Acquired Company
Selecta Biosciences acquired Cartesian Therapeutics, Inc. on November 13, 2023, and the combined company began trading under the RNAC symbol after the merger (RNAC first traded November 14, 2023).
Cartesian Therapeutics Inc. (ticker: RNAC), headquartered in Watertown, Massachusetts, is a pioneering clinical-stage biopharmaceutical company dedicated to developing nanoparticle immunomodulatory therapeutics aimed at enhancing immune responses in diverse therapeutic applications. Leveraging an innovative drug platform, the company is advancing a robust pipeline of biotherapeutics that are currently undergoing clinical evaluation, targeting critical unmet medical needs in the field of immune-mediated therapies. With a strong commitment to scientific innovation and patient-centric solutions, Cartesian Therapeutics is positioned to make a substantial impact in the biopharmaceutical sector, driving advancements that could redefine treatment paradigms. Show more
Location: 7495 NEW HORIZON WAY, FREDERICK, MD, UNITED STATES, 21703, Frederick, MD, 21703, USA | Website: https://www.cartesiantherapeutics.com | Industry: BIOTECHNOLOGY | Sector: HEALTHCARE
Market Cap
177.6M
52 Wk Range
$5.98 - $20.00
Previous Close
$6.83
Open
$6.88
Volume
71,014
Day Range
$6.76 - $7.04
Enterprise Value
46.82M
Cash
143.4M
Avg Qtr Burn
-15.6M
Insider Ownership
60.90%
Institutional Own.
24.12%
Qtr Updated
09/30/25
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| Drug & Indication | Stage & Event | Catalyst Date |
|---|---|---|
SEL-212 (Pegadricase) Details Chronic refractory gout, Arthritis | BLA Submission | |
Descartes-08 Details Myasthenia gravis | Phase 3 Data readout | |
Descartes-08 Details Myositis | Phase 2 Initiation | |
Descartes-08 Details Juvenile dermatomyositis, Juvenile systemic lupus erythematosus (SLE), Juvenile Myasthenia gravis (MG), Anti-neutrophil cytoplasmic antibody associated vasculitis | Phase 2 Initiation | |
Descartes-15 Details Multiple myeloma | Phase 1 Data readout | |
SEL-302 (MMA-101 + ImmTOR) Details Genetic disorder, Methylmalonic acidemia | Failed Discontinued | |
Descartes-08 Details Systemic lupus erythematosus | Failed Discontinued |
