First Tracks Biotherapeutics Inc

First Tracks Biotherapeutics Inc

TRAX
First Tracks Biotherapeutics IncUS flagNASDAQ Global Select
38.57
USD
+1.70
- -
1.35BMarket Cap
2023 Y
2024 Y
Revenue per Share
- -
- -
Basic EPS, GAAP
-3.05
- -
Free Cash Flow per Basic Share
-2.7
- -
Dividend per Share
- -
- -
Book Value per Share
11.82
- -
Tangible Book Value per Share
11.79
- -
Basic Weighted Avg Shares
35
- -
Sales/Revenue/Turnover
- -
- -
Operating Margin (%)
- -
- -
Depreciation Expense
2
2
Net Income, GAAP
-106
-164
Effective Tax Rate (%)
- -
- -
Profit Margin (%)
- -
- -
Working Capital
380
354
LT Debt
16
14
Total Equity
410
392
Return on Invested Capital (%)
- -
- -
Return on Capital (%)
- -
- -
Return on Common Equity (%)
- -
-40.83

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-4.45%
Free Cash Flow
- -
- -
34.49%
Net Income, GAAP
- -
- -
54.22%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
-1.36
-1.45
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Daniel R. Faga
Full Time Employees
104
Sector
Healthcare
Industry
Biotechnology
Address
10770 Wateridge Circle San Diego CA United States of America 92121
IPO Date
Apr 20, 2026
Business
First Tracks Biotherapeutics Inc, a clinical-stage biotechnology company focused on developing antibody therapeutics for autoimmune and inflammatory diseases, operates as an independent entity with its strategic activity centered on immunology drug programs and clinical development. Main Products and Services - ANB033: CD122 antagonist targeting autoimmune inflammatory pathways; currently in Phase 1b trials for celiac disease and eosinophilic esophagitis, aiming to modulate pathogenic T cell activity. - ANB101: BDCA2 modulator in early-stage development; designed to regulate plasmacytoid dendritic cell signaling to mitigate inflammatory responses; in Phase 1a exploratory studies. - Rosnilimab (formerly referenced as a lead candidate): selective pathogenic T cell depleter; advanced in clinical development for autoimmune indications such as rheumatoid arthritis, with ongoing Phase 2b evaluation. - End-to-end development services: preclinical to clinical development planning; biomarker strategy and translational research support; manufacturing process development and scale-up activities. - Regulatory and companion services: regulatory strategy planning, IND/enrollment support, and data packages for potential accelerated pathways. Latest Major Company Changes - Nasdaq listing and public debut: launches on Nasdaq with a stated cash position of approximately $180 million, establishing a two-year cash runway to advance clinical programs and operations. - Private financing: completes a private placement raising significant capital (reported as part of an up-front funding package), reinforcing liquidity for ongoing Phase 1/2 trials and future pipeline expansion. - Pipeline expansion and program initiation: announces multiple development programs (ANB033, ANB101, and Rosnilimab) across indications including celiac disease, eosinophilic esophagitis, and rheumatoid arthritis, signaling a diversified autoimmune portfolio with staged clinical milestones. - Corporate affiliation context: positioned as an independent clinical-stage entity focusing on immune modulation therapies, with public market visibility enhancing investor access and potential collaborations. - Strategic partnerships and collaborations: pursuing alliances and collaborations to accelerate clinical development, leverage external expertise, and broaden the pipeline’s reach in immunology indications. - Organizational and operational growth: expanding clinical trial activity and site networks to support multi-program development; ongoing manufacturing and process development plans aligned with advancing lead candidates. Additional Context - Industry and segments: biotechnology; immunology and autoimmunity therapeutic development; clinical-stage drug development; biopharmaceutical manufacturing and regulatory affairs support. - Target markets and customers: biotechnology and pharmaceutical partners, contract research organizations, investors, and potential pharmaceutical licensees seeking novel autoimmune therapies. - Geographic operations: headquartered in the United States with development activities and clinical trials conducted across multiple international sites; regulatory submissions and potential commercialization activities pursued globally. - Founding year and headquarters: publicly described as established in 2025 with headquarters in San Diego, California, United States. - Subsidiaries/parent relationships: positioned as an independent company within the broader biotechnology ecosystem; publicly traded under the ticker TRAX with strategic ties to general market participants and potential parent/affiliate relationships evolving as the company scales.

Company News

APIChatGPT
  • First Tracks Biotherapeutics (NASDAQ:TRAX) Receives Consensus Rating of “Moderate Buy” from Analysts

  • First Tracks Biotherapeutics Announces Participation in Upcoming Investor Conferences

  • First Tracks Biotherapeutics Announces Participation in Upcoming Investor Conferences

  • First Tracks Biotherapeutics Announces First Quarter 2026 Financial Results and Provides Business Update

  • First Tracks: Huge Cash Reserves Will Not Sustain Testing For Long