Editas Medicine

Editas Medicine

Develops gene editing treatments using CRISPR

About Editas Medicine

Simplify's Rating
Why Editas Medicine is rated
B-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated D+ on Differentiation

Industries

Biotechnology

Company Size

201-500

Company Stage

IPO

Headquarters

Cambridge, Massachusetts

Founded

2013

Overview

Editas Medicine focuses on gene editing using CRISPR technology, which allows for precise modifications to DNA in cells. This technique has the potential to correct genetic defects that lead to various diseases. The company is engaged in the entire process of drug development, from discovering new treatments to manufacturing and bringing them to market. Editas Medicine aims to create effective and lasting therapies that can enhance the quality of life for patients suffering from serious health conditions. Unlike many competitors, Editas Medicine has a diverse pipeline of experimental medicines and actively shares clinical data to keep stakeholders informed. Their goal is to provide transformative treatments for patients worldwide.

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Significant Headcount Growth
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Simplify's Take

What believers are saying

  • In-vivo gene editing shows promise in treating blood-forming stem cells and liver diseases.
  • $50+ million financing supports strategic pivot towards innovative gene editing projects.
  • Collaboration with Genevant accelerates development of novel gene editing treatments.

What critics are saying

  • Executive turnover may affect financial strategy and investor confidence.
  • 65% workforce reduction could delay development timelines and impact morale.
  • Failure to secure sickle cell partner indicates challenges in collaboration and market positioning.

What makes Editas Medicine unique

  • Editas Medicine focuses on in-vivo gene editing for stem cells and liver diseases.
  • The company leverages CRISPR technology for precise DNA editing in therapeutic development.
  • Editas collaborates with Genevant Sciences to enhance mRNA-LNP gene editing therapeutics.

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Funding

Total Funding

$1146M

Above

Industry Average

Funded Over

5 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Tuition Reimbursement

401(k) Retirement Plan

401(k) Company Match

Employee Stock Purchase Plan

Employee Assistance Plan

Wellness Program

Unlimited Paid Time Off

Growth & Insights and Company News

Headcount

6 month growth

↑ 7%

1 year growth

↑ 12%

2 year growth

↑ 8%
BioSpace
Mar 28th, 2025
Editas Medicine Announces Chief Financial Officer Transition

Amy Parsion Senior Vice President of Finance Amy Parison Appointed CFOErick J. Lucera to Step Down as CFO to pursue another opportunitySenior Vice President of Finance Amy Parison Appointed CFOCAMBRIDGE, Mass., March 20, 2025 (GLOBE NEWSWIRE) -- Editas Medicine, Inc. (Nasdaq: EDIT), a pioneering gene editing company, today announced Chief Financial Officer Erick J. Lucera is stepping down to pursue an external opportunity, effective March 28, 2025. Current Senior Vice President of Finance Amy Parison will succeed Mr. Lucera as Chief Financial Officer.“We are thrilled to promote Amy to the executive leadership team as our new CFO

BioSpace
Mar 21st, 2025
Dyne Therapeutics Announces Appointment Of Erick J. Lucera As Chief Financial Officer

Erick J. Lucera Erick J. Lucera, Chief Financial Officer (CFO) of Dyne Therapeutics- Proven financial leader brings decades of experience in capital allocation, business development and shareholder value creation -WALTHAM, Mass., March 20, 2025 (GLOBE NEWSWIRE) -- Dyne Therapeutics, Inc. (Nasdaq: DYN), a clinical-stage company focused on advancing life-transforming therapeutics for people living with genetically driven neuromuscular diseases, today announced the appointment of Erick J. Lucera, as chief financial officer (CFO) of Dyne, effective March 31, 2025. Mr

Investing.com
Mar 20th, 2025
Editas Medicine appoints new CFO amid executive reshuffle

Following Lucera's departure, Editas has appointed Amy Parison, the current Senior Vice President of Finance, as the new Senior Vice President, Chief Financial Officer, and Treasurer.

Stock Titan
Feb 24th, 2025
Editas Medicine to Announce Fourth Quarter/Full Year 2024 Financial Results and to Participate in Investor Conferences in March

Editas Medicine (NASDAQ: EDIT) has announced it will release its Q4 and Full Year 2024 financial results and business updates on March 5, 2025, through a press release and SEC filings.

The Economic Times
Dec 14th, 2024
Editas Medicine to reduce about 65% of its workforce over the next six months

Editas is shifting focus to developing in-vivo treatments that edit stem cells inside the human body after recent pre-clinical data showed promise in blood-forming stem cells and the liver, and plans to share data and development timelines in the first quarter of 2025.

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