Magenta Therapeutics, Inc.

Magenta Therapeutics, Inc.

MGTA
Magenta Therapeutics, Inc.US flagNASDAQ Global Market
0.70
USD
-0.06
- -
42.44MMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Stephen F. Mahoney MBA
Full Time Employees
67
Sector
Healthcare
Industry
Biotechnology
Address
100 Technology Square Cambridge MA United States of America 02139
IPO Date
Jun 21, 2018
Business
Magenta Therapeutics, Inc. (MGTA) operates as a clinical-stage biotechnology company following its 2023 merger with Dianthus Therapeutics, Inc., through which it now focuses on developing next-generation complement inhibitors for autoimmune diseases; its lead product candidate, DNTH103 (claseprubart), is a selective active C1s monoclonal antibody in Phase 3 trials for chronic inflammatory demyelinating polyneuropathy and Phase 2 trials for generalized myasthenia gravis and multifocal motor neuropathy, with subcutaneous self-administration every two weeks, extended half-life, and high potency. The company previously developed stem cell transplant therapies including targeted conditioning agents MGTA-117 and CD45-antibody drug conjugate, and stem cell mobilizers MGTA-145 and MGTA-456, aimed at blood cancers, genetic diseases, and autoimmune disorders, but shifted strategic focus post-merger to Dianthus' pipeline. Founded in 2016 and headquartered in Cambridge, Massachusetts, Magenta Therapeutics conducts operations primarily in the United States with global clinical trial reach; it completed a reverse merger with Dianthus in September 2023, implemented a reverse stock split, and rebranded the combined entity under Dianthus Therapeutics, Inc. on Nasdaq, securing $70 million in private investment from investors including Fidelity Management & Research Company and 5AM Ventures to advance DNTH103, which recently completed enrollment in its Phase 2 MaGic trial exceeding targets with top-line data expected in September 2025.

Company News

APIChatGPT
  • Magenta Therapeutics Announces Completion of Merger with Dianthus Therapeutics and Implementation of Reverse Stock Split

  • MAGENTA THERAPEUTICS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Magenta Therapeutics, Inc. - MGTA

  • 10 Best-Performing Penny Stocks in the Health Care Sector

  • Easing Banking Fears, Rate Hike Pause Boost Markets: 5 Picks

  • MGTA Stock: 51.66% Surge Explained

  • Magenta (MGTA) Down on Pipeline Update for Leukemia Drug

  • Why The Magenta Therapeutics (MGTA) Stock Plummeted Over 50%

  • Magenta Therapeutics to Host Conference Call and Webcast on Tuesday, December 13, 2022, to Review MGTA-117 Clinical Data from Ongoing Phase 1/2 Clinical Trial

  • After Plunging 49.1% in 4 Weeks, Here's Why the Trend Might Reverse for Magenta Therapeutics, Inc. (MGTA)

  • Magenta Therapeutics Trims R&D, Cuts Workforce

  • Big Pharma Is Going Holiday Shopping. Who's Next?

  • Week 38 MDA Breakout Stocks - September 2021: Short-Term Picks To Give You An Edge

  • SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Magenta Therapeutics, Inc. - MGTA

  • SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Magenta Therapeutics, Inc. - MGTA

  • SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Magenta Therapeutics, Inc. - MGTA

  • After Plunging 21% in 4 Weeks, Here's Why the Trend Might Reverse for Magenta Therapeutics, Inc. (MGTA)

  • Magenta Therapeutics Announces Positive Preliminary Results from Phase 2 Clinical Trial of MGTA-145 in Multiple Myeloma and Provides an Update on its Anticipated Clinical Study with MGTA-117

  • Magenta Therapeutics Announces Positive Preliminary Results from Phase 2 Clinical Trial of MGTA-145 in Multiple Myeloma and Provides an Update on its Anticipated Clinical Study with MGTA-117

  • Magenta Therapeutics Presents Final Phase 1 Results of MGTA-145 Stem Cell Mobilization Clinical Trial and Preclinical Data from Targeted Conditioning Program at the European Society for Blood and Marrow Transplantation (EBMT) 2021 Annual Meeting

  • Magenta Therapeutics to Present at the Oppenheimer 31st Annual Healthcare Conference