Gritstone bio (GRTS)

Overall impact
C (53)

Commentary

Gritstone bio is an average overall performer. With a 'C' rating of 53.3 for overall impact (48th percentile compared to all companies), Gritstone bio ranks 500th out of 585 industry peers, behind Grifols, Biogen, Ionis Pharmaceuticals and 496 others, and ahead of Jazz Pharmaceuticals, Citius Pharmaceuticals, Mereo BioPharma and 82 others. On top material causes for Gritstone bio's industry (Pharmaceuticals & Biotech), Gritstone bio performs well in Disease Eradication (96.4 score), Child and Maternal Health (87.4) and Child and Maternal Health (85.0) and performs poorly in Sustainable Use of Natural Resources (38.8 score), Disaster Readiness and Effective Aid (16.6), Humane Treatment of Animals (38.0) and 4 other causes where it received a 'D' or 'F' score.
Impact
Cause GRTS
Peer rank
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Company
Employees
231
Sector
Health Care
Industry
Biotechnology
Sub-industry
Biotechnology
SASB industry
Biotechnology & Pharmaceuticals
Headquarters
Ca, United States
Share classes
GRTS
Description
Gritstone bio, Inc., a clinical-stage biotechnology company, engages in developing vaccine-based immunotherapy candidates against cancer and infectious diseases. Its primary product candidate is GRANITE, an individualized immunotherapy candidate, which is in Phase 2/3 clinical trials for the treatment of microsatellite stable colorectal cancers; and has completed Phase 1/2 clinical trials for treating solid tumors. The company is also developing SLATE, an off-the-shelf immunotherapy candidate, which is in Phase 2 clinical trials for the treatment of metastatic solid tumors. In addition, it develops CORAL, a COVID-19 vaccine program, and a therapeutic vaccine candidate that is in Phase 1 clinical trials designed to treat and cure human immunodeficiency virus (HIV) infection. Gritstone bio, Inc. has a strategic collaboration with bluebird bio, Inc.; a collaboration agreement with Gilead Sciences, Inc.; and a license agreement with Genevant Sciences GmbH. The company was formerly known as Gritstone Oncology, Inc. and changed its name to Gritstone bio, Inc. in May 2021. Gritstone bio, Inc. was incorporated in 2015 and is headquartered in Emeryville, California. On October 10, 2024, Gritstone bio, Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.
Material causes
Ethos considers the following causes material for Gritstone bio, based on its industry sub-industry Biotechnology. Learn more about material causes in our methodology overview.

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