Climb Bio, Inc., formerly Eliem Therapeutics, Inc., is a clinical-stage biotechnology company. The Company is focused on developing therapeutics for patients with immune-mediated diseases. The Company’s lead product candidate, budoprutug, is an anti-CD19 monoclonal antibody designed to deplete CD19-positive B cells, including antibody-secreting cells, in order to directly reduce pathogenic autoantibodies. The reduction of autoantibodies has the potential to be disease-modifying in autoantibody-driven diseases, such as systemic lupus erythematosus, immune thrombocytopenia, and membranous nephropathy. The budoprutug is in Phase I clinical trial.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 63.33.
Undervalued
The company’s latest PE is -123.13, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 62.56M shares, decreasing 7.16% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 1.33M shares of this stock.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 0.60.