Tango Therapeutics, Inc.TNGX

$27.97-4.32 (-13.38%)
NASDAQHealthcare24:00 UTC

Company snapshot

Market Cap
$4B
Mid-cap
+271%
2020 — today
10-Year Price
+126%
2020 — today
52-Week Range
$4.92$32.90
Current $27.97· 82%

Tango Therapeutics, Inc. is a biotechnology firm dedicated to the research and development of innovative cancer treatments. Their primary therapeutic candidate, TNG908, is a synthetic lethal small molecule designed to inhibit protein arginine methyltransferase 5 (PRMT5). This compound is currently being advanced as a potential therapy for cancers characterized by methylthioadenosine phosphorylase (MTAP) deletions. Additionally, their pipeline includes an Ubiquitin-specific protease 1 (USP1) inhibitor targeting BRCA1 or BRCA2-mutant cancers, and a program known as 'Target 3' which addresses STK11-mutant cancers. Tango Therapeutics maintains a strategic alliance with Gilead Sciences, Inc., focused on the identification, advancement, and commercialization of a diverse array of cancer therapies. Established in 2017, the company's operations are headquartered in Cambridge, Massachusetts.

Valuation in context

P/E ratio
-33.7
N/A
Not meaningful — company is unprofitable
P/B ratio
10.3
Historically pricey
Historically pricey — last 10 years
FCF Yield
-3.6%
Historically high
Historically high relative to the last 10 years
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