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NTLA

Intellia Therapeutics

$15.53

-0.22 (-1.40%)

16:16
12/01/16
12/01
16:16
12/01/16
16:16

Intellia Therapeutics opens new headquarters, continues to advance CRISPR/Cas9

Intellia Therapeutics announced the move to its new laboratory facilities at 40 Erie Street, in Cambridge. In recognition of Intellia's leadership in genome editing, Intellia CEO and Founder Nessan Bermingham, Ph.D., President and CEO of the Massachusetts Life Sciences Center Travis McCready, and President and CEO of MassBio Bob Coughlin, will inaugurate the new facility today at an evening ribbon cutting ceremony. "The field of genome editing is rapidly evolving and our work to develop therapies for patients requires that we have the infrastructure necessary for R&D growth and prepare for preclinical studies and clinical trials," said Nessan Bermingham, Ph.D., Chief Executive Officer and Founder, Intellia Therapeutics. "To reach our goals, we continue to recruit top talent and ensure our quality workforce has the appropriate facilities and tools necessary to translate CRISPR/Cas9 into life-transforming products." "This new facility allows Intellia to further advance our scientific programs and to continue to leverage our Massachusetts location alongside leading biotech research and academic institutions," Dr. Bermingham added.

NTLA Intellia Therapeutics
$15.53

-0.22 (-1.40%)

08/05/16
JEFF
08/05/16
UPGRADE
Target $33
JEFF
Buy
Intellia Therapeutics upgraded to Buy from Hold at Jefferies
Jefferies analyst Gena Wang upgraded Intellia Therapeutics to Buy following the company's Q2 results. The company has "transformative" gene-editing technology and has enough cash to support operation through 2020, Wang tells investors in a post-earnings research note. The analyst keeps a $33 price target for the shares.
08/05/16
LEER
08/05/16
UPGRADE
Target $32
LEER
Outperform
Intellia Therapeutics upgraded to Outperform from Market Perform at Leerink
Leerink analyst Michael Schmidt upgraded Intellia Therapeutics to Outperform from Market Perform on valuation. The analyst believes the stock's current valuation represents an attractive entry point to own "one of the most exciting" technology platforms Biotech has to offer. Schmidt says Intellia Therapeutics is a leader in the development of CRISPR/Cas9-based genome editing therapeutics, and believes its platform has disruptive potential that could expand the potential of existing genome therapeutics. He has a $32 price target on the shares.
08/22/16
WEDB
08/22/16
NO CHANGE
WEDB
Intellia Therapeutics data positive, says Wedbush
Wedbush analyst David Nierengarten says that additional data on Intella's (NTLA) TTR program in mice was "meaningful" and indicates that the program compares favorably with competing products. The analyst says that competing programs, including those of Alnylam (ALNY) and Ionis (IONS) have shown "only a transient benefit." He reiterates a $38 price target and Outperform rating on Intella.
09/28/16
JANY
09/28/16
INITIATION
Target $29
JANY
Buy
Intellia Therapeutics initiated with a Buy at Janney Capital
Janney Capital analyst Roy Buchanan initiated Intellia Therapeutics with a Buy and a $29 fair value estimate.

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