3 Green Flags for CRISPR Therapeutics' Future
Despite its high-tech approach to treating hereditary diseases and cancers, the gene therapy biotech CRISPR Therapeutics (NASDAQ: CRSP) had a brutal 2021, with two-thirds of its market capitalization shaved off over the last 12 months. There's no way to sugarcoat it: The market is second-guessing whether the company can bring its portfolio of early-stage medicines through the approval process to reach commercialization.
In my view, this skepticism is healthy, and investors should consider CRISPR to be a risky purchase under the best of conditions, as it's a pioneering business in an especially challenging and much-hyped niche. But I'm still optimistic about CRISPR's potential. In particular, there are three green flags that investors should know about that dramatically increase its chances of future success.
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Source Fool.com