Acquired Company
AVROBIO completed the merger with Tectonic Therapeutic, Inc. on June 20, 2024, and the combined company began trading as TECX on Nasdaq.
Tectonic Therapeutic, Inc., a biotechnology company, focuses on the discovery and development of therapeutic proteins and antibodies to modulate the activity of G protein-coupled receptors (GPCRs). It develops GEODe technology platform to enable the discovery and development of GPCR-targeted biologic medicines. The company's lead product is TX45, a Fc-relaxin fusion molecule that activates the RXFP1 receptor, the GPCR target of the hormone, and relaxin. It is also developing TX2100 for the treatment of hereditary hemorrhagic telangiectasia; GPCR modulator bispecific for treating fibrosis; and other GPCR modulators. The company is headquartered in Watertown, Massachusetts. Show more
490 Arsenal Way, Watertown, MA, 02472, United States
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Market Cap
396.6M
52 Wk Range
$13.70 - $30.58
Previous Close
$21.37
Open
$21.04
Volume
166,365
Day Range
$21.00 - $21.93
Enterprise Value
-78.05K
Cash
268.4M
Avg Qtr Burn
-17.82M
Insider Ownership
38.47%
Institutional Own.
74.34%
Qtr Updated
09/30/25
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| Drug & Indication | Stage & Event | Catalyst Date |
|---|---|---|
TX45 Details Pulmonary hypertension in Heart failure with preserved Ejection Fraction (PH-HFpEF) | Phase 1b Data readout | |
TX45 Details Pulmonary hypertension in Heart failure with preserved Ejection Fraction (PH-HFpEF) | Phase 1b Data readout | |
TX45 Details Pulmonary Hypertension (PH) associated with Interstitial Lung Disease (ILD) | Phase 1 Initiation | |
TX2100 Details Hereditary Hemorrhagic Telangiectasia (HHT) | Phase 1 Initiation |
