Rocket Pharmaceuticals

Rocket Pharmaceuticals

Develops gene therapies for rare diseases

About Rocket Pharmaceuticals

Simplify's Rating
Why Rocket Pharmaceuticals is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Biotechnology

Healthcare

Company Size

201-500

Company Stage

IPO

Headquarters

Cranbury Township, New Jersey

Founded

2015

Overview

Rocket Pharmaceuticals develops gene therapies aimed at treating severe and rare inherited diseases. Their approach involves altering genes within a patient's cells to address genetic disorders, particularly those affecting the heart, liver, eye, or central nervous system. The company uses a specialized platform called AAV (Adeno-Associated Virus) to deliver corrected genes directly into patients' bodies, ensuring that the therapeutic proteins produced can effectively modify the disease. Unlike many competitors, Rocket Pharmaceuticals focuses on a patient-centric model, emphasizing trust and community support while pursuing partnerships and grants to fund their research. Their goal is to create both the first and the best gene therapies available for rare genetic conditions, ultimately improving the lives of patients and their families.

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Simplify's Take

What believers are saying

  • EMA's acceptance of RP-L102 application boosts potential market entry in Europe.
  • Positive data from lentiviral portfolio suggests strong clinical efficacy and commercialization potential.
  • Strategic location in New Jersey offers access to industry leaders and partners.

What critics are saying

  • Increased competition from New Jersey biotech companies like BioAegis Therapeutics.
  • Potential regulatory delays could impact treatment market timelines.
  • Recent stock offering may dilute shareholder value and affect investor confidence.

What makes Rocket Pharmaceuticals unique

  • Rocket Pharmaceuticals focuses on gene therapy for rare and undertreated diseases.
  • The company uses lentiviral and AAV platforms for targeted gene delivery.
  • Their patient-centric approach aims to provide life-changing treatments for genetic disorders.

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Funding

Total Funding

$726.5M

Above

Industry Average

Funded Over

3 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

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

2%

2 year growth

3%
Stock Titan
Jan 2nd, 2025
Rocket Pharmaceuticals to Participate in the 43rd Annual J.P. Morgan Healthcare Conference

Rocket Pharmaceuticals to participate in the 43rd Annual J.P. Morgan Healthcare Conference.

Stock Titan
Dec 11th, 2024
Rocket Pharmaceuticals Secures $165M Through Upsized Public Stock Offering at $12.50 Per Share

Rocket Pharmaceuticals prices upsized offering of 13.2M shares, strengthening its financial position with potential for additional shares through overallotment option.

Stock Titan
Dec 10th, 2024
Rocket Pharmaceuticals Announces Proposed Public Offering of Common Stock

Rocket Pharmaceuticals announces proposed public offering of common stock.

CityBiz
Sep 10th, 2024
Rocket Pharmaceuticals Appoints Mikael Dolsten, M.D., Ph.D., to Board of Directors

Rocket Pharmaceuticals appoints Mikael Dolsten, M.D., Ph.D., to Board of Directors.

Business Wire
Jun 28th, 2024
Rocket Pharmaceuticals Provides Regulatory Update on KRESLADI(TM) (marnetegragene autotemcel; marne-cel)

CRANBURY, N.J.-(BUSINESS WIRE)-Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT), a fully integrated, late-stage biotechnology company advancing a sustainable pipeline of genetic therapies for rare disorders with high unmet needs, today announced a regulatory update for KRESLADI(TM) (marnetegragene autotemcel; marne-cel), a lentiviral (LV) vector-based gene therapy to treat severe leukocyte adhesion deficiency-I (LAD-I).

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