Market Capitalization (Millions $) |
11 |
Shares
Outstanding (Millions) |
37 |
Employees |
51 |
Revenues (TTM) (Millions $) |
- |
Net Income (TTM) (Millions $) |
-59 |
Cash Flow (TTM) (Millions $) |
-2 |
Capital Exp. (TTM) (Millions $) |
0 |
Frequency Therapeutics Inc
Frequency Therapeutics Inc. is a biotechnology company based in Woburn, Massachusetts, that is focused on developing novel therapies for hearing loss and communication disorders. The company was founded in 2015 by leading experts in regenerative biology and inner ear biology, including Christopher Loose, Robert Langer, and Will McLean. Frequency Therapeutics is currently at the forefront of research into regenerating sensory hair cells in the inner ear, a breakthrough that could revolutionize the treatment of hearing loss.
The company's lead product candidate, FX-322, is a proprietary combination of small molecules designed to activate progenitor cells to differentiate into hair cells in the inner ear. FX-322 is administered via an injection into the middle ear and has the potential to restore hearing loss caused by damage to the hair cells in the inner ear. The clinical trials conducted by Frequency Therapeutics have shown promising results, including improvements in natural hearing ability, increased word recognition, and improvements in speech-in-noise scores.
In addition to FX-322, Frequency Therapeutics is also developing additional therapies for hearing loss and communication disorders. These include FX-701, a drug that targets the STAT3 signaling pathway to promote the differentiation of endogenous progenitor cells into cochlear supporting cells, and a gene therapy that is currently in preclinical development to target hearing loss caused by mutations in specific genes.
Frequency Therapeutics has a strong emphasis on advancing its products through rigorous clinical trials, including randomized, double-blind, placebo-controlled studies. The company has a team of experienced professionals dedicated to researching and developing novel therapies for hearing loss and communication disorders. The company has also received significant funding from leading venture capital firms, including Polaris Partners, Morningside Venture Investments, and Longitude Capital.
Overall, with its cutting-edge technology and a strong focus on research and development, Frequency Therapeutics has the potential to make a significant impact in the field of hearing loss and communication disorders. The company is poised to transform the way these conditions are treated and improve the quality of life for millions of people around the world.
Company Address: 75 Hayden Avenue Lexington 2421 MA
Company Phone Number: 315-4600 Stock Exchange / Ticker: NASDAQ FREQ
FREQ is expected to report next financial results on March 09, 2024. |
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