Clinical TrialsBeam's first clinical efficacy data in four sickle cell disease patients got marred with one patient death due to respiratory failure, likely related to busulfan conditioning regimen.
Market PositionBeam Therapeutics is expected to be the third player in gene editing for sickle cell disease, trailing behind Vertex and Editas.
Valuation ConcernsBeam Therapeutics is trading at a high implied enterprise value compared to peers without presenting any clinical data, raising concerns about overvaluation.