Editas Medicine, Inc., a clinical stage genome editing company, focuses on developing transformative genomic medicines to treat a range of serious diseases. It develops a proprietary gene editing platform based on CRISPR technology. The company develops EDIT-101, which is in Phase 1/2 clinical trial for Leber Congenital Amaurosis 10 that leads to inherited childhood blindness. It also develops EDIT-102 for the treatment of Usher Syndrome 2A, which is a form of retinitis pigmentosa that also includes hearing loss; autosomal dominant retinitis pigmentosa, a progressive form of retinal degeneration; and EDIT-301 to treat sickle cell disease and transfusion-dependent beta-thalassemia. In addition, the company is developing gene-edited Natural Killer cell medicines to treat solid tumor cancers; alpha-beta T cells for multiple cancers; and gamma delta T cell therapies to treat cancer, as well as has an early discovery program to develop a therapy to treat a neurological disease. It has a research collaboration with Juno Therapeutics, Inc. to develop engineered T cells for cancer; strategic alliance and option agreement with Allergan Pharmaceuticals International Limited to discover, develop, and commercialize new gene editing medicines for a range of ocular disorders; and research collaboration with Asklepios BioPharmaceutical, Inc. to develop a therapy to treat a neurological disease, as well as research collaboration with AskBio. The company was formerly known as Gengine, Inc. and changed its name to Editas Medicine, Inc. in November 2013. Editas Medicine, Inc. was incorporated in 2013 and is based in Cambridge, Massachusetts.
Revenue of Editas Medicine, Inc. (EDIT)
Revenue in 2023 (TTM): $78.12 M
According to Editas Medicine, Inc.'s latest financial reports the company's current revenue (TTM) is $78.12 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Editas Medicine, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $78.12 M | $72.06 M | $-163,117,000 | $-153,219,000 | $-153,219,000 |
| 2022 | $19.71 M | $13.38 M | $-225,950,000 | $-220,432,000 | $-204,352,000 |
| 2021 | $25.54 M | $20.49 M | $-193,146,000 | $-192,502,000 | $-185,107,000 |
| 2020 | $90.73 M | $-67,264,000 | $-134,840,000 | $-115,976,000 | $-109,412,000 |
| 2019 | $20.53 M | $-76,367,000 | $-141,059,000 | $-133,746,000 | $-123,466,000 |
| 2018 | $31.94 M | $-58,717,000 | $-113,399,000 | $-109,954,000 | $-109,954,000 |
| 2017 | $13.73 M | $-69,431,000 | $-119,346,000 | $-120,324,000 | $-120,324,000 |
| 2016 | $6.05 M | $-50,926,000 | $-97,245,000 | $-97,183,000 | $-97,183,000 |
| 2015 | $1.63 M | $-17,217,000 | $-72,757,000 | $-72,900,000 | $-72,900,000 |
| 2014 | $ | $-5,073,000 | $-13,494,000 | $-13,685,000 | $-13,685,000 |
| 2013 | $ | $-1,590,000 | $-5,217,000 | $-5,274,000 | $-5,349,000 |