer, and other solid tumors, including ongoing Phase 2/3 clinical trials for the treatment of HER2-positive metastatic breast cancer and gastric cancer. The company is also developing two earlier-stage product candidates, including ARX517, an anti-PSMA ADC, which is in a Phase 1 clinical trial for the treatment of prostate cancer and other solid tumors; and ARX305, an anti-CD70 ADC in investigational new drug-enabling studies for the treatment of renal cell carcinoma and other cancers. In addition, it is developing other multiple product candidates targeting immuno-oncology applications, which include ARX822, a fab-small molecule bispecific that is in preclinical development for cancers; and ARX102, an immuno-oncology IL-2 pathway agonist to stimulate the patient's own immune system by targeting the ß and gamma receptors on the cytotoxic T cell. Ambrx Biopharma Inc. has collaborations with Bristol Myers Squibb Company; AbbVie Inc.; BeiGene; Sino Biopharmaceutical Co., Ltd.; NovoCodex; and Elanco Animal Health. The company was incorporated in 2003 and is headquartered in La Jolla, California.
IPO Year:
Exchange: NYSE
Website: https://ambrx.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
9/25/2023 | $15.00 | Mkt Outperform | JMP Securities |
9/12/2023 | $26.00 | Buy | BTIG Research |
7/31/2023 | $29.00 | Outperform | RBC Capital Mkts |
6/14/2023 | $26.00 | Buy | B. Riley Securities |
6/2/2023 | $30.00 | Outperform | Oppenheimer |
5/19/2023 | $25.00 | Overweight | Cantor Fitzgerald |
4/7/2022 | $16.00 | Outperform | Robert W. Baird |
2/28/2022 | $6.00 | Neutral | Goldman Sachs |