Beam Therapeutics (BEAM)

Overall impact
B (66)

Commentary

Beam Therapeutics is a strong overall performer. With a 'B' rating of 66.2 for overall impact (75th percentile compared to all companies), Beam Therapeutics ranks 331st out of 585 industry peers, behind Biogen, Ionis Pharmaceuticals, Gilead Sciences and 327 others, and ahead of Grifols, Jazz Pharmaceuticals, Bluebird Bio and 251 others. On top material causes for Beam Therapeutics's industry (Pharmaceuticals & Biotech), Beam Therapeutics performs well in Equal Pay and Opportunity (84.6 score), Child and Maternal Health (86.4), Child and Maternal Health (92.8) and 3 other causes where it received an 'A' score and performs poorly in Humane Treatment of Animals (5.5 score).
Impact
Cause BEAM
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Company
Employees
522
Sector
Health Care
Industry
Biotechnology
Sub-industry
Biotechnology
SASB industry
Biotechnology & Pharmaceuticals
Headquarters
Ma, United States
Share classes
BEAM
Description
Beam Therapeutics Inc., a biotechnology company, engages in the development of precision genetic medicines for patients suffering from serious diseases in the United States. It develops BEAM-101 for the treatment of sickle cell disease; BEAM-302, a liver-targeting LNP formulation to treat severe alpha-1 antitrypsin deficiency; and BEAM-301, a liver-targeting LNP formulation for the treatment of glycogen storage disease 1a. It also intends to develop BEAM-103, an anti-CD117 monoclonal antibody, and BEAM-104, a cell therapy for development in sickle cell disease and beta-thalassemia; and BEAM-201 and other potential ex vivo CAR-T therapies. The company has research collaboration agreement with Pfizer Inc., focus on in vivo base editing programs for targets rare genetic diseases of the liver, muscle, and central nervous system; Apellis Pharmaceuticals to conduct preclinical research on target specific genes within the complement system in various organs, including the eye, liver, and brain; Verve Therapeutics, Inc., for cardiovascular disease treatments; Sana Biotechnology, Inc., to research, develop, and commercialize rights to CRISPR Cas12b for cell therapy programs; and Orbital Therapeutics design RNA for the prevention, treatment or diagnosis of human disease. Beam Therapeutics Inc. was incorporated in 2017 and is based in Cambridge, Massachusetts.
Material causes
Ethos considers the following causes material for Beam Therapeutics, based on its industry sub-industry Biotechnology. Learn more about material causes in our methodology overview.

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