Black Diamond Therapeutics Inc (BDTX) Sector
Health Care

(Current) $3.29
-0.11 (-3.24%) Open Price: 3.40

 

Black Diamond Therapeutics Inc. is a cutting-edge biotechnology company that specializes in developing precision medicines for patients with genetically driven cancers. Founded in 2014 and headquartered in Cambridge, Massachusetts, the company is driven by its mission to address the unique needs of patients whose cancers are caused by specific genetic mutations.

 

Central to Black Diamond Therapeutics' approach is its proprietary platform, known as the MasterKey® platform. This innovative technology allows the company to identify and target allosteric mutations, which are genetic alterations that affect the function of proteins. By targeting these mutations, Black Diamond aims to develop therapies that can specifically and effectively inhibit the growth of cancer cells.

 

The company's pipeline of investigational therapies includes potential treatments for various cancers driven by specific genetic mutations. Black Diamond's lead candidate, BDTX-189, targets allosteric mutations in a gene known as HER2, which is associated with certain types of solid tumors. This precision-focused approach holds promise for providing patients with therapies tailored to their individual genetic profiles.

 

Black Diamond Therapeutics' collaborations with academic institutions and research organizations highlight its commitment to advancing scientific knowledge and exploring innovative approaches to cancer therapy. By partnering with experts in the field, the company aims to accelerate the development of novel treatments and expand its understanding of genetic mutations and their impact on cancer biology.

 

The company's emphasis on precision medicine aligns with the broader trend in oncology toward targeted therapies that address the underlying genetic causes of cancer. Black Diamond Therapeutics' innovative platform, dedication to collaboration, and focus on individualized treatments position it as a key player in advancing the field of precision oncology.

 



 

(10/16/24) $3.40
(10/18/24) $3.40
(10/18/24) (Qty.)848,892
(10/16/24) $3.30
(10/16/24) $3.49
(10/13/24) $3.27
(09/29/24) $4.43
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