GeneTether Therapeutics Inc. (C:GTTX)
Business Focus: Biotechnology & Medical Research (NEC)
| Sector: Healthcare | Industry: Biotechnology & Medical Research |
| Company Contact | |
| Address: | c/o Pushor Mitchell LLP 301-1665 Ellis Street KELOWNA BC V1Y 2B3 |
| Tel: | N/A |
| Website: | https://genetether.com |
| IR: | See website |
| Key People | ||
| Daren Graham Chairman of the Board | Roland Boivin Chief Executive Officer, Director | William James Garner Co-Founder, Executive Director | Jean Jen Chief Financial Officer, Corporate Secretary |
| Business Overview |
| GeneTether Therapeutics Inc. is a Canada-based genetic medicines company focused on creating gene editing therapies based on its proprietary GeneTether platform. The Company's platform technology uses a proprietary method to tether donor deoxyribonucleic acid (DNA) templates to the genome editing complex, making the template readily available for use during the genome editing repair stage. By positioning a donor DNA template directly at the site of a double strand break, the Company's GeneTether platform drives the DNA repair process towards homology-directed repair (HDR), a cellular repair mechanism that incorporates the genetic information of a DNA template. It is building a discovery pipeline focused on the treatment of rare, monogenic diseases of the kidney and the skin. The Company's GeneTether platform may also allow for high fidelity engineering of cells to permanently deliver the therapeutic proteins necessary to treat certain genetic diseases. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, GeneTether Therapeutics Inc revenues was not reported. Net loss decreased 60% to $688K. Lower net loss reflects Stock-based Compensation in SGA decrease of 76% to $113K (expense), General and administrative - Balancing decrease of 39% to $438K (expense), Research and Development Exp decrease of 65% to $132K (expense). |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | N/A |
| Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
| EBITDA (TTM): | -$1.03M as of Dec 31, 2023 |
| Net annual income (TTM): | -$0.95M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$0.64M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 38,744,674 as of Dec 31, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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