Where Will CRISPR Therapeutics Be in 5 Years?
Five years from now, CRISPR Therapeutics (NASDAQ: CRSP) may well be a household name as a result of awe-inspiring early results from its in vivo therapies. Today, CRISPR is already remarkable for a biotech, with $289 million in trailing-12-month revenue from collaborations and a profit margin of 16% despite having no products with regulatory approval for sale. And with nearly $890 million in cash, it's also in the unusual position of being under no pressure to get a product out the door.
So, given that there are no major financial obstacles that might prevent the company from proceeding with its pipeline projects, in five years CRISPR will probably be flourishing, if its development programs start to come to fruition. But chances are good that it still won't have any products on the market.
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Source Fool.com
