Acquired Company
AVROBIO acquired Tectonic Therapeutic in an all-stock merger completed June 20, 2024, with the combined company operating as Tectonic Therapeutic, Inc. and trading on Nasdaq under the ticker TECX.
Tectonic Therapeutic, Inc. is a biopharmaceutical company headquartered in Watertown, Massachusetts, dedicated to the innovative development of antibody-based therapies targeting G-protein-coupled receptors (GPCRs), essential components in numerous disease pathways. The company is committed to addressing significant unmet medical needs by providing new treatment alternatives for patients unresponsive to current therapies. With a robust and diverse pipeline of biologics under development, Tectonic is strategically positioned to lead advancements in drug development and contribute meaningfully to the therapeutic landscape. Show more
Location: 490 ARSENAL WAY, WATERTOWN, MA, UNITED STATES, 02472, Watertown, MA, 02472, USA | Website: https://tectonictx.com | Industry: BIOTECHNOLOGY | Sector: HEALTHCARE
Market Cap
374.1M
52 Wk Range
$13.70 - $50.63
Previous Close
$19.99
Open
$19.96
Volume
427,455
Day Range
$19.96 - $23.12
Enterprise Value
106.9M
Cash
268.4M
Avg Qtr Burn
-17.82M
Insider Ownership
38.38%
Institutional Own.
69.59%
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 |
