Ambrx Biopharma Inc. (AMAM) Research

Ambrx Biopharma Inc. operates as a clinical-stage biotechnology company focused on the discovery and development of precisely engineered biologic medicines. The firm utilizes its unique expanded genetic code technology platform to create these advanced therapies. Leading its pipeline is ARX788, an anti-HER2 antibody-drug conjugate (ADC), which is currently undergoing evaluation in several clinical investigations. These include pivotal Phase 2/3 trials for the treatment of HER2-positive metastatic breast cancer and gastric cancer, alongside studies for other solid tumors. Additionally, Ambrx is progressing two earlier-stage drug candidates: ARX517, an anti-PSMA ADC, which is in a Phase 1 clinical trial for prostate cancer and other solid tumor indications; and ARX305, an anti-CD70 ADC, currently in investigational new drug (IND)-enabling studies for potential applications in renal cell carcinoma and other cancers. The company's portfolio also encompasses multiple immuno-oncology programs. Among these are ARX822, a fab-small molecule bispecific therapeutic in preclinical development for various cancers, and ARX102, an immuno-oncology IL-2 pathway agonist intended to stimulate the patient's immune system by targeting beta and gamma receptors on cytotoxic T cells. Founded in 2003 and headquartered in La Jolla, California, Ambrx Biopharma Inc. has established significant collaborations with various pharmaceutical partners, including Bristol Myers Squibb Company, AbbVie Inc., BeiGene, Sino Biopharmaceutical Co., Ltd., NovoCodex, and Elanco Animal Health.

Market snapshot

Symbol
AMAM
Price
$28.00
Day change
+0.07%
Market cap
$1.8B
P/E ratio
-13.86x
52-week range
6.55-28.15
Sector
Healthcare
Industry
Biotechnology

Peer companies

  • Biotest AG (BIESF)
  • BELLUS Health Inc. (BLU)
  • DICE Therapeutics, Inc. (DICE)
  • EQRx, Inc. (EQRX)
  • Fusion Pharmaceuticals Inc. (FUSN)
  • Kadmon Holdings, Inc. (KDMN)
  • Niagen Bioscience Inc (NAGE)
  • POINT Biopharma Global Inc. (PNT)

Recent insider activity

  • O'Connor Daniel J. — A-Award (750000 shares) on 2023-12-11
  • O'Connor Daniel J. — S-Sale (50012 shares) on 2023-10-27
  • Cormorant Asset Management, LP — P-Purchase (1307311 shares) on 2023-10-23
  • Cormorant Asset Management, LP — P-Purchase (751233 shares) on 2023-09-18
  • Cormorant Asset Management, LP — P-Purchase (1401505 shares) on 2023-09-15

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