Is CRISPR Therapeutics a Good Biotech Stock to Buy Now?
Shares of CRISPR Therapeutics (NASDAQ: CRSP) recently dipped after the company reported positive clinical-trial results that were positive, but perhaps not positive enough to outrun the competition. Does this biotech's recent dip make it a good stock to buy at the moment? To find out, let's weigh reasons to buy now against reasons to exercise caution.
CRISPR Therapeutics recently turned some heads with an interim look at a clinical trial with non-Hodgkin lymphoma patients and CTX110, an experimental therapy that's actually an infusion of immune cells engineered to recognize CD19, a protein often found on the surface of cancer cells.
Cellular therapies that use CD19-targeting chimeric antigen modified T-cells (CAR-T) already exist, but they're not as popular as they could be because a new batch must be manufactured from a patient's own cells. Instead of waiting weeks for a complicated process, treatment with CTX110 can begin as soon as patients and their oncologists decide to try it.
Source Fool.com
