Beam Therapeutics

Company Snapshot

Founded: 2017
Entity Type: Public
Employees: 483
Region: U.S.
Revenue: $63.5 Millions
Revenue Year: 2024
Headquarter: Massachusetts, U.S.
Key Geographics: U.S.
Corporate Address: 238 Main Street Cambridge, Massachusetts 02142 U.S. Tel. +1-857-327-8775 www.beamtx.com

Company Overview

Beam Therapeutics is a biotechnology company dedicated to creating the leading, fully integrated platform for precision genetic medicines. The company has developed a platform with a suite of gene editing and delivery technologies and internal manufacturing capabilities.

Beam Therapeutics’ gene editing technologies are centered around their proprietary base editing technology, which offers a unique class of precision genetic medicines that target a single base in the genome without causing a double-stranded break in the DNA. This method utilizes a chemical reaction to create precise, predictable, and efficient genetic outcomes at the desired sequence. Their proprietary base editors consist of two main components: (i) a CRISPR protein bound to a guide RNA that targets DNA without causing a double-stranded break, and (ii) a base editing enzyme, such as a deaminase, which performs the desired chemical modification of the target DNA base. The company is also exploring various delivery methods tailored to tissue types, including ex vivo and in vivo approaches.

Financial Highlights (FY 2024)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Beam Therapeutics In Reports

Genome Editing: Technologies and Global Markets

BCC Research Market Analyst says global market for genome editing is expected to grow from $10.8 billion in 2025 and is projected to reach $23.7 billion by the end of 2030

CRISPR Technology: Global Markets

BCC Research Market Analyst says global market for CRISPR technology was valued at $3.4 billion in 2023 & is expected to grow from $3.8 billion in 2024 to $7.5 billion by the end of 2029.

Gene Editing Therapeutics Market

BCC Research Market Analyst says gene editing therapeutics market is estimated to be $11 million in 2024 and is forecasted to grow at a CAGR of 147% to reach a value of $1.0 billion by end of 2029.

Company's Business Segments

  • License and Collaboration Agreements : License and collaboration represents revenue recorded under the Lilly, Pfizer, Apellis, Orbital and Verve Agreements

Applications/End User Industries

  • Gene Therapy
  • Precision Medicines
  • Hematology
  • Lipid Nanoparticles
  • Immunology
  • Nanoparticles Formulation
  • Virology
  • Cell Therapy
  • Vector Production
  • CRISPR
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